You are the only one that has all of the necessary information that will have to be reported on your 1040 FEDERAL income tax return for the year in order to do the calculation for the numbers that you are looking for.
After you complete your 1040 federal income tax return correctly to your TAXABLE INCOME and page 2 lines 43 and Line 44 you will know the amount of your income liability before any credits or other taxes.
Continue from Line 45 to the last lines at the bottom of the 1040 page 2 and then you will know how much taxes you will have to pay if any after you complete your 1040 income tax return correctly.
Monthly salary is not a tax, though you may have to pay taxes on your salary as required by your local, state, and national tax laws.
starting salary of a tax assistant is around 21 thousand
what effect do pretax salary reductions have on the federal income tax?
In the United States, the average annual salary for a tax preparer is $33,000. The average annual salary for a tax preparer in California is $36,000.
You save the tax on $3000 in whatever bracket you are in; so, if you are in a 20% bracket this is $600 in your pocket.
150000
like 150000
150000
150000
5% = 5/100 5*150000/100 = $7500
150000
200
150000
7500
35000 to 150000 each year
15% = 0.15 0.15 x 150,000 = 22,500
For the 2014 season the minimum salary is $500,000.