#1040ez

[mappingthemoon]

Zines Read 2024

The Desert Sun #53 / Billy (Dec. 2023)

The Desert Sun #54 / Billy (Jan. 29, 2024)

Proof I Exist #45: A 2023 Reading Log / Billy McCall (Jan. 2024)

Proof I Exist #46: Looking Back at 2023 / Billy McCall & Ed Kemp (Jan. 2024)

Trent Reznor, the Girls Who Wanted to Fuck Him, and the Boys They Grew Up to Be / David Leo

Behind the Zines #17 / Billy McCall (ed.) (Mar. 2024)*

The Desert Sun #55 / Billy (Feb. 29, 2024)

Lifecycle of the Moon Jelly / Qufu-lee

Birds I’ve Seen Outside, v. 1 / Alyx White (2020)

Birds I’ve Seen Outside, v. 2 / Alyx White (2020)

Birds I’ve Seen Outside, v. 3 / Alyx White (2020)

KnowhutIzine: An Attempt to Document All Things Worrell / Dakota Floyd & Rick V. (June 2021)

Notes on Anarchism / Noam Chomsky (x)

The Desert Sun #56 / Billy (Mar. 2024)

[private]

[private]

Self-Harm: A Zine About NSSI / Sharaya O

Leave Me Alone, Mom! How Conservative Christianity Ruins Everything / Sharaya O

People Think I’m Weird / Billy McCall

What Is Home?

Local Honey / Madison Greer (ed.) (2020)*

A Zine for Pride: Archiving LGBTQ+ History at UGA! / Kathryn Manis (2024)

Lover’s Eye / Mandy Mastrovita (Jan. 2023)

I’m Blue / Mandy Mastrovita (Mar. 2024)

[private]

The Desert Sun #58 / Billy (May 29, 2024)

Love Letters to ATL / Haley Lazerface & Tazza Moon (eds.) (June 2024)

Voting Vs Direct Action / crimethInc (2004)

[You will see your own reflection…] / SAD (2024)

Grow Your Own (for, like, cheap): The Ultimate Space Bucket DIY Guide (x)

C.U.N.T.S. Magazine: The Women’s Issue (2024)

The Desert Sun #59 / Billy (June 30, 2024)

[Tax Forms Enclosed: 1040EZ, 1040A, 1040] / S. Brooks (1996) (x)

Super/Simple Majority / Tony White (dir.) (July 2024)*

Notes on Libraries, Lesbians, and Pulp / Aiden M. Bettine (2023)

IT? / Jamison Lung

ZiNetwork Invitation / Dr. Tambone

Leftist Leaflets in Little Libraries #1 / Peter Miles Bergman (Summer 2017; 5th ed., 2023)

The East Village Inky #66 / Ayun Halliday (June 2022)

Pirate Jenny (2nd ed.) / Ina Wudtke (2024)

Rut Zine #296 / Bianca Martin (x)

Rut Zine #343 / Bianca Martin (x)

Sappy Gazette #1: Transpiring Time & Space / Abbie (2024)

Culays [Heavy] / Mustafa Saeed (2024)

Offset Printed Artists' Books: A Chronology, 1960-2005 / Tony White (cur.) (Jan. 2018)

Robert Blackburn / [Robert Blackburn Printmaking Workshop]

The Desert Sun #60 / Billy (July 30, 2024)

Overdue Books; Returning Palestine’s “Abandoned Property” of 1948 / Hannah Mermelstein (2014)

The Desert Sun #61 / Billy (Aug. 24, 2024)

Lost Constellations of Athens: Five Legends / Lauren Fancher (2024) (x)

If These Walls Could Talk: A PhotoJournal Look Inside the Crumbling Campus of Central State Hospital, Milledgeville, Georgia / Janet Fugett (2015)

The Booty Keeps the Score: The Disorganized Attachment Dating Skillbuilder Workbook / tawnee smith (Spring 2021)

Cathode Ray Mission #3 / K Ratticus (ed.) (Fall 2024)*

The Desert Sun #62 / Billy (Sept. 29, 2024)

