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Tax Forms

Various forms used by the IRS in conjunction with income taxes such as W-2, W-4, W-9, 1040, 1098, and 1099

3,047 Questions

What is natural income?

Natural income refers to income that is derived from the natural resources and assets of an individual or entity without the need for labor or additional investments. Examples of natural income include rent from land, royalties from mineral rights, or dividends from investments.

What does the word stimulus mean?

A stimulus is basically considered to be a detectable change inside or outside the body. If you sit quietly for a while, and then a loud noise goes off, that is a change from the quiet state, and therefore considered a stimulus. You most likely will jump.

But if you get used to that loud noise, then you have adapted to it and it no longer triggers a response, it is no longer a stimulus; it is not changing.


Basically something which urges a response is called a stimulus.

Is it a law that form 4506-t is required?

No, it is not a law that Form 4506-T is required. However, it may be requested by financial institutions or government agencies to obtain a transcript of your tax return history for verification purposes.

What law introduced a version of the modern income tax on personal earnings?

The 16th Amendment to the United States Constitution, ratified in 1913, introduced the modern income tax on personal earnings. This amendment granted Congress the power to levy an income tax without apportioning it among the states based on population.

Can you claim an ex-convict that is not related to you and you support as your dependent?

This could be possible. Only if all of the rules are met by you and the adult for you to be able claim a dependency exemption on your 1040 income tax return for this purpose.

For all of the rules go to the IRS gov website and use the search box for PUBLICATION 17 go to chapter 3. Personal Exemptions and Dependents

Each test is explained in chapter 3 of the publication 17 and you will also find the worksheet that you can use to determine if the support test is met.

Can you claim a dependent in jail on your taxes?

The IRS accepts certain temporary absences in meeting requirements for the amount of time your dependent lived with you. Temporary absences are allowed for special circumstances. These exceptions include school, vacation, business, medical care, military service, or detention in a juvenile facility.

Can I claim a dependent who is in jail as a dependent on my tax form?

A Qualifying Child dependent must have lived over half of the year in your household (residence requirement). You also must have provided more than half of their support. Certain temporary absences are allowed in calculating the residence requirement. Acceptable temporary absences include vacation, school, and detention in a juvenile facility.

How do you get a free will and testament form?

It will depend on your jurisdiction. Some states have a statutory will, it allows you to fill in the blanks and have a valid will. There are many packages available and some are offered free online.

How can you be emancipated if your parents will not sign the forms?

You can't. If you live in a state that requires parental consent for emancipation, the court cannot force a minor's parents to agree to the action. In cases of abuse or neglect the state's division of children's protective services will investigate the charges and if it is found necessary the case will be heard by a judge who will decide what if any action should be taken to remove the parents of their rights to the child. When parental rights are terminated the child is placed in the custody of the state and appointed a guardian or placed in a foster home.

Is state pension unearned income for tax purposes?

Yes, state pension is considered unearned income for tax purposes. It is subject to federal income tax, but may not be subject to Social Security and Medicare taxes. State tax laws may vary on how state pension income is treated for tax purposes.

Do the elderly have to file income tax forms?

Whether or not the elderly have to file income tax forms depends on their specific income level and sources. In general, if an elderly individual's income exceeds certain thresholds set by the IRS, they would be required to file a tax return. It's recommended that they consult with a tax professional or use the IRS guidelines to determine their filing requirements.

Is the ssa 1099 form sent to the disabled persons address?

Yes, the SSA-1099 form is typically sent to the disabled person's mailing address that is on file with the Social Security Administration. It reports the total amount of benefits received during the tax year and is used for tax purposes.

Do you have to file income tax if you are age 83?

The age of 83 does not exempt someone from filing income taxes. Whether or not you need to file depends on your total income for the year, including social security benefits and retirement distributions. It is advisable to consult with a tax professional for personalized advice.

Do i have to file taxes if i am a disabled person over age 65?

Yes it is possible that you could meet the must file a income tax return requirement even when you are over age 65 and disabled.

A self employed taxpayer would be required to file an income tax return if business operation had a net profit of 400 and pay the social security and Medicare taxes that would be due plus any income tax that may be due after adding the net profit to all other gross income on the 1040 tax form and the amounts would be subject to income tax at the marginal tax rates.

