成人教育机会中心(AEOC)
The purpose of AEOC is to provide free support to aid participants in our community in applying to, funding, 并参加进一步的教育. AEOC is here to help you achieve all of your educational and career goals and dreams!
What is Taxable Income?(AEOC)
On the AEOC application, 你将被要求披露应税收入的范围, 根据我们的拨款条例，哪些是必需的. If students are determined independent per financial aid standards (typically all persons under 24 with no spouse or dependents), they will need to use their parent(s)/guardian(s)’ taxable income and get a parent/guardian signature for verification.
Taxable income is the amount of income used to calculate how much tax an individual owes the government in a given tax year. 这与你的工资或总收入不同. 在几乎所有的情况下，应税收入都少于你的总收入. Taxable income can be found on either the IRS Form 1040 on Line 11b OR the NYS Form 201-IT on line 37 or 38. If you cannot readily find this form, you can calculate your taxable income using the formula below:
Gross Income – Above Line Deductions – Below Line Deductions = Taxable Income
Terms
Gross Income includes, but is not limited to, salaries, wages, bonuses, tips, rental income, some government benefits (i.e. unemployment, disability, etc.), dividends, capital gains, interest income, fringe benefits, royalties, and retirement distributions. 如果你结婚了，并且共同提交了2019年的税款, 你还必须包括你配偶的全部收入.
Note: Any income that is explicitly tax-exempt does not count towards this number (i.e. child support payments, veterans’ benefits, welfare, workers’ comp, SSI, etc.)
线上扣除可以包括, but are not limited to, rental deductions, some business deductions, stock losses, moving expenses, student loan interest paid, and alimony.
线下扣除要么是标准的，要么是逐项扣除. Typically, individuals only itemize their deductions if it will add up to more than the standard deduction.
标准扣除额示例
A和B结婚了，并共同提交了2019年的税款. Person A makes $20,000美元一年，B赚35美元,我一年挣1000万英镑，没有额外收入, making their gross income $55,000. They have $0 in above the line deductions and took the standard deduction of $24,400. 因此，他们的估计应税收入是30,600美元.