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Even if you itemize your deductions on Schedule A of Form 1040, child support payments don’t qualify as an itemized deduction. However, don’t confuse child support payments with spousal support.
Stay updated on the news about taxes, deadlines, deductions, laws, the IRS, and all things related to your income taxes.
Form 1040-X (officially, the "Amended U.S. Individual Tax Return") is used to make corrections on Form 1040, Form 1040A, and Form 1040EZ tax returns that have been previously filed (note: forms 1040-A and 1040-EZ were discontinued starting with tax year 2018, but a 1040X may still be filed amending one of these tax forms filed for previous years).
This work is in the public domain in the United States because it is a work prepared by an officer or employee of the United States Government as part of that person’s official duties under the terms of Title 17, Chapter 1, Section 105 of the US Code.
Everyone's favorite time of year is right around the corner: Tax Day! Filing and paying taxes is a part of life for everyone who works in the U.S. Making sure you file your tax return correctly is...
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As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ – see below for explanations of each) used for such returns.
A week later, Abramovich wrote-off the £1.5 billion the club owed him, and put the club up for sale, pledging to donate net proceeds from it to the victims of the war in Ukraine. [ 70 ] [ 71 ] On 10 March 2022, the British government announced sanctions on Abramovich with Chelsea allowed to operate under a special license until 31 May.