TAX FORMS
This form is used by employers to show the number of wages that were paid to their employees and the amount of federal and state taxes withheld
What is form W2
This Schedule is used by independent contractors, sole proprietors, and persons that are in business for themselves to report their income and losses for the year
What is Schedule C?
What is Failure to File Penalty?
This income if the IRS definition of ALL sources of income before any deductions are taken out.
What is gross income?
This Credit is partially refundable and granted to taxpayers with dependent children under the age of 17.
What is Child Tax Credit?