The income tag has no wiki summary.
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2answers
43 views
Why are monthly incomes lower in Eastern than in Western Europe? [closed]
Monthly incomes are almost 5-10 times higher in western countries than in eastern ones according to this Wikipedia article.
I live in a low-income country and everyone who can escapes from the county ...
3
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1answer
37 views
Does Medicaid pay for prescription drugs?
If you don't make much money, there are prescription advocacy programs like this one that one can take part in. However, if you don't make a ton of money, it seems to me that you're likely to be on ...
1
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0answers
56 views
benefits for low-income poor individuals [closed]
Low-income individuals can quality for discounted cell phone service through Verizon and free medication through patient assistance programs like this one.
What other services like these are ...
0
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1answer
187 views
What to fill out for NY State & City on IT-2104 for single person?
My daughter is starting a new full time job in NYC. She lives in Brooklyn. She owed NY State taxes. How should she fill out the IT-2104. Should it just be single 0 exemptions? Why would it be ...
1
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1answer
68 views
Is household disposable income a real or a nominal value?
I downloaded Quintiles/Deciles ordered by household disposable income (Turkey, Urban, Rural)) data from Turkish Statistics Institue. I have looked at the provided data, but it doesn't indicate if the ...
2
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1answer
79 views
Foreign national moving from US to Canada, how to file tax return (340 days in US)
I recently started a new job in Canada in mid-December, which means I am only on Canadian payroll for 3 weeks, and for most of the year I was on US payroll with my previous employer. I am a citizen of ...
3
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1answer
54 views
How do online referal systems work?
There are sites on the internet which promise to pay money for just referring traffic.
How trustworthy these are and what are their sources of income?
Are these sites worthwhile to consider for ...
6
votes
3answers
174 views
Is the money that you get back from deposits or rebates taxable?
Please help me understand if the following two items are taxable or if they should be included at all on the tax report:
Rent deposit. A few years ago, when I moved in my previous apartment I put a ...
4
votes
1answer
135 views
What does the “SEC 30-Day Yield” mean for a Bond ETF?
I'm currently a student awaiting admission into grad school and have about $10,000 in a Scott Trade account ready to invest. Because I'll be using the money to pay for moving expenses and anything ...
4
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1answer
633 views
New York State Tax allowances (IT-2104 2012 vs 2011)
I have recently changed a job and trying to figure out how to fill-in the IT-2104 form for my new employer.
The biggest problem for me is that I cannot understand the amount of allowances to claim ...
3
votes
1answer
761 views
Tax implications of corporate housing
If my company provides corporate housing for me, am I required to claim the rent amount as income for my personal earnings? And is that taxable income?
I'm trying to figure out how I can leverage ...
4
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1answer
70 views
Renter starts next year, but advance checks received this year. How to report the income for tax purposes?
I have a renter who will start occupying my second home in January. He will provide checks for the first and last month in December.
The IRS states that income should be reported in the year that I ...
6
votes
1answer
80 views
When “someone makes X dollars a year in the US”, is that gross or net income?
I often hear/read the phrase "makes X dollars a year". Could you elaborate what this means?
So, for instance, if someone makes 45 thousand a year (in the United States), how large is his monthly net ...
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vote
3answers
353 views
Organizing Expenses/Income/Personal Finance Documents (Paperless Office)
I've been trying to organize my personal finances for awhile by moving to a "Paperless Office" (PO from here on out), but I haven't been able to reach anything that satisfies my need for intuitive ...
0
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3answers
66 views
When they list the income of someone, is it the monthly or yearly income?
When they list the income of someone like Steve Balmer ($1,267,670) in wikipedia, is it the monthly or yearly income?
5
votes
1answer
167 views
What is a good asset allocation for a 24 year old planning to do a startup?
I am planning to quit my current job and do a tech startup. How should I invest my savings of ~$210K? Assume that a fixed amount X = $2000 gets withdrawn per month and the aim is to maximize the ...
4
votes
6answers
808 views
Changing jobs as a strategy to build a good income?
In most professions, it seems that when you change jobs, you are eligible for a pay hike (at least up to a certain ceiling amount). My questions are:
Is this a viable long term strategy to ...
1
vote
3answers
132 views
What happens to your ability to borrow money based on our joint finances?
We want to borrow money to buy our first home. We will be married soon, and want to know how the combination of incomes, expenses and debts will impact the ability to get a mortgage.
