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2013-2025 Form
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FAQs
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Why don't schools teach children about taxes and bills and things that they will definitely need to know as adults to get by in life?
Departments of education and school districts always have to make decisions about what to include in their curriculum. There are a lot of life skills that people need that aren't taught in school. The question is should those skills be taught in schools?I teach high school, so I'll talk about that. The typical high school curriculum is supposed to give students a broad-based education that prepares them to be citizens in a democracy and to be able to think critically. For a democracy to work, we need educated, discerning citizens with the ability to make good decisions based on evidence and objective thought. In theory, people who are well informed about history, culture, science, mathematics, etc., and are capable of critical, unbiased thinking, will have the tools to participate in a democracy and make good decisions for themselves and for society at large. In addition to that, they should be learning how to be learners, how to do effective, basic research, and collaborate with other people. If that happens, figuring out how to do procedural tasks in real life should not provide much of a challenge. We can't possibly teach every necessary life skill people need, but we can help students become better at knowing how to acquire the skills they need. Should we teach them how to change a tire when they can easily consult a book or search the internet to find step by step instructions for that? Should we teach them how to balance a check book or teach them how to think mathematically and make sense of problems so that the simple task of balancing a check book (which requires simple arithmetic and the ability to enter numbers and words in columns and rows in obvious ways) is easy for them to figure out. If we teach them to be good at critical thinking and have some problem solving skills they will be able to apply those overarching skills to all sorts of every day tasks that shouldn't be difficult for someone with decent cognitive ability to figure out. It's analogous to asking why a culinary school didn't teach its students the steps and ingredients to a specific recipe. The school taught them about more general food preparation and food science skills so that they can figure out how to make a lot of specific recipes without much trouble. They're also able to create their own recipes.So, do we want citizens with very specific skill sets that they need to get through day to day life or do we want citizens with critical thinking, problem solving, and other overarching cognitive skills that will allow them to easily acquire ANY simple, procedural skill they may come to need at any point in their lives?
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How do I fill taxes online?
you can file taxes online by using different online platforms. by using this online platform you can easily submit the income tax returns, optimize your taxes easily.Tachotax provides the most secure, easy and fast way of tax filing.
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How do I fill out the income tax for online job payment? Are there any special forms to fill it?
I am answering to your question with the UNDERSTANDING that you are liableas per Income Tax Act 1961 of Republic of IndiaIf you have online source of Income as per agreement as an employer -employee, It will be treated SALARY income and you will file ITR 1 for FY 2017–18If you are rendering professional services outside India with an agreement as professional, in that case you need to prepare Financial Statements ie. Profit and loss Account and Balance sheet for FY 2017–18 , finalize your income and pay taxes accordingly, You will file ITR -3 for FY 2017–1831st Dec.2018 is last due date with minimum penalty, grab that opportunity and file income tax return as earliest
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How can I claim the VAT amount for items purchased in the UK? Do I need to fill out any online forms or formalities to claim?
Easy to follow instructions can be found here Tax on shopping and servicesThe process works like this.Get a VAT 407 form from the retailer - they might ask for proof that you’re eligible, for example your passport.Show the goods, the completed form and your receipts to customs at the point when you leave the EU (this might not be in the UK).Customs will approve your form if everything is in order. You then take the approved form to get paid.The best place to get the form is from a retailer on the airport when leaving.
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I haven't filled the tax forms for 2011, 2012, and 2013 and Glacier Tax Preparation only allows me to do so for 2014. I entered the USA in 2011. How can I file those now?
I don't think you can file taxes for 2011 and 2012 this year.But as you did not have any income in those two years. It is fine even if you dont file taxes.Study how to file taxes, how to determine residency status and which forms you should submit when you are in F1 VisaF1(CPT, OPT), J1, M1 Visa tax returns filing : All information IRS wants you to know - Grad Schools BlogThough I am not expert in tax laws, I figured this from my case and few other friends.
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I can't figure out if I should claim 1 dependent or 2 dependents on my W-4 tax form. When and how do you make changes to your W-4 tax form after having children?
OK, first off I’m going to say *IGNORE* the instructions on the updated W-4 form. It’s not worth anything. And yes, I’ve seen and followed the directions, which are wildly inaccurate and misleading.Here’s how exemptions and the W-4 work.As of last year, per the Tax Cuts and Job Act, you can NO LONGER, claim yourself as a dependent/exemption. You can, if you are married, no longer claim your spouse as a dependent/exemption.IF you have minor children (Age 19 and under) you *MAY* claim one exemption per child. IF you have a child, enrolled ‘full time in school’ who is age 24 or under, and that schooling is College, Trade School, Vo-Tech, etc and NOT primary education (IE High School education, GED classes, etc) you may claim an exemption for them.So simple example. Jack and Jane Darling are married. They have one child born June 1st.From January to June, Jack and Jane can *ONLY* claim ZERO EXEMPTIONS on their W-4. From June 1st, when the child is born, on wards, they can each claim ONE Exemption on their W-4.Hopefully that helps and simplifies it down. And yes, I’m a tax preparer as well. I spent all of last year warning various clients and I’m doing the same this year, along with explaining how many you can *legally* claim on your W-4.
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