What is the amount of money a person has left of his or her income after taxes called?

What is the amount of money a person has left of his or her income after taxes called?
by

1 Answer

Answer :

disposable personal income
by
selected by

Related questions

Income left over after an individual pays taxes and purchases the basic necessities of food, clothing and shelter is called : 1. disposable income 2. taxable income 3. accounting income 4. discretionary income 5. credit

Description : Income left over after an individual pays taxes and purchases the basic necessities of food, clothing and shelter is called : 1. disposable income 2. taxable income 3. accounting income 4. discretionary income 5. credit

Last Answer : discretionary income

Income left over after an individual pays taxes and purchases the basic necessities of food, clothing and shelter is called: A)disposable income B)taxable income C)accounting income D)discretionary income E)credit

Description : Income left over after an individual pays taxes and purchases the basic necessities of food, clothing and shelter is called: A)disposable income B)taxable income C)accounting income D)discretionary income E)credit

Last Answer : D)discretionary income

Why are marketers interested in the level of disposable income ? 1. it accurately represents future buying power 2. it increases current buying power 3. it is what is left after taxes to buy luxuries with 4. it is a ready source of buying power 5. it is essential for forecasting future business trends

Description : Why are marketers interested in the level of disposable income ? 1. it accurately represents future buying power 2. it increases current buying power 3. it is what is left after taxes to buy ... . it is a ready source of buying power 5. it is essential for forecasting future business trends

Last Answer : it is a ready source of buying power

Why are marketers interested in the level of disposable income? A)it accurately represents future buying power B)it increases current buying power C)it is what is left after taxes to buy luxuries with D)it is a ready source of buying power E)it is essential for forecasting future business trends

Description : Why are marketers interested in the level of disposable income? A)it accurately represents future buying power B)it increases current buying power C)it is what is left after taxes to buy luxuries ... D)it is a ready source of buying power E)it is essential for forecasting future business trends

Last Answer : D)it is a ready source of buying power

Pick out the wrong statement. (A) Gross revenue is that total amount of capital received as a result of the sale of goods or service (B) Net revenue is the total profit remaining after deducting all costs excluding taxes (C) The ratio of immediately available cash to the total current liabilities is known as the cash ratio (D) Consolidated income statement based on a given time period indicates surplus capital and shows the relationship among total income, costs & profit over the time interval

Description : Pick out the wrong statement. (A) Gross revenue is that total amount of capital received as a result of the sale of goods or service (B) Net revenue is the total profit remaining ... indicates surplus capital and shows the relationship among total income, costs & profit over the time interval

Last Answer : (C) Working capital turnover ratio = sales/net working capital

Mr. Sachin spent 20% of his monthly income on food and 15% on children’s education. 40% of the remaining he spent on entertainment and transport together and 30% on the medical. He is left with an amount of Rs.8, 775/- after all these expenditures. What is Mr. Sachin’s monthly income ?

Description : Mr. Sachin spent 20% of his monthly income on food and 15% on children's education. 40% of the remaining he spent on entertainment and transport together and 30% on the medical. He is left with an amount of Rs.8, 775/- after ... 000/- b) Rs.46,000/- c) Rs.36, 000/- d) Rs.29,000/- e) None of these

Last Answer : Let the total income of Mr.Sachin be 100 According to question, 100 – 20 –15 = 65 × 60/100 × 70/100 = 27.3. 27.3 = 100 8775 = 100/27.3 × 8775 = Rs. 32142. Answer: e)

GDP at market price exceeds GDP at factor cost by the amount of revenue raised through ………………. (a) Direct taxes ; (b) Indirect taxes ; (c) Income tax ; (d) Tax on rents

Description : GDP at market price exceeds GDP at factor cost by the amount of revenue raised through ………………. (a) Direct taxes ; (b) Indirect taxes ; (c) Income tax ; (d) Tax on rents 

Last Answer : ; (b) Indirect taxes ;

My girlfriend lives with me in my house and doesn't have an income and I supprt her!! Can I claim her for my taxes as a dependent?

