Basic Tax Questions
What is the most basic tax form you need to file your taxes?
A W-2 form from each employer.
What is direct tax that's levied on income of a person?
Personal Tax
Form 1040-SR can be used by seniors 65 and older filing a paper return.
What is the range of incomes subject to a certain income tax rate?
Tax Bracket
Can you get tax forms at the post office?
Nooooo, Post Offices do not have tax forms available for customers.
The amount of money a taxpayer can subtract from taxes owed to the government is called what?
Tax Credit
The Federal Unemployment Tax Act.
Savings on a taxpayer's liability is called what?
Tax Break
What is FICA?
The Federal Insurance Contributions Act
Gift made by an individual or an organization to a nonprofit organization, charity or private foundation.
Charitable Donation