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Taxes in USA


heypilla

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11 minutes ago, heypilla said:

Guys- US taxing system is always confusing. Evarana experts unte throw some thoughts with examples:

1. Income Tax( Federal / State)

2. Property Tax

3. Any other Taxes

TIA

sales tax  :D

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50 minutes ago, heypilla said:

Guys- US taxing system is always confusing. Evarana experts unte throw some thoughts with examples:

1. Income Tax( Federal / State)

2. Property Tax

3. Any other Taxes

TIA

Commodity tax 

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3 hours ago, veerigadu said:

Social security tax,Medicare tax,  sales tax, big cities lo local tax

Ppl ignore this and say Taxes are high in Canada. Ee SS and medicare hundi loki poyindi count cheyra...thats a significant 7.65%. Somebody in 25% effective tax bracket will pay 33% overall.

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7 minutes ago, akkum_bakkum said:

Ppl ignore this and say Taxes are high in Canada. Ee SS and medicare hundi loki poyindi count cheyra...thats a significant 7.65%. Somebody in 25% effective tax bracket will pay 33% overall.

India lo business edhainaa sesyhe anni egaaa10ngoccchuuu ani db uttth realizing 

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5 hours ago, heypilla said:

Guys- US taxing system is always confusing. Evarana experts unte throw some thoughts with examples:

1. Income Tax( Federal / State)

2. Property Tax

3. Any other Taxes

TIA

I think i can help bro

Please let me know if you want to learn it specifically according to your income / spending but below is general case

1. income tax

the tax you incur on what you are earning

eg : you have full time job or have income from business or rental income

2. property tax

the tax you pay for owing a property

like having a home / car ( in some states only )

3. Other taxes  like sales tax

the tax you pay for purchasing everyday items like grocery / food in resturant / getting a service like phone bill

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