There's the ...
9
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8answers
545 views
Switch from DINK to SIWK: How do people afford kids?
Currently my wife and I both work, and we have no kids. We have no debts (besides our mortgage), live very frugally (friends call us cheap), and are roughly breaking even. We would like to have kids, ...
8
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6answers
284 views
How do I adjust to a new social class?
I've moved from a poor, working-class state to a better-developed, middle-class state in the US.
Here's my problem: I'm having an extremely hard time adjusting to the price differences between the ...
3
votes
1answer
1k views
W-8BEN? What's the tax from selling my software to a U.S. company, from abroad?
I am developing software program (I live and work outside of US - Europe, I don't have a company), and now have a client from US which wants to license my program (pay me money so he can use it).
He ...
3
votes
4answers
159 views
Do tradespeople get paid as well in other Western countries as they do in Australia?
In Australia, the most highly paid professions right now are electricians and plumbers and tradespeople.
I think this is caused by the mining boom, a housing shortage leading to a laboring skills ...
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7answers
555 views
What tool would you recommend to keep track of incomes and expenses?
Part of New Year's resolutions is to keep better track of where my money is going.
I have a regular day job and I also do some freelancing work online , which is not related to my regular job. In my ...
8
votes
3answers
341 views
How do you model future income when doing long term planning?
One of the things I do that allows me to really get into investments, budgeting, saving money, is spreadsheeting it all out and forcasting the returns I might reap based on a given set of assumptions. ...
1
vote
3answers
278 views
What implications does having the highest household debt to disposable income ratio have on Australia?
I hear that Australia has the highest household debt to disposable income ratio in the world.
What does that mean? What implication does that have for the economy, for the stock market and for the ...
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11answers
1k views
I'm only spending roughly half of what I earn; should I spend more?
around 6 months ago I started this job. Around 3 months ago while reading this very website I downloaded a budgeting software and started writing down everything I earned and spent, and I noticed I'm ...
10
votes
7answers
488 views
What ways are there for us to earn a little extra side money?
I have done all the cost-cutting that my family can allow. It is still not enough - I spend more than I earn. This is killing the credit card and is going to be bad news for us unless we can sort this ...
11
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3answers
2k views
What is the proper way to report additional income for taxes (specifically, Android development)?
Let's say I have a day job that contributes to the majority of my income.
Now if I do some Android development (or similarly iPhone, Blackberry, or any other hobby that produces an additional income) ...
4
votes
4answers
289 views
(Legitimate & respectable) strategies to generate “passive income” on the Internet?
After reading RDPD by R. Kiyosaki I'm trying to find chances to build up my Passive Income.
By Passive Income I mean that I do not have to take care day-to-day of that "thing", but it generates some ...
6
votes
2answers
235 views
Joint ownership on home (50/50), when I apply for a loan, do they look at total mortgage payment as debt or half?
I am in joint ownership of a home (50/50). When I apply for a car loan and they are looking at my credit report, do they look at the total mortgage payment as my debt or only half? Does the credit ...
4
votes
2answers
143 views
There have been many studies on the differences in earning-power between men and women. Have similar studies been done for race, religion or sexual orientation?
I'm curious to know if there are similar biases in the workplace - if anyone's dared to document it.
5
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5answers
452 views
Do I have to pay taxes on income from my website or profits?
I've started to generate a small amount of revenue on my website, I'm obviously tracking my income and expenses, but I'm not certain whether I need to declare this income to Inland Revenue.
Is there ...
8
votes
2answers
131 views
How and where can I deposit money to generate future payments / income?
My Question.
What do I deposit now, today, to pay myself $300.00 per week,i.e. $15,600.00 annually at 5% interest for 10 years? What kind of or type of financial institution do I deposit the
in? A few ...
9
votes
3answers
4k views
How much would be a fair raise or salary increase to ask for at work?
I have not got a raise at work for some time - almost two years - and I think I am due. I did not ask during the crisis because other companies were laying off, etc. Mine didn't lay off, we actually ...
6
votes
2answers
528 views
What is the current US-Canadian agreement on withholding taxes for US Investment income?
Withholding tax credits have changed over the past few years. What is the agreement between Canada and USA related to how much can be claimed and how much must be applied for as a reimbursement?
7
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2answers
221 views
How to claim loss of income?
If you initially had invested say $1000 in a corporation and the corporation folded, can that $1000 be declared as a personal capital loss?
