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2. Mortgage Interest Deduction: Limits and How It Works - AOL

   www.aol.com/mortgage-interest-deduction-limits...

   If your itemized deductions exceed your standard deduction, you’ll claim your mortgage interest deduction on Schedule A of Form 1040. Note that some other potential deductions related to your ...

3. What Is Tax Form 941, and Who Needs to File It? - AOL

   www.aol.com/finance/tax-form-941-needs-file...

   What is IRS Form 941? IRS Form 941 is the form your business uses to report income taxes and payroll taxes withheld from your employee's wages. It also provides space to calculate and report ...

4. Mortgage interest deduction: What it is and what qualifies - AOL

   www.aol.com/finance/mortgage-interest-deduction...

   The standard deduction for tax year 2023 is $13,850 for single filers and $27,700 for married taxpayers filing jointly. For 2024, it’s $14,600 for single filers and $29,200 for married taxpayers ...

5. Tax withholding in the United States - Wikipedia

   en.wikipedia.org/wiki/Tax_withholding_in_the...

   Employers must file a quarterly report of aggregate withholding taxes, Form 941, with the Internal Revenue Service. This report includes income, Social Security, and Medicare tax totals for the quarter. Partnerships making payments for partners must file Form 8813 quarterly. State requirements vary.

6. IRS tax forms - Wikipedia

   en.wikipedia.org/wiki/IRS_tax_forms

   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.

7. Home mortgage interest deduction - Wikipedia

   en.wikipedia.org/wiki/Home_mortgage_interest...

   Because the Tax Cuts and Jobs Act of 2017 increased the standard deduction to a level where far fewer taxpayers itemized their expenses (which is where they deduct mortgage interest), the cost to the federal government of the mortgage interest deduction was decreased by 60%, from approximately $60 billion in 2017 to $25 billion in 2018.