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2. Standard deduction - Wikipedia

   en.wikipedia.org/wiki/Standard_deduction

   Standard deduction. Under United States tax law, the standard deduction is a dollar amount that non- itemizers may subtract from their income before income tax (but not other kinds of tax, such as payroll tax) is applied. Taxpayers may choose either itemized deductions or the standard deduction, [ 1] but usually choose whichever results in the ...

3. Federal Unemployment Tax Act - Wikipedia

   en.wikipedia.org/wiki/Federal_Unemployment_Tax_Act

   The Federal Unemployment Tax Act (or FUTA, I.R.C. ch. 23) is a United States federal law that imposes a federal employer tax used to help fund state workforce agencies. Employers report this tax by filing Internal Revenue Service Form 940 annually.

4. What Is the Standard Deduction Amount for 2022-2023 and ... - AOL

   www.aol.com/difference-between-standard...

   Here are the standard deductions for the 2022 and 2023 tax years: Single: $12,950 for 2022, $13,850 for 2023. ... You can itemize deductions by filing Schedule A, Form 1040, Itemized Deductions ...

5. IRS tax forms - Wikipedia

   en.wikipedia.org/wiki/IRS_tax_forms

   1040. As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.

6. Your State Refund Could Be Taxable: 2 Ways To Avoid ... - AOL

   www.aol.com/finance/state-refund-could-taxable-2...

   1. Take the Standard Deduction. ... The previous year’s federal Form 1040 and Schedule A if you itemized deductions that year. The current tax year’s Form 1040 with Schedule A Worksheet.

7. IRS warns of inaccurate tax forms for the Child Tax Credit - AOL

   www.aol.com/finance/irs-warns-inaccurate-tax...

   The incorrect forms underscore the pressure the chronically understaffed IRS is facing as it distributes two new forms to taxpayers — the Letter 6419 and the Letter 6475 for the third stimulus ...