Examlex
Which of the following characteristics best describes a procedure?
Form 1040EZ
A simplified U.S. federal income tax form for taxpayers with basic tax situations, now superseded by Form 1040.
Tax Deduction
An allowable reduction from gross income that decreases taxable income and reduces the amount of tax owed.
Married Taxpayers
Couples legally married who can choose to file joint or separate tax returns, which can affect their tax liabilities and benefits.
Tax Liability
The total amount of tax owed to a taxing authority based on the taxable income of an individual or corporation.
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