If an individual has paid more than enough taxes through withholdings by his employer, he/she should receive a ___?
Refund
What is the name of the form individuals use to file their income taxes each year?
1040
w-2
w-4
1120
Name the 5 filing statuses.
Single, Married filing joint, Married filing separate, head of household, qualifying surviving spouse
What 3 factors determine whether a taxpayer needs to file a return?
Marital status, unearned income, employment status
Filing status, number of dependents, age
Gross income, filing status, age
Gross income, residency, age
