How much do 2 people filing jointly have to make in order to pay fed tax?

How much do 2 people filing jointly have to make in order to pay fed tax?
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108,991.20 tax tables for filing jointly but at a higher single rate and married w/0 dependents?

Description : 108,991.20 tax tables for filing jointly but at a higher single rate and married w/0 dependents?

Last Answer : If my husband makes $75,000 in 2011 filing married and zero and I make $34,615 filing married but at a higher single rate and zero plus $25 will we owe taxes or get a refund?

what is the rule for receiving tax deductible for medicare paid in for retirees filing jointly, under $13,000?

Description : what is the rule for receiving tax deductible for medicare paid in for retirees filing jointly, under $13,000?

Last Answer : what is the rule for receiving tax deductible for medicare paid in for retirees filing jointly, under $13.000?

my wife has a catastrophic illness and has to draw upon her IRA. How will this affect our taxes filing jointly

Description : my wife has a catastrophic illness and has to draw upon her IRA. How will this affect our taxes filing jointly

Last Answer : You may be safe from paying a tax. People may need to tap into their individual retirement account before turning age fifty-nine and a half. Withdrawing money before that age subjects the funds to an ... Read more: http://taxes.about.com/b/2008/09/22/taking-early-distributions-from-an-ira.htm

The Pros and Cons of Married Filing Jointly?

Description : The Pros and Cons of Married Filing Jointly?

Last Answer : Married taxpayers have the option of submitting separate or joint tax returns. The married filing jointly option lowers your tax obligation more than filing separately. Your standard deductions for this ... for your spouse's taxes. It is generally more beneficial for taxpayers to file jointly.

Do I pay fed. tax on 170.00 a month life insurancepayment I pay if my retirement pays part of the total also?

Description : Do I pay fed. tax on 170.00 a month life insurancepayment I pay if my retirement pays part of the total also?

Last Answer : Need Answer

While auditing the financial statements of non-corporate enterprises, the auditor’s duties and scope of work would be governed by– (A) the statute passed by the Parliament (B) the Companies Act, 1956, and the client concerned jointly (C) the agreement with his client. (D) the provisions of the Income Tax Act, 1961

Description : While auditing the financial statements of non-corporate enterprises, the auditor's duties and scope of work would be governed by- (A) the statute passed by the Parliament (B) the Companies Act, 1956, and ... (C) the agreement with his client. (D) the provisions of the Income Tax Act, 1961

Last Answer : Answer: the agreement with his client.

Deepak, Ashwani and Tarun jointly promised to pay ` 90,000 to Pradeep. Deepak was compelled by Pradeep to pay the entire amount of ` 90,000. Here: A. Deepak can file a suit against Pradeep for recovery of amount exceeding his share. B. Deepak is entitled to recover ` 30,000 each from Ashwani and Tarun C. On payment by Deepak, the contract is discharged and Ashwani and Tarun are also not liable to Deepak. D. Pradeep is not justified here and is liable to refund the entire amount to Deepak.

Description : Deepak, Ashwani and Tarun jointly promised to pay ` 90,000 to Pradeep. Deepak was compelled by Pradeep to pay the entire amount of ` 90,000. Here: A. Deepak can file a suit against Pradeep for ... to Deepak. D. Pradeep is not justified here and is liable to refund the entire amount to Deepak.

Last Answer : B. Deepak is entitled to recover ` 30,000 each from Ashwani and Tarun

When filing your tax returns, can you designate a certain amount of your return to go to a second party, such as a lender?

Description : When filing your tax returns, can you designate a certain amount of your return to go to a second party, such as a lender?

Last Answer : answer:There are tax preparers that will give you a “tax refund” loan. But they will charge you a lot for the privilege of a short term loan. And you have to get your return done by them. Check with H&R Block if you can have it electronically deposited at a third party.

What are the requirements for filing income tax return ?

Last Answer : Income tax return is the means of presenting a brief statement of the taxpayer's annual income to the income tax authority . Taxpayer's annual income-expenditure and assets and liability ... the stipulated time , the concerned taxpayer will be penalized by the Deputy Commissioner of Taxes.

What is the penalty for not filing my tax return?

Description : Is there any penalty at all for this?

Last Answer : Yes! There is a HUF 500,000 penalty if you do not submit it, or if you submit it after the penalty has been imposed, you will still have to pay!

What are the procedures for filing back tax returns?

Description : What are the procedures for filing back tax returns?

