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What percentage of 47000 will you get back if federal and state tax you?

This would depend on a lot of other factors. What taxes were already paid to other things such as dependents and other deductibles.


Why should Americans pay federal taxes?

Taxes pay for roads, schools, and the military.


What is the minimum income threshold that must be reached for federal taxes to be deducted from your earnings?

The minimum income threshold for federal taxes to be deducted from your earnings is 12,400 for a single individual in 2020.


What would be the federal taxes owed on 25000 dollars?

if filing status is single...approximately $3750.00


How are federal taxes determined?

how are federal taxes determined


Can I deduct state taxes from my federal taxes?

Yes, you can deduct state taxes from your federal taxes if you itemize your deductions on your federal tax return.


What are federal estate taxes?

Federal state taxes are taxes to be paid to the federal government on owned property. Theses taxes are to be paid once a year.


What are the percentage rates for federal income taxes?

What federal income tax percent should my employer deduct from my wages


What are taxes that are withheld from workers paychecks?

on my w-2 the line where i should have federal taxes withheld has $0.00 and I want to know why


Are federal income taxes deductible for federal corporate income taxes?

No, they are not.


Why do they take off so much taxes from someone who is single?

Because a single taxpayer under that age of 65 with no dependents is only allowed to have 9350 of income in the year 2009 and 2010 free of federal income taxes.


What is the federal governments biggest single source of tax revenue?

The individual income tax is the government's biggest single source of tax revenue.