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Can i claim both my sister and her daughter even if she received food stamps-?

You can only claim your sister and her daughter on your taxes if you supported them and they lived in your household. Benefits have to be added to the return as income to the household.


How do you calculate the debt to income ratio?

See, it has to be a ratio of your total monthly income and your total monthly debt payments. First of all, you should add your monthly income. On the other hand, you have to add your monthly bills e.g. rent, car loan, phone etc. Your total credit card outstanding balance has to be divided by 12 and the figure that you achieve has to be added with your total monthly bill payments. Thus, you arrive at your debt payment each month. You must ensure that your debt payments shouldn't exceed 50% of your earnings. You can use a debt-to-income ratio calculator to know the correct figure.


Is rent added in national income when royalty is there?

Rent and Royalty are added in national income under income method.


Is gross income before or after taxes?

Gross income is an individual’s total pay before taxes or other deductions. So, for example, if your monthly income is $3,000 but you only receive $2,000 take-home pay, your net income would be $2,000 while your gross income would be $3,000.


What Is income after taxes are taken out?

Before tax income is all of your gross worldwide income added together and that amount would be your before tax income. After tax income will the amount that you will have left after you complete your income tax returns completely and correctly down to to last lines on your income tax return and paid any taxes that may have been owed. Then the amount that you have left would be your AFTER TAX INCOME AMOUNT.


Provident fund contributed by employer will be added or subtracted from net income?

For the employee - it will be added to his/her net income For the employer - it will be subtracted from their net income


How much do 220K in student loans affect the approval of a 200K home loan if your joint income is 70K?

If you pull a three beur., credit report it will show all your debt and monthly payments. this is what a lender looks at. All the monthly payments on the credit report. This Would be added to the respective new monthly payment, taxes and insurance of your new loan as a percentage of your gross monthly income. There are two ratios. The top will be the percentage of your new mortgage, property taxes and insurance on a monthly basis of your gross monthly income. The bottom ratio will be this plus all other monthly debt. 28% is great, 40% is somewhat harder, 50% is almost the end. Of course this all do's not matter if you have great credit scores and go Stated. In this case you just say how much you make a month. If you are still in school or taking courses etc. then the shool loans do not count. You would have to get a letter from the school etc. that you are still going.


What are the new stamps that were added for the Fair in Club Penguin?

you have to get 50 tickets and buy it at the forest


How do you tell what 1st class stamps are worth when it doesn't say on the stamp with no cents?

The best way is to consult the USPS web site. They list all of the stamps issued without a value. These stamps can still be used for postage at that value, so other stamps have to be added. They can only be used for US addresses.


Is net sales the same as net income?

Export benefit needs to be added in the net income


Are your 2008 first class postage stamps still good for 2009?

Forever stamps are still good for the new rates. Stamps with a 42-cent denomination require another 2 cents of added postage to meet the current rate of 44 cents.


Can lighter fluid be used to detect watermarks on stamps?

Yes, but it isn't the best thing to use, but it will do the job some of them have additives that can damage stamps, so make sure it is pure without anything added. Make sure you do not disturb the gum on mint stamps.