The amount of tax you should pay on an income of $38,000 depends on your country's tax system, filing status, and any applicable deductions or credits. In the United States, for example, the federal income tax for a single filer in 2023 may involve a marginal tax rate based on the tax brackets. Typically, a portion of your income would be taxed at different rates, with the first $11,000 taxed at 10%, and the amount between $11,001 and $44,725 taxed at 12%. You may also need to consider state taxes, which vary by state.
if i earn £5000 a year what percentage of tax should i pay
i make 7200 a year
how much tax do i pay on 900 a week
how much tax in Ontario would u pay for married on 60,000.00
executive
There is no average income tax rate in America; income tax rates are determined by how much you earn. For example, if your taxable income is below $8500, then you will only need to pay 10%, while if you earn above $38000, then you will need to pay 35%.
All you owe.
if i earn £5000 a year what percentage of tax should i pay
Too much, only billionaires should pay taxes. :-)
The amount you should pay for quarterly taxes depends on your income and deductions. It is recommended to consult with a tax professional or use a tax calculator to determine the appropriate amount to pay.
i make 7200 a year
The estimated tax you should pay for the upcoming tax year depends on your income, deductions, and credits. It is recommended to consult with a tax professional or use online tools to calculate the estimated amount accurately.
how much tax do i pay on 900 a week
how much tax in Ontario would u pay for married on 60,000.00
0. No kidding, that's what about 50% of the people pay.
executive
what should be my tax code for earning 118,000