Taxable Income Is
If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!

Question: Is the federal poverty guideline determined by Taxable Income or by gross income?
Hi, I am asking the question above because my wife is in the process of immigrating to the US. I sent my tax return for last year to the consulate where she lives and they said that I don’t meet the poverty guidelines because my taxable income in less than the rate for 2 in a household. I was dumbfounded to say the least because I always thought that income was determined by gross not taxable income. Someone please help me, a reference site would be helpful if anyone knows of one.
Thank
Answer: If that is exactly what they said, I’d be confused, too.
In this country the poverty guidelines are based on gross income, which for this purpose includes non-taxable income.
City could owe refunds to people if tax credit change overturned
LORAIN — If voters overturn a decision by Lorain City Council to reduce the credit given to residents who pay income tax in other cities, Lorain would owe residents money, Lorain fire Chief Tom Brown said.
ObamaCare ALERT!!! Your Job Health Insurance Costs Will Be Added To Your Taxable Income!
