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  2. 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.

  3. Form 1040 - Wikipedia

    en.wikipedia.org/wiki/Form_1040

    Form 1040, officially, the U.S. Individual Income Tax Return, is an IRS tax form used for personal federal income tax returns filed by United States residents. The form calculates the total taxable income of the taxpayer and determines how much is to be paid to or refunded by the government.

  4. Taxation in the United States - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_States

    Donors of gifts in excess of the annual exclusion must file gift tax returns on IRS Form 709 [100] and pay the tax. Executors of estates with a gross value in excess of the unified credit must file an estate tax return on IRS Form 706 [101] and pay the tax from the estate. Returns are required if the gifts or gross estate exceed the exclusions.

  5. IRS Tax Brackets: Here’s How Much You’ll Pay in ... - AOL

    www.aol.com/irs-tax-brackets-much-ll-163733449.html

    1040 income tax form. Your 2020 tax bracket and federal tax rate are both crucial pieces of information if you want to keep as much of your money as possible. ... For tax year 2020, the standard ...

  6. Does the IRS Still Owe You Money From Your 2020 Tax ... - AOL

    www.aol.com/finance/does-irs-still-owe-money...

    Tax season for 2022 returns has officially begun as of this week, but 2020 returns are also in the news again. The IRS recently let Americans know they some may still be owed money from that time...

  7. Section 179 depreciation deduction - Wikipedia

    en.wikipedia.org/wiki/Section_179_depreciation...

    Under section 179(b)(1), the maximum deduction a taxpayer may take in a year is $1,040,000 for tax year 2020. Second, if a taxpayer places more than $2,000,000 worth of section 179 property into service during a single taxable year, the § 179 deduction is reduced, dollar for dollar, by the amount exceeding the $2,500,000 threshold, again as of ...

  8. IRS releases more info on how to get coronavirus stimulus ...

    www.aol.com/finance/2020-03-31-irs-releases-more...

    The IRS says it will use a person's 2019 return to calculate eligibility and automatically send the money to those who qualify. If they haven't filed a 2019 return, it'll be based on the 2018 return.

  9. Internal Revenue Code - Wikipedia

    en.wikipedia.org/wiki/Internal_Revenue_Code

    Self-employment tax (like social security, below) 1441–1465: Withholding of tax on nonresidents 1501–1564: Consolidated returns and affiliated groups (corporations) 2001–2210: Estate tax on transfers at death 2501–2704: Gift tax and tax on generation skipping transfers 3101–3241: Social security and railroad retirement taxes 3301–3322

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