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How to calculate my Tax ?

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Icon Mini Profile amitforum





Joined: 23 Jul 2009

Posts: 30

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Post Posted: Fri Jul 31, 2009 6:30 am    Post subject: How to calculate my Tax ?
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I am doing job as well as i have small business.My income from job come in taxation
but income from business not come in taxation.
This is situation .
So what i need to do for taxation.
My tax will be calculated by adding income from both addition of income or saperately.
my tax adviser tells me show tax separately so no need to pay more tax.

I am in confusion.
Please advoice me ..
Thanks
Icon Mini Profile savior70





Joined: 25 Mar 2009

Posts: 1895
Location: Florida
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Post Posted: Fri Jul 31, 2009 7:15 am    Post subject:
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Hi,

Quote:
My income from job come in taxation
but income from business not come in taxation.


I'm not sure what you mean by this. Anyway, you've done the right thing by consulting a tax advisor. He's the right person to guide you on how to file your taxes. If your advisor thinks the taxes should be filed separately, that's what you should be doing.
Icon Mini Profile Realgeni





Joined: 13 Apr 2009

Posts: 1434

99.76 Dollars($)
Post Posted: Mon Aug 03, 2009 8:55 pm    Post subject:
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amitforum

ANything you consider as an income for your self you need to pay taxeson it

How much will deond on how much money you are making

There are different Federal and state brackets beased on where you live

Aso good idea to consult a tax advisor

Good luck and feel free to ask
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