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Where Can I Calculate My 2015 Tax Refund Is There A 2015 Tax Calculator Online I Don

How do I calculate az income tax withholding percentage?

You are right.  If you don't know where you want to end up, it can be very hard to figure out how to get there. Arizona Department of Revenue tries to be helpful on the Form A-4. On Page 2 of the online  A-4  they have a calculator to help you. But when you get to Line 4 - your annual withholding goal - you have no idea what to enter.  So the rest of this calculator is worthless.  What should your goal be?Page on az.govAt this point you have to go the the AZ Form 140 Instructions.  On pages 27 - 32 of the instructions are Optional Tax Tables for people making under $50,000 per year.  On page 33 are Tax Tables X & Y for people making over $50,000 per year. Page on azdor.gov Now we can figure out this problem and find your goal. I will assume you are single making $36,000 per year.  Looking at the optional table on page 31 your tax would be $1,061.  So 1,061/36,000 = 2.95%.  The A-4 gives you the options of 2.7% or 3.6%.  At 2.7% you would owe $89 on April 15.  Not fun but not terrible. At 3.6% you would get a refund of $235.  That money might have come in handy during the year, but it is usually fun to get a refund.  If you make over $50,000 you have to go to Page 33 and work through the calculations.This being your first year, you will only make part of your annual wages/salary.  So you can go with the lower percentage and then at the start of next year give the Payroll Administrator a new A-4 at a higher percentage. So with 2 months left in the year, your salary for 2015 will be $6,000.  Looking at the Optional Table on Page 28, the tax on $6,000 is $156.  So $156/$6,000 = 2.6% so check Box 2 on Page 1 of the A-4 and select 2.7%. Hope this helps.ps.  If you don't like math, just use the Goldilocks method.  Not too much and not too little. Pick the one in the middle and hope for the best.  This would have given you 2.7% or 3.6% which is what our calculations confirmed.  :)

How is Income tax calculated in India, when I have multiple incomes?

A person can ideally have seven streams of income. These include - earned income (this is the money you earn while investing time say in a job), profit income (this is income generated by selling off something), interest income (this is income you accumulate when you lend money to someone), dividend income (this is the income you gain from invested shares in a company), capital gains (this is the income gained from the rising value of your shares), royalty income (this is the income you earn when you allow someone to use your intellectual property, processes or products).It is understood that tax rules from various sources are computed differently. They must be mentioned under ‘income from other sources’. The income is then computed taking into account - the income type, the income source, amount of income received was it received. I suggest you use the Income Tax Calculator available online to compute taxes on your total income.In the event, when an excess tax is being filed you can always receive a refund for the same by submitting forms as per your tax slabs such as Income Tax Slabs 2017-2018, Income Tax Refund, Income Tax Return.Moreover, you can easily file your income tax return online[1]. The process requires your PAN card where you can view your tax credit statement or Form 26AS. In addition, the amount on your TDS certificate must tally with the figures in Form 26AS.The tax deductions help you minimize the overall tax that you are liable to pay on your total income. You can easily claim a tax deduction on the money you spend on medical expenses, tuition fees, and charitable contributions. Besides, there are certain investments which also help you bring down the overall tax that is to be paid. These investments include health insurance plans, life insurance plans, retirement savings schemes, national savings schemes, and so on.Footnotes[1] 5 things to keep in mind when filing your Income Tax returns

Can someone explain a tax refund to me.?

Ok im 20 and i just landed my first job, there seem to be all these fees taken out from my paycheck as can be seen below.

Gross Pay $501.25

Federal Income Tax -$59.78
Social Security Tax -$31.07
Medicare Tax -$7.27
NJ State Income Tax -$8.10
NJ SUI/SDI Tax -$3.54

my take home is $391.49 :(


How can i know how much i will get back at tax time ? do they just refund all the federal income tax that they collected or what ? How do they do it ? i just want to know how to calculate it and have an idea of how much i will be getting back.


i am single with no kids.

How much personal income tax would you pay in total in San Francisco, California, if you had $80,000 in salary?