Last Answer : Filing your taxes is something that everyone has to do on a yearly basis. To file these back returns it is highly suggested to go to a tax preparer, but one can file themselves by requesting the back tax filing paperwork from the IRS.

What are some small business tax information a business owner should know before filing?

Description : What are some small business tax information a business owner should know before filing?

Last Answer : You can go to the following website to find all of the tax information you need to know for a small business: http://www.irs.gov/businesses/small/. They have a lot of useful information.

How long is the average time after filing your income tax return that you will receive your refund?

Description : How long is the average time after filing your income tax return that you will receive your refund?

Last Answer : You can usually expect to get your tax return refund 21 days or more from the filing date depending on how you file.

Is there free tax return filing online?

Description : Is there free tax return filing online?

Last Answer : Many websites offer free tax return services. The most accredited are TurboTax, and H&R Block.

Is there an official government website that lists free tax filing companies?

Description : Is there an official government website that lists free tax filing companies?

Last Answer : Yes, the IRS.gov/freefile website is an official Internal Revenue Service (IRS) website that has a list of free tax filing companies. Many of these free tax filing companies may have restrictions on income and other factors.

Other than Turbo Tax what other IRS free tax filing services or software is there?

Description : Other than Turbo Tax what other IRS free tax filing services or software is there?

Last Answer : Other popular websites include TaxAct.com, HRBlock.com, FreeTaxUSA.com and many others. The IRS.gov/freefile website has a list of companies that offer free tax filing. There may be income and other restrictions as well as costs for state tax filings.

How reliable is LLC Tax Software for all my tax filing needs?

Description : How reliable is LLC Tax Software for all my tax filing needs?

Last Answer : I would be more likely to trust a popular tax software such as Turbo Tax. Their software is cheap and reliable and will give you step by step instructions for filing your taxes.

How can I do electronic tax filing?

Description : How can I do electronic tax filing?

Last Answer : Turbotax is a great resource for people wanting to electronically file. They have an easy to use interface that walks you through the tax filing process step by step.

I want to file my taxes on my computer this year. Is there any tax filing software for free Or hardly any cost?

Description : I want to file my taxes on my computer this year. Is there any tax filing software for free Or hardly any cost?

Last Answer : You can file your own taxes online using H&R Block's software, TurboTax's software and man others and save over $100-$200 on your tax returns. Prices may vary upon the required tax documents

What are some free income tax filing advice?

Description : What are some free income tax filing advice?

Last Answer : Tax Act is a website that will help process your federal tax return for free. However, there is a $10 charge for the state tax return. You will have to print and file the returns yourself.

How hard is it to get an extension for tax filing?

Description : How hard is it to get an extension for tax filing?

Last Answer : It is very hard to get an extension for tax filing. You will have to have a very good reason as to why you would like an extension on filing for tax payments.

Does starting a new business help you with your tax refund when filing taxes.?

Description : Does starting a new business help you with your tax refund when filing taxes.?

Last Answer : My best suggestion is to inform yourself with information from different resources concerning what starting a new business will do for your taxes. But to directly answer your question then yes, it will ... small business owner. Here is their website to learn about it. www.irs.gov/businesses/small/

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.

Is it legal to deduct med. insurance premiums on Fed or state tax returns?

Description : Is it legal to deduct med. insurance premiums on Fed or state tax returns?

Last Answer : I'm not an accountant, but I do believe you can deduct your med premiums up to the limit of your percentage of adjusted gross income

How can I get my fed tax refund quickly?

Description : How can I get my fed tax refund quickly?

Last Answer : I believe that the IRS has specific dates called the IRS Tax Refund dates for your federal IRS tax refund money. On the other hand, if you file your taxes electronically, you can receive your tax refund in as little as 10 days after filing electronically, according to the IRS.

Where can I learn about a fed tax refund?

Description : Where can I learn about a fed tax refund?

Last Answer : A Federal Tax Refund is when the government refunds you the extra money you paid for your tax. You can easily get someone to help you do it, or you can use TurboTax (online) to help you get your refund.

You are the project manager for a cable service provider. Your team members are amiable with each other and are careful to make project decisions jointly. Which of the following statements is true? A. They are in the smoothing stage of Develop Project Team. B. They are in the norming stage of Develop Project Team. C. They are in the forming stage of Develop Project Team. D. They are in the forcing stage of Develop Project Team.

Description : You are the project manager for a cable service provider. Your team members are  amiable with each other and are careful to make project decisions jointly. Which of the  following statements is true?  ... stage of Develop Project Team. D. They are in the forcing stage of Develop Project Team.

