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Privacy Impact Assessment for NonMinistry Public BodiesA IN C IT TI IA VE TI VETable of Contents PART 1: GENERAL INFORMATION ................................................................................................................
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The 'IT-1040' or 'individual income tax return' is the form used by individuals to report their income, calculate their tax liability, and request any refunds.
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Individuals with a certain level of income, self-employed individuals, and those who owe special taxes are required to file the individual income tax return (IT-1040).
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The purpose of the IT-1040 is to report an individual's income to the tax authorities, calculate the tax owed or due for refund, and comply with tax laws.
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Individuals must report personal information, total income, adjustments to income, standard or itemized deductions, tax credits, and the amount of tax owed or refund due on the IT-1040.
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