Description and Definition of Form W – 4 This is the form that you fill out and file with your employer so your employer can calculate the amount of tax to withhold from your pay. Resources See Also Further Reading Form W – 4 in the West's Tax Law Dictionary Form W – 4 in "A […]
Description and Definition of Form 1040 The U.S. Individual Income Tax Return Form 1040 is the basic "long" form taxpayers file annually with the Internal Revenue Service. Taxpayers with simple returns can use the "short" Form 1040 A or Form 1040 EZ. Description and […]
Foreign Earned Income Exclusion means:
an allowed exclusion of up to $70,000 of foreign earned income by a qualifying person working abroad for at least 330 full days out of any period of 12 consecutive months. The person must have a tax home in a foreign country and meet either a bona […]
Description and Definition of Form W-2 The form you receive from your employer by January 31st of each year which reports your annual wages, taxes withheld, and other information. Resources See Also Further Reading Form W-2 in the West's Tax Law Dictionary Form W-2 in "A Dictionary […]
Description and Definition of Foreign Housing Exclusion and Deduction You may qualify for this exclusion or deduction if your employer paid for your foreign housing or you were self-employed and you lived and earned income outside the United States. Resources See Also Further Reading Foreign […]
Description and Definition of Form 1040EZ The U.S. Individual Income Tax Return Form 1040EZ is the "shortest" "short" form version of Form 1040. It's used by taxpayers with no deductions, no adjustments to income, income of only wages, interest, or unemployment […]
Description and Definition of FMS The Department of Treasury's Financial Management Service (FMS), which issues IRS tax refunds, has been authorized by Congress to conduct the Treasury Offset Program. Through this program, your Federal tax refund or overpayment you asked the IRS to apply […]
Description and Definition of File a Return The act of sending to the appropriate taxing authority your completed tax forms. Resources See Also Further Reading File a Return in the West's Tax Law Dictionary File a Return in "A Dictionary of Taxation"
Description and Definition of Formal Tax Legislation Process The process of Congress passing a tax bill and the President signing it into law. Resources See Also Further Reading Formal Tax Legislation Process in the West's Tax Law Dictionary Formal Tax Legislation Process in "A […]
Employer Provided Insurance Offer and Coverage I.R.S. Form 1095-C Issue You may find information about Employer Provided Insurance Offer and Coverage I.R.S. Form 1095-C in this Tax Platform of the American Encyclopedia of Law.