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Does a fourteen year old have to pay taxes?
Yes it is possible that a fourteen year could be required to file a federal 1040 income tax return and could possibly have a federal income tax liability after the 1040 income tax return is completed correctly.
Is sporadic income included in determining alimony?
Yes. If you have a source of income that is continuing, but erratic, (e.g.: sales commissions, etc) what you earn over a period of a year is averaged and that amount is added to your stable income when calculating your support obligation.
On 15.000.00 how much taxes would you have to pay?
In the US it could be as high as half of it. Most people are going to end up paying between 25% and 35% depending on their income bracket. If it was the only money made that year the taxes would be very minimal.
In Nebraska if an eighteen year old moves out of the house how long are the parents responsible for his actions?
As he is still a very much a minor the parents are accountable till he is a adult at the age of 21 years at least.
How can a 17 year old get amacipated?
It will depend on the county, state or country you live in. If the law allows it, you petition the court with the appropriate documentation, such as income.
How much can a person make in a year and still be able to contribute to an IRA?
You can obtain easy-to-read income limits at the link provided below.
If you have 3 children but no income for over a year Can you still file for taxes?
Yes you could still file a 1040 federal income tax return but if you do not meet the MUST FILE A INCOME TAX RETURN and you do NOT have any income.
How much money can a child make without having to pay income tax?
it doesnt matter about age. If a child earns over £5000 a year then they still have to pay income tax regardless of age.
How much does a still photographer make?
The average annual income is $55,000 per year for a still photographer. The average annual income for a wedding photographer is $102,000.
What is Non filing of Income Tax Return?
When a person does not file their income tax return every year, there will be a penalty. An income tax shows the amount of how much the person has earned for the year.
How much taxes are due on 4800.00 a year?
For the 2009 tax year if your taxable income is 4800 your federal income tax liability would be 483.
How much income tax you have to pay in India in the year 2012-2013?
some much
If you do not have a job but still have an income like the GI Bill would you need to have a cosigner on a loan?
How it is looked at by the loan companies is Income minus Expenses, if your annual income is only 10k but your rent (or mortgage) is only 5k a year, they see it as you have 5k a year to pay your loan with. however if you make 40k a year, but pay a 35k a year mortgage, you still only have 5k a year to repay with. 40k a year does look better that 10k a year, but the income minus living expenses is the primary thing they look at, along with Credit.
if you file 1099 do you still pay the same amount of tax at the end of the year?
Yes you will still owe money at the end of the year based on income received.
How much income tax collected in India in last year?
zero
How much do pediaticians make?
Pediatricians average about $100,000 in income a year.
Does a 16 year old file income tax in Canada?
Ones age does not determine if a person files taxes or not, what it matters is how much money the person made that year. What was the income of the person that year, is what determines the income tax filling status.
