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What do you mean by income tax return?

ITR stands for Income Tax Return. It is a prescribed form through which the particulars of income earned by a person in a financial year and taxes paid on such income are communicated to the Income-tax Department. Frequently Asked Questions - Income Tax Department incometaxindia.gov.in Pages faqs incometaxindia.gov.in Pages faqs

What is Schedule 8812?

Use Schedule 8812 (Form 1040) to figure your child tax credit (CTC), credit for other depend- ents (ODC), and additional child tax credit (ACTC). The CTC and ODC are nonrefundable credits. The ACTC is a refundable credit. Section references are to the Internal Revenue Code unless otherwise noted. 2023 Instructions for Schedule 8812 - IRS irs.gov pub irs-pdf irs.gov pub irs-pdf

What is a 1040?

Form 1040. The IRS 1040 form is one of the official documents that U.S. taxpayers use to file their annual income tax return. The 1040 form is divided into sections where you report your income and deductions to determine the amount of tax you owe or the refund you can expect to receive. What Is an IRS 1040 Form? - TurboTax Tax Tips Videos - Intuit intuit.com tax-tips irs-tax-return wh intuit.com tax-tips irs-tax-return wh

Why is TurboTax asking for 1095 A?

You should receive a Form 1095-A (by mid-February) if you purchased health insurance through Healthcare.gov or your states health insurance marketplace. You need to enter the information from 1095-A into TurboTax, as you wont be able to file Form 8962 and accurately report the Premium Tax Credit without it.

What is the difference between a form and a schedule?

A tax schedule is a tax form that is used to provide more information to the Internal Revenue Service (IRS) or other tax agency about amounts reported on a tax return. Each schedule is specific to a certain aspect of the filing process, and it is submitted in addition to a Form 1040 or 1040-SR. What Is a Tax Schedule? - The Balance The Balance Tax Planning The Balance Tax Planning

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