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2. Form 1040 - Wikipedia

   en.wikipedia.org/wiki/Form_1040

   Form 1040, officially, the U.S. Individual Income Tax Return, is an IRS tax form used for personal federal income tax returns filed by United States residents. The form calculates the total taxable income of the taxpayer and determines how much is to be paid to or refunded by the government. Income tax returns for individual calendar-year ...

3. Tax bracket - Wikipedia

   en.wikipedia.org/wiki/Tax_bracket

   If all itemized deductions are added up and it is less than the standard deduction, the standard deduction is taken. In 2007 this was $5,350 for those filing individually and $10,700 for married filing jointly. Personal exemption is a tax exemption in which the taxpayer may deduct an amount from their gross income for each dependent they claim ...

4. Form W-4 - Wikipedia

   en.wikipedia.org/wiki/Form_W-4

   Form W-4 (officially, the "Employee's Withholding Allowance Certificate") [1] is an Internal Revenue Service (IRS) tax form completed by an employee in the United States to indicate his or her tax situation (exemptions, status, etc.) to the employer. The W-4 form tells the employer the correct amount of federal tax to withhold from an employee ...

5. The new 1040 tax form: 4 things you need to know before ... - AOL

   www.aol.com/article/finance/2019/02/05/the-new...

   Everyone will use Form 1040. The new tax form is shorter and simpler than before.. More complicated tax returns will include schedules. The 2017 Tax Cuts and Jobs Act brought a lot of changes to ...

6. What Are the 2020-2021 Federal Tax Brackets and Tax Rates? - AOL

   www.aol.com/finance/2020-2021-federal-tax...

   Here’s what you’ll pay depending on what ... The standard deduction for joint filers increases by $300 over 2020 levels to $25,100 in 2021. ... the personal exemption remains at zero and there ...

7. How To Read a Pay Stub - AOL

   www.aol.com/finance/read-pay-stub-180050139.html

   YTD Net Pay: Amount of total net pay earnings from the first of the calendar year up to and including the pay stub’s pay period Check Number: The check number for the specific payment