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CT 10U Consumers Compensating Use Tax Returns and Instructions Rev 1 23 2021

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hey there youtube so in this video i wanted to cover the irs cp 10 notice uh this is a very common notice that goes out after taxpayers file their form 1040s uh the notice is basically bringing to your attention that the irs has adjusted the amount of tax refund or credit roll forward that you will be getting on your tax return it's a notice that automatically goes out and it's mostly attributed to taxpayers basically incorrectly reporting how much tax credits they have or how much an estimated payments they had or in federal income tax withholding so the best way to kind of cover this is look at an example here so we have john here he's a single filing taxpayer he makes 100 grand a year from his w-2 job and then he has a rental property that does 20 000 per year net income so because he has this extra income he makes estimated tax payments during the year to cover that extra tax liability on the 20k um so he believes that based on 20k in income he's going to owe an extra 4 000. so joh

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Video instructions and help with filling out and completing CT 10U Consumers Compensating Use Tax Returns And Instructions Rev 1 23 Form

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How to create an eSignature for the ct 10u consumers compensating use tax returns and instructions rev 1 23

How to create an electronic signature for a PDF online

How to create an electronic signature for a PDF in Google Chrome

How to create an e-signature for signing PDFs in Gmail

How to create an e-signature right from your smartphone

How to create an e-signature for a PDF on iOS

How to create an e-signature for a PDF on Android

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