Mostly education and healthcare
D. Municipal fund produces tax-exempt income. Earnings from municipal funds, which invest in bonds issued by state and local governments, are generally exempt from federal income tax and often from state taxes as well. In contrast, the other options, such as US savings bonds, corporate stock, stock mutual funds, and corporate bonds, typically generate taxable income.
As of July 2014, the market cap for John Hancock Tax Advantaged Dividend Income Fund (HTD) is $792,429,666.00.
The symbol for Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the NYSE is: EXG.
No, when filing for the federal income tax return, you do not attach the Schedule A for the state income tax return.
It stands for Federal Income Tax. SIT stands for State Income Tax
The gross income of Ginger Hughes is $215 per week. Her deductions are: $15.16, FICA tax; $29.33, income tax; 2% State tax; 1% city tax; and 3% retirement fund. What is her net income?
A percentage of what you earn each year (ie of your income) is taken by the state to fund the activities of the state. The tax is MUST (by law) be paid every adult earning an income in the country.
To calculate Ginger Hughes' net income, you need to deduct her total deductions from her gross income. The total deductions are 15.16 (FICA tax) + 29.33 (income tax) + 2% state tax + 1% city tax + 3% retirement fund. Her net income will be $215 (gross income) - total deductions.
$605.32 :) :P
$605.32 :) :P
If you derive income from a trust fund then you must declare that income on your tax return.
The symbol for Eaton Vance Tax Advantaged Dividend Income Fund in the NYSE is: EVT.
The symbol for John Hancock Tax Advantaged Dividend Income Fund in the NYSE is: HTD.
Federal income tax is not a source of revenue for state or local governments, as it is collected by the federal government. Instead, state and local governments primarily rely on sources such as sales tax, property tax, and income tax specific to their jurisdictions. These taxes fund local services and infrastructure.
Graduated Income tax
$605.32
No utility would not refer to the individual federal income tax unless you would have a UTILITY INVESTMENT FUND that you would be receiving income from. Then you would have some taxable income from this UTILITY FUND that you would have to report on your 1040 federal income tax return.