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IncomeA number of states require employers to notify staff that they might be eligible for the federal (and perhaps additionally state) Earned Earnings Tax Credit score (EITC). Anyway, my response as follows: since your contract resulted in jan 2016 (or do you imply 2017?), your trip to Bali in June makes no distinction to your tax. Hello Ramesh PS1, I’m assuming that your work visa is issued in Nov 2014 (since you began work in Nov 2014), then your tax will probably be based on the construction as in the table shown within the article.

The Earned Income Tax Credit score is a refundable credit score for taxpayers with income below a sure level. Your statement – Flat tax benefits the wealthy – wants work Lets use a 10% tax price , and a $10,000.00 commonplace deductionK. Any refund on your tax can be made after the tax submission date … Read More

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