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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.

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17y ago

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What taxes do residents of Indian reservations pay?

Residents of Indian reservations are generally exempt from state income taxes on reservation income, but they are still subject to federal income taxes. They may also pay sales taxes and property taxes depending on the location and specific agreement between the tribe and surrounding state or local government.


Do you pay school taxes if you don't own property?

You don't. If you rent the person who rents to you pays taxes on the property which includes school taxes and your rent helps him pay for the taxes. So, in a round about way you pay for them by paying him.


Who did the vassals have to pay taxes to?

The king, the local lord, and the church. They even had a death tax due at death. hope it helps (:(:(:^OYO^:):):)


What group(s) did not have to pay taxes and had their own court system?

One group that did not have to pay taxes and had their own court system were the clergy in medieval Europe. They were exempt from paying certain taxes and were subject to ecclesiastical courts, which were separate from secular courts.


If I pay someone elses property taxes does the property become mine?

Answer:If you pay someone's property taxes you would be considered a volunteer. That wouldn't give you any fee interest in the property.Occasionally, tax authorities will put a property with seriously delinquent tax payments up for sale and then you could buy the property for the cost of taxes. Contact your local city or county treasurer who handles the property taxes for your area.

Related Questions

How much taxes do you have to pay on $600.00?

How much federal taxes do you have to pay on $600?


How much would an average medieval peasant have to pay on taxes?

a lot


Why is it important for men to register in the cencus?

to determine how much taxes they would pay


How much money would the roman army get paid?

They wouldn't get paid, this just meant that the soldiers did not have to pay for taxes e.t.cBASICALLY - the romans pay would be transferred onto their taxes, so women would have to pay taxes on their houses while when the men are in the army or have retired from the army they wouldn't have to pay anything.Hope this helps :D


If you make 60000 per year how much in taxes should you pay?

how much tax in Ontario would u pay for married on 60,000.00


If you make 24000 dollars a year How much would you have to pay for taxes monthly?

I am head of my house hold with a 17 month child how much will I get back for my taxes


How much do you pay in taxes?

Too much for what I get out of it... ;-)


How much taxes would be taken out for 420000.00?

You should get this information from the payer of the 420000 or from your employer payroll department as they will be the one that would know how much FICA, federal income tax, state income, local taxes, etc they will have to withhold from your hourly pay or gross pay for the pay period.


Do you have to pay the taxes in the car you trade in in Virginia?

you would only pay taxes on a difference


How much taxes does Alabama pay a year?

how much taxes alabama pays a year


How much do you pay in taxes on 3750?

3750


Do I have to pay taxes on my ssi?

It depends on how much it is.