The Desert Sun #63 / Billy (Oct. 29, 2024)

The Desert Sun #63.5: Political Edition / Billy (mid-November 2024)

Behind the Zines #18 / Billy McCall (ed.) (Sept. 2024)

Tin Can Telephone #9: Test Cards & Radio Phonics / DJ Frederick Moe

where you from? #7: this is how I know I will be okay. / hope amico (Sept. 2024)

Straightaway Tangent #3: In Parallax / Sheila B. Ackerman & August Personage (Nov. 2024)

The Desert Sun #64 / Billy (Nov. 28, 2024)

The Desert Sun #65 / Billy (Dec. 24, 2024)

Zines read in 2024; asterisks * denote zines I’m in! When available, I have tried to provide links for: a digital version of the zine, a page from which to purchase the zine, the author’s website or social media, an alternate version of the text online, or further information about the author/title. I’m not cluttering the list up with individual links for all of Billy’s zines; his stuff can be found at Behind the Zines Distro.

[sofiadragon]

I'm a bit scared of what Intuit might do with all the extremely valuable personal data they have when they get cut off at the knees like this, but I would love it if we got to pay taxes like many other countries do: The tax office plugs in the math for the information they already have (because they collect it ahead of you filing already - that's part of how audits work) and then sends a one-page already filled out bill. You check the math and send it back. For anyone who isn't self-employed or a business owner, which is most of the country, this would cut down on errors and be a big time saver. Why make the IRS check the work done by amateurs when we can automate the bills going out (much as Intuit automates the system.) It wouldn't eliminate the need to audit the people who just send back the form with payment/approval for refund, but it would save everyone a lot of work and the cost of having it done that way would likely be made up in other ways:

With audits more focused on the people who have more complicated taxes, they are more likely to find tax fraud - increasing revenue.

Automation reduces the amount of data entry for mailed returns. If the person is just approving what the IRS calculated, that's way less that needs to be typed from paper than transcribing an entire 1040EZ. Fewer man-hours is lower cost.

Fewer honest errors from young people who are filing for the first time on their own, who tend to be poorer, mean wasting fewer resources going after people who failed to file or filed wrong only to reclaim actual pennies' worth of taxes - or end up giving the person a refund even after the fine for screwing it up.

Source

We deserve to live in a society where companies like Intuit cease to exist

[accelero25]

Understanding USA Taxation: Essential Information for Individuals

Introduction 

Navigating the complexities of the United States tax system can be difficult for individuals, particularly those unfamiliar with its precise rules and regulations. Whether you are a resident, a non-resident, or someone who manages cross-border taxation, such as US-India taxes, you must understand the fundamental structure of US taxation. Understanding how the system works can assist ensure compliance, increasing tax efficiency, and reducing legal risks. This blog, given to you by Accelero Corporation provides helpful insights to help you understand USA India Taxes. Introduction to U.S. TaxationThe United States has a progressive tax system in which individuals pay taxes based on their income level. The Internal Revenue Service (IRS) oversees federal tax collection, while state and local governments administer their taxes. The taxation system in the United States is comprehensive, including income tax, Social Security and Medicare contributions, estate taxes, capital gains, and more. Furthermore, international tax implications, particularly between the United States and India, provide another degree of complication for persons with financial interests or residency in numerous countries. This system is built on the notion of tax residency. Individuals are classed as residents or nonresidents for tax reasons, which influences how they report and pay taxes. Non-residents, on the other hand, are taxed differently and may benefit from tax treaties between nations such as the United States and India, which could result in lower tax rates or tax credits. Accelero Corporation specializes in providing specialized guidance to individuals dealing with cross-border tax concerns, ensuring that they comply with both US and foreign tax laws.

Filing Requirements and Key FormsUnited States citizens and resident aliens are normally required to record all of their worldwide income on their tax returns, regardless of where they live or earn it. Non-resident aliens' tax filing requirements are determined by the type of income produced in the United States and the existence of applicable tax treaties. Here are a few of the essential tax forms for individuals:Form 1040 (U.S. Individual Income Tax Return) - is the principal form used by United States citizens and residents to report their annual income, deductions, and tax liability. There are several variants, such as the 1040A and 1040EZ, tailored for simplified tax situations.

