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What is the order of process by which individuals have their federal income tax collected?
Wiki User
∙ 11y ago
1.The employer withholds estimated taxes.
2.The taxpayer files a tax return.
3.The government receives a tax payment or gives a tax refund.---------(>'-')>
Wiki User
∙ 11y ago
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By what process is federal income tax collected?
Believe it or not the federal income tax system is a voluntary system. The government relies on employers sending in employee withholdings, and taxpayers sending in estimated payments.
When was federal income tax first collected?
The first Federal Income tax was collected in 1862. It was to help pay the cost of the United States Civil War.
What are the steps of the process by which individuals have their federal income tax collected?
1.The employer withholds estimated taxes. 2.The taxpayer files a tax return. 3.The government receives a tax payment or gives a tax refund.-------Apex. (>'-')>
What are the steps to the show the process by which individuals have their federal income tax collected?
1. The employer withholds estimated taxes. 2. the taxpayer files a tax return. 3.The government recives a tax payment or gives a tax refund
What is the order by which individuals have their federal income tax collected?
First Step Paycheck Withholding Tax Return Filling Tax Payment or Refund LAst Step <APEX>
Put the items below into the correct order to show the process by which individuals have their federal income tax collected.?
1.the employer withholds estimated taxes. 2.the taxpayer files a return 3.the government receives a tax payment or give a tax refund
How much federal income tax was collected in 2006?
2 trillion
How often are corporate income taxes collected by state and federal governments?
never
What is the process by which individuals have their federal income tax collected?
1. the employer withholds estimated taxes 2. the taxpayer files a tax return the government receives a tax payment or gives a tax refund 3. the government receives a tax payment or gives a tax refund
True or False The Federal income tax on corpoations generates more revenue than the Federal income tax on individuals?
false
What percentage of federal government revenue was collected from corporate income taxes in 2001?
32%
Does Texas have state income taxes?
No Texas does not have a state income tax.
