How much does the income tax be paid? What is the difference between the taxes of high -income and low -income people in the United States? How much is the difference between my country?
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1. Most of the fiscal revenue of the US government comes from taxes, of which personal income tax accounts for the largest proportion. Personal income tax includes federal taxes, state taxes and local taxes. Federal tax rates are the same, but the state tax rates and local tax rates are different. Some states do not even have state taxes, such as Alaska, Florida, Nevada, Texas and Washington. Although some states have state taxes, they are limited to dividend and interest income, such as New Hampshire and Tennessee. In addition, everyone needs to pay social security taxes. The US tax is divided into federal taxes, state taxes, and municipal taxes. A bit similar to national tax and land tax. The federal tax calculation method is unified nationwide, and state taxes are self -determined by states. Few states do not have state taxes (such as Texas). The federal tax accounts for the big head. 2. The biggest difference from China is that the US tax is calculated at an annual income, not monthly income. In other words, calculate how much tax do you pay for a year based on how much money you pay a year, instead of calculating how much tax you should pay each month according to how much your monthly income. 3. The relatively simple summary is: No matter how much tax you are deducted first each month, anyway, everyone must have a "general account" at the end of the year. Back and less supplement.
By the way, IRS (U.S. Taxation Agency) fine -tuned the taxation algorithm and individual deductions every year, that is, the annual tax rate and reduction amount are not exactly the same. So be sure to report taxes based on the latest TAX Guide.
4, personal reduction: This part does not need to pay taxes. The 2004 reduction is $ 3100. In fact, it is equivalent to my country's "starting point". In other words, the annual income in 2004 does not need to pay a penny of $ $ 3100. This part is also different every year, $ 3050 in 2003.
The parts of the individuals paid in the states, municipal taxes, and medical pension insurance are all reduced and exemptions when calculating the federal tax.
has many expenses that can also be tax -free, for example: stock loss (submitted related FORM 1099), moving costs (more than 50 miles, you need to fill in FORM 3903), charity donation (you need to fill in it Form 8283), medical expenses, and individuals accidentally lost (such as lost something), educational costs (children's tuition, or charging by themselves), loans to buy a house, and so on. There are no list here. However, buying a car cannot be reduced (but a hybrid vehicle buying oil and electricity can reduce some taxes). 5. Personal income tax for high -income and low -income people in the United States is about 5,000 to 10,000 US dollars per month. my country is about 20,000 yuan. 6, my country's personal income tax levy: Personal income tax is excessive and progressive, starting with 2,000 yuan. Personal income tax rate Table salary, applicable salary income):
The taxable income tax rate for the full month (%)
1 5
2 with no more than 500 yuan more than 500 yuan to 2000 yuan 10
3 parts of more than 2000 yuan to 5,000 yuan 15
4 parts of more than 5,000 yuan to 20,000 yuan 20
5 parts of more than 20,000 yuan to 40,000 yuan Part 30
7 parts with more than 60,000 yuan to 80,000 yuan 35
8 parts with more than 80,000 yuan to 100,000 yuan.