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You can fill out Form 941-X to correct compensation, income taxes withheld, taxable Social Security tips and wages, and taxable Medicare tips and wages. You'll enter corrections under Part 3 and ...
Transaction privilege tax (TPT) refers to a gross receipts tax levied by the state of Arizona on certain persons for the privilege of conducting business in the state. TPT differs from the "true" sales tax imposed by many other U.S. states as it is imposed upon the seller or lessor rather than the purchaser or lessee. The seller/lessor may pass ...
The standard U.S. individual tax return is Form 1040. There are several variations of this form, such as the 1040EZ and the 1040A, as well as many supplemental forms. U.S. citizens and residents who realize gross income in excess of a specified amount (adjusted annually for inflation) are required by law to file Federal income tax returns (and ...
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.
The 1040EZ is the easiest form to fill out, with the 1040A being more complicated but still less difficult than the full 1040 form. ... Form 1040EZ is designed for the simplest returns. In order ...
Arizona's TPT is one of the few excise taxes in the country imposed on contracting activities rather than sales of construction materials. [64] Phoenix, the capital and largest city, has a 2% TPT rate. [65] A use tax applies to purchases made from out-of-state online retailers and catalogs.
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