$3,000/4 = $750 per year = 8% of 'x'.
0.08x = 750
x = 750/0.08 = $9,375.00
2,400
450 dollars would be spent a month on entertainment if the family spends nine percent of their $5000 income monthly on that. You figure this by multiplying .09 by 5000 giving 450, which is the amount spent monthly on entertainment.
All of the money into home loans of course.
Total Income = ? % spent on Rent = 23% % spent on food = 20% % spent on Other expenses = 42% Amount remaining = 360 % remaining = 100 - (23 + 20 + 42) = 15% 15% of X amount = 360. So X = 360/15% = 2400 The families total income is $2400
17% of 20,000 = 3,4007.5% of 1,200 = 903,400 + 90 = $3,490
debit cash 9000debit tax 1000credit interest income 10000
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.
How about this amount 1300 X .05 = 65 + 100 = 165
2,400
Yes, you are required to report all interest income, regardless of the amount, on your taxes.
450 dollars would be spent a month on entertainment if the family spends nine percent of their $5000 income monthly on that. You figure this by multiplying .09 by 5000 giving 450, which is the amount spent monthly on entertainment.
Yes, you are required to report all interest income on your taxes, regardless of the amount.
Yes, you are required to report all interest income on your taxes, regardless of the amount.
So you have 100 plus 5 percent of the amount over 4000. 2999 X .05 WOULD BE 120 PLUS THE 100 WOULD 220 CORRECT.
Yes, you are required to report all interest income, regardless of the amount, on your tax return.
Yes, you are required to report all interest income on your taxes, regardless of the amount.
Yes, you generally need to report all interest income, regardless of the amount, on your taxes.