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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
Do you have to pay federal taxes if you get eic through out the year?
You will HAVE to file your 1040 federal income tax correctly and completely for this purpose when you have received some advance EITC payment through out the year.
When you get to the last lines on your 1040 federal income tax return you will know the correct answer if you end up with an amount on the LINE AMOUNT YOU OWE.
W-2 Box 9. Enter this amount on the advance earned income credit
payments line of your Form 1040 or Form 1040A.
Is there a home exemption tax in California?
YES. The below information comes from the RETIREMENTLIVING com website
California Property Taxes
Property is assessed at 100% of full cash value. The maximum amount of tax on real estate is limited to 1% of the full cash value. Under the homestead program, the first $7,000 of the full value of a homeowner's dwelling is exempt. The Franchise Tax Board's Homeowner Assistance program, which provided property tax relief to persons who were blind, disabled, or at least 62 years old, and met certain minimum annual income thresholds, has been halted. The state budgets approved for the 2008/2009 and 2009/2010 fiscal years deleted funding for this Homeowner and Renter Assistance Program that once provided cash reimbursement of a portion of the property taxes that residents paid on their home. For more information, call the Franchise Tax Board at 1-800-852-5711, or visit
www.ftb.ca.gov/individuals/hra/index.shtml.
What is forms in file processing?
File processing would mean that the file is being checked out looked at to make sure that the file is correct before the processing will be finished with for that file before it will be accepted as being correct as it was filed.
For the 2009 1040 federal income tax return the due date with the approved extension is October 15 2010 and if you qualify you can still file it online for free by going to the IRS gov website and use the search box for Free File
Prepare and file your federal income taxes online it's easy and it's free!
How do you file for taxes when you are married but separated?
Only IF in the state that that you are a resident of IF you are legally separated on the last day of the year, you should file either as single or as Head of Household (if you have children that live with you for more than 50% of the year).
Other wise your filing status would be married filing joint or on a separate 1040 federal income tax return MARRIED FILING SEPARATE.
Form 1120 is the form that C-corporations use to file their business returns.
Form 1120s is used by S-corporations.
How much tax need to be withheld from income being a car salesman?
IF you are a employee with an employer you should get the correct amounts from your employer payroll department. They would be the one that know all of the necessary withholding amounts that they will be required to withhold from your gross earnings as a car salesman.
IF you are receiving 1099-MISC income you are being treated as a independent contractor self employed and you will be responsible for all of your self employment taxes plus your income tax on your net profit from your business operation as a car salesman.
What happens if you forget to file your state income taxes?
If you do NOT get it filed to your state it possible that you will be receiving a bill form the state tax department at some time in the future with the amount if any of past due taxes plus the penalties and interest that will be due when your do receive the bill it could be 2 or 3 years or less than that before you get the bill from the state.
Is VA Disability considered tax exempt?
VA Disability Benefits You do NOT include disability benefits you receive from the U.S. Department of Veterans Affairs (VA) in your gross income. In particular some of the payments which are considered disability benefits include:
*.Disability compensation and pension payments for disabilities paid either to veterans or their families,
*.Grants for homes designed for wheelchair living,
*.Grants for motor vehicles for veterans who lost their sight or the use of their limbs, or
*.Benefits under a dependent-care assistance program.
The VA publishes an annual benefits booklet, a comprehensive guide for Federal Benefits for Veterans, Dependents and Survivors.
If you are a military retiree and receive your disability benefits from the VA, go to IRS gov web site and use the search box for IRS Publication 525 for more information.
iam not sure about the answer
1.income tax
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3.indirect tax
4.corpration tax
Where can you get a replacement T4 slip?
You should be able to get a copy from the employer or payer of the funds by contacting them.
T-4 slip a form that states the wages paid to and taxes withheld from an employee.
Do you have to file taxes on retirement in Virginia?
Yes and it is possible for some of the retirement income to be taxable income in Virginia.
How do you write a letter to request for tax exemption?
For a charitable organization exemption from federal income taxes you would use the Forms 1023, 1024, 1028 letters.
Form 1023 and its instructions are available for download by going to the IRS gov website and using the search box. The revised printed Package 1023 (Form 1023 and Instructions for Form 1023) is available by calling toll-free 1-800-829-3676. July 29 2010.
Can other people get your tax return info?
Not without your signed authorization for that purpose.
The below information comes from is available at the IRS gov web site.
Use the search box for Publication 1 or you can click on the below related link.
The IRS will not disclose to anyone the information you give us, except as authorized by law. You have the right to know why we are asking you for information, how we will use it, and what happens if you do not provide requested information.
You didn't get a 1099 do you still have to report the income?
Yes you are required all of your gross worldwide income on your 1040 income tax return.
Do you have to attach a 1099 to your 1040 IRS form?
When you are mailing your correctly completed income tax return to the correct mailing address YES you should attach the federal copy to your paper copy income tax return that you are mailing.
What tax form should you file for a childcare provider?
Employer reporting wages and withheld tax amounts to an employee childcare provider the Tax information form would be the W-2 form for the employee and the IRS and the state and local taxing district would each get their copy of this W-2 form.
Go to the IRS gov web site and use the search box for Publication 15 Employers Tax Guide
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How to find a copy of the form 1098 your bank filed with the IRS?
Call the bank's customer services department. They will be able to reproduce a copy, but it may take a day or two to find it in their archives.
Do you have to file an extension if no taxes are due?
No it is not necessary to file for an extension when no taxes are due or you would be due a refund.
What happens if you send your tax files after April 15?
When you owe taxes you will be charged penalties and interest on the past due amount after April 15 2010.
Go the IRS gov web site and use the search box for Filing Late and/or Paying Late
How much its the penalty and interest in you federal taxes when you do't due april15?
April 15th is the deadline for most people to file their individual income tax return and pay any tax owed. Tax returns are checked for mathematical accuracy. If there is any money owed, you will be sent a bill. Generally, interest is charged on any unpaid tax from the due date of the return until the date of payment. The interest rate is determined quarterly and is the federal short-term rate plus 3 percent. Interest is compounded daily. If you file on time but don't pay all amounts due on time, you'll generally have to pay a late payment penalty of one-half of one percent of the tax owed for each month, or part of a month, that the tax remains unpaid from the due date, until the tax is paid in full or the 25% maximum penalty is reached. The one-half of one percent rate increases to one percent if the tax remains unpaid 10 days after the IRS issues a notice of intent to levy. For individuals who file by the return due date, the one-half of one percent rate decreases to one-quarter of one percent for any month in which an installment agreement is in effect.
If you owe tax and don't file on time, the total late-filing penalty is usually five percent of the tax owed for each month, or part of a month that your return is late, up to five months. If your return is over 60 days late, the minimum penalty for late filing is the smaller of $100 ($135 for returns required to be filed after December 31, 2008) or 100 percent of the tax owed.
You must file your return and pay your tax by the due date to avoid interest and penalty charges.
Go to the IRS gov web site and use the search box for Topic 653 - IRS Notices and Bills, Penalties and Interest Charges
Or you can click on the below related link
If you file your taxes late can you still get a return?
Yes when you are due a refund you have up to 3 years from the due date of the income tax return to file your income tax return and get any refund that may be due. After that time period the refund amount is lost and no longer available to you.
