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if filing status is single...approximately $3750.00

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What are Federal taxes on 25000 adjusted gross?

For an adjusted gross income (AGI) of $25,000 in 2023, federal taxes would depend on filing status and deductions. A single filer might fall into the 12% tax bracket, but after the standard deduction of $13,850, the taxable income would be around $11,150. This would result in a federal tax liability of approximately $1,115, but specific amounts could vary with additional factors like credits or other deductions. Always consult a tax professional or use tax software for precise calculations.


How much federal taxes are taken out of 25000 a year?

The amount of federal taxes taken out of a $25,000 annual income depends on various factors, including filing status and deductions. For a single filer in 2023, the federal income tax rate would likely be around 12%, leading to an estimated federal tax liability of about $1,500. However, after considering the standard deduction (which is $13,850 for single filers in 2023), the taxable income would be reduced significantly, resulting in a lower tax amount owed. Overall, the actual federal tax withheld may vary based on specific circumstances.


If you win 121 million dollars in the lotto how much would you get after taxes?

61-63 million ... Roughly federal and state taxes would come out to take around half... You typically take alittle more than half the winnings if you choose "lump sum" option


If you're a tax exempt organization do you pay federal taxes?

You would pay taxes on Unrelated Business Income.


How much taxes would be taken out 500000000?

500 million dollars

Related Questions

How much would 25000 dollars in 1900 be worth today?

If you put $25000 under your mattress in 1900, today it would be worth $25000


How much would 10000 dollars in 1900 be worth in todays dollars?

25000


How much would 25000 in 1905 be worth in today's dollars?

750000


Are private disability claim checks taxable in NJ?

It depends on how you paid the premiums. If you paid with after tax dollars, your benefit is completely tax free. If you used pre-tax dollars you would owe Federal Income taxes, but not NJ Income taxes - NJ does not recognize pre-taxing. If your employer paid a portion of your private insurance premium, you would owe both Federal and State taxes.


What effect did the Korean War have on the federal budget?

The federal budget was affected by the Korean War because it cost many billions of dollars to wage it. Without the war, taxes would have likely been less.


If you win 121 million dollars in the lotto how much would you get after taxes?

61-63 million ... Roughly federal and state taxes would come out to take around half... You typically take alittle more than half the winnings if you choose "lump sum" option


How much would say you white Bengal tiger skin sale for?

i have a Bengal tiger skin and i sell it 25000 dollars


How much money is taken in federal taxes for every thousand you make?

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're a tax exempt organization do you pay federal taxes?

You would pay taxes on Unrelated Business Income.


What is 25000 dollars in 1780 worth in 2008?

A dollar in 1860 would have the buying power of $28.90 in 2014 due to inflation.


How much taxes would be taken out 500000000?

500 million dollars


What is Cain's 999 plan?

No Federal taxes would be paid but you would pay sales tax.