# How much federal income tax will you pay if you make 150000 and file married with 5 dependents?

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If your taxable income is at least \$100,000, you generally have to figure your taxes using a Tax Computation Worksheet instead of the Tax Tables. Your \$150,000 gross income is reduced by standard deduction of \$10,900 in 2008 (\$11,400 in 2009) and personal/dependent exemptions of \$24,500 (\$25,550 in 2009) to taxable income of \$114,600 (\$138,600 in 2009).

Then go to Section B Married Filing Jointly/Qualifying Widow(er) for the Rate, which is 25 percent (.25), minus the Subtraction Amount of \$7,313 (\$7,625 in 2009). The result is your tax of \$21,337 (\$20,638 in 2009).

Your tax is reduced by any income tax that was withheld. Also, if you itemized instead of taking the standard deduction, your taxable income would be lower, which then lowers your tax.
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# How do you file income tax with your child as a dependent?

On the form you list your dependents and their SS#, where asked.

# When can you stop filing federal income tax?

Age or number of times one has filed is not a consideration at all.

# If you file three dependents on income tax how much money are you eligible to get for each dependent?

The "standard deduction" is \$5150 per person. That is the amount you reduce taxable income by...the amount that saves you depends on your own personal tax situation and rate y

# How much federal income tax will you pay if you make 37000 with no dependents?

Much more goes into the determination. See, that's why there are all those companies and software sellers with programs, etc, etc that do this for people exist... Virtually no

# How much income do you need to make to file taxes?

And the question is well asked by addressing income. Income, from many and virtually any source is what determines if a tax return is required. NOT age, if you worked, if you

# How much do you have to make to be required to file income tax returns?

Generally, you're required to file tax returns if, for your filing status, your income is above a particular level. For 2009, if Single under 65, you have to file when your in

# How much do you have to make to file a federal tax return?

Generally, Single under age 65 must file when your gross income is at least \$8,950 for 2008 (\$9,350 for 2009). Married Filing Jointly under age 65 must file when your gross in

# How much federal and California state tax to pay filing jointly income 91000?

You are the only one that has all of the necessary information that will have to be reported on your 1040 FEDERAL income tax return for the year in order to do the calculation

# If a child is claimed as a dependent how much can he earn before he is required to file a federal income tax form?

Assuming this child is unmarried, under 65, and can be claimed as a dependent on someone else's income tax return (for example, his parents' income tax return), a federal retu

# When does a married couple over 65 have to file a federal income tax form?

See Tables 1, 2. and 3 on pages 2, 3, and 4 of Publication 501: http://www.irs.gov/pub/irs-pdf/p501.pdf

# How much federal tax you have to pay in FL for 82000 income?

You are the only one that has all of the necessary information that will have to be reported on your 1040 FEDERAL income tax return for the year in order to do the calculation

# How much income do you have to earn before you pay federal income tax?

> Self-employed, any age: \$400 Children and Teens classified as a dependent: \$5,700 Single, under 65: \$9,350 Single, over 65: \$10,750 Married, filing jointly, b

# How much income does a student have to make to have to file a tax return?

Students are not exempt from filing whether or not they can be claimed as a dependent mon their parents' or anyone else's tax return. The requirement for a dependent can be fo

# 150000 if the sales tax is 5 percent what will be the total to pay?

150,000 x 1.05 = 157,500

# When do you have to start filing federal income tax?

For tax year 2009 tax return that you will file in the year of 2010. Generally a person who is self-employed must file a tax return if their net earnings from self employment

# How much do you have to make to file earned income credit on your taxes?

From \$1 to \$50 of qualified earned income that you worked for. Go to www.irs.gov and use the search box for EITC

# Do you have to file federal income tax?

You would be the only one that will have all of the necessary information to determine this answer. A self employed taxpayer would be required to file an income tax return i