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Why is median income used instead of mean income for income averages?
Started by on , 5 posts by 5 people.  
Answer Snippets (Read the full thread at yahoo):
Median household ....
Having one person with an income of $100,000,000 a year in a community can raise in your life.
As a measurement, it is not affected significantly by 1 or 2 people .
Of the bulk of the population, median income is best.
No Income Tax Return if income less than 5 lakhs Quote: : Source
Started by on , 14 posts by 8 people.  
It doesn't mean that individual having total ....
Hey bro, the title is misleading I guess...the article says Individuals having total income upto 5 lakhs per annum need not file IT return.
5 lakh.
Re: Income Tax relief limit raised to Rs.
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As many know, I "supplement" our income doing home daycare. When I started this 11 years ago, I earned under $5000/year. 7 years ago, it was the same. 3 years ago it increased to $7000. And if things continue as they are, 2009 will be 30000. YES, 30,0...
Started by on , 11 posts by 9 people.  
If a sitter charged so....
Parents feel better paying more for someone.
Kudos!! your job is s important.
I don't have any kids this summer, it's a nice break but I do miss it .
Keep up the hard work.
Sounds like your doing a great job.
Wow!!! That's great.
What is the difference between Passive Income and Earned Income? I've heard that the key to true wealth is through passive income
Started by on , 3 posts by 3 people.  
Answer Snippets (Read the full thread at yahoo):
Earned income is from working passive is from interest or increase in stocks etc In my understanding passive income represents to income where less effort is made where as earned income is something.
If I live in Naples but own property in NY, do i pay income tax on my rental income?
Started by on , 8 posts by 7 people.  
Answer Snippets (Read the full thread at trulia):
Of the United States...and subject Federal income tax?...Suggest you consult a TAX PROFESSIONAL.They professional, but to my knowledge and in my experience yes you do pay tax on your rental income.
The GDI business has built residual income for many. Residual income can result in income for life.
Started by on , 1 posts by 1 people.  
Answer Snippets (Read the full thread at healock):
Why is mississippi state income tax holdin my income tax refund check?
Started by on , 3 posts by 3 people.  
Answer Snippets (Read the full thread at yahoo):
Could be any of a number of reasons....ask them only your state agency can tell you .
A company's income statement shows net income of $1,000,000. Does this mean that the company made cash of? for the year? Why? Why not?
Started by on , 2 posts by 2 people.  
Answer Snippets (Read the full thread at yahoo):
The Cash Flow Statement.
The Income Statement is prepared on an accrual basis, not a cash basis.
How can you survive if you pay 29% of your income to child support and also pay 30% to income tax? ?
Started by on , 8 posts by 8 people.  
Answer Snippets (Read the full thread at yahoo):
30% income tax....
Then you do have your FICA social security and medicare insurance tax amounts money .
And really how much is really for federal INCOME taxes and state income taxes.
For the child while using the money for themselves.
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