What is a tax return yahoo answers

what is a tax return yahoo answers

tax return?

Dec 24,  · An income tax return is the form (or set of forms) that you file with the government at the end of the year. When you work, your employer holds . Sep 16,  · Mom vanished decades ago, now kids learn she's dead. Despite late start, Naomi Lang made Olympic history. Halle Berry responds to 'disgusting' comments.

There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Whah shutdown and how to download your data on this help page. Does tax return means taking back some of the paid tax? I am an international student. So, I don't really get what people mean by "Income tax return". Please help!!!!!!!!!!

Like everyone else said, an income tax return is the paperwork you must file with the US ta to determine your US income tax liability. Yahoo you're an international student, my guess is reurn you will snswers to file a form NR non-resident return for any income what is rpm in fan you earned while in the United Tac. I'm assuming that you have either a J or F visa.

You will not owe US tax on money you may have earned in your home country. If you were considered to be a US resident, you would pay wjat on your worldwide income. Many people retuen "tax return" when they actually mean the phrase "tax refund. Because ia are an international student, it makes sense to get some professional help if you need to file a return.

Many countries have treaties with the United States concerning the taxation of its people. Make sure you hire someone who is experienced with non-resident returns that will claim any treaty benefits you may be entitled to. Your failure to file the last year's return will not pose any problem to file this year's return. Fill all the columns truthfully. Only if your case comes up for scrutiny Unlikely for a salaried person only then they will ask to see the documents by sending you a routine notice.

So do not worry about the misplaced Policy. He Will do your work for a what is a tax return yahoo answers but you Will be at ease. Tax return preparer Will charge Rs. Whst a rule Salaried class need not worry much hax their tax calculations are what does gts mean on fb straightforward.

The whatt return is all the the pages of the forms and schedules that you whah have to use to correctly complete your federal income tax return and sign and make your self a copy to keep for your use in the future when it may be needed and send your tax return to the correct IRS address.

REFUND amount is what a lot of people mistakenly call a income tax return when it really is a REFUND of an amount of taxes that you may possible qualify to receive get back as a over payment of you income taxes during the year from son of the withheld amount from your gross earnings or other sources of worldwide income or possibly from some of the adjustment to income that would reduce your TAXABLE income amount and that would reduce you federal income tax liability and possibly increase your REFUND amount.

And then you do have the possibility of qualifying for some of the different what is a tax return yahoo answers credits that could be available to you. An income tax return is the form or set of forms that you file with the yahooo at the end of the year. When you work, your employer holds out an estimated amount of whzt and sends it to the government for you with every paycheck. At the end of the year, you fill out your return to calculate the exact amount you owe.

If your employer has held out too much money during the year, you get the extra money back from the government. If your employer hasn't held out enough, you have to send the government the rest of what you owe.

Most people wind up getting a refund. Some people plan their paychecks deliberately so that their employer holds out too much so they'll get a bigger refund at the end. No, this is not a very sensible idea -- but a lot of people retugn it.

The what is a tax return yahoo answers return usually refers to the forms you send to the what is a soul urge number showing how much made, what your deductions are and how much you owe. They are due on 15 April. Sounds like you have a lot better system. What country are you from? Trending News. Amid grocery store boom, workers have suffered.

Queen sits alone as royal family mourns Prince Philip. Yankees fans pelt field with baseballs, halt game. Experts explain. Reality star wishes A-Rod, J. Lo 'the best' amid text drama. CNN anchor fights tears during her final sign-off. Looking for incentive to move? Terry Crews describes how therapy saved his marriage. Link to racism leads to new WNBA jersey being pulled. Bringing home the bacon! Answer Save. Jan Roberg, EA Lv 4. Income Tax Return Definition.

Catherine Lv 4. Bobbie Lv 7. Hope that you find the above enclosed information useful. How do you think about the answers? You can sign in to vote the answer. This Site Might Help You. RE: What is income tax return?

Tom Lv 6. Go to site IRS. GOV and download a Pub 17 and read through it. Still have questions? Reurn your answers by asking now.

Don't forget about stimulus checks

Jul 08,  · Yahoo Products; Trending News. Police: 2 dead in separate shootings in Virginia Beach. Despite late start, Naomi Lang made Olympic history. Tina Turner exits stage with poignant documentary. Krispy Kreme CEO defends COVID vaccine promotion. Pair of . Jul 16,  · A form on which a taxpayer makes an annual statement of income and personal circumstances, used by the tax authorities to assess Source(s): Income Tax Return Filing Process. Jul 05,  · Estimated tax refund = $5, + $ - $1, = $4, (disregard medicare levy and related claim as more information is required). So, to answer your question based on the information given, u cant claim all your tax withholding. the minimum u can claim is the amount of $4, Hope this answer .

There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

I'm filling out my FAFSA on the parent demographic part, and it asks this question about my parent's tax return. An amended tax return means that the original tax return was revised by filing an amended return. Amend means to change the e-filed return that has either been accepted by government. In Tax amendment means we correct our mistake on tax return that have filed by us but we have limited time. If so, look for IRS form X. This is the title of an amended U.

But I would recommend to gain a few more information, I found a good website which lists a lot of good insights regarding tax return, FAFSA, etc.

An amended return is one you file if you made a mistake on your original return and you have to amend it. You can now go online directly to the IRS website www. I have a question, I filed an OIC on a lien on my home after my husband passed away in I received a parshal lien release.

What does "amended tax return" mean? Answer Save. Dave87gn Lv 7. Favorite Answer. How do you think about the answers? You can sign in to vote the answer. Hi, Dave is right, amended means already filed But I would recommend to gain a few more information, I found a good website which lists a lot of good insights regarding tax return, FAFSA, etc.

Most people never need to file one. Just ask your parents if they did. SurfingLisa Lv 4. What is amended tax return? It means you have to amend the original tax return. Show more answers 3. Still have questions? Get your answers by asking now.



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