Last Answer : B. They are in the norming stage of Develop Project Team.

Match the following: A. Industries owned by individuals 1. Public Sector B. Industries owned by the state 2. Cooperative Sector C. Industries owned jointly by individuals and state 3. Joint Sector D. Industries run by a group of people 4. Private sector A B C D (a) 4 1 3 2 (b) 3 2 1 4 (c) 1 2 3 4 (d) 2 4 3 1

Description : Match the following: A. Industries owned by individuals 1. Public Sector B. Industries owned by the state 2. Cooperative Sector C. Industries owned jointly by individuals and state 3. Joint Sector D. Industries run by a group of people 4. Private ... a) 4 1 3 2 (b) 3 2 1 4 (c) 1 2 3 4 (d) 2 4 3 1

Last Answer : Ans: (a)

My wife had a business last year. Should we still file our taxes jointly?

Description : My wife had a business last year. Should we still file our taxes jointly?

Last Answer : answer:How was the business organized? Did she draw a salary? The business may have to file its own return. I would bite the bullet and get professional help.

My soon to be exhusband wants me to file taxes jointly. Will I be responsible for his debt?

Description : My soon to be exhusband wants me to file taxes jointly. Will I be responsible for his debt?

Last Answer : Not trying to “pass the buck,” but you REALLY need to consult with a CPA regarding all such tax questions, because I don’t feel that you can get a definitive answer here, without a bunch of highly personal questions being asked of you.

Can my business expenses be written off against my wife's income since we file jointly?

Description : Can my business expenses be written off against my wife's income since we file jointly?

Last Answer : answer:I am not strictly a tax practitioner or expert and this is sketchy advice, however, your business income and expenses go on the schedule C and pass through to the 1040 form, it ... is not intended as legal advice and you should consult a qualified tax practitioner for a definitive answer.

Can your husband use your jointly owned property as collateral?

Description : Can your husband use your jointly owned property as collateral?

Last Answer : What is the answer ?

In a business, raw materials, components, work in progress and finished goods are jointly regarded as - (1) capital stock (2) inventory (3) investment (4) net worth

Description : In a business, raw materials, components, work in progress and finished goods are jointly regarded as - (1) capital stock (2) inventory (3) investment (4) net worth

Last Answer : (2) inventory Explanation: Inventory refers to raw materials, work-in-process goods and completely finished goods that are considered to be the portion of a business's assets that are ... of the primary sources of revenue generation and subsequent earnings for the company's shareholders/owners.

B) CaixaBank Explanation: As per the agreement, they will expand banks‘ guarantee transaction businesses by jointly providing credit to Indian-Spanish joint ventures and Indian local enterprises The banks will collaborate in areas of mutual interest such as syndicated loan business, guarantee transactions, trade finance and export credit agency finance, infrastructure finance and networking services, among others.

Description : B) CaixaBank Explanation: As per the agreement, they will expand banks guarantee transaction businesses by jointly providing credit to Indian-Spanish joint ventures and Indian local ... finance and export credit agency finance, infrastructure finance and networking services, among others.

Last Answer : Recently an Indian bank launched next generation features on its app „iMobile‟ which will enable customers to instantly pay taxes and book railway tickets within the app. Name the bank. A) Federal Bank B) Punjab National Bank C) Kotak Mahindra Bank D) ICICI Bank E) Bandhan Bank

The State bank of India and America‟s which financial company have jointly launched a distribution alliance with travel prepaid cards distributor Centrum? A) Visa B) American Express C) Capital One D) MasterCard E) Amex

Description : The State bank of India and America‟s which financial company have jointly launched a distribution alliance with travel prepaid cards distributor Centrum? A) Visa B) American Express C) Capital One D) MasterCard E) Amex

Last Answer : D) MasterCard Explanation: India s largest bank, State Bank of India (SBI) and MasterCard announced pilot launch of a distribution alliance with travel prepaid cards distributor Centrum. This ... for it s multicurrency prepaid card and will largely target the corporate customers of the bank.

