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What should you put for the annual household income if you get paid biweekly?
Angelica1328
biweekly pay X 26 would be close enough.
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∙ 12y ago
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What should you put for the annual household income if you get paid hourly?
Take the average amount that you earn in a week and multiply it by 52.
How much life insurance would a newly married couple with a $100k annual income need?
A couple should be able to replace from one to five years of household income.
What percentage of income should be spent on clothing?
About 4% of your net annual income.
What percentage of monthly income should go on household expenses?
Rent shouldn't be than one quarter of your income.
How much should you pay for a car?
No more than 25% of your annual income. There are other points of view on this.
What are the appropriate steps to take when applying for Medicare?
You should have a good handle on your montly income. You should also have the information of all members of your household available.
How much annual income do you have to earn in order to owe the IRS 18000.00?
We can't tell you, because how annual income translates into taxable income depends on a lot of factors.This may help:If are single and your taxable income was $88,000 in 2013, you would have owed very close to $18,000 in federal taxes.Because of deductions and exemptions, the annual income would have to have been somewhat higher, and it's hard to specify exactly how much because it depends on a lot of factors. At minimum, you should add the amount for the personal exemption (probably) and the standard deduction (again, probably) to come up with the annual income.
How do you figure out the Social Security Benefit Worksheet - Lines 20a and 20b?
Line 20a is the amount shown in Box 5 on the SSA-1099 or RRB-1099 form the Social Security Administration should have mailed to you at the end of January.Line 20b is calculated based on your total household income and your filing status.Filing SingleIf your total annual income is less than $25,000, your tax rate for Social Security is 0%. (0)If total annual income is $25,000-$34,000, your tax rate for Social Security is 50%. (.5)If your total annual income is $34,001 or more, your tax rate is 85% (.85)Married, Filing JointlyIf your total annual income is less than $32,000, your tax rate for Social Security is 0%. (0)If total annual income is $32,001-$44,000, your tax rate for Social Security is 50%. (.5)If your total annual income is $44,001 or more, your tax rate is 85% (.85)Example:Suppose Box 5 on SSA-1099 says $14,000
What is Average amount of Life insurance held by an insured household in the US?
That question varies depending on who you talk to. The normal household is usually under insured. The recommended amount of insurance that a household should have is as follows Main Bread Winner/s Enough to pay off all debts plus 10 times the annual income Spouse Enough to pay off all debts plus ether 5 times annual income of Main Bread Winner if children and does not work, or 10 times Spouse's annual income. These should both be term policies for a length of time to make sure children are out of the house. each should also have ether a $50k or $100k UL policy that covers them up to age 110 to 120 depending on the company. You would also have the option to add a small children's rider to ether term policy You can call and talk to the in house agents that I talk to when I am out in the field they are great Life & Annuity Masters (800)997-8661 ask for an in house agent Life Agent Since 2005
Should the word bi weekly be hyphenated?
No it's not hyphenated: biweekly.
If Jenny is paid biweekly how much is withheld for taxes for 1 year if 135.16?
You should get this information from your employer payroll department as they will be the one that would know how much FICA, federal income tax, state income, local taxes, etc they will have to withhold from your hourly pay or gross pay for the pay period.
How much home can you afford?
The amount of home you can afford is based on your monthly or annual income. For example if you have a down payment of $10000.00 and a gross monthly income of $4000.00, your maximum home price should be $40000.00.
