Calculating the Additional Medicare Tax on any self-employment income over the reduced threshold.How is Medicare withholding calculated?Medicare withholding is calculated based on the employee’s gross pay and a fixed percentage of 1.45%. This means that 1.45% of the employee’s gross pay is deduc...
Policyholder has the option to withdraw 1/3 of maturity amount as lump-sum and is tax free under section 10(10D). The rest 2/3 of corpus has to be used to buy annuity. Annuity income is fully taxable at applicable income tax slabs. Tax on Proceeds of Pension policy or ULPP on Death...
This handy property tax calculation tool will give you the property tax on average in your state, as well as estimating the total tax payment
reform = { CURRENT_YEAR:{"_II_rt1":[max(policy_bench._II_rt1[0] *(1- reform_on_II),0.0)],"_II_rt2":[max(policy_bench._II_rt2[0] *(1- reform_on_II),0.0)],"_II_rt3":[max(policy_bench._II_rt3[0] *(1- reform_on_II),0.0)],"_II_rt4":[max(policy_bench._II_rt4...