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Individual tax return

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Individual tax return
A tax return filed by an individual to account for their personal income and taxes payable.


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If you''re simply going to operate under your own name as yourself, you''re probably ok with simply claiming your income on your individual tax return.
[ILLUSTRATION OMITTED] If the employer discovers the error after the calendar year of the wage payment closes, the employer also provides the employee and the Social Security Administration a corrected Form W-2 (Form W-2c) reflecting additional FICA earnings, if applicable, for the prior year and FICA tax withholding as if the employer had made it correctly This change to FICA wages and FICA tax withholding generally does not affect the employee's prior-year individual tax return.
[ILLUSTRATION OMITTED] During February and March of 2008, Treasury Inspector General for Tax Administration (TIGTA) auditors posing as taxpayers paid to have individual tax returns prepared by 28 unenrolled, unlicensed tax preparers.
 
 
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