Question

 Are commissions taxable for federal income taxes?

Answer Commissions, or income earned based off a percentage of sales or fixed fee per sale, are considered taxable income by the IRS. Consult a tax professional if you have specific questions about your i... Read More »
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Top Q&A For: Are commissions taxable for federal income taxes

What income bracket pays federal income taxes?

All income brackets have people who have federal tax obligations, however, the amount of people who owe any taxes drops precipitously as income levels falls. According to the Tax Policy Center, onl... Read More »
http://www.answerbag.com/q_view/2067398

Can You File State Income Taxes Before Federal Taxes?

Although you do not have to file your federal return first, many states' tax returns require information from your federal return. This means you will have to complete your federal return before yo... Read More »
http://www.answerbag.com/q_view/2124787

Is New Jersey state disability taxable on federal income tax?

Yes and no, according to the New Jersey Department of Labor and Workforce Development. The employer-paid part of disability benefits are taxable at the federal level, but not the part paid by the s... Read More »
http://www.answerbag.com/q_view/2253636

Is unemployment compensation taxable on Pennsylvania income taxes?

According to the Pennsylvania Department of Labor, unemployment is only taxed on a federal level and not on the state level. It furthers says that Public Law 111-5 makes only amounts over the firs... Read More »
http://www.answerbag.com/q_view/2209737


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