answersLogoWhite

0


Best Answer

How much income tax do you have to pay on 12000? In: http://wiki.answers.com/Q/FAQ/2083, http://wiki.answers.com/Q/FAQ/3440[Edit categories]

Read more: How_much_income_tax_do_you_have_to_pay_on_12000

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How much income tax do you have to pay on 12000?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What income tax do you pay on 9600?

How much federal income tax is paid on $9600.00


How much tax do you pay on rental income?

First, you offset as much of the rental income as you can with deductions for interest, depreciation, utilities, etc. Whatever net income remains, you pay tax on as ordinary income (depending on your tax bracket).


If you won a trip in 2008 to Aruba the tax statement came back with the amount as 12000 dollars listed as other income so you were wondering how much roughly you can expect to pay in taxes on this?

It is like 12K of any income to you....basically you will pay at YOUR average rate, whatever that is.


How much will you pay in federal taxes?

If I retire and my income is $4500. a month, how much federal income tax will I pay?


If you give a gift of 12000 for tuition to a nondependent can you take the 12000 off of your gross income BEFORE you calculate your income taxes?

No...not deductible..if a dependent or not. It's a gift....as such, much morte than that and YOU could owe gift tax.


Does an adult daughter have to pay tax on a 12000 gift from her parent?

If it is a gift from you to her, and YOU paid for it, if a tax is applied, you will pay it.


Do the wealthy pay income tax?

The wealthy do pay income tax, and since the wealthy have more income, they must pay more money in income tax.


What is difference between tax free and taxable income?

You don't pay tax on the tax-free pay and you do pay tax on taxable income


Do professional punters pay income tax?

all people pay income tax.


How much income tax does an average American pay?

What answer? I see no answer here!


How much do you pay for tax for 3000 dollars income?

$600


Does president of India pays any income tax and if yes then how much income tax does she pays?

yes,he has to pay 30% of income tax ,, bhawna :P........ i m aayushi :P