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What is marginal and average tax rate of 10 percent on income between 0 and 8025?

1 in a million


What is the Percent of income breakdown on expenditures?

10 percent


What is top 20 percent income in US?

As of this year the top twenty percent of income in the United States is "a household income of just over $100,000. The top 10 percent of earners have a household income of more than $148,687."


What is the journal entry if i received 10000 as a interest income and 10 percent percent advance income tax paid?

debit cash 9000debit tax 1000credit interest income 10000


Payment to the church of 10 percent of a person's income?

This is known as a TITHE.


Payment to the church of 10 percent of a persons income?

Tithe (or tithing)


What is a payment to the church of 10 percent of persons income called?

Tithe


What are the low and high tax brackets for salaries?

The low tax bracket for 2008 federal tax brackets is 10 percent for taxable income between $0 and $8,025. The high tax bracket for 2008 is 35 percent for taxable income between $357,700 and above.For 2009 federal tax brackets, the low tax bracket is 10 percent for taxable income between $0 and $8,350. The high tax bracket is 35 percent for taxable income between $372,950 and up.For more information, go to www.irs.gov/newsroom for Article IR-2007-172 (2008 Inflation Adjustments Widen Tax Brackets) and IR-2008-117 (2009 Inflation Adjustments Widen Tax Brackets and Expand Tax Benefits).


What is top 10 percent income?

Top 10 percent income refers to the highest-earning segment of a population, typically defined by income thresholds that vary by country and year. In the United States, for example, households in the top 10 percent often have annual incomes exceeding around $200,000, though this figure can fluctuate based on economic conditions and regional differences. This demographic holds a significant share of total income and wealth in the economy, highlighting disparities in income distribution.


What are the difference between tax and cess?

Tax is calculated as a percent from income/transaction. Cess is calculated on tax. Example: Income: 1,00,000 Tax: 10% Cess: 5% Tax= 10% of 1,00,000= 10,000 Cess= 5% of tax= 5% 0f 10,000= 500


Sales is 50000 variable expense 20000 fixed expense 20000 net income 10000 find net income if activity volume increases 10 percent percent?

$13000 or an increase of $3000.


What are the dollar amounts for determining tax brackets?

It depends on the filing status. For 2008: (Tax Rate Schedule X) * 10% on income between $0 and $8,025* 15% on the income between $8,025 and $32,550; plus $802.50* 25% on the income between $32,550 and $78,850; plus $4,481.25* 28% on the income between $78,850 and $164,550; plus $16,056.25* 33% on the income between $164,550 and $357,700; plus $40,052.25* 35% on the income over $357,700; plus$103,791.75(Tax Rate Schedule Y-1) * 10% on the income between $0 and $16,050* 15% on the income between $16,050 and $65,100; plus $1,605.00* 25% on the income between $65,100 and $131,450; plus $8,962.50* 28% on the income between $131,450 and $200,300; plus $25,550.00* 33% on the income between $200,300 and $357,700; plus $44,828.00* 35% on the income over $357,700; plus$96,770.00(Tax Rate Schedule Y-2) * 10% on the income between $0 and $8,025* 15% on the income between $8,025 and $32,550; plus $802.50* 25% on the income between $32,550 and $65,725; plus $4,481.25* 28% on the income between $65,725 and $100,150; plus $12,775.00* 33% on the income between $100,150 and $178,850; plus $22,414.00* 35% on the income over $178,850; plus$48,385.00(Tax Rate Schedule Z) * 10% on the income between $0 and $11,450* 15% on the income between $11,450 and $43,650; plus $1,145.00* 25% on the income between $43,650 and $112,650; plus $5,975.00* 28% on the income between $112,650 and $182,400; plus $23,225.00* 33% on the income between $182,400 and $357,700; plus $42,755.00* 35% on the income over $357,700; plus$100,604.00