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2. IRS Tax Brackets: Here’s How Much You’ll Pay in ... - AOL

   www.aol.com/finance/irs-tax-brackets-much-ll...

   For tax year 2020, the standard deduction rises from 2019 levels to $12,400 for single filers, $24,800 for married filing jointly, $12,400 for married filing separately and $18,650 for heads of ...

3. What Is the 1040 and What’s the Difference Between the 1040 ...

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   Tax Schedules to Use in Addition to Form 1040. Schedule. Criteria. Schedule 1 (Additional Income and Adjustments to Income) Use this schedule to report items such as: capital gains, unemployment ...

4. 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 ...

5. IRA taxes: Key rules to know and how much you can ... - AOL

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   Yes. Qualified distributions are tax-free. As shown in the table, traditional IRA accounts allow you to contribute with pre-tax income, so you don’t pay income tax on the money that you put in ...

6. Earned income tax credit - Wikipedia

   en.wikipedia.org/wiki/Earned_income_tax_credit

   The United States federal earned income tax credit or earned income credit ( EITC or EIC) is a refundable tax credit for low- to moderate-income working individuals and couples, particularly those with children. The amount of EITC benefit depends on a recipient's income and number of children. Low-income adults with no children are eligible. [1]

7. IRS tax forms - Wikipedia

   en.wikipedia.org/wiki/IRS_tax_forms

   As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for person. ) 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.