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Taxable income is form 4000-7499 and your tax is 100 plus 5 percent of any amount 4500?
Tinamcnairy
the 5% is only applicable to the $1300 from 4500 to 5800 which would = $65 plus the 100 = 165 5800-4500=1300 .05 * 1300= 65 65+100=165
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What are the tax percent on a dallor?
After your income tax return is completed correctly you will know what your marginal tax rate was for your taxable income for the year. The federal income tax rate on your taxable income can be from -0- percent to the maximum 35% marginal tax rate depending on your filing status and your total worldwide taxable income.
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You pay tax on taxable income and you don't on tax free income
A regressive tax means that a larger percentage of taxable income is taken in taxes and taxable income decreases?
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Yes the amounts are property, etc received would be taxable income to the receiver of the gratuity.
If your taxable income is form 4000-7499 your tax is 100 plus 5 percent of any amount above 4500 how much tax in dollars is due on a taxable income of 5800?
The 5% of 5800$ is 5800x5/100=290$ So your tax is 290$+100$=390$ wrong the 5% is only applicable to the $1300 from 4500 to 5800 which would = $65 plus the 100 = 165 5800-4500=1300 .05 * 1300= 65 65+100=165
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The basic rate for Maryland taxes is two percent of the taxable income. This is the rate for when the amount of taxable income is less than one thousand dollars.
If your taxable income is from 4000.00 7499.00 your tax is 100 plus 5 percent of any amount 4500.00 how much tax in dollars is due on a taxable income of 5800.00?
How about this amount 1300 X .05 = 65 + 100 = 165
How can I determine my taxable income?
Taxable income is the total amount of your income that is taxable. Certain types of income are exempt from taxes, but most income is taxable. To find out more information about taxable income, go to http://en.wikipedia.org/wiki/Taxable_income
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a dollar amount that reduces the amount of taxable income...
If your taxable income is from 4000 - 7499 your tax is 100 plus 5 percent of any amount 4500 how much tax in dollars is due on a taxable income of 5800?
$100.00 plus 5% of $1300.00 = $100.00 + $65.00 = $165.00
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The penalties from a lawsuit is considered taxable income. The amount of tax depends on the amount of the settlement.
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The tax amount on the taxable income could be from 2% to the maximum 6.75% amount.
If your taxable income is from 4000.00-7499.00 your tax is plus100 plus 5 percent of any amount 4500.00 then how much tax in dollars is due on a taxable income of 5800.00?
So you have 100 plus 5 percent of the amount over 4000. 2999 X .05 WOULD BE 120 PLUS THE 100 WOULD 220 CORRECT.
What is the income tax rate in Georgia?
It depends on the filing status. For 2007: Joint or Head of Household: Tax is computed at a graduated rate and is assessed in a range from one to five percent on the first $10,000 of net taxable income (total tax on first $10,000 of net taxable income is $340) plus six percent of the excess of net taxable income over $10,000. Single Return: One to five percent of the first $7,000 of net taxable income (total tax on the first $7,000 of net taxable income is $230) plus six percent of the excess of net taxable income over $7,000. Married Couple Filing Separate Return: One to five percent on the first $5,000 of net taxable income (total tax on the first $5,000 of net taxable income is $170) plus six percent of the excess of net taxable income over $5,000. http://www.etax.dor.ga.gov/taxguide/TSD_Tax_Guide_for_Georgia_Citizens_2007.pdf
What is the Georgia income tax rates?
It depends on the filing status. For 2007: Joint or Head of Household: Tax is computed at a graduated rate and is assessed in a range from one to five percent on the first $10,000 of net taxable income (total tax on first $10,000 of net taxable income is $340) plus six percent of the excess of net taxable income over $10,000. Single Return: One to five percent of the first $7,000 of net taxable income (total tax on the first $7,000 of net taxable income is $230) plus six percent of the excess of net taxable income over $7,000. Married Couple Filing Separate Return: One to five percent on the first $5,000 of net taxable income (total tax on the first $5,000 of net taxable income is $170) plus six percent of the excess of net taxable income over $5,000. http://www.etax.dor.ga.gov/taxguide/TSD_Tax_Guide_for_Georgia_Citizens_2007.pdf
What are the tax percent on a dallor?
After your income tax return is completed correctly you will know what your marginal tax rate was for your taxable income for the year. The federal income tax rate on your taxable income can be from -0- percent to the maximum 35% marginal tax rate depending on your filing status and your total worldwide taxable income.
