
Schedule 4 Form 8849 Rev
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People also ask
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Who needs to file a quarterly federal excise tax return?
Businesses that are subject to excise tax generally must file a Form 720, Quarterly Federal Excise Tax Return to report the tax to the IRS. Many excise taxes go into trust funds for projects related to the taxed product or service, such as highway and airport improvements. Excise taxes are independent of income taxes.
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Who must file form 8849?
The following entities are generally eligible to file Form 8849: **Businesses: **Any business entity, including corporations, partnerships, limited liability companies (LLCs), sole proprietorships, and other types of businesses, can file Form 8849 if they have paid excise taxes in excess or erroneously.
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What is the IRS Schedule 4 form?
Beginning with the 2022 tax year, you won't find a separate Schedule 4 as it was consolidated into other forms to simplify the filing process. IRS Form 1040 Schedule 4 does not cover deductions for home office expenses; these are typically reported on Form 8829 and carried over to Schedule C if you're self-employed.
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How long can the IRS hold your refund for review?
If the IRS is reviewing your return, the review process could take anywhere from 45 to 180 days, depending on the number and types of issues the IRS is reviewing.
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