Description : My girlfriend lives with me in my house and doesn't have an income and I supprt her!! Can I claim her for my taxes as a dependent?

Last Answer : No, sorry. You can only claim someone related to you as a dependent.

If a person works two jobs can they file seperate income taxes?

Description : If a person works two jobs can they file seperate income taxes?

Last Answer : answer:Not unless you have two social security numbers. ;-) The payments from the two jobs will be added together. You will have 2 W-2 forms (or 1099 forms) but the amounts will be totaled on your tax form.

Is there anything valuable to be gained for those left behind after a person takes his/her own life?

Description : Is there anything valuable to be gained for those left behind after a person takes his/her own life?

Last Answer : I think in a way, we lose our sense of adolescent immortality. We know it could just as easily be us. This realization can be traumatizing. But it also reminds us to love as much as we can. To ... those we love know how we feel. It can help motivate us to stop waising our time, and do something.

Does anyone think this chart by xkcd should be in schools to help students understand money, taxes, expenses, income and other economic issues?

Description : Does anyone think this chart by xkcd should be in schools to help students understand money, taxes, expenses, income and other economic issues?

Last Answer : answer:Could you post a link to the chart? I think such a chart could be an excellent teaching tool. OTOH, such a chart has quite a potential to be abused as a political tool to skew the ... impartial teaching tool or a way to push the whole evil capitalist world view without actually seeing it.

How much money will be taken out of my paycheck for income taxes if I get paid minimum wage?

Description : How much money will be taken out of my paycheck for income taxes if I get paid minimum wage?

Last Answer : Working through a financial calculator will help to show the value taken out of your paycheck. This website provides a calculator to view what you should expect can be taken out of your paycheck http://www.moneychimp.com/features/tax_brackets.htm

Karan bought 1000 share of ABC Limited at Rs.910 through his broker excluding brokerage and taxes. However, the current market price of that share is Rs.915. Here, the amount of Rs.915 reflects ____________. a) value of share b) cost of investment c) investment value d) price of transaction

Description : Karan bought 1000 share of ABC Limited at Rs.910 through his broker excluding brokerage and taxes. However, the current market price of that share is Rs.915. Here, the amount of Rs.915 reflects ____________. a) value of share b) cost of investment c) investment value d) price of transaction

Last Answer : a) value of share

A person in haste wrote a note to his beloved misspelling a word and she crossed it out and corrected it and thus he left her,Why?

Description : A person in haste wrote a note to his beloved misspelling a word and she crossed it out and corrected it and thus he left her,Why?

Last Answer : Depends on the word. If he misspelled her name, thus making it a different name, I can see why she left.

I am receiving a check in amount of 14,000.00 from my employer. I only claim one dependent. How much can I expect to receive after taxes are taken out?

Description : I am receiving a check in amount of 14,000.00 from my employer. I only claim one dependent. How much can I expect to receive after taxes are taken out?

Last Answer : I am receiving a check in amount of 14,000.00 from my employer. I only claim one dependent. How much can I expect to receive after taxes are taken out?” Topics: Hr Block

What is the percentage of pay for workmens Compensation. Is this amount based on pay before or after taxes?

Description : What is the percentage of pay for workmens Compensation. Is this amount based on pay before or after taxes?

Last Answer : About 80% before taxes.

Supriya invests 35% of her monthly salary in insurance policies. She spends 45% of her monthly salary in shopping and on household expenses. She saves the remaining amount of `25,750. What is Supriya's monthly income? a) 128750 b) 160050 c) 205200 d) 263400 e) 391800

Description : Supriya invests 35% of her monthly salary in insurance policies. She spends 45% of her monthly salary in shopping and on household expenses. She saves the remaining amount of `25,750. What is Supriya's monthly income? a) 128750 b) 160050 c) 205200 d) 263400 e) 391800 

Last Answer : Answer: A  Percentage savings of Supriya = 100 – (35 + 45)  = 20%  Let her monthly income be x  x X 20 /100 = 25750  x = 25750 × 100/20  x = 128750

