The gross income of Ginger Hughes is $215 per week. her deduction are: $15.16, FICA excise; $29.33, income excise;?
2% state tax; 1% city excise; and 3% retirement fund. what is her net incomeAnswers: FICA Tax is $15.16
Income Tax $29.33
1% City Tax is $2.15
2% State Tax is $4.30
3% Retirement Fund is $6.45
All the above own to be subtracted from the gross income of $215.00
Net Income is $157.61
I have like book the answer is B $157.61
What's is the income bracket that separates low, middle and upper class?
Answers: If the question is for India. Then the income brackets that separates low, middle and upper class are as follows:
First about exemption limits for Individuals:(1.4.07 to 31.3.08) Financial Year 2007-08.
Rs.1,10,000 for Male <65 years of Age.
Rs.1,45,000 for Female <65 years of Age.
Rs.1,95,000 for Seniour Citizens >65 years (Male or Female)
Now Tax slabs that separates low, middle and upper class:
Between Rs.1,10,000 to 1,50,000 (Low) Tax (a)10%
Between Rs.1,45,000 to 2,50,000 (Middle) Tax (a)20%
Between Rs.2,50,000 and above (Upper) tax (a)30%
Yearly income export tax?
whats your way of organize and turning them in?Answers: If you hold an accountant - they should send an organizer that will abet you gather and direct the info. If not, go through end years return and arrange your information according to the way you reported it ultimate year.
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