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If Neal and Linda had a combined taxable income of 209150 and filed their federal income tax return with the Married Filing Jointly filing status how much does the table below say that they should pay?
Wiki User
∙ 6y ago
$46,840.50
Lara Abbas-Beydoun
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What is fit taxable wages?
FIT, or Federal Income Tax, taxable wages are your total wages less deductions. To calculate taxable income, you subtract above the line and below the line deductions as indicated by your tax form.
Is money inherited from a parent's estate taxable?
No, inheritances are not subject to federal income taxes.
Is borrowed money taxable in US?
No the borrowed money would not be taxable income to you that you would report on your 1040 federal income tax return as income in the year that the amount is borrowed.
Are life insurance benefits subject to federal income tax?
No. Life Insurance proceeds to beneficiaries are not taxable.
Is TANF taxable income?
No. TANF is not taxable, and should not be included on your federal income tax return. Per IRS Pub. 525 "Do not include in your income governmental benefit payments from a public welfare fund based upon need..."
Brutus and Misty are married and filing jointly Their taxable income is 74223?
$12,176
Do you file your taxes if your on disability have gotten married spouse works and have kids?
If you have a spouse, you may file a joint tax return with your spouse whether or not you have any taxable income yourself. In virtually all cases, filing jointly results in paying less combined tax than being married filing separately. And not filing jointly could make your wife ineligible for certain tax breaks like the Earned Income Credit or a Roth IRA contribution.
What is Form 1040ez?
Form 1040EZ is the easiest of the three income tax forms someone can use to file their federal income taxes. If taxable income is less than $100,000 AND you don't claim any dependents AND you file as single or are married filing jointly, then fill out Form 1040EZ.
Is federal income tax refunds taxable?
No. Federal tax refunds are not taxable. In some cases, state tax refunds are taxable.
Is workman's compensation taxable Federal and State in Oklahoma?
NO, workman's compenstion is not taxable by federal or state taxes in the state of Oklahoma.
How do you figure out your Maryland taxable income if you filed jointly in 2007 and single for 2008?
Exactly that way
What does not fit taxable mean on a check stub?
Federal Income Tax (FIT) Taxable
Is a rebate taxable income?
None of the federal rebates that you may have received would be taxable.
Are US life insurance policies taxable?
As a general rule, life insurance policies in the US are not taxable. However it is taxable if it is combined with a non-refund life annuity.
Do you have to pay federal taxes?
If you have taxable income, yes.
What does ytd fed taxable mean on a check stub?
Year-to-date income that is taxable as federal income tax.
Will Georgia tax your Federal rebate money?
No. Your federal tax is not deductible from your income in determining state taxable income, hence any refund of it isn't included as taxable income.
