The amount of income tax that is taken out each year changes and depends on how much you make. However, you will have to pay the standard social security and Medicare taxes. Most people have 10 to 15 percent of their income withheld for taxes.
yes
Projected earnings are impossible to calculate
To calculate the gross income for a person making $425.00 a week, you simply take that weekly amount as it represents their gross earnings before any deductions. Therefore, the gross income is $425.00 per week. If you want to calculate the annual gross income, you would multiply that weekly amount by the number of weeks in a year, which is 52, resulting in an annual gross income of $22,100.00.
Gross earnings for the movie Jumper for America, England, The Phillippines and Russia total $105,943686. The film's budget is estimated at $85,000,000.
Yes. Usually when people say revenue, they mean gross earnings, and since a profit is generally considered a positive number (gross earnings - costs). As long as gross earnings are great than costs, a profit is still made.
$1,843,201,268
From the employer to the employee no difference gross pay earnings and social security wages earnings would be the same thing.
$654,264,015
1,806,700 total
Taxes on business gross profits, and on personal gross earnings.
$30,000,000,000+ To date - november 2011
To determine George's total gross weekly earnings, we first calculate his earnings from each job. If he works 20 hours at $6.25 per hour from one job, he earns $125, and if he works another 20 hours at $7.50 per hour from the other job, he earns $150. Therefore, his total gross earnings for the week are $125 + $150 = $275. Consequently, George saves 18% of his total earnings, which amounts to $49.50.