Vasavi spends 50% of her monthly income on grocery, clothes and education in the ratio of 8 : 4 : 10 respectively. If the amount spent on clothes is 2770/–, what is Vasavi's monthly income? a) 15235 b) 65000 c) 55400 d) 30470 e) 98700

Description : Vasavi spends 50% of her monthly income on grocery, clothes and education in the ratio of 8 : 4 : 10 respectively. If the amount spent on clothes is 2770/–, what is Vasavi's monthly income? a) 15235 b) 65000 c) 55400 d) 30470 e) 98700

Last Answer : Answer: D Ratio of Expenses = 8: 4: 10 therefore amount spend on clothes, i.e. 4x = 2770  x = 692.5  Total exp = (8 + 4 + 10)x  = 22x. = 22 × 692.5 = 15235  Monthly income be x.  50% of x = 15235  x = 15235 × 100/ 50  X = 30470 

Brother A and B had some savings in the ratio 5:6. They decided to buy a gift for their sister, sharing the cost in the ratio 4:5. After they bought, A is left with three-fourth of his amount, while B is left with Rs.497. Then, the value of the gift is a) 215 b) 115 c) 315 d) 415 e) None of these

Description : Brother A and B had some savings in the ratio 5:6. They decided to buy a gift for their sister, sharing the cost in the ratio 4:5. After they bought, A is left with three-fourth of his amount, while B is left with Rs.497. Then, the value of the gift is a) 215 b) 115 c) 315 d) 415 e) None of these

Last Answer : Answer: C Let the savings of A and B are 5x, 6x and the share cost of gift are 4y, 5y respectively. According to question, For A, 5x-4y=3/4×5x =>x=16y/5 For B, 6x-5y=497 =>6×16y/5-5y=497 =>y=35 Cost of gift=4y+5y=9×35 =315

What do you think the chances are The President and Congress get rid of mortgage interest and property taxes being a deduction on federal income taxes?

Description : What do you think the chances are The President and Congress get rid of mortgage interest and property taxes being a deduction on federal income taxes?

Last Answer : From what I hear, it is Republicans who are talking about closing “loopholes” and capping deductions more than Democrats. But whether it, or anything will happen, I don’t know. And I doubt it could effect this year’s taxes anyway.

Did you know that the general deadline for filing your income taxes this year is April 18, 2011?

Description : Did you know that the general deadline for filing your income taxes this year is April 18, 2011?

Last Answer : I did my taxes early. Thank goodnessss.

Questions about my income taxes?

Description : Questions about my income taxes?

Last Answer : answer:With all the government shutdown talk last week maybe they were worried (some government sites were going to be closed) that it might not get processed with e-file. I would just spend the two minutes to call and ask in the morning.

Do you pay state income taxes or do they refund you like federal income taxes do?

Description : Do you pay state income taxes or do they refund you like federal income taxes do?

Last Answer : The last 4 years, I have had to pay the Feds, and got less money back from the State.

an increase in taxes on labor income shifts the labor supply curve ________ and the ________. -General Knowledge

Description : an increase in taxes on labor income shifts the labor supply curve ________ and the ________. -General Knowledge

Last Answer : B. Leftward; after-tax wage rate falls X.

What online personal income tax software for both federal and state taxes can you recommend?

Description : What online personal income tax software for both federal and state taxes can you recommend?

Last Answer : I recommend online personal income tax software for both federal and state taxes, as well as software to help you file an extension if you need it.cutt.ly/JjWSDSE

Which of the following is the highest income between direct and indirect taxes ?

Description : Which of the following is the highest income between direct and indirect taxes ?

Last Answer : Between direct and indirect taxes, more income is earned indirectly.

What Are the Taxpayer Income Taxes of Individual Taxpayers ?

Last Answer : The following are some of the areas of tax-free income of an individual taxpayer: (a) If a government-employed taxpayer receives a special allowance, benefit or perquisite for performing his job duties ; ( ... . It should be displayed in the tax-free income column in the 18th sequence of the return.

