Report on interest income sent from the bank to both the IRS and the taxpayer for savings account interest.
Report of income made to the IRS and the taxpayer for any moner paid by the job, instead of as a salaried employee.
a tax on employees and employers that is used to fund the Social Security system
the total amount of income from wages before any payroll deductions
a personal tax levied on annual income
an amount set by the IRS on which no taxes are paid.
A reveiw of a tax return by the Irs in which the taxpayer must show proof of all deductions, expenses, and income.
A number that includes the taxpayer and any dependents. Because most teens are listed as dependents on their parents taxes, their tax exemption is 0.
A check returning the taxpayers money to the taxpayer after tax retuns are filed and the over paid tax is determined.
The table in the 1040EZ booklet showing levels of income on one side and the tax owed on the other side.
Report sent from the eployer to both the IRS and the employee, showing gross income, total taxes paid, and total voluntary deductions.
The withholding form each new employee fills out, stating the number of exemptions. the more exemptions listed, the less withholding tax will be taken from the paycheck.
the excess of revenues over outlays in a given period of time (including depreciation and other non-cash expenses)
The quick tax form most often used, in paper or online, for thos with uncomplicated tax situations.