The american Tax System?

Question

Who can me explain the TAX system in the USA? an how fill I the tax documents?

Answer 1

I'm assuming that you are speaking of individual income tax.
Most of what you need start with Publication 17 from IRS.
http://www.irs.gov/publications/p17/index.html

If you need more information, the site also provides a very good search engine.

At the very high level, a tax payer need to file for income tax return when his gross income exceeds a certain level. This minimum gross income filing requirement is determined based on a the tax payer's martial status and age.

Gross income - deduction - standard deduction - exemption = Taxable income. A tax table is used to look up the tax liability of a tax payer. The tax amount is adjusted by a number of credits before resulting the actual total tax the tax payer owes.

Most tax payers has jobs that their employers would help them withhold money from their pay check to apply toward their tax liability through out the year. Thus many tax payers expect a tax return at the end of the year.

All the terms mentioned at explained in great detail in Publication 17.

Best wishes.

Answer 2

JQT has a good answer for filling out the tax forms.

There are several taxes in the USA, the most (un)popular being the Income Tax. The United States is based on a world-wide income system, where citizens, green card holders, and resident aliens, are taxed on their income earned world-wide. Non-resident aliens are taxed only on their USA source income.

Additionally, all but 7 States apply an additional income tax. Further, approximately 23 cities also have a local income tax. These work by determining your federal income tax, and assessing an additional portion for the State or city.

Be aware that you may also get credits against your local country's income tax for taxes paid to another country.

Answer 3

Can you read ancient hiroglyphics, they are easier than the forms!! Go get a professional to do it for you! It is hard to explain in a forum like this you have to have it in front of you to understand it.

Answer 4

That is a GREAT question for George Bush and I beat even the IRScan't explain it

Answer 5

the irs has trouble doing that let alone a citizen