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BROCKTON ROCKET OF MIDDLE TENNESSEE 62-1571573 PLATFORM VERSION: 08.5.2 N FEDERAL VERSION:08.5.5 IN 2008 Federal Diagnostics PREPARED BY: PENELOPE D. WILSON, CPA 11/10/2009 03:41 PM WILSON CRITICAL
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How to fill out US tax return?
01
Gather all necessary documents such as W-2s, 1099s, and receipts.
02
Choose the appropriate IRS form based on your filing status (e.g., Form 1040, 1040A, or 1040EZ).
03
Provide personal information, including your name, address, and social security number.
04
Determine your filing status (e.g., single, married filing jointly, head of household).
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Calculate your total income by adding up all sources of income, including wages, self-employment earnings, and investment gains.
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Claim eligible deductions and exemptions to reduce your taxable income, such as student loan interest, mortgage interest, or medical expenses.
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Determine your tax liability by applying the appropriate tax rates to your taxable income.
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Check if you qualify for any tax credits, such as the earned income tax credit or the child tax credit, to further reduce your tax liability.
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Fill out the necessary schedules and forms to report additional income or deductions, if applicable.
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Review your completed tax return for accuracy and sign it before submitting it to the IRS.
Who needs US tax return?
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US citizens who had a gross income above a certain threshold (determined by the IRS) during the tax year.
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Resident aliens who meet the income requirements set by the IRS.
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Non-resident aliens who earned income from US sources during the tax year and are required to file a US tax return.
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