How much tax in dollars is due on a taxable income of $5,800?
If your taxable income is from $4,000-$7,499,your tax is 5% of any amount above $4,500.
Public Comments
- It would depend on how many deductions you have.
- Just check the tax tables in the back of the booklet for your tax form.
- 5% of 1300 is $65, if thats what your asking. I'm guessing, though, that you paid taxes in each paycheck, so you'll probably get a return.
- Most likely you will be getting money back even if you didn't pay any taxes. You should qualify for EIC. Unless of course you are someone elses dependent.
- Sounds like math homework, veiled as a tax question. There is a homework area; they may be willing to help.
Powered by Yahoo! Answers