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Taxes and Tax Preparation
Income Taxes
Tax Refunds

What do figures in parenthesis in a tax return form mean?


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Wiki User
September 06, 2007 7:00PM

That is standard accounting and financial format to identify negative numbers. (It's much more visible than a little dash before a number, or, especially for things printed and then copied, seeing the proverbial "red ink", which is also used in some formats).