0
What is the name of the tax rate at which additional income is taxed?
Wiki User
∙ 14y ago
Your marginal rate as compared to your effective rate.
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
What is the earning threshold for a child to pay taxes?
The child's income is essentially considered the income of the parent...so it is taxed at their rate, and presumably they have enough income to be taxed.
What legal form of organization's income is not taxed under individual income tax rate?
corporation
What is the term that refers to the percentage that is taxed?
The term that refers to the percentage that is taxed is the tax rate. In most cases, the tax rate is progressive depending on the level of income.
What is california's state tax on long term capital gains?
treated as ordinary income and taxed at your ordinary income tax rate. No breaks as in Federal !
How is pension income taxed?
The taxable amount of the distribution is added to all of your other gross worldwide income on your 1040 federal income tax return will be subject to income taxes at your marginal tax rate.
How much is taxed are you taxed on 1476.00?
in Britain it is 17.5% tax rate and if that is your annual income then no.
What is the earning threshold for a child to pay taxes?
The child's income is essentially considered the income of the parent...so it is taxed at their rate, and presumably they have enough income to be taxed.
What legal form of organization's income is not taxed under individual income tax rate?
corporation
What are the federal income tax rates on a 401K early withdrawal?
The withdrawal will be taxed at the rate determined by your entire taxable income, including the withdrawal. If the early withdrawal has no exceptions, it will incur an additional penalty tax of 10%.
What is the term that refers to the percentage that is taxed?
The term that refers to the percentage that is taxed is the tax rate. In most cases, the tax rate is progressive depending on the level of income.
How much of my income is generally taxed?
Your income tax rate would depend on what you salary is at. Someone at a entry level job would expect a rate of about 15% of the salary as income tax.
What are disadvantages of preference shares?
dividends are taxed at same rate as income so higher the income the more prone are you to tax payments
Where did americas income come from just after the independece war?
From 1913 to 1921, the income from capital gains were being taxed at ordinary rate, up to a maximum rate of 7 percent.
Which country has the highest tax rate?
Denmark has the highest income tax rate, with its top-taxed citizens paying 68% of their income. The basic tax rate starts at 42%. (Source; Guiness World Records.)
How are income taxes calculated in the United States?
Income tax is a tax rate that is applied to specific person's income and is based upon their level of income. It is usually taxed upon a percentage of income and can change.
What is california's state tax on long term capital gains?
treated as ordinary income and taxed at your ordinary income tax rate. No breaks as in Federal !
How is pension income taxed?
The taxable amount of the distribution is added to all of your other gross worldwide income on your 1040 federal income tax return will be subject to income taxes at your marginal tax rate.
