Investopedia advises that the principal, interest, taxes and insurance should not exceed 28% of your gross income.
25 percent of income should go to house payment but the average is more like 50 percent.
Not more than 30% I'd say.
At least 20% should go towards transportation. At most 30%.
$41.40 per month would be 2.3% of $1800.
60%
I don't know how insurance calculate it, i think they should go after gross income instead of net income
25 percent of income should go to house payment but the average is more like 50 percent.
Investopedia advises that the principal, interest, taxes and insurance should not exceed 28% of your gross income.
Rent shouldn't be than one quarter of your income.
If you have no income how are you providing over 50% of the care for your dependent? The exemption should go to the person that is providing shelter, food and clothing for the dependent.
If you are asking what you should consider in regards to how much you should save for retirement income I suggest you contact a financial adviser. The answer will be based on your current income, and how you want to 'live' when you retire. As in, do you want to continue to go on vacations and dine out, or are you content staying home and occasionally going out.
41.4dollars
Percentage of business income should not be used to decide rent. Business needs and desires should be used to calculate rent. You could be making hundreds of thousands of dollars working out of a home office.
It depends on the type of imputed income. If it is imputed interest, enter it where all other interest payments go (schedule B). If it is imputed life insurance income from your employer, that should already be included in box 1 of your W-2 and you should enter it on line 7 of your W-2. You enter it wherever non-imputed income of the same nature would go.
work in progress will not go on in income statement
freshies dont deserve any money, this money should go to the B.N.P.