The IRS cannot point to a specific law that imposes income tax because it does not exist. If it does exist, surely they would put many debates to rest by simply pointing it out. Income tax is a voluntary tax (voluntary compliance) and is not a direct apportioned tax nor an indirect tax that citizens are required to pay. While it is a popular myth that everyone needs to pay income taxes, it is actually enforced againt the constitutional rights guaranteed to all US citizens. The IRS points to the 16rh Ammendment to justify the collection of income tax; however, supreme courts have ruled that the 16th Ammendment gives no further rights of the US government to tax its citizens. These decisions have never been overturned by any preceeding supreme court cases and must be upheld. Furthermore, the IRS defines income as "gains from corporate activity" meaning that any regular citizen who works in private business does not even make income as according to this definition. So these are reasons that the IRS won't provide the law, or cannot provide the law. It is simply not there.
It is important to check the specific tax laws in your state to determine if filing a tax return is mandatory. In general, individuals are required to file a tax return if their income meets certain thresholds set by the state.
No, when filing for the federal income tax return, you do not attach the Schedule A for the state income tax return.
When you are filing for the state income tax return, you will fill form 1040.
Married filing Jointly
The CRA says that you are oligated to file an income tax return if you owe tax or if they ask you to file. Otherwise if you owe you still owe whether the return is done or not and they can audit you for up to 10 years after the fact if they feel that you have been fraudulent.
How much income you have to earn before filing a 2012 Income Tax Return is determined by your filing status as Single, Married Filing Joint, Married filing Separate, Head of Household or qualifying widower. Based on your filing status and age if at the end of 2012 you are under 65 or 65 or older, file a return if your gross income was at least $3800 to $19,500.
Yes, by filing a Form 1040X...an amended return. A really pretty easy form to complete.
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Yes, mandatory withdrawals from a 401(k), known as required minimum distributions (RMDs), are considered taxable income in Virginia. When you withdraw funds from your 401(k), the amount is subject to federal and state income taxes. It's important to report these withdrawals when filing your state tax return. Always consult with a tax professional for personalized advice.
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When a person does not file their income tax return every year, there will be a penalty. An income tax shows the amount of how much the person has earned for the year.