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You are the only one that has all of the necessary information that will have to be reported on your 1040 FEDERAL income tax return for the year in order to do the calculation for the numbers that you are looking for.
After you complete your 1040 federal income tax return correctly to your TAXABLE INCOME and page 2 lines 43 and Line 44 you will know the amount of your income liability before any credits or other taxes.
Continue from Line 45 to the last lines at the bottom of the 1040 page 2 and then you will know how much taxes you will have to pay if any after you complete your 1040 income tax return correctly.
What else can I help you with?
Do you need to pay monthly and quarterly income tax even though you have paid the annual income tax?
yes we have to pay tds and advace tax beside anual income tax
Felicia is a manager at the All You Can Eat Buffet. She earns 38550 annually. If she pays 6.2 of her annual income toward Social Security and 1.45 of her income toward Medicare how much will she?
To calculate Felicia's contributions to Social Security and Medicare, we need to find 6.2% and 1.45% of her annual income of $38,550. Social Security contribution: ( 0.062 \times 38550 = 2390.70 ) Medicare contribution: ( 0.0145 \times 38550 = 560.48 ) Adding these together, Felicia will pay a total of approximately $2,951.18 toward Social Security and Medicare.
How much income you need to sponsor parents to US?
$35000 for 1 person
What does he need to create to help him decide how much of his income needs to be used for expenses and how much he can save?
budget
How much would you pay in taxes making 9.25 an hour?
To determine how much you would pay in taxes earning $9.25 an hour, you first need to calculate your annual income. Assuming a full-time schedule of 40 hours a week for 52 weeks, your annual income would be approximately $19,240. Tax liability varies based on your location, deductions, and filing status, but at a federal level, you might fall into the 12% tax bracket, which would result in around $2,309 in federal income tax, not including state taxes or other deductions. Always consult a tax professional for precise calculations based on your specific situation.
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.
How much is 350000 in US money?
This can't be answered. We need to know the currency that the converting to dollars without that the questions can't be answered.
How much annual income would you need to have if using the 2836 ratio your maximum allowable recurring debt is 380?
To determine the annual income needed using the 28/36 ratio, we first need to understand that the 28% refers to the maximum percentage of gross monthly income that can go toward housing expenses, while the 36% refers to total monthly debts. Given that your maximum recurring debt is $380, this represents 36% of your gross monthly income. To find the monthly income, divide $380 by 0.36, which equals approximately $1,056. Therefore, the annual income needed would be about $12,672.
How much is 350000 won in US money?
This can't be answered. We need to know the currency that the converting to dollars without that the questions can't be answered.
How much do you have to make to qualify for a 150000 home loan?
Given that a reasonable estimate of the price of a home should not exceed 2 1/2 times your income, you would need a $60,000 annual income to purchase a $150,000 home.
Do you need to pay monthly and quarterly income tax even though you have paid the annual income tax?
yes we have to pay tds and advace tax beside anual income tax
What coverage do you have?
Twenty times my annual income. Depending on your specific situation, you may need a lot less, or more.
How much money does a controller earn?
Between 50k and 70k a year on the average. I've been a pipeline controller for 7 years. what kind of qualifications do you need? i am a petroleum supply specialist in the army
How much do you need to afford a 1 million dollar home?
You should have an annual income of $100,000 and at least $100,000 for a down payment. You will also need $50-$100,000 for miscellaneous closing costs. you will need a job that pays at least 500k per year.
What is the monthly gross income for a Teacher?
Different pay in different places. You need to name a place.
Is love all you need?
I'm sorry to say that love is not all you need. Unfortunately the reality is that all you do need is a high annual income. Mind you it is an excellent song.
Do I Filling annual tax filling form?
If you worked then you need to file an income tax return. If you have a business then you will also need to file a tax return in order to remain compliant.
