No
How much income tax do you have to pay on 12000? In: http://wiki.answers.com/Q/FAQ/2083, http://wiki.answers.com/Q/FAQ/3440[Edit categories]Read more: How_much_income_tax_do_you_have_to_pay_on_12000
Yes. The federal threshhold for income to become taxable is less than $12K
Is something missing from this question? It doesn't make a lot of sense. Do you mean how do you avoid income tax? Do you mean how does the government tax income? Do you mean, how do you caluclate the amount of income tax that you will have to pay?
You don't pay tax on the tax-free pay and you do pay tax on taxable income
The simple answer is because they don't make enough income or qualify for refundable tax credits, such as earned income tax credit or additional child tax credit.
How much income tax do you have to pay on 12000? In: http://wiki.answers.com/Q/FAQ/2083, http://wiki.answers.com/Q/FAQ/3440[Edit categories]Read more: How_much_income_tax_do_you_have_to_pay_on_12000
If it is a gift from you to her, and YOU paid for it, if a tax is applied, you will pay it.
Yes. The federal threshhold for income to become taxable is less than $12K
The wealthy do pay income tax, and since the wealthy have more income, they must pay more money in income tax.
Is something missing from this question? It doesn't make a lot of sense. Do you mean how do you avoid income tax? Do you mean how does the government tax income? Do you mean, how do you caluclate the amount of income tax that you will have to pay?
You don't pay tax on the tax-free pay and you do pay tax on taxable income
all people pay income tax.
Yes I am afraid so.It does not matter how you make income you have to pay tax on it.
That depends on what you do for a living. If you sellf the boats for a true living then yes you have to pay income tax. But that's also because of the salary you make. AKA your paycheck.
Could it be your income??
The simple answer is because they don't make enough income or qualify for refundable tax credits, such as earned income tax credit or additional child tax credit.
yes we have to pay tds and advace tax beside anual income tax