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In the U.S. in 2012 the poverty level for a family of four was about
State And Local Income Taxes
Taxes imposed on income by state and/or local governments, varying greatly from one location to another.
General Sales Taxes
Taxes imposed on sales of goods and services, generally calculated as a percentage of the sales price.
Elect
To choose or decide upon a particular course of action, often used in the context of making tax-related decisions.
Medical Deductions
Expenses for healthcare that exceed a certain percentage of adjusted gross income and can be itemized for tax deductions, including payments for doctors, prescriptions, and certain medical equipment.
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