The 2018 Nobel Prize in Physiology or Medicine has been awarded jointly to James P Allison and Tasuku Honjo for their discovery of which cancer? A. Chemotherapy B. Radiation C. Surgery D. Immunotherapy (Answer)

Description : The 2018 Nobel Prize in Physiology or Medicine has been awarded jointly to James P Allison and Tasuku Honjo for their discovery of which cancer? A. Chemotherapy B. Radiation C. Surgery D. Immunotherapy (Answer)

Last Answer : D. Immunotherapy (Answer)

Whoever, being a public servant, and being legally bound as such public servant, not to purchase or bid for certain property, purchases or bids for that property, either in his own name or in the name of another, or jointly, or in shares with others, shall be punished with a) Simple imprisonment for a term which may be extend 1 year or with fine or both b) Simple imprisonment for a term which may be extend 2 year or with fine or both c) Simple imprisonment for a term which may be extend 3 year or with fine or both d) None of these

Description : Whoever, being a public servant, and being legally bound as such public servant,  not to purchase or bid for certain property, purchases or bids for that property, either in  his own name or in the name ... imprisonment for a term which may be extend 3 year or with fine or both  d) None of these

Last Answer : b) Simple imprisonment for a term which may be extend 2 year or with fine or both

Mark the correct option a) NSC can be purchased by jointly or single b) No maximum limit for purchasing NSC c) NSC VIII available in min Rs 100 den d) All the above

Description : Mark the correct option a) NSC can be purchased by jointly or single b) No maximum limit for purchasing NSC  c) NSC VIII available in min Rs 100 den d) All the above

Last Answer : d) All the above

A depositor may operate a senior citizen account a) More than one account in individual capacity or jointly with spouse b) Only one account single another one with spouse c) Only one single account and more than one joint account d) None of these

Description : A depositor may operate a senior citizen account a) More than one account in individual capacity or jointly with spouse b) Only one account single another one with spouse c) Only one single account and more than one joint account d) None of these

Last Answer : a) More than one account in individual capacity or jointly with spouse

A and B started a business jointly. A’s investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B received Rs.4000 as profit, then their total profit is : a) Rs.16,000 b) Rs.20,000 c) Rs.24,000 d) Rs.28,000 e) None of these

Description : A and B started a business jointly. A’s investment was thrice the investment of B and the period of his investment was two times the period of investment of B. If B received Rs.4000 as profit, then their total profit is : a) Rs.16,000 b) Rs.20,000 c) Rs.24,000 d) Rs.28,000 e) None of these

Last Answer : Suppose B invested Rs. x for y months. Then, A invested Rs.3x for 2y months. So, A : B = (3x × 2y) : (x × y) = 6xy : xy = 6 : 1 So, B’s profit : total profit = 1 : 7 Let the total profit be Rs. x. Then, 1 / 7 = 40000 / x Or x = 28000. Answer: d)

____ Card issued jointly by a member bank, and non-finance organization.(a) co branded b) budget c) Smart)

Description : ____ Card issued jointly by a member bank, and non-finance organization.(a) co branded b) budget c) Smart)

Last Answer : (a) co branded

During the 1970s, the European Union, in its quest for monetary union, adopted what came to be referred to as the “Community Snake” This device was a (an): A. Adjustable pegged exchange rate system B. Dual exchange rate system C. Jointly floating exchange rate system D. Freely floating exchange rate system

Description : During the 1970s, the European Union, in its quest for monetary union, adopted what came to be referred to as the Community Snake This device was a (an): A. Adjustable pegged ... Dual exchange rate system C. Jointly floating exchange rate system D. Freely floating exchange rate system

Last Answer : C. Jointly floating exchange rate system

Under the training method, both the technical institutes and business organizations jointly impart training to their members? a. Inductions Training b. Apprenticeship Training c. Vestibule Training d. Internship Training

Description : Under the training method, both the technical institutes and business organizations jointly impart training to their members? a. Inductions Training b. Apprenticeship Training c. Vestibule Training d. Internship Training

Last Answer : d. Internship Training

Given below are two premises and four conclusions drawn from those premises. Select the code that expresses conclusion drawn validly from the premises (separately or jointly). Premises: (a) All dogs are mammals. (b) No cats are dogs. Conclusions: (i) No cats are mammals (ii) Some cats are mammals. (iii) No Dogs are cats (iv) No dogs are non-mammals. Codes: (A) (i) only (B) (i) and (ii) (C) (iii) and (iv) (D) (ii) and (iii)

Description : Given below are two premises and four conclusions drawn from those premises. Select the code that expresses conclusion drawn validly from the premises (separately or jointly). Premises: (a) All dogs are mammals. (b) No cats are ... ) (i) and (ii) (C) (iii) and (iv) (D) (ii) and (iii)

