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What are the most common income tax problems?

Updated: 8/20/2019
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10y ago

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Years of unfiled federal returns, in collections and are receiving IRS letters, have a wage garnishment on their paycheck at work, have a Revenue Officer or Revenue Agent showing up to their home or work, and being audited.

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Q: What are the most common income tax problems?
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What are the steps to fix income tax problems?

Common problems are not filing income taxes correctly, not filing the correct forms, or not paying owed taxes. Also, common mistakes in filing income tax is easily avoidable by using a tax preparer service. Tax attorneys can help with any legal problems with the IRS and help with plans to paying off unpaid taxes.


What are some common tax deductions?

The most common tax deductions in the United States are on charitable donations, mortgage interest, income tax, real estate tax and dental and medical costs.


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Where can one find answers to the most common tax questions?

Answers to the most common tax problems can be found on Investopedia and H&R Block Get it Right. They each have a list of questions and answers on common tax questions.


Is tax and income tax same?

Income tax is a type of tax and refers to what the basis or subject of the tax is - in this case income (both individual or corporate/business). There are many types of taxes paid to many different governments, based on many different things. The most common are sales tax, use tax and property tax.


What companies allow you to efile your income tax?

The most common company that is used for efiling is Turbo Tax. They allow you to complete your income tax return forms online, and send via their servers for about 30 dollars.


What type of persons got income tax?

All people that own something like a house or car has income tax. Income tax is a tax on income (money earned), not a tax on property. Income can be in many forms, the most common being wages for work and interest earned on savings and investments. Any on earning money, must file an income tax return. Property tax, sales tax, and excise tax are other types of taxes that we pay. It sure adds up.


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What is Household income after taxes called?

Net Household Income After-Tax Income is actually a common term as well.


What are the two most common deductions?

When itemizing, the two most common deductions are home morgage interest and property taxes. If you mean credits the two most common are the child tax credit and earned income credit. Both deductions and credits lower or go against your tax liability.


Does Tennessee have a state income tax?

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Do income tax lawyers help with IRS problems?

Yes, income tax lawyers often advertise that they will help you work out tax programs with the Internal Revenue Service or "help get the IRS off your back."