Why should the 65 year old owe anything!
170000
Yes, the IRS can, and will, garnish an income tax refund if money is owed from an audit.
For a single person with an income of $8,900, the federal income tax owed would typically be low, as this income falls below the standard deduction for the tax year 2023, which is $13,850. Therefore, they would likely owe no federal income tax. However, they may still be subject to other taxes, such as state income tax or payroll taxes if applicable. It's always advisable to consult a tax professional for specific circumstances.
what will be the tax owed on $60,000.00 for single and no dependents?
Is there a statue of limitations on Missouri income tax that is owed
If you are in the FMS offset income tax program yes and you would be notified if this happens.
no
And the out of state income is from Alabama
Yes, it can. Taxes owed are garnished from all sorts of income, unfortunately.
We can't tell you, because how annual income translates into taxable income depends on a lot of factors.This may help:If are single and your taxable income was $88,000 in 2013, you would have owed very close to $18,000 in federal taxes.Because of deductions and exemptions, the annual income would have to have been somewhat higher, and it's hard to specify exactly how much because it depends on a lot of factors. At minimum, you should add the amount for the personal exemption (probably) and the standard deduction (again, probably) to come up with the annual income.
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.
how much income tax do i owe on $23,000 with 0 dependants