 Previous employor withholding W-2's? |
| My previous employor hasn't sent my W-2's. We had several payroll companies and has all of 2006 W-2's execpt Jan-March. In that time he cut me checks out of his personal account like I ... |
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 What is the maximum amount you and your wife can make and still get that bonus the government gives? |
| I was wondering how much you could make and still qualify for that bonus the government gives out. My wife didn't really make anything this year, less than 3,000 dollars total for the year, and I... |
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 Can I file my 2006 taxes before I receive my W4? |
Additional Details
As mentioned I meant my W2s. Can I file my taxes for 2006 BEFORE I receive my W2?... |
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 Can a disabled relative be claimed on taxes? |
| My brother was born with a severe birth defect called Cloacal Bladder exstrophy. As a result he was given a surgical procedure where his ureturs from his kidneys were tied internally to his ... |
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 What federal tax form do I use if........? |
| I make less than $7,000 a year; I don't own a home or any property; I have NO children (thank God); I'm not married, and I gave money to my local church last year. Is there a special form I... |
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 Why do people get busted for tax evasion if there is no law that we have to pay income tax? |
My understanding is that there is NO law that requires that people pay income tax and yet I hear about people getting popped all the time by the IRS for income tax evasion.
What gives?
<... |
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 17 year old girl, claimed as a dependent on parent's taxes, but made $3000. Do I get the tax rebate? |
| My parents claimed me on their taxes as a dependent. But I worked all last year, and made over $3000, so do I qualify for the rebate? I initially thought i did, but now I have read an article that ... |
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 Stimulus/Rebate Checks - those that are suppose to be sent by July 4th - has anyone received theirs yet? |
| Going by the Stimulus Payment schedule at irs.gov, my rebate check should be sent out no later than July 4th - but by it stating "no later than", I am wondering if I can expect it sooner ... |
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 Why Am I paying tax? |
| I am 18 and a full-time student and work weekend I am just wondering whether i have to pay tax? If not what can i do so that i will not be taxed from my wages? I earn around £3370.80 a year. So will ... |
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 What to do if person that watched child wont give ss# bc they dont file taxes. How can i claim what i paid? |
| This eldery lady from church watched my child so i could finish high school but my mother in law told me that she doesn't do her taxes or something bc they dnt pay for housing or something like ... |
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| Tax rebate?....is it UNFAIR for single parent to get less compare for married couple..if the governmenr really |
want to help the economy.....isn't they should priority those please who needs MORE help?....am i wrong to think this way?
Additional Details
i mean government not governmenr...... |
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 Tax rebate? |
| Im in the UK. Ifiled my tax return on the 7/7. How long does it take to get a rebate if i am going to get one?... |
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~Raju~ | What is the personal income tax structure in USA? |
I am coming to USA and say for example if I make US$ 30.00 per hr., What will be my yearly income and how much tax I will have to pay? I will work say 8 Hrs a day with my status in USA on H1B visa. |
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tbear
 |
Prepare to get robbed by your new uncle! |
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Rich goldie
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Depends on your marital status and how many people you claim on your deductions. |
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Crystal I
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$57,600 per year based on full time employment
Your annual tax is…
Single $11,059
Married filing jointly $7,906
Married filing separate $11,059
Head of household $9,891
Crystal
www.crystalibarra.com |
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Judy1
 |
Federal income tax is typically a higher percentage as your income goes up. You get exemptions (deductions from your income) for yourself and for each member of your family. There is also a flat "standard deduction" - that amount depends on whether you're married or not.
With that income, if you're single, you'd pay around $9500 in federal income tax. Social security taxes will be another $4600 or so if you're an employee - if you're considered an independent contractor, then it will be twice this much.
State and local income taxes might add to this, depending on where you live. Different states have different rates, and some don't have an income tax although most do.
Good luck in the USA. |
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chick_fin
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It will depend on whether you but a home since interest is a huge deductible expenses. In addition, you may have other expenses involved in moving that could lead to a very low tax liability at year end.
If you are to be an employee you can file your W-4 with up to 12exemptions to have the minimum amount take from your taxes.
If you are an independant contractor you will have to file on a quarterly basis |
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Joe A
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you'll be making about 75 thousand dollars. your tax rate will be 25% |
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spicertax
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Yearly income about 62,000. Federal income tax will be about 9,900 - state tax about 2,500 - social security tax is 4,700 if you are an employee or 9,400 if you are self-employed. |
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George
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Most answers deal with the assumption that you will have full employment for Jan 1st. If you come in and work only say 6 to 9 months, things will be different and you would not have to pay the full 20% the first year, because taxes here in the US like in India are on a sliding scale (i.e more you make more you pay).
Ask your employer if you will be getting a W2, if you are a contract employee then you might get 1099. But I have to assume with H1B you will probably get W2. Take a note on your marital status and other dependents too which can make a big difference in your tax bill. Do not waste money and not put money in 401K that should save you some money on taxes. Do not worry about being on H1B and the 401K, when you go back (if you decide to) it is your money and you can find creative ways to take it back to India with minimum penalties.
Hope this helps and welcome to the states. |
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LIBS SUCK
 |
The "salary" income is based on a 2000 hour per year work. So multiply $30 per hour by 2000 hours, that is your gross income. So about 60,000 per year.
At this level (from my experience) you will be taxed about 20% of that, which sucks. |
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