A dependent on another taxpayer income tax return with unearned income interest, dividends, capital gains, rental income, taxable social security benefits, unemployment compensation, gambling winning and misc income, etc of more than 950 must file an income tax return and report all worldwide income on the 1040 tax return

The must file an income tax return requirement for the year 2009 would be in the 2009 1040 instruction book starting on page 7 through 9 and the book is available at the enclosed web site.

Go to the IRS gov web site and use the search box for 1040 and choose instruction

Filing Requirements

Do You Have To File

Must an 88 year old file taxes?

If you are unmarried and at least 65 years of age, then you must file an income tax return if your gross income is $11,500 or more. However, if you live on Social Security benefits, you don't include this in gross income. If this is the only income you receive, then your gross income equals zero, and you don't have to file a federal income tax return. But if you do earn other income that is not tax-exempt, then each year you must determine whether the total exceeds $11,500. If you are married and file a joint return with a spouse who is also 65 or older, you must file a return if your combined gross income is $22,400 or more. If your spouse is under 65 years old, then the threshold amount decreases to $21,200. Keep in mind that these income thresholds only apply to the 2013 tax year, and generally increase slightly each year.

Do retirees over 65 have to file income tax?

It depends on their income level. Retirees over 65 may have to file income tax if their income exceeds certain thresholds set by the IRS. Social Security benefits may also be taxable depending on the total income. It is recommended to consult with a tax professional for personalized advice.

What is the 2008 standard deduction if you're over age 65?

If you're over age 65, you should fill out the Standard Deduction Worksheet for Line 40 of Form 1040 for 2008 returns. It's on page 35. The standard deduction for Single for 2008 is $5,450 ($5,700 for 2009). Add $1,350 for Single over 65 (same amount for 2009). Your total standard deduction for 2008 is $6,800 ($7,050 for 2009).

For more information, go to www.irs.gov/formspubs for Publication 501 (Exemptions, Standard Deduction, and Filing Information) and Publication 554 (Tax Guide for Seniors).

How does a 65 year old citizen fill out tax Form 8606?

Form 8606 is Nondeductible IRAs. Form 8606 is used to report several situations.

One, nondeductible contributions made to a traditional IRA.

Two, distributions from IRAs (traditional, SEP, SIMPLE) if nondeductible contributions were ever made to traditional IRAs.

Three, distributions from Roth IRAs.

Four, conversions from IRAS (traditional, SEP, SIMPLE) to Roth IRAs.

Nondeductible contributions already have been taxed. So it's important to file Form 8606 to report nondeductible contributions so that you won't be taxed twice on the same money when you start receiving distributions from that IRA.

There's a $50 penalty for not filing Form 8606 if you're required to do so. There's also a $100 penalty for overstating your nondeductible contributions.

For more information, go to www.irs.gov/formspubs for Publication 590 (Individual Retirement Accounts).

How do you compute line 2 of Schedule A on Form 1065?

Form 1065 is U.S. Return of Partnership Income. Schedule A (Cost of Goods Sold) is the first section on page 2 of Form 1065. Line 2 of Schedule A is labelled Purchases less cost of items withdrawn for personal use. You'll find the cost of these items in box 19 of Schedule K-1 (Partner's Share of Income, Deductions, Credits, etc.), having Code B for distributions to partners.

Perhitungan PPh pasal 21 dengan tarif baru?

Misal, Si A dengan gaji 1.750.000 perbulaan berapa PPH 21 yang harus dibayar? dengan ketentuan pajak ditanggung perusahaan atau pemberi kerja....

How can i get my w-2 form from beall's outlet?

Need my w-2 mail to me at 601 Starkey Road lot 32 largo Florida 33771 Margarita Negron store 385

Can you get your w2 online for California pizza kitchen?

No, you cannot get a W2 online from California Pizza Kitchen. The best way to get a W2 is to contact the corporate office.

Is it possible to find my w2 form online?

Yes, it is possible to find my w2 form online to see what I have been paid by my employer and what tax I have paid but only if your employer has a third party company to provide that information online.