$9,000 + $3,000 = $12,000
Exemption doesn't form part of total income while deduction form part of a total income.
http://wiki.answers.com/Q/What_is_Deduction_from_gross_total_income"
For taxpayer using the single filing status the 2009 exemption amount is 3650 and the standard deduction amount is 5750 for a total amount of 9350 free of federal income tax for the tax year 2009.
Page 2 line 71 of the 1040 income tax return TOTAL PAYMENTS 71 $$$$
The total of all of your GROSS WORLDWIDE INCOME would be your GROSS INCOME that will be reported on your 1040 federal income tax return. That is every amount that is income to you for the tax year.
Add all of your total worldwide income together on your 1040 income tax return. Then if you have any adjustments to income you subtract that amount from your total income to arrive at your adjusted gross income on your 1040 federal income tax return. From your AGI you would then subtract your standard deduction amount or if you use the schedule A itemized deduction form of the 1040 tax form the itemized deduction amount whichever amount would reduce your taxable income the most. After doing that you have determined your taxable income amount that you will use to determine your federal income tax liability amount on.
16. The Thurstons' total federal income tax withholding is $
Exemption doesn't form part of total income while deduction form part of a total income.
Because the other taxpayer on the MFJ income tax return had more income tax withheld from the pay than what the federal income tax liability was when the income tax return was completed.
http://wiki.answers.com/Q/What_is_Deduction_from_gross_total_income"
For taxpayer using the single filing status the 2009 exemption amount is 3650 and the standard deduction amount is 5750 for a total amount of 9350 free of federal income tax for the tax year 2009.
Your total amount of your all of your worldwide taxable income on your 1040 income tax return from all sources is the amount that will be used to determine your federal income liability for year after the income tax return is completed correctly.
Page 2 line 71 of the 1040 income tax return TOTAL PAYMENTS 71 $$$$
Full-year residents are required to file a Georgia income tax return if they are required to file a Federal income tax return, if they have income subject to Georgia income tax, or if their income exceeds Georgias standard deduction and personal exemptions.Part time legal resident of Georgia who are required to file a federal income tax return, are required to file a Georgia Form 500 Individual Income Tax Return. Page 4, Schedule 3 will help you calculate your Georgia Taxable income.Nonresidents who work in Georgia or get money from Georgia sources and who fiel a Federal Income tax return must file special paperwork (Georgia Form 500 Individual Income Tax Return). However if you are a legal resident of another state, you are not required to file a Georgia income tax return if you are only an employee of a Georgia for an employer and the money you receive for this is 5% or less of your total income.Military personnel are subject to income tax if they live in Georgia or have Georgia as their home of record, regardless of where they earn their income.See related links for the full text.
You will have to pay federal taxes on your Social Security benefits if you file a federaltax return as an individual and your total income is more than $25,000. If you file a joint return, you will have to pay taxes if you and your spouse have a total income of more than $32,000.
The total of all of your GROSS WORLDWIDE INCOME would be your GROSS INCOME that will be reported on your 1040 federal income tax return. That is every amount that is income to you for the tax year.
When your income tax return is completely correctly then you will know the amount of your federal income tax liability. This answer will only be known after you determine the amount of your gross income that will be taxable income to you on your income tax return. For an example if you are a qualifying dependent on another tax payer's income tax return and you have 951 of unearned income your federal income tax liability would be $1 in federal income taxes. Interest, dividends, capital gains, rental income, gambling winnings, etc. If you have 5700 of gross earned income wages, salaries, tips, etc. from an employer added to the 951 of unearned income on your 1040 income tax return then your federal income tax liability amount on your 1040 income tax return would be $96. If you are a self employed taxpayer and have a net profit of 500 from your schedule C-EZ and schedule SE added to the above amounts then your federal tax liability would be income tax $141 plus yourself employment tax of $70 for a total amount owed of $211 when your 1040 income tax return is completed correctly