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What else can I help you with?
Is total taxable income the same as total income?
No, total taxable income is not the same as total income. Total income includes all sources of income, such as wages, interest, dividends, and capital gains. Total taxable income, on the other hand, is the portion of total income that is subject to taxation after deductions, exemptions, and adjustments are applied. Therefore, total taxable income is typically lower than total income.
When you subtract the total expenses from the total income what is the result?
When you subtract total expenses from total income, the result is known as net income or profit. If the total income exceeds total expenses, the result is a positive net income, indicating a profit. Conversely, if total expenses surpass total income, the result is a negative net income, indicating a loss. This calculation is essential for assessing financial health and performance.
What is the difference between gross total income and total income?
Gross total income is the total income for the country divided by the amount of people therefore you get what each person in the country would get.
Is it possible that National income of a country is increasing but total output produced is declining. Support your answer with suitable logic?
I will tell to teacher he is cheating
Can you apply for medicaid for your children since you do not receive child support and you remarried and your husband is not low income?
Your eligibility for medicaid would be determined by your total household income regardless of who the children's biological father is.
How much is the minimum child support for a total monthly income of 674.00?
Assuming it's not public assistance/SSI, a net income of $674 would typically result in a child support order of $135.00 for one child ($674.00 times 20%, rounded up).
What are the differences between tax rates?
Total income tax as a percentage of total taxable income is the average tax rate, whereas total income tax as a percentage of total economic income is the effective tax rate.
Can they take child support from two jobs?
Yes, child support can be calculated based on the total income from all sources, including multiple jobs. The court typically considers the combined income when determining the support amount, ensuring that the child's needs are met. If a parent has income from two jobs, both income streams may be considered to establish the appropriate child support obligation. However, specific laws and guidelines can vary by jurisdiction, so it's important to consult local regulations or a legal professional for accurate information.
How do you solve gross income?
the total income
How is net income measured on an income statement?
following is the formula for measuring net income or loss:Net income (loss) = total revenue - total expenses.
Formula for Total operating income?
how to calculate total operating income in Manufacturing Sector
What is a yearly Gross income?
Gross yearly income is the total income before any deductions are taken out. Total incoming , excluding all expenditure, i think Your income before taxes are taken out
