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  2. Rate schedule (federal income tax) - Wikipedia

    en.wikipedia.org/wiki/Rate_schedule_(federal...

    The origin of the current rate schedules is the Internal Revenue Code of 1986 (IRC), [2] [3] which is separately published as Title 26 of the United States Code. [4] With that law, the U.S. Congress created four types of rate tables, all of which are based on a taxpayer's filing status (e.g., "married individuals filing joint returns," "heads of households").

  3. How To File Self-Employment Taxes: A Step-By-Step Guide - AOL

    www.aol.com/file-self-employment-taxes-step...

    Schedule SE: On Schedule SE for Form 1040, report your Social Security and Medicare taxes. The income or loss you determined on Schedule C or Schedule C-EZ is used to calculate the self-employment ...

  4. These tax moves are most likely to trigger an audit - AOL

    www.aol.com/article/finance/2020/02/28/these-tax...

    In addition, self-employed individuals often don't realize that credit and debit card companies report the total dollar amount of all transactions to the IRS via a form 1099-K, Reams adds.

  5. Tax returns in the United States - Wikipedia

    en.wikipedia.org/wiki/Tax_returns_in_the_United...

    The filing of Federal tax returns is required under federal law. Individuals who receive more than the statutory minimum amount of gross income must file. [3] 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.

  6. IRS Volunteer Income Tax Assistance Program - Wikipedia

    en.wikipedia.org/wiki/IRS_Volunteer_Income_Tax...

    Form 1120, 1041, or 1065; Schedule F - Farm Income; Responses to IRS Notices for issues other than an amended return; Tax Returns for taxpayers who have declared bankruptcy or intend to; Married Filing Separately may be treated as out of scope. Tax For Certain Children with Unearned Income, or "Kiddie Tax" returns

  7. Does Filing a Schedule C Make Me the Target of an Audit? - AOL

    www.aol.com/news/2011-02-24-does-filing-a...

    For the fiscal year 2009, about one out of every 100 taxpayers were chosen for an audit. In terms of numbers, 1.4 million taxpayers were selected for either a correspondence or a personal audit.

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