Annual Taxes - Humor In The Drudgery

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One more week until Tax Night out. Have you filed yours yet? I haven't (probably should aboard that, actually), and when I read in USA Today that roughly 47% of Americans won't even have to worry about paying federal income taxes, I start to wonder if I should even bother. Oh sure, there's the threat of prison time for tax evasion, but really, what's the point if half the damn country isn't going expend up and jump off scot-free?

Julie's total exclusion is $94,079. American expat tax return she also gets declare a personal exemption ($3,650) and standard deduction ($5,700). Thus, her taxable income is negative. She owes no U.S. taxing.

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The taxes transcript shows line items from any one of the three types of forms for filing a federal return. May possibly the 1040 EZ, 1040A and the form 1040. All the tax return transcript would be sufficient transfer pricing if you need proof to go for a house loan.

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