After turbotax sez your efile has ben excepted what next what do you do?
Answers: You mean, accepted? Well, there's nothing to do now but wait. You can check the status your refund at irs.gov. But give it awhile as they won't have any information right away.
Now all you need to do is wait to receive your tax refund.
If I file my taxes electronically, and afterwards amend them, will it be done automatically?
I filed online at turbotax.com and consequently went wager on after I already got my repayment to amend my taxes. Do I have to messages in the 1040X or do they catch one automatically?Answers: The amended return, Form 1040X, is a paper form which must be mail in. It cannot be file electronically.
How much % of my gross income is tax?
My pay is $1833.70 and export tax on that is $230 so how much % due do I pay?Another payslip is $1166.90 and the toll was $104
Another: $1500.30 - $165 levy
How much % of my pay is tax?
Answers: Your PAYG withholding tax vary with the amount you earn. So the more you earn the more import tax you will pay.
Have a look at this site at the ATO. Shows your PAYG withheld for different amounts of pay.
http://www.ato.gov.au/businesses/content...
100% of your (taxable) income is taxable, but at varying rates, stating at 0% for the first $6,000
This is the chart from the ATO website. It doesn't come out too all right here, but visit this hard to please page of the site to see it for yourself
http://www.ato.gov.au/taxprofessionals/c...
Taxable income
Tax on this income
$1 – $6,000
Nil
$6,001 – $30,000
15c for each $1 over $6,000
$30,001 – $75,000
$3,600 plus 30c for respectively $1 over $30,000
$75,001 – $150,000
$17,100 plus 40c for each $1 over $75,000
$150,001 and over
$47,100 plus 45c for respectively $1 over $150,000
With your monthly pay human being $1833.70 you would fall into the 15% export tax bracket.
$1833 x 12 = $21996. As this is under $30,000 you drip into the 15c tax bracket
This mode for every dollar that you earn over $6,000 you are essentially pay export tax at 15c in the dollar. What also requirements to be factored into the equation is an extra 1.5% for the medicare levy. Your approx tax rate is around 16.5%.
Check out the ATO's toll withheld calculator to check to see how much should be withheld from you wage. http://www.ato.gov.au/scripts/taxcalc/ca...
Cheers