how much is the federal earned income credit for 2005?
96090
It depends on your taxable income
852631
Per the US Bureau of Labor and Statistics, $63,772 on average in 2005.
106555
The IRS has a simple equation thus,\nHow much did you earn.....+\nHow much did you spend...-\nGive us the rest...........=
221541
Unfortunately it is very difficult to get the Earned  Income Credit without earned income.     Even when you do have earned income and you have $2,700 in investment income, you cannot apply.  Publication 17 from the IRS states the Pensions, Social security, unemployment, and welfare all are NOT earned income and do not qualify you for the earned income credit.  Your case is not unique, and I know it would help you raise the child, but the intention of the law was to help low income working parents, single or married.  It was not intended for retired Granparents.  I would lobby your Conrgressman/woman for a change to the law, because this is the only way you will get it.
1167123
It depends on your filing status.\n\nFederal income tax on $1,000,000 by filing status from most to least:\nIf you are Married filing separate you pay $337,031.25\nIf you are Single you pay $330,470.00\nIf you are Married filing joint or qualifying widow(er) you pay $324,062.50\nIf you are Head of Household (usually single parent) you pay $327,562.00
1046878
Check this out... it may help\n\n\n\nCalifornia Employment Development Department \n\n\nIf you are in one of the "target groups," an employer who hires you can receive a federal tax credit of up to $8,500. The Work Opportunity Tax Credit gives the employer an incentive to hire you for the job. \n\n\nJob Service employment assistance programs and services are available to help individuals experiencing difficulty in finding work, including: \n\nDislocated workers \nEx-offenders \nHigh school drop-outs \nMigrant and seasonal farmworkers \nNon-English speaking \nPeople with disabilities \nPublic assistance recipients \nSenior workers \nWelfare recipients \nYouth
258043
Head of Household standard deduction for 2005 tax year is $7300, while Single is only $5000.  If you are eligible for Head of Household, then you can lower your Adjusted Gross Income by $2300, which will lower your total tax due.  If you are planning to itemize deductions and are eligible for Head of Household, make sure your itemized deduction total exceeds $7300, otherwise use the standard deduction.
183599
If your income goes up at all and puts you out of the Earned Income Credit guidelines, it could pose a real problem.  To be safe you should continue claiming 4 which is high as it is.  Besides the return is nice at the end of the year and you dont really notice the withholdings much.
659708
Real median household income remained unchanged between 2003 and 2004 at $44,389, according to a report released today by the U.S. Census Bureau\n\nTaken from:\nhttp://www.census.gov/Press-Release/www/releases/archives/income_wealth/005647.htm
20983
For 2005: $14K\nFor 2006: $15K
487116
This is total earnings...Sorry I couldn't find just Japanese figures.  2005 EARNINGS: $1,495,447.  Nearly 350,000 so far this year.
233973
Go to www.irs.gov and click on 2005 Tax table.
65893
OK, I just took a Federal Income Tax class so I hope this helps.\n\n- If your parents claim you as a dependent (you are  under 19 or a student and under 24), you will have file a return if you earned more than $6,250 for the entire year (for 2005).\n\n- If your parent do not claim you as a dependent, then you must file if you make more than $8,200 if you're single and $16,400 if you're married filing jointly (all amounts are for the entire year).\n\nSo, assuming you meant $911.88 for the entire year, you do not have to file unless federal taxes were withheld from your paycheck and you want a refund to get it back.\n\nIf $911.88 was a bi-weekly or weekly paycheck, then you will need to file in either case.  You can use a Form 1040EZ to file your taxes if you don't have a bunch of tax-related things going on (deductions, exemptions, dividends or interest income, student loan interest or educations credits, etc).
383404
Absolutly not! Your Federal tax refund is untaxable income. While a portion of a refund is in the form of the taxes over withheld from pay, if you are over twentyfive, single or over eighteen, can not be claimed on anothers taxes and have minor children who are your dependants and live with you at least half the year and you provide over half their support, you can get cash back on your refund from the Child Care Credit and the Earned Income Credit.\n\nBoth of these credits can go towards taxes owed the government, with any amount left over being given to you. These are amounts not earned by you, therefor the are considered unearned income. There are many forms of income which are considered unearned income and is taxable income on state and federal income statements.\n\nHowever, these amounts are not taxable by the Federal Government. Now, you would need to check with your state to see if any of these amounts are taxed in your state. Some states tax and some don't. I reccoment using a good tax service like H&R Block or another simular service. While they charge a small fee, and shop around for the best deal, all fees are not the same company to company, it is well worth having a proffesional prepare your return. This way you are sure to get back as much as possible. You are often given insurance that they did not make a mistake too, which can really bring releaf from the worry and stress of "Did I do it right?". If they do make a mistake and it is their fault, not due to your not providing all the information, which they ask for as they start the return step by step, they will pay up to a certain amount of anything the IRS determines you owe, and will also go with you to the meetings with the IRS. This is very reasurring for many.\n\nIf you are comfortable with the software programs which allows you to do your return at home, great. But please remember it is only a computer and can and does make mistakes. If you do not have a high level of knowlege of what the tax laws are, then you could easily allow an error to pass by uncorrected. Just this year somebody I know was told by one of those programs that the house she sold last year was not exempt from the taxable gains tax on the sale of a home. Now she knew it should have been exempt and kept trying to fix the problem yet the program returned the "Sorry this residence is not exempt from the capital gains tax exemption on the sale of a main residence" and announced this outragous sum she supposedly owned the Federal Government. She did get rattled finally after it told her this after seven attempts to correct it and get it to say the right thing. Finally it did it right and came back with "Great News! Your home is exempt from the taxable gains tax!". If she had not known so surely her home was exempt she may have accepted what it kept telling her and sent off all this money she did not own. Would the IRS have discovered the softwares mistake and sent her money back? Maybe, but then again they are not required to make sure she did her return correctly unless they think somebody owes them money! She may never have gotten that money back and never know she did not owe all that money.\n\nSo, the bottom line is get good information, be sure of that information, and if you are not sure get online and look up the tax laws for yourself. Use a system you feel sure is going to serve you best for your cercumstances and experiance. The tax laws are very confusing and difficult to understand unless you have education in taxes and finance.\n\nGood luck, this is a great question and will provide others with valuable information through all the answers provided. I wish happiness always.
424185
2006 Salary\n\n$ 5,237,238
857600
2005 Employees = 16,820 \n2005 Net Income (mil.) = $1,335.0 \n2005 Sales (mil.) = $13,931.0
561152
It is income that was earned in another country, but is taxed in the US.  It is taxed at a much lower rate 5.25%.