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Publication 501 Contents Exemptions, Standard Deduction, and Filing Information What's New Cat. No. 15000U Department of the Treasury Internal Revenue Service For use in preparing 2012 Returns ..................
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What is publication 501 - irs?
Publication 501 from the IRS explains the standard deductions for taxpayers who are eligible to claim them.
Who is required to file publication 501 - irs?
Taxpayers who want to take a standard deduction on their tax return are required to refer to Publication 501 to determine the appropriate amount.
How to fill out publication 501 - irs?
Taxpayers can fill out Publication 501 by following the instructions provided in the publication and applying the standard deduction amount as applicable to their filing status.
What is the purpose of publication 501 - irs?
The purpose of Publication 501 is to guide taxpayers on how to claim standard deductions on their tax returns accurately and in accordance with IRS rules.
What information must be reported on publication 501 - irs?
Taxpayers must report their filing status, standard deduction amount, and any other relevant information required to claim the standard deduction accurately.
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