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Personal income is equal to the money an individual makes in a year. Personal income is usually derived from jobs or investments.
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Derice Personal income from national income?
Personal Income = National Income - undistributed corporate profits - corporate profit taxes - earnings not paid out - social insurance taxes + transfer payments So basically, national income is what is earned by a person and personal income is what they actually get
What is the difference between personal income and disposable income?
a
What are the types of income distribution?
Personal income distribution and functional income distribution :)
The amount of money a person has left of his or her income after taxes is called?
disposable personal income
Why an economy's income must be equal to its output?
Because output generates income.
How to culculate personal income to disposable income?
Personal Income = Disposable Income + Personal Savings
To calculate disposable personal income you take personal income and subtract what?
individual income taxes
Would personal income disposable income or discretionary income be of the greatest interest to marketers?
Discretionary income, not personal income or disposable income, would be the greatest interest to marketers.
How much is Washington state income tax?
Washington does NOT have any Personal Income TaxesNo state personal income taxRetirement Income: Not taxed.
What is definition of personal income?
An individual's income.
Net income is equal to your gross income plus taxes?
That would do it for me, but unfortunately for me my net income is equal to my gross income minus taxes.
What s meant by income inequality.distinguish between personal and functional distribution of income.?
What is meant by income inequality? Distinguish between personal and functional distribution of income.
What is Washington state taxe rate?
Personal Income TaxesNo state personal income tax
What is the taxable income max on a 1040?
There is no maximum income amount on a 1040 personal income tax return. The form will incorporate whatever amount of income a person has to report on their personal income.
Derice Personal income from national income?
Personal Income = National Income - undistributed corporate profits - corporate profit taxes - earnings not paid out - social insurance taxes + transfer payments So basically, national income is what is earned by a person and personal income is what they actually get
What is the difference between personal income and disposable income?
a
Who collecting Texas state taxes?
Texas does not have any Personal Income TaxesNo state personal income tax and Retirement Income: Not taxed
