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Why should income tax be paid?

If a person meets the legal requirements to pay income tax and does not, he is in violation of the law.


How does a person qualify for a second mortgage?

If they have enough equity in the property and have enough income to take on more debt.If they have enough equity in the property and have enough income to take on more debt.If they have enough equity in the property and have enough income to take on more debt.If they have enough equity in the property and have enough income to take on more debt.


Can you claim chapter 13 if not a homeowner?

Yes, if you meet the requirements for a c. 13 (be a person, have less than the current maximum debt limit for a c. 13, income enough to pay for the plan).


The amount of money a person has left of his or her income after taxes is called?

disposable personal income


What is the amount of money a person has left on his or her income after taxes called?

disposable personal income


What is the amount of money a person has left of his or her income after taxes called?

disposable personal income


What do you call the amount a person takes home after taxes?

That is called your Net income. Before taxes it is called Gross income.


Can a person on ss be a cosigner?

Yes, it's income but need good credit & enough to qualify.


Can a person who is disabled be put on a mortgage?

Yes, depending on their credit record and income and whether those meet the requirements of the lender.


What is black income?

Black income is the salary kind of thing in which a person does bad things actually called black money is known as black income


What are the requirements for a three person mortgage?

The requirements for a three person mortgage typically include all applicants meeting the lender's credit score and income criteria, providing necessary financial documents, and agreeing to be jointly responsible for the loan repayment.


The person or persons requesting the worksheet should supply their requirements in a what kind of document?

In Project Management, this is called a requirements document or specifications document.