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PONTIAC CITY COUNCILSTUDY SESSION 7thFebruary 13, 2018 6:00 p.m. Session of the 10th Council It is this Council's mission “To serve the citizens of Pontiac by committing to help provide an enhanced
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To fill out the income tax division, follow these steps:
02
Gather all the necessary documents, such as W-2 forms, 1099 forms, and receipts for deductions.
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Start by providing your personal information, including your name, address, and social security number.
04
Report your sources of income, including wages, self-employment income, and investment income.
05
Enter any deductions you qualify for, such as mortgage interest, student loan interest, and medical expenses.
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Calculate your total income and subtract your deductions to determine your taxable income.
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Use the tax tables or tax software to calculate your tax liability based on your taxable income.
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Report any tax credits you are eligible for, such as the Earned Income Tax Credit or Child Tax Credit.
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Determine if you owe any additional taxes or if you are due a refund.
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Sign and date the income tax division before submitting it to the appropriate tax authority.

Who needs income tax division?

01
Anyone who earns income and meets the filing requirements set by the tax authority needs to fill out an income tax division.
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This includes individuals, self-employed individuals, and businesses.
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Filing income tax division is mandatory for those who exceed the minimum threshold set by the tax authority, even if they don't owe any taxes.
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Additionally, individuals who want to claim tax credits or deductions to reduce their tax liability may also need to file an income tax division.
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Income tax division is the portion of an individual's income that is paid to the government.
Individuals who have earned income are required to file income tax division.
Income tax division can be filled out either online or through paper forms provided by the tax authorities.
The purpose of income tax division is to fund government programs and services.
Income tax division requires reporting of income sources, deductions, and credits.
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