Use this Personal Allowance Table to calculate State Income Tax. Single $3,000 Married $6,000 Each Dependent $1,500
Federal Income Tax refers is the first personal income tax on August 5, 1861 imposed by the US government. It has 7 tax rates ranging from 10 percent to 37 percent. It is the primary source of revenue and can take on many forms on salaries, rent, royalties, interest dividends, business earnings and lottery winnings.
In the US , a tax on worker's salaries which is paid to the government of the State. It is a direct tax levied by the state on anyone's income. It is a State Income Tax.
Social Security is a term used for the Old Age, Survivors and Disability Insurance Program in the United States run by the Social Security Administration which is a Federal Agency.
Medicare is the federal health insurance program for following people:
- People who are 65 or older
- Younger People with disabilities
- People with End Stage Renal Disease
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