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What term is used to describe the percentage that is taxed?
The percentage at which something is taxed is the Tax Rate.
Is money from a EEOC lawsuit taxable?
Yes-if you get a settlement from the EEOC it is taxable. If it is considered wages it is taxed at the rate your wages were taxed. If it is compensatory damages it is taxed at a lower rate but it cannot exceed 50% of the settlement.
What is the name of the tax rate at which additional income is taxed?
Your marginal rate as compared to your effective rate.
What is the term that refers to the percentage that is taxed?
The term that refers to the percentage that is taxed is the tax rate. In most cases, the tax rate is progressive depending on the level of income.
Do you include work bonuses from employers as gross income?
Yes you do. Any income from your employer will be included in your ordinary income and will be taxed.
Why is supplemental income taxed higher than regular income?
Supplemental income, such as bonuses or commissions, is taxed at a higher rate because it is considered additional income on top of regular wages. The higher tax rate is meant to ensure that individuals pay their fair share of taxes on all sources of income.
Is the sale of real estate taxed in MA?
YES
Is PTO taxed at a higher rate compared to regular income?
No, PTO (paid time off) is not taxed at a higher rate compared to regular income. Both are typically taxed at the same rate based on your total income.
What term is used to describe the percentage that is taxed?
The percentage at which something is taxed is the Tax Rate.
How much is taxed are you taxed on 1476.00?
in Britain it is 17.5% tax rate and if that is your annual income then no.
Is vacation pay taxed at a higher rate than regular income?
Vacation pay is typically taxed at the same rate as regular income.
Is money from a EEOC lawsuit taxable?
Yes-if you get a settlement from the EEOC it is taxable. If it is considered wages it is taxed at the rate your wages were taxed. If it is compensatory damages it is taxed at a lower rate but it cannot exceed 50% of the settlement.
What is the name of the tax rate at which additional income is taxed?
Your marginal rate as compared to your effective rate.
What is the term that refers to the percentage that is taxed?
The term that refers to the percentage that is taxed is the tax rate. In most cases, the tax rate is progressive depending on the level of income.
Do you include work bonuses from employers as gross income?
Yes you do. Any income from your employer will be included in your ordinary income and will be taxed.
If a 65000 is taxed at a rate of 35 percent?
$22750
Which of these terms refers to the percentage that is taxed?
tax rate