Last Answer : Answer: C

In a business, raw materials, components, work in progress and finished goods are jointly regarded as (1) capital stock (2)inventory (3) investment (4)net worth

Description : In a business, raw materials, components, work in progress and finished goods are jointly regarded as (1) capital stock (2)inventory (3) investment (4)net worth

Last Answer : inventory

Hanisha can do a work in 25 days, while sudha can do the same work in 50 days. They started the work jointly.Few days sughana also joined them and thus all of them completed the whole work in 12 days. All of them were paid total Rs.900. What is the Share of sughana? a) 252 b) 346 c) 454 d).359

Description : Hanisha can do a work in 25 days, while sudha can do the same work in 50 days. They started the work jointly.Few days sughana also joined them and thus all of them completed the whole work in 12 days. All of them were paid total Rs.900. What is the Share of sughana? a) 252 b) 346 c) 454 d).359

Last Answer : A Efficiency of Hanisha = 1/100*25 =25/100=1/4=>4% Efficiency of sudha = 2% Thus, in 12 days working together they will complete only 72% of the work. [(4+2)*12] =72 Hence, the remaining work will ... which is =(100-72)=28% Thus, sughana will get 28% of Rs. 900, =28/100*900 which is Rs.252

P, Q and R jointly thought of engaging themselves in a business venture. It was agreed that P would invest Rs. 3250 for 6 months, Q, Rs. 4200 for 5 months and R, Rs. 5,000 for 3 months. P wants to be the working member for which, he was to receive 10% of the profits. The profit earned was Rs. 3700. Calculate the share of Q in the profit. A) Rs. 1800 B) Rs. 1260 C) Rs. 1580 D) Rs. 1940

Description : P, Q and R jointly thought of engaging themselves in a business venture. It was agreed that P would invest Rs. 3250 for 6 months, Q, Rs. 4200 for 5 months and R, Rs. 5,000 for 3 months. P wants to be the ... Calculate the share of Q in the profit. A) Rs. 1800 B) Rs. 1260 C) Rs. 1580 D) Rs. 1940

Last Answer : Answer: B) For managing, P received = 10% of Rs. 3700 = Rs. 370. Balance = Rs. (3700 - 370) = Rs. 3330. Ratio of their investments = (3250 x 6) : (4200 x 5) : (5000 x 3)  = 19500 : 21000 : 15000  = 13 : 14 : 10 Q's share = Rs. 3330x 14 / 37 = Rs. 1260

X, Y, Z jointly engaged in a business. It was agreed that X would invest Rs. 14500 for 4 months,Y Rs 19000 for 7 months and Z Rs 25000 for 6 months. X wants to be a working partner and he was to receive 14% of the profit and total profit earned by X was Rs 43929. Calculate share of Z A) 55750 B) 58472 C) 67500 D) 65250

Description : X, Y, Z jointly engaged in a business. It was agreed that X would invest Rs. 14500 for 4 months,Y Rs 19000 for 7 months and Z Rs 25000 for 6 months. X wants to be a working partner and he was to ... and total profit earned by X was Rs 43929. Calculate share of Z A) 55750 B) 58472 C) 67500 D) 65250

Last Answer : Answer: C)  Ratio of X, Y, Z profit is 14500*4:19000*7:25000*6=58:133:150  Total profit be' a'  X receives 14% of a as profit for active partner  Remaining profit=86% of a  X's total profit=[86/ ... 341]+14/100*a=43929  9762/34100*a=43929 => a= Rs.153450  Share of Z =153450/341*150 =Rs 67500

A second order liquid phase reaction, A → B, is carried out in a mixed flow reactor operated in semi batch mode (no exit stream). The reactant A at concentration CAF is fed to the reactor at a volumetric flow rate of F. The volume of the reacting mixture is V and the density of the liquid mixture is constant. The mass balance for A is (A) d(VCA )/dt = -F (CAF - CA ) - kCA 2V (B) d(VCA )/dt = F (CAF - CA ) - kCA 2V (C) d(VCA )/dt = -FCA - kCA 2V (D) d(VCA )/dt = FCAF - kCA 2V

Description : A second order liquid phase reaction, A → B, is carried out in a mixed flow reactor operated in semi batch mode (no exit stream). The reactant A at concentration CAF is fed to the reactor at a volumetric flow rate of F. The volume ... 2V (C) d(VCA )/dt = -FCA - kCA 2V (D) d(VCA )/dt = FCAF - kCA 2V

Last Answer : (D) d(VCA )/dt = FCAF - kCA 2V