Latest news from Suamico, WI collected exclusively by city-data.com from local newspapers, TV, and radio stations. Ancestries: German (33.3%), Polish (13.5%), Irish (8.0%), Dutch (4.4%), French (3.8%), Norwegian (3.4%).
Income Thresholds. The Internal Revenue Service sets minimum income levels each year for taxpayers, and you must file a return if your gross income exceeds the threshold that applies to you. As of 2012 the threshold for taxpayers under 65 filing as single was $9,750.
The tax would be more for persons with higher taxable incomes. When phased in, it will be 2.5 percent of household income that exceeds the income threshold for filing a tax return. For 2011, those thresholds were $9,500 for a single person under age 65, and $19,000 for a married person filing jointly with a spouse.or 2011 â as previously mentioned â those thresholds were $9,500 for a single person under age 65, and $19,000 for a married person filing jointly with a spouse, for example. The thresholds go up each year in line with inflation, so those cut-offs will be higher in 2014, when the tax first takes effect.