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How to fill out 2018 tax return

How to fill out 2018 tax return

1. Gather all the required documents such as W-2 forms, 1099 forms, and any relevant receipts or records of deductions.
2. Determine your filing status - single, married filing jointly, married filing separately, head of household, or qualifying widow(er).
3. Calculate your total income, which includes wages, self-employment income, rental income, and any other sources.
4. Deduct any eligible expenses or deductions, such as mortgage interest, student loan interest, and medical expenses.
5. Determine whether you can take the standard deduction or itemize your deductions based on your specific situation.
6. Fill out the appropriate forms, such as Form 1040 or Form 1040A, based on your filing status and the level of complexity of your return.
7. Double-check all the information you've entered, ensuring accuracy and completeness.
8. Sign and date your tax return, either electronically or by mail if filing a paper return.
9. Pay any taxes owed or request a refund if applicable.
10. Keep a copy of your tax return and all supporting documents for your records.

Who needs 2018 tax return?

1. Anyone who has earned income, received unemployment benefits, or had federal income tax withheld from their pay in 2018 needs to file a tax return.
2. Additionally, individuals who received Social Security benefits, had self-employment income, or received distributions from a retirement account may also need to file a tax return.

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What is tax return - public?

A tax return is a form that individuals, businesses, and other entities use to report their income and calculate the amount of tax they owe to the government.

Who is required to file tax return - public?

Individuals, businesses, and other entities are required to file a tax return if they have income that is subject to taxation.

How to fill out tax return - public?

Taxpayers can fill out a tax return by providing information about their income, deductions, credits, and any other relevant financial information as requested on the form.

What is the purpose of tax return - public?

The purpose of a tax return is to report income, calculate tax liability, and determine if a taxpayer is entitled to a refund or if they owe additional taxes.

What information must be reported on tax return - public?

Taxpayers must report all sources of income, deductions, credits, and any other information required by the tax authorities on their tax return.