answersLogoWhite

0


Best Answer

W-2

User Avatar

Wiki User

6y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What form is required in order to calculate federal income tax?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Accounting

Can you file a state return but not federal?

In most states, yes. Since many states have a lower filing requirement than the federal government, this is not uncommon. Also, if you had state tax withheld but not federal tax but are otherwise below the filing threshold, you might want to do this. Note however that most states base their income taxes on your federal tax in some way, so you are probably going to have to fill out a federal tax form in order to calculate your state taxes even if you are not required to file it.


Do you have to file a federal income tax return if you only made less than 3000?

Usually no. If you're Single under 65 and your gross income is under $8,950 for 2008 (under $9,350 for 2009), then you aren't required to file. However, even if you're not required to file, you should file if income tax was withheld from your paychecks in order to receive a refund of that tax. You also should file if you're eligible for certain tax credits such as earned income.


I have Form 1099R in my posession, which Form do I need to file my information in order to receive my federal income taxes withheld?

I have Form 1099R in my posession, which form o I need to file my information in order to receive my federal income taxes with held?


Why do state governments and the federal government collect taxes?

In order to maintain federal programs (health care, military costs, social security, ect.), each citizen is required to pay a portion of their income in order to keep these very expensive programs running. Each state in turn has their own individual programs which fall strictly under state jurisdiction (not under federal control) and thus states also tax citizens in that state to support their own programs.


What requires you to file a tax return?

To determine if you are required to file a federal income tax form, see Tables 1, 2, and 3 on pages 2, 3, and 4 of Publication 501: State income tax requirements are different than federal. You should consult the instructions that come with your state tax forms or you might be able to find the information on your state tax department's web site. Even if you are not REQUIRED to file, if you had tax taken out of your salary, pension, Social Security, or other payments, you should file in order to get a refund.

Related questions

In order to compute the income taxes you owe the federal government this year your employer is required to give you?

You need a W-2 form.


In order to compute the income taxes you owe the federal government this year your employer is required to give you what form?

You need a W-2 form.


Can you file a state return but not federal?

In most states, yes. Since many states have a lower filing requirement than the federal government, this is not uncommon. Also, if you had state tax withheld but not federal tax but are otherwise below the filing threshold, you might want to do this. Note however that most states base their income taxes on your federal tax in some way, so you are probably going to have to fill out a federal tax form in order to calculate your state taxes even if you are not required to file it.


In order to pay for the civil war what did Congress establish?

federal income tax, dude.


How does a person with no income claim income and get taxes back is it illegal?

Yes, lying to the federal government in order to defraud them of money is illegal. And stupid; employers are required to send info to the IRS, so if you're claiming income they have no record of for a refund of taxes they have no record of you paying, they're going to get at least a little suspicious.


Do you have to file a federal income tax return if you only made less than 3000?

Usually no. If you're Single under 65 and your gross income is under $8,950 for 2008 (under $9,350 for 2009), then you aren't required to file. However, even if you're not required to file, you should file if income tax was withheld from your paychecks in order to receive a refund of that tax. You also should file if you're eligible for certain tax credits such as earned income.


I have Form 1099R in my posession, which Form do I need to file my information in order to receive my federal income taxes withheld?

I have Form 1099R in my posession, which form o I need to file my information in order to receive my federal income taxes with held?


How many states were required to be present at the Federal Convention in order to meet a quorum?

2


What is the order that an individual pays federal income tax?

!.estimate 2.tax refund 3.tax payment


What the order that an individual pays their federal income tax?

!.estimate 2.tax refund 3.tax payment


What is the order that an individual pay their federal income tax?

!.estimate 2.tax refund 3.tax payment


What percentage can a company garnish an employee's wages?

First, a company can not garnish an employee's wages. A court order is required to begin a garnishment of wages which a company is legally required to follow. Federal law mandates that a maximum of 60% of an employee's income can be garnished. This amount is determined by a judge and varies from situation to situation.