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Learn about the various forms and schedules used by the IRS for taxpayers and tax-exempt organizations to report financial information and calculate taxes. Find out the history, purpose, and features of Form 1040, the only form used for personal federal income tax returns since 2018.
Form 1040 is the main tax form filed by U.S. residents for personal federal income tax returns. It calculates the taxable income and determines the refund or payment due. Learn about the filing requirements, modalities, and history of Form 1040.
The Harmonized Tariff Schedule of the United States (HTSUS) is the primary resource for determining tariff classifications for goods imported or exported by the U.S. It has 99 chapters under 22 sections and over 17,000 unique code numbers, based on the international Harmonized System of nomenclature.
Schedule D is an IRS tax form that reports your realized gains and losses from capital assets, that is, investments and other business interests. It includes relevant information such as the total ...
SEP-IRA is a type of Individual Retirement Account that allows employers to contribute up to 25% of employees' wages to their retirement accounts. Learn about the eligibility, contribution limits, tax implications and withdrawal rules of SEP-IRA.
Form 990 is an annual report that provides information about a nonprofit organization's activities, finances, and governance. It is required by most tax-exempt organizations under section 501 (a) of the Internal Revenue Code, and can be filed electronically or by mail.
A comprehensive overview of the American superhero films based on Marvel Comics characters, produced by Marvel Studios and distributed by various companies. Learn about the history, phases, cast, budget, box office, and development of the MCU films.
Learn about the legal and administrative process of removing cannabis from Schedule I of the Controlled Substances Act, which classifies it as having no medical use and high abuse potential. Find out the background, arguments, and outcomes of various petitions, lawsuits, and rulemakings since 1972.