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990P Formosa No 1545 0052Return of Private FoundationDepartment of the Treasury or Section 4947(AXL) Trust Treated as Private Foundation20155Do not enter social security numbers on this form as it
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How to fill out for calendar year 2015
How to fill out for calendar year 2015
01
Gather all relevant financial documents, such as W-2 forms, 1099 forms, and any other income statements.
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Determine your filing status (single, married filing jointly, etc.) based on your personal situation.
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Decide whether to take the standard deduction or itemize your deductions. The standard deduction amount varies depending on your filing status.
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Calculate your total income by adding up all your sources of income, including wages, salaries, tips, self-employment income, etc.
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Report any adjustments to income, such as student loan interest deductions or retirement contributions.
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Determine your eligible tax credits, such as the Child Tax Credit or the Earned Income Credit.
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Calculate your tax liability using the appropriate tax tables or tax software.
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Subtract any withheld taxes or estimated tax payments you have made throughout the year.
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Compare your tax liability with your withholdings to determine if you owe additional taxes or are entitled to a refund.
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Fill out the appropriate sections of Form 1040 or the applicable tax form for your filing status.
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Double-check all the information before submitting your tax return.
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Attach any necessary schedules or supporting documents and mail your tax return to the appropriate IRS address or file electronically.
Who needs for calendar year 2015?
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Anyone who earned income in the United States during the calendar year 2015 needs to file a tax return.
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This includes individuals, businesses, and self-employed individuals who meet the filing requirements set by the IRS.
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Even if you didn't earn enough to owe any taxes, you may still need to file a return to claim certain tax credits or receive a refund.
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It is important to check the specific filing requirements for your situation to determine if you need to file a tax return for the calendar year 2015.
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