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What is the maximum percentage of net spendable income that should be set aside for transportation?
Wiki User
∙ 11y ago
At least 20% should go towards transportation. At most 30%.
Wiki User
∙ 11y ago
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What is the maximum percentage of a borrower's income that can be used to make the monthly mortgage payment called?
Debt to income ratio
Formula for net income percentage?
Net income percentage = Net income / Revenue
What percentage from each check can someone garnish?
The maximum under federal law is 25% of disposable income. If the state in which the garnishment is executed has a lower percentage of wage garnishment than 25% that is the one that is assessed.
What is the income maximum for financial aid?
There is none.
What percentage of your net income or realized income should be spent on housing?
25
What is the maximum percentage of net spendable income that should be set aside for food?
15%
What is the maximum percentage of net spendable income that should be set aside for housing?
The maximum percentage of net spendable income that should be set aside for housing is 38 percent. It is important to choose housing that you will be able to afford to pay for each month.
Jeff has a net spendable income of 1450 per month. What is the maximum amount of money Jeff should plan to spend on his transportation budget?
A general guideline for transportation expenses is around 15-20% of net income. Based on Jeff's net spendable income of $1450, he should plan to spend around $217.5 to $290 per month on transportation.
What is the maximum percentage of a borrower's income that can be used to make the monthly mortgage payment called?
Debt to income ratio
What is the maximum percentage allowed for wage garnishment for child support in Florida?
50% of disposable income.
What is the maximum amount of personal income tax in the US that has to be paid?
There is no maximum. Earnings above a certain amount (after deductions) are taxes at a fixed percentage rate..that will not change regardless of how much is earned.
Formula for net income percentage?
Net income percentage = Net income / Revenue
What percentage from each check can someone garnish?
The maximum under federal law is 25% of disposable income. If the state in which the garnishment is executed has a lower percentage of wage garnishment than 25% that is the one that is assessed.
What is the difference in percentage of income versus percentage of expense?
Income = expense + savings&investments Income = expense + savings&investments
What is the actual percentage of income spent to pay taxes?
What ever your marginal tax rate is when you get to the taxable income amount line on the 1040 tax form that your using and your income tax return has been completed correctly. It can be from -0-% to the maximum 35% You have 5 different rates.
How do I find out what my income tax percentage is?
There are many websites available online that can help you calculate your income tax percentage. It is usually based on your income and the type of income that you have.
What financial statement does transportation in go on?
INcome Statement
