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Do you really think that's all there is to it? Much more goes into the determination.
See, that's why there are all those companies and software sellers with programs, etc, etc that do this for people, and entire professions with lots of busy people, many advertising to get your business, all those silly tax forms to be completed and laws about what is what...and so many people get in trouble for doing it wrong or fraudulently thinking there are short cuts or they can out smart it...and even more that think it is simply to hard to understand.
Virtually no 2 people with even the same job and income pay the same tax.
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∙ 12y ago
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What level of government can tax citizens?
federal and state.
If you had a tax offset will you still get a stimulus check?
Any stimulus payment will offset to a federal tax liability or other federal/state liability.
Is the federal reserve responsible for administering the federal tax code?
No, that would be the Internal Revenue Service (IRS).
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.
What is the fastest growing source of federal revenue for the US?
The Payroll Tax
If you are seventy eight years old and took care of a lady in 2008 you earned approximately 55000 Will you have to pay federal income tax on this money?
Seemingly yes. Age is not a factor in tax liability...young or old, nor how you made the income.
How much money do you take home after taxes in California at 55000 a year?
You should get this information from your employer payroll department as they will be the one that would know how much FICA, federal income tax, state income, local taxes, etc that they will have to withhold from your hourly pay or gross of 55000 for the year after every thing is withheld from your gross pay to equal your take home pay.
What kind of tax is the federal government's tax?
It's a federal government tax
What is 9 percent of 55000?
9% of 55000 = 55000*9/100 = 4950
On a paystub what is the uss tax?
On my pay stub there is a USS tax and no federal tax? Is USS federal tax?
Is federal tax on gasoline deductible on a 2008 federal tax return?
No. Not any year. And Federal Tax, even income tax, is not deductible on a return.
The federal income tax uses which form of taxation?
The federal tax is considered a voluntary tax.
What is 55462 rounded to the nearest thousand?
55000
When did federal inventory tax start?
In the US there is no federal tax on inventory.
Who can take your federal income tax?
federal income tax people
The federal personal income tax is an example of which kind of tax?
The federal personal income tax is an example of progressive tax.
What types of taxes are federal taxes?
Federal taxes are paid to the federal government. There are many different ones; in the transportation business income tax, Social Security tax, unemployment tax, fuel tax, road tax and federal excise tax are the most important.
