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What term describes an income level below that which is needed to support a family or a household?
Wiki User
∙ 12y ago
Poverty threshold
Wiki User
∙ 12y ago
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What is the minimum income needed to support a household called?
the standard of living
What is gross household income?
gross household income is how much money everyone in your "household" brings home after taxes.
What is Household income after taxes called?
Net Household Income After-Tax Income is actually a common term as well.
Can tax exempt income qualify as support?
Need more info to answer properly, but if I understand what you're asking: Income that is not subject to income taxes (tax exempt investments, inheritance income from an estate, life insurance proceeds, etc) can certainly be considered income to support oneself - (IE If someone asks how you support yourself when you have no job... you may have income sources that are tax exempt that provide you with enough income to live a very comfortable lifestyle.) If you're asking for purposes of support as in child support or spousal support - then I believe that is negotiable prior to settlement of the divorce / child support case. If you're asking if tax exempt income qualifies as income for a dependecy exeption, then the answer is yes. So long as the income is enough to cover 50% of the expenses to maintain the household / provide for the child, etc.
Is annual household income calculated before or after taxes?
it is always calculated on the gross income
What was the average household income in 1984?
The average household income in 1984 was around $22,415 in the United States. However, this figure varied depending on factors such as location, household size, and industry.
What is the minimum income needed to support a household?
the standard of living
What is the minimum income needed to support a household called?
the standard of living
What do you call the minimum income needed to support a household?
The Poverty Threshold
Which household and family composition has the highest median income?
Married Couples
What is the average income made by the average UK family?
in 2000, £23,200 was the average income for a single household.
What is Mexico's average income compared to a family in Australia?
The average income for an Australian household is 3.4 times that of a Mexican household income:Mexico Avg. Income: 6,576Australia Avg. Income: 22,410Both figures are on US dollars.
Is the child support amount based upon the ex-spouse's household income in Arizona?
No, not the whole household's income, just the ex-spouse's income. If he/she is remarried the new spouse's income does not count. Only the biological parents pay for their child.
If your pension is docked by child support or family support can you collect unemployment?
No, your pension income is for supporting you and your family.
What is the median household income of Massachusetts?
As of 2019, the median household income in Massachusetts was approximately $85,843.
How much dos a family of 2 adults and 4 children receive when claiming income support?
how much does a family of 2 adults and 3 children receive when claiming income support.
What was US median household income in 1931?
Median Household Income 1931