What types of taxes are levied under Income Tax Ordinance , 1984 ?

Last Answer : : Under the Income Tax Ordinance 1974, two types of taxes are levied: 1) Personal Income Tax 2) Corporate Income Tax

Do you pay higher taxes with a higher income?

Last Answer : but it is necessary to define what is meant by the word "income" higher taxable income = higher tax or tax base is the amount by which (total) income exceeds (demonstrable) expenses and deductions from ... -employed and companies can push the base to zero or to a loss, regardless of the total income

From the following information , compute `GNP_(MP) . GDP_(FC)` = ₹ 3, 000 . Net factor income to abroad = ₹ 200 . Indirect Taxes = ₹ 420 , Subsidies =

Description : From the following information , compute `GNP_(MP) . GDP_(FC)` = ₹ 3, 000 . Net factor income to abroad = ₹ 200 . Indirect Taxes = ₹ 420 , Subsidies =

Last Answer : From the following information , compute `GNP_(MP) . GDP_(FC)` = ₹ 3, 000 . Net factor income to abroad = ₹ ... A. 3380 B. 2, 980 C. 3020 D. 2, 620

If net national products is given at Market Prices , we `"____"` indirect taxes and `"________"` subsidies to get National income of the economy.

Description : If net national products is given at Market Prices , we `"____"` indirect taxes and `"________"` subsidies to get National income of the economy.

Last Answer : If net national products is given at Market Prices , we `"____"` indirect taxes and `"________"` ... Divide C. Subtract , Add D. Subtract , Divide

If economic subsidies are added to and indirect taxes are subtracted from the national income at market prices , then it will be equal to :

Description : If economic subsidies are added to and indirect taxes are subtracted from the national income at market prices , then it will be equal to :

Last Answer : If economic subsidies are added to and indirect taxes are subtracted from the national income at ... prices D. Gross domestic product at factor cost

How much taxes is paid on 16368 on social security income?

Description : How much taxes is paid on 16368 on social security income?

Last Answer : My aunt had 23,114 dollars of retirement and 16,368 dollars ofsocial security income.Her social security. Is taxable.How muchwould she have to pay in social security,dollar-wise?

What things dose the government collect income taxes?

Description : What things dose the government collect income taxes?

Last Answer : Why dose the government collect income taxes

Im on SSDI total income is 10,300.00 do I file taxes?

Description : Im on SSDI total income is 10,300.00 do I file taxes?

Last Answer : I'm on SSDI do I file taxes on $10,300.00 total income

I have Form 1099R in my posession, which Form do I need to file my information in order to receive my federal income taxes withheld?

Description : I have Form 1099R in my posession, which Form do I need to file my information in order to receive my federal income taxes withheld?

Last Answer : I have Form 1099R in my posession, which form o I need to file my information in order to receive my federal income taxes with held?

Will I be able to deduct a portion of my local property taxes from my NY state income tax?

Description : Will I be able to deduct a portion of my local property taxes from my NY state income tax?

Last Answer : No. However, you can deduct property taxes from your federal tax liability.

Does QuickBooks include a program for preparing and submitting an individual's income taxes?

Description : Does QuickBooks include a program for preparing and submitting an individual's income taxes?

Last Answer : QuickBooks does include a program for preparing income taxes for a company but not for individuals. Consider Tax Cut Pro for that capability.

I inherited an IRA from my mother who passed away last year. Do I have to pay taxes on the IRA Does it go directly on my Income Thanks.?

Description : I inherited an IRA from my mother who passed away last year. Do I have to pay taxes on the IRA Does it go directly on my Income Thanks.?

Last Answer : Yes, you will have to pay taxes. You can take the money lump sum and pay the taxes this year, or you can roll it over into an inherited IRA and pay the taxes as the money is distributed. You will be taxed at your normal marginal tax rate.

My ex wife owe over $20,000.00 in back taxes. Years owed 95,98,99, and 2000.I recently filed this missing years and now have a fairly accurate assessment of what we owe. Unable to pay without filing Chapter 7 or 13.Income is stretched to the limit. ?

