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It is always best to seek tax advice from a professional to avoid any penalties. There is not a concrete amount of taxes due from any amount of money. Taxes due relate to the income and other variables of the individual.

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If your taxable income is from 4000 - 7499 your tax is 100 plus 5 percent of any amount 4500 how much tax in dollars is due on a taxable income of 5800?

$100.00 plus 5% of $1300.00 = $100.00 + $65.00 = $165.00


If your taxable income Is from 4000.00- 7499.00 your tax is 100 plus 5 percent of any amount 4500.00 How much tax in dollars is due on a taxable income of 5800.00?

Your tax would be $165.00. (5800-4500=1300 X .05=65+100=165.00)


If your taxable income is form 4000-7499 your tax is 100 plus 5 percent of any amount above 4500 how much tax in dollars is due on a taxable income of 5800?

The 5% of 5800$ is 5800x5/100=290$ So your tax is 290$+100$=390$ wrong the 5% is only applicable to the $1300 from 4500 to 5800 which would = $65 plus the 100 = 165 5800-4500=1300 .05 * 1300= 65 65+100=165


How much tax in dollars is due on a taxable income of 5800.00?

iF YOUR TAXABLE INCOME IS FROM $4,000.00-$7,499.00 YOUR TAX IS $100 PLUS 5% of any amount $4,500.00


If your taxable income is from 4000.00 7499.00 your tax is 100 plus 5 percent of any amount 4500.00 how much tax in dollars is due on a taxable income of 5800.00?

How about this amount 1300 X .05 = 65 + 100 = 165


Over how much taxable income must I have to file a tax return?

How much must I make in taxable income to have to file a return?


What is income taxable and how do you find out how much you owe?

Taxable income is described as gross income or adjusted gross income minus any deductions or exemptions. Taxable income can also come from appreciated assets that have been sold or capitalized in that tax year.


How much income outside of social security is taxable?

Income outside of Social Security is taxable based on several factors, including the type of income earned, deductions taken, and individual tax filing status. Common types of taxable income include wages, salaries, self-employment income, rental income, investment income, and retirement account distributions. It is important to consult with a tax professional or use tax software to accurately determine the taxable portion of your income outside of Social Security.


Is commission taxable?

It sure is. It is as much "income" as any other pay in your payslip. Also note: Self-employed income or cash received is as taxable as any other remuneration source.


If your taxable income is from 4000.00-7499.00 your tax is plus100 plus 5 percent of any amount 4500.00 then how much tax in dollars is due on a taxable income of 5800.00?

So you have 100 plus 5 percent of the amount over 4000. 2999 X .05 WOULD BE 120 PLUS THE 100 WOULD 220 CORRECT.


How much social security can you receive before it is taxable receiving other income?

It depends on if you are single or married. If you are single you can have "combined income" up to $25,000 of income before your Social Security becomes taxable; if you are married that number is $32,000. "Combined income" is defined as half of your Social Security income, plus any tax exempt income, plus any other income (from investments, pensions, rental property, etc.).


Is the income of your teenager taxable?

Whether your teenagers income is taxable depends on how much money the teenager made. Further nformation can be found at the Internal Revenue Service and the sites for each individual state.