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: a period of time used as the basis of tax computation that is usually the annual accounting period of a calendar year or fiscal year. called also tax year.
What is the IRS definition of taxable year?
Section 441(b) and 1.441-1(b)(1) provide that the term taxable year generally means the taxpayers annual accounting period, if it is a calendar year or fiscal year, or, if applicable, the taxpayers required taxable year.
How to file a 2012 tax return?
In order to file a 2012 IRS Tax Return, download, complete, print, and sign the 2012 IRS Tax Forms below and mail them to the address listed on the IRS and State Forms. Select your state(s) and download, complete, print, and sign your 2012 State Tax Return income forms.
How do I know my taxable year?
A tax year is usually 12 consecutive months. There are two kinds of tax years: Calendar Tax Year: This is a period of 12 consecutive months beginning January 1 and ending December 31; or. Fiscal Tax Year: This is a period of 12 consecutive months ending on the last day of any month except December.
What is individual taxable year?
The United States tax year generally is the same as the calendar year, or 1 January through 31 December.
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People also ask
What is individual taxable?
An individual income tax (or personal income tax) is levied on the wages, salaries, investments, or other forms of income an individual or household earns. The U.S. imposes a progressive income tax where rates increase with income.
What is the standard deduction for a single person in 2012?
The filing status for this option is Married Filing Separately. For 2012, the standard deductions are $11,900 for married couples filing jointly, $5,950 for married couples filing separately and singles, and $8,700 for heads of household.
What form is an individual tax return?
Use Form 540 to file California resident income tax return.
Related links
US Individual Income Tax Return 2012
Attach Form(s). W-2 here. Also attach Forms. W-2G and. 1099-R if tax was withheld. If you did
We offer several ways for you to obtain Maryland tax forms, booklets and instructions: Download them. You can download tax forms using the links listed below.
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