It depends on a variety of reasons, such as filing status, number of exemptions, deductions and credits. Also each state have their own tax bracket. (Some state has no income tax).
For an estimate in Federal and California and single owes about $1600 worth of taxes.
Yes. Of course. Why would you possibly think the State you live in has any control over federal, or even more, that it wouldn't want the money on it's own state taxes collected?
Yes when you have taxable income you would file a federal and state income tax return.
If you were entitled to both a state and a federal refund, then you would get two separate checks.
If you are talking about state income taxes, Washington does not have a state income tax so there would be no state income tax on the retirement income for Washington residents. Generally, there would be Federal tax though.
If you itemize deductions on your federal income tax return, you have the choice of claiming a deduction either for state income taxes or state sales taxes (but not both). Sales taxes would include those for groceries. Note that this is a deduction, not a refund or credit.
Yes. Of course. Why would you possibly think the State you live in has any control over federal, or even more, that it wouldn't want the money on it's own state taxes collected?
No because disability payments come from taxes, so it would not make sense. Disability payments do not come from the state they are federal.
Yes when you have taxable income you would file a federal and state income tax return.
Your employer would be able to give you the percentage amount that would be withheld from your pay for the total of all taxes on the 1000 amount. Social security, medicare, federal income taxes, state income taxes, local income taxes, etc.
If you were entitled to both a state and a federal refund, then you would get two separate checks.
Federal income taxes would be filed using 1 1040 federal income tax return combining all of the different states income on the 1 1040 income tax return.
If you are talking about state income taxes, Washington does not have a state income tax so there would be no state income tax on the retirement income for Washington residents. Generally, there would be Federal tax though.
For a $5,000 win from Publishers Clearing House, federal taxes would typically be around 24%, resulting in about $1,200 in federal tax. State tax varies by state; for example, if your state tax rate is 5%, that would be an additional $250. Therefore, you could expect to pay approximately $1,450 in total taxes, leaving you with about $3,550 after taxes. Always consult a tax professional for precise calculations based on your situation.
puerto rico would have more money then what is has now
If you itemize deductions on your federal income tax return, you have the choice of claiming a deduction either for state income taxes or state sales taxes (but not both). Sales taxes would include those for groceries. Note that this is a deduction, not a refund or credit.
If its IRS, then that's Federal and the Federal Courts handle that. If its state taxes, then the state courts handle that one. Each jurisdiction has their own laws pertaining to the taxes.
To determine the amount left after taxes on a $2,500 income in New York, you need to consider both federal and state taxes. Assuming a combined tax rate (including federal, state, and local taxes) of around 30% for an average income, you would subtract approximately $750 in taxes, leaving you with about $1,750 after taxes. However, the exact amount can vary based on individual circumstances, such as specific deductions and tax brackets.