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Standard Deduction and Tax Computation Time Required: 1545 minutes Introduction Objectives This is the first of eight lessons that cover the Tax and Credits section of the return. This lesson teaches
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This is form first is a report that must be filed with the IRS to report certain income and expenses.
Individuals and businesses who have received income or incurred expenses that need to be reported to the IRS.
The form can be filled out online on the IRS website or by hand and mailed to the IRS.
The purpose of this form is to report income and expenses to the IRS for tax purposes.
Income, expenses, and other relevant financial information must be reported on this form.
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