Individual Income Tax Definition Quizlet
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2 estimated tax payments the taxpayer makes for the year paid directly to the irs and 3 taxes the taxpayer overpaid on the prior year tax return that the taxpayer elects to apply as an estimated payment for the current tax year instead of receiving the overpayment as a refund.
Individual income tax definition quizlet. Learn income tax with free interactive flashcards. Learn individual income tax with free interactive flashcards. Choose from 500 different sets of individual income tax flashcards on quizlet. Standard deduction a dollar amount that a taxpayer must exceed in income to be required to file a tax return.
Choose from 500 different sets of income tax flashcards on quizlet. 1 withholdings or income taxes withheld from the taxpayer s salary or wages by her employer.
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