GEORGIA SALES AND USE TAX EXEMPTIONS O.C.G.A. § 48-8-3 March 30, 2010
Taxable income is stuff that you paid for that will benefit you for your job or business. Nontaxable income is income that isn't necessary to needing it to be taxed.
100,000 per year
bankinterest received on saving bank account is taxable or nontaxable for the assessment year 2007-2008
You may have to claim it, but it is nontaxable.
If the premiums are nontaxable income to you then you would NOT be allowed to take a deduction for the amount of the premiums that your employer has paid for your medical insurance premium's.
If you are receiving the minimum income which is 11,856 as of November 1, 2012 you are exempted from tax.
Some examples of nontaxable benefits that employees can receive from their employers include health insurance, retirement contributions, educational assistance, and certain fringe benefits like parking or transit passes. These benefits are not subject to income tax, providing additional value to employees.
One of them would be bartering, stolen property, found lost items, Prizes and awards, Free tours all would be taxableincome and you can find more by going to the IRSgov website and use the search box for Publication 525 (2009), Taxable and Nontaxable Income then go to Miscellaneous income.
In calculating child support, all income is considered (except for public assistance or SSI).
No. Refunds are portions of your income which were already reported but were nontaxable. You do not have to report any income more than once.
$400,000 per year, along with a $50,000 expense account, a $100,000 nontaxable travel account, and $19,000 for entertainment.