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What is the taxes owed for a single person with an income of 8900.00?
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How much are taxes in Florida on 5000 dollars?
None. Florida doesn't have State Income taxes and the threshold for Federal Income taxes is more than $5000 as the Standard Deduction for a single person for 2014 is $6200.
How much will you owe in taxes on 67000 annual income if you are single?
$13,400
What is the amount of money a person has left on his or her income after taxes called?
disposable personal income
Why do they take off so much taxes from someone who is single?
Because a single taxpayer under that age of 65 with no dependents is only allowed to have 9350 of income in the year 2009 and 2010 free of federal income taxes.
Does a person drawing workers comp have to file taxes?
If worker's compensation is your only income for you and your family then no you don't have to file taxes. Worker's Compensation is not taxable on Federal Income Taxes.
How much are taxes in Florida on 5000 dollars?
None. Florida doesn't have State Income taxes and the threshold for Federal Income taxes is more than $5000 as the Standard Deduction for a single person for 2014 is $6200.
When do you start paying federal and state income taxes?
When you make over the standard deduction, which is $12,400 for a person filing single.
What do you call the amount a person takes home after taxes?
That is called your Net income. Before taxes it is called Gross income.
How much will you owe in taxes on 67000 annual income if you are single?
$13,400
How do you file your taxes if you lived in a rental property for the year but your roommate paid the rent?
Rent has nothing to do with how you file your income taxes, nor does who pays rent. If you are single you will file your taxes as single.
What is the amount of money a person has left of his or her income after taxes called?
disposable personal income
The amount of money a person has left of his or her income after taxes is called?
disposable personal income
What is the amount of money a person has left on his or her income after taxes called?
disposable personal income
Why do they take off so much taxes from someone who is single?
Because a single taxpayer under that age of 65 with no dependents is only allowed to have 9350 of income in the year 2009 and 2010 free of federal income taxes.
What is the federal governments biggest single source of tax revenue?
The individual income tax is the government's biggest single source of tax revenue.
Does a person drawing workers comp have to file taxes?
If worker's compensation is your only income for you and your family then no you don't have to file taxes. Worker's Compensation is not taxable on Federal Income Taxes.
What taxes are higher corporate or income taxes?
income taxes
