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If you mail your tax return to the IRS, and the IRS decides that it is complete and accurate, they will issue you a refund check or direct deposit within six weeks of the date they received your forms. If you file your return electronically, the IRS will issue your refund check or direct deposit within three weeks of the date they acknowledge your return. The fastest way to get your tax refund is to file electronically and request direct deposit. Please note that the Refund Anticipation Loans offered by some income tax preparers are loans, and not your refund. Your refund will go to the preparer to pay back the loan, including interest and fees.
What else can I help you with?
Why do we have income tax tables?
Income tax tables are a guide to help you do your taxes. It shows you what your taxes will be on your adjusted gross income. It's a quick was to look up the information and put on the right line of your form.
What is Before tax income after tax income?
Before tax income is gross income less allowable deductions and rebates = assessable income. After tax income is assessable income less the applicable income tax
What kind of income tax is based on your taxable income?
Income tax IS based on your income that is why it is called INCOME tax.
Is Payroll Tax considered Income Tax?
Yes. Any tax on income is income tax. Taxes imposed after income, such as sales tax, aren't.
What are the names of some income tax preparation service providers?
Tax Act is one tax preparation service that is very quick, accurate and easy to use. Turbo Tax is another service that is very good as well.
Why do we have income tax tables?
Income tax tables are a guide to help you do your taxes. It shows you what your taxes will be on your adjusted gross income. It's a quick was to look up the information and put on the right line of your form.
What is Before tax income after tax income?
Before tax income is gross income less allowable deductions and rebates = assessable income. After tax income is assessable income less the applicable income tax
What kind of income tax is based on your taxable income?
Income tax IS based on your income that is why it is called INCOME tax.
Is Payroll Tax considered Income Tax?
Yes. Any tax on income is income tax. Taxes imposed after income, such as sales tax, aren't.
What is a Fedeal income tax?
A income tax is a tax levied on the income of individuals or business.
Is Net income before or after tax?
Net income is what you get after tax, gross income is before tax.
What are the names of some income tax preparation service providers?
Tax Act is one tax preparation service that is very quick, accurate and easy to use. Turbo Tax is another service that is very good as well.
Are income tax and taxable income the same thing?
No, income tax and taxable income are not the same thing. Taxable income is the amount of income that is subject to taxation, while income tax is the actual tax that is calculated and paid on that taxable income.
What is an income tax?
Income tax an amount of tax that is due on your TAXABLE INCOME amount for the tax year.
What is the price and name of an income tax software?
There are many good income tax software programs on the market. They range in price from 30 dollars all the way up to several hundred dollars, depending on what features you want. Some of the most trusted names in tax software are Turbo Tax and Quick Books.
What are the similarties between the state income tax and the federal income tax?
The amount of your tax liability is based on your TAXABLE INCOME after your income tax return is completed completely and correctly down to the TAXABLE income line of each income tax return.
What is the accounting entry for the Provision of Income Tax?
dr. income tax expense cr. income tax payable
