Generally the SAP threshold means $150,000, however refer to FAR 13.5, Test Program for Certain Commercial Items, which permits the acquisition of commercial supplies and services up to $6,500,000 using SAP.
A: The Democratic Party. Prior to 1984, income derived from Social Security benefits was exempt from taxation. Amendments to the Social Security Act passed by Congress in 1983 allowed for 50% of Social Security benefits to be considered taxable income for taxpayers whose total income exceeded specified thresholds.
When Did Income Tax Start. You are taxed based on how much you actually earned in 2011. Sometime in the beginning of 2012, you will receive W2 statements which will tell you how much you earned and how much you were taxed (taxes are taken out as you go).