Question

 What is the U.S. Federal income tax?

Answer The U.S. Federal income tax, including payroll, personal and corporate taxes, provides the largest source of operating funds for the federal government. The personal income tax is the largest reven... Read More »
http://www.answerbag.com/q_view/1868829

Top Q&A For: What is the U.S. Federal income tax

What is the minimum amount of income needed to pay federal income tax?

The minimum amount of money needed to pay income taxes depends on filing status. As of 2009, those who are single need to make more than $9,350 in order to pay. If filing as a head of household, th... Read More »
http://www.answerbag.com/q_view/2249587

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

Is Inheritance money to be reported on federal income tax as income?

It is possible to have some taxable income from an inheritance the source and the type of income that is inherited is what will determine this. Inherited pension or IRA. If you inherited a pension... Read More »
http://wiki.answers.com/Q/Is_Inheritance_money_to_be_reported_on_federal_income_tax_as_...

Do senators pay income tax on their federal income?

yes they do == ans ==So does the President, and the VP and in fact, by just reading the news you can see that most any public figure of this type both has to divulge lots of financial info, and has... Read More »
http://wiki.answers.com/Q/Do_senators_pay_income_tax_on_their_federal_income


feedback
loading