Description : My ex wife owe over $20,000.00 in back taxes. Years owed 95,98,99, and 2000.I recently filed this missing years and now have a fairly accurate assessment of what we owe. Unable to pay without filing Chapter 7 or 13.Income is stretched to the limit. ?

Last Answer : If she is your ex-wife, you probably aren't liable for her back taxes. Usually, your legal separation agreement will stipulate that you are each responsible for your own taxes. If so, I would think you're off the hook for this.

How long do you have to file any back taxes that where 100.00 or less in total income?

Description : How long do you have to file any back taxes that where 100.00 or less in total income?

Last Answer : you don't have to file taxes if the total income was $100.00.

I'm 76 years old with only social security as income. Is there any breaks and/or assistance on my property taxes If so, how do I go about receiving it Thanks for any info.?

Description : I'm 76 years old with only social security as income. Is there any breaks and/or assistance on my property taxes If so, how do I go about receiving it Thanks for any info.?

Last Answer : I am not sure where you are located, but here in Florida we have a "Homestead Exemption" where you can reduce your property's appraisal by $25,000.00 thus saving on your property taxes ... this application reviewed however in extreame cases the application may turned in within the 30 day time frame.

In What Ways Are Taxes Unfair To The Middle Income Group Than The Low Income Group?

Description : In What Ways Are Taxes Unfair To The Middle Income Group Than The Low Income Group?

Last Answer : The middle income taxer pays for most of the programs and government offices. Lower tax brackets pay too, but at s lesser rate. The people who come out of the tax system the best are the wealthy. They only pay about 15% compared to the middle income earner who is paying 30-35% of their income.

Where do I find income tax return forms for my taxes?

Description : Where do I find income tax return forms for my taxes?

Last Answer : There are many places to find an income tax return form, You can do it online, it is now an option in this day and age. You need to ensure the information is up to date.

How much do I have to earn before I start paying federal income taxes?

Description : How much do I have to earn before I start paying federal income taxes?

Last Answer : If self-employment is your only income for the year, the filing threshold is $400 for the entire year. This figure is the total amount that you earned before your have deducted your business expenses. You will need to fill out Schedule C or C-EZ to document self-employment income and expenses.

What are deductions allowed when calculating federal income taxes?

Description : What are deductions allowed when calculating federal income taxes?

Last Answer : The deductions allowed whe calculating federal income taxes are as follow: Mortgage interest, charitable contributions, job expense, miscellanoous expense, medical expense in excess of 7.5 of income, and payment of state and local property taxes.

What happens if you don't pay your federal income taxes?

Description : What happens if you don't pay your federal income taxes?

Last Answer : If you don't pay federal income taxes, eventually you will eventually be investigated by the IRS. From there you will either have the money taken from you, your wages garnished or you may go to prison depending on the severity of the crime.

do retirees pay state income taxes in Alabama?

Description : do retirees pay state income taxes in Alabama?

Last Answer : No

Indian Accounting Standard – 28 is related to– (A) Accounting for taxes on income (B) Financial Reporting of Interests in Joint Venture (C) Impairment of Assets (D) Provisions, Contingent Liabilities and Contingent Assets

Description : Indian Accounting Standard – 28 is related to– (A) Accounting for taxes on income (B) Financial Reporting of Interests in Joint Venture (C) Impairment of Assets (D) Provisions, Contingent Liabilities and Contingent Assets

Last Answer : Answer: Impairment of Assets

Which one of the following taxes is collected and utilized by the State Governments? (1) Personal income tax (2) Corporation tax (3) Land revenue (4) Custom duties

Description : Which one of the following taxes is collected and utilized by the State Governments? (1) Personal income tax (2) Corporation tax (3) Land revenue (4) Custom duties

Last Answer : (3) Land revenue Explanation: The Constitution allocates the taxation of agricultural income to states. Lan revenue is a major source of revenue for states in India. For purpose of ... Commissioner, also known as Collector indicating his responsibility for the realization of all Government revenues.