BUISENESS MANAGEMENT
TAXES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Most of the information required for filling out a form 1040 is found on which document?
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W-2 Form
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W-4 Form
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Certificate of Allowances
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None of the above
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Explanation:
Detailed explanation-1: -The 1040 tax form is the standard form issued by the Internal Revenue Service (IRS). Use the 1040 form to report your tax information. Also, you will need to report any deductions and credits you are eligible to claim on the 1040 form.
Detailed explanation-2: -No, your W-2 and 1040 are different forms. A W-2 is the form that your employer will send to you with information on your income and tax rate, while a 1040 form is the form that you fill out and send to the IRS when filing your taxes.
There is 1 question to complete.