Simplest case for a single person, no kids, assumes you use the Standard Deduction. If you pay enough mortgage interest, give a lot to charity, etc. - meaning, if you itemize deductions - answer could be completely different. Ditto if you have any pre-tax deductions like a 401(k) or health insurance.For tax year 2015:The full $80k isn't hit with federal income tax, because you have a $4,000 exemption and can use the standard deduction of $6,300. That leaves $69,700 in taxable income. CA is a little different but same concept.Federal income tax - $13,219California state income tax - $4,470Total income tax: $17,689 - 22% of gross incomeSalary is earned income, which is hit with payroll taxes of 6.2% for Social Security (on the first $118,500 in earned income) and 1.45% for Medicare (on all earned income). Your employer also pays these same amounts but you don't see that. CA has you contribute to its disability insurance program via a 0.9% tax (on the first $104,378 in wages). These aren't technically income taxes to tax pros. To normal people they are though, so that's another $4,960 for SS, $1,160 for Medicare and $720 CA-SDI if it's a job subject to SDI as most are.Total income-related taxes: $24,529 - 31% of gross incomeAbove numbers produced using fancy tax software, but they have no relevance to any real human being. Many people have pre-tax deductions on their paychecks for things like a 401(k) or health insurance, lowering the tax bill.Oh - keep in mind that your paychecks might show numbers that don't add up to this, for income taxes anyway. Income taxes withheld and income taxes actually due are two different concepts and they rarely match up exactly. The gap is what leads to balances due, and refunds, when you file your income tax return.

How much salary is needed to be eligible for tax paying in India?

Let me split this question into 3 parts and try to answer your question in simple terms.1. How much is tax rate ?So what does that say take for example your are 25 years and getting income of 3,60,000 annually . Upto 2,00,000/- of income from salary you need not pay any tax, if your income is between 2 Lakh to 5 Lakh you have to pay 10% of your income as tax.2. What is TDS?Tax Deducted at Source(TDS) is one of the modes of collection of taxes, by which a certain percentage of amounts are deducted by a person at the time of making payment and deducted amount is remitted to the Government account. This ensures regular inflow of cash resources to the Government. It acts as a powerful instrument to prevent tax evasion as well as expands the tax net.Being said this your employer will deduct a certain percentage of your salary and remit it to the government. The rate will be based on the quantum of salary provided to you as shown in the image.3. How much tax you have to pay for 30,000/- monthly income?As per current tax scheme if the income is below 5,00,000/- the government is giving a rebate of 2,000/- taking the above example you have to pay only 14,000/-.Further, there are few more points that are need to be taken care off, but i don't want to make it complicated and confusing to you.

Do I need to pay due income tax before or after e-filing in India?

Yes. You need to pay the tax payable amount using Challan 280. You should pay your all your tax due before submitting the income tax return form. If you pay less than what you should pay as per your computation of tax before filing Return , your return may be treated as defective return as per Section 139(9).while paying challan 280For Assessment Year fill in appropriate Assessment Year For ex: Assessment Year is 2016-17. For filing returns for income earned in 1 Apr 2015 -31 Mar 2016For Tax applicable fill in Select 0021 : INCOME-TAX (OTHER THAN COMPANIES)For Type of payment Select 300 for SELF ASSESSMENT TAXAfter paying it go to Tab TDS and mention the payment details(Seven digit BSR code of the bank branch, Date of Deposit (DD/MM/Year) of tax, Serial Number of Challan) in Advance Tax and Self Assessment Tax as explained in our article, Fill Excel ITR1: 80G, Exempt Income,Calculation of Tax.

Help filling out Federal W-4 form!?

I would suggest using the below enclosed information for this purpose.
W-4 Employee's Withholding Allowance Certificate

http://www.irs.gov/pub/irs-pdf/fw4.pdf?p...

Very simple and easy fill in the W-4 correctly and completely and just claim Single and -0- ZERO Allowances and then sign the completed W-4 form and give it to you employer at that time for the purpose of your federal income tax withholding amounts if any would be required to be withheld depending on the amount of your GROSS income for each pay period at that time.
And then if they should withhold any amount of $$ out for the FIT amount as an estimated advance payment of any possible income tax liability that you might have when you correctly complete your 1040 income tax return during the 2013 income tax filing season and you receive your W-2 form from your employer around the middle of January 2013 and if you have a $$ amount in the Box 2 for FIT you will get a credit for that $$ amount on your 1040 income tax return and might qualify to get some are all of the withheld amount back as a REFUND amount when you correctly complete your 1040 income tax return print a copy for your records and sign the copy to send to the correct IRS address for processing during the 2013 tax fining season.
Hope that you find the above enclosed information useful. 07/08/2012

How can I estimate my 2016 taxes in the US?

There are software packages out there that will do this for you.  BNA has a product that runs about $1,000 +/-.  There are many assumptions that need to be built into any such modeling.   NOT really practical for a layman.  Suggest that you contact a CPA to perform such an analysis.  Expect to pay at least $500 to $1,000 for such an analysis.

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