answersLogoWhite

0

-$10,000,000.00

User Avatar

Wiki User

12y ago

What else can I help you with?

Continue Learning about Accounting

How much income tax is taken out of ten million dollars?

i am single with four children. how much would the taxes be on 10 million dollars?


How do you write a check for 82.10?

Eighty-two and 10/100 dollars


You bought 5000 dollars worth of penny stocks they are now worth 148 dollars can you claim the loss on your income tax?

I am not sure about US tax but in the UK you could claim a capital loss BUT only if you sell the stocks. (If you don't sell then in 10 years they could be worth 100000 dollars) Also in the UK you could not offset the loss against income only against tax on a capital gain (selling stocks at a profit).


What is the income tax on 10 million dollars?

The income tax on 10 million dollars depends on the applicable tax rates and the specific tax laws of the jurisdiction in question. In the United States, for example, the federal income tax is progressive, with rates that can go up to 37% for income over $518,400 for individuals (as of 2023). Additionally, state taxes may apply, which can vary widely. Therefore, the total tax liability could range from approximately 3.7 million dollars (at the highest federal rate) to significantly more when including state taxes and other considerations.


What are tax write offs?

"Write offs" are slang for items that you deduct from your tax income or obligations. For example, if you have investment income of $100 but have a loss of $10 you can "net" the loss against the income. Or, as another example, if you pay fees of $12 for your IRA account, that fee is allowed to be "written off" the income.

Related Questions

How do you write a quarter of a million dollars?

Three quarters of a million dollars is $750,000.


How do you write 10 million dollars?

$10,000,000.


How do you write 10 billion 50 million dollars?

Ten billion fifty million dollars would be: $10,050,000,000.00


How do you write out 10 million dollars?

$10,000,000.00


How do you write ten million dollars in numbers?

The numerical equivalent of ten million dollars is $10,000,000.00


How do you write 1779 million dollars?

1779 million dollars can be expressed as $1.779 billion. To write it numerically, you would write it as $1,779,000,000. Alternatively, you could also say it as 1.779 x 10^9 dollars in scientific notation.


How do you write 19.75 million dollars in scientific notation?

1.975 x 10^7


What is 30 percent of 10 million dollars?

To find 30 percent of 10 million dollars, you would multiply 10,000,000 by 0.30. This calculation results in 3,000,000 dollars. Therefore, 30 percent of 10 million dollars is 3 million dollars.


What is 10 percent of 70 million dollars?

Ten percent of 70 million dollars is 7 million dollars. To calculate this, you multiply 70 million by 0.10 (which represents 10 percent). Therefore, 10% of 70 million equals 7 million.


How do you write 12.5 million dollars?

1.25 million written fully out is 1,250,000. It can also be written like 1.25 M.


Can i open a company with 10 million dollars?

Yes. It is possible to open a company with 10 million dollars.


How do you write 10 billion 500 million on a check?

Ten billion five hundred million and 00/100 dollars (please make the check out to 4Jays).