how much is the tax on five hundred dollars?

Answer 1

Income tax? Depends on how much you made. If you only earned $500 during the year, then nothing. After you cross some minimum threshold at several thousand dollars, you start paying taxes.

Answer 2

Five Hundred Dollars

Answer 3

Usually tax is 6% of the total (500$ in your case) so 500 x .06 is 30 dollars. So it would be 30 dollars tax.

Answer 4

Depends on the tax rate for your state, for instance in New Jersey its now 7% so the math would be $500 - 7% which works out at roughly $35, the question wasn't that clear though.

Answer 5

are you asking approximately 25 hundred or $25,000? there's a difference. For taxes, do no longer difficulty approximately it. interior the noticeably unlikely adventure which you win the lottery, the lotto officers will cope with all the tax mess for you. i think of it relatively is 33% besides the undeniable fact that it varies by utilising state.

Answer 6

income tax is 33% or $165

sales tax is different for state to state 7 to 8% would be $40

Answer 7

What kind of tax? State/City Sales Tax? Varies. Not enough information.

Answer 8

15 percent S.S. tax plus about 33 percent in Federal, State and local tax. All States are different. Your screwed if it's a check, if cash have fun.

Answer 9

Taxing is done in many ways. Is it inheritance? Is it your pay for work done? Is it tax on something you have purchased? I can be anywhere from a few percent to 40 or 50 percent!

Answer 10

depends on what state you're in. everyone has different tax amounts. if you have a 5% rate its $25