answersLogoWhite

0

What is tax filing?

Updated: 9/21/2023
User Avatar

Wiki User

12y ago

Best Answer

A tax return is a form (paper or online) on which you:

  • report details of your taxable income, and any capital gains if appropriate
  • claim tax allowances and tax reliefs.

HM Revenue and Customs (HMRC) may issue a tax return to you each tax year. The tax year runs from 6 April one year to 5 April the next. If you receive a tax return, the law says you must fill it in.

HMRC uses the information on your tax return to work out your tax bill or work out whether you are due a tax refund.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is tax filing?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Is filing as married a requirement of common law in RI?

Tax filing is governed by tax laws not common law.Tax filing is governed by tax laws not common law.Tax filing is governed by tax laws not common law.Tax filing is governed by tax laws not common law.


What websites offer free tax filing?

There are many websites that let you do free tax filing. You can go to freefile.irs.gov or www.taxact.com for free internet tax filing.


Does Bookkeeper 2009 have tax filing software?

Yes, Bookkeeper 2009 has tax filing software.


How do you get a copy of your tax filing?

from your tax preparer


Where can I find free tax filing software?

Free tax filing software can be found on a multitude of websites. The easiest place to find free tax software is to go to the United States Tax website where they have a list of all the free tax filing software.


What married couples wishing to file a single tax return choose which filing status when filing a federal income tax return?

Married filing Jointly


What are your father's fica tax liability and filing requirements for you?

filing electronically


Does the government have free tax filing?

Yes, the government does have free tax filing. You can file your taxes right on the IRS website.


The Benefits of Free Tax Filing Software?

Tax time can be a burdensome event for many individuals who file their own taxes. Staying abreast on the current tax laws can seem overwhelming. The evolution of tax filing software has made filing taxes easier than ever before. What is even more exceptional is that many popular tax filing services offer free tax filing software to first time customers. The free tax filing software offered by many companies helps you catch eligible deductions and tax credits, and reduces your chance of being audited by the IRS.


What is the advantage of married filing jointly?

The advantage of married filing jointly is that your tax may be lower than your combined tax for other filing statuses. Another advantage would be your standard deduction, if you do not itemize, my be higher and you qualify for tax benefits that do not apply to married filing separate.


When filing for the federal income tax return do you have to attach schedule a for the state income tax return?

No, when filing for the federal income tax return, you do not attach the Schedule A for the state income tax return.


Where can I do a free tax file online?

There are a number of places you can do free tax filing online. Some free online tax filing websites are www.irs.gov and also www.yougetinfo.com