Form 1040-NR (US Nonresident Alien Income Tax Return) – Non-residents use this form to declare their U.S. source income. It is critical for those who work or invest in the United States but are not tax residents. Form 8938 (Statement of Specified Foreign Financial Assets) - This form is necessary if you have foreign financial assets that meet specified criteria. This is especially important for persons who own assets in India or other countries.

FBAR (Report of Foreign Banks and Financial Accounts) - Any U.S. citizen having foreign accounts worth more than $10,000 at any time throughout the year must complete this report. FBAR compliance is an important aspect of managing cross-border financial responsibilities. Accelero Corporation aids its clients with proper tax filing, ensuring that all required papers are filed correctly and on time, particularly in the context of US-India taxation. Understanding Tax Brackets and Rates

U.S. tax brackets are progressive, which means that different sections of an individual's income are taxed at different rates. The bigger your income, the higher your marginal tax rate. However, numerous deductions and credits can help lower taxable income, so tax preparation is essential for optimizing your tax situation. In addition to federal taxes, state income taxes may apply, depending on where you live or work. Florida and Texas have no state income tax, while California and New York have higher rates. Understanding how federal, state, and local taxes interact is critical for successful financial planning, especially when dealing with US-India taxes or multi-state files.

Deductions, Credits, and Tax-Reducing StrategiesCommon deductions include mortgage interest, charity contributions, and medical costs. Popular tax credits include the Child Tax Credit, the Earned Income Tax Credit, and education credits like the American Opportunity Tax Credit. Maximizing payments to tax-advantaged accounts, such as 401(k) retirement plans or Individual Retirement Accounts (IRAs), is one of the most important tax-saving measures. These contributions can reduce taxable income, helping people to invest for the future while lowering their tax bill. Tax treaties between two countries are critical for persons with cross-border tax issues, such as US residents working in India or Indian nationals with investments in the United States. These treaties can provide relief from double taxation by ensuring that income is not taxed in both countries. Individuals can benefit from Accelero Corporation's knowledge of US-India tax difficulties, allowing them to manage these intricacies and fully utilize treaty benefits.

The Importance of Compliance

Staying compliant with US tax regulations is critical, as failing to do so can result in severe penalties. Late filing, underpayment, or inability to register foreign assets may result in audits and legal repercussions. With the IRS continuously monitoring worldwide tax compliance through different reporting requirements, people with complex tax situations, particularly those with ties to India, should seek expert advice. Accelero Corporation provides a wide variety of services to help clients comply with US and international tax rules. Their CPAs understand the complexities of cross-border taxation, making them a reliable partner for individuals negotiating US-India taxes and other global tax issues.

ConclusionNavigating US taxation necessitates a thorough understanding of tax laws, filing procedures, and international treaties, especially when dealing with cross-border issues like US-India taxes. Individuals can improve their tax situation and avoid costly mistakes by being informed, taking advantage of deductions and credits, and guaranteeing compliance. Working with professionals such as Accelero Corporation, an international accounting business, and CPA, guarantees that you obtain tailored tax guidance, especially for complex international tax issues. Whether you are a US resident, or non-resident, or handling taxes across borders, effective planning and guidance are essential for navigating the US tax landscape.

[nklhuybach54]

Individual Tax Return: What it is, How it Works

What Is an Individual Tax Return?

An individual tax return, also commonly known as a "personal tax return," is a financial document that individuals are required to file with their government's tax authority to report their annual income, calculate their tax liability, and either pay any taxes owed or receive a tax refund if they've overpaid their taxes during the year. The specifics of individual tax returns can vary significantly from one country to another, and even within different regions or states of a country. However, they typically share several common elements:

Income Reporting: Individuals are required to report all sources of income they earned during the tax year. This can include income from employment, self-employment, investments, rental properties, dividends, interest, and other sources.

Deductions and Credits: Taxpayers can claim deductions and tax credits to reduce their taxable income and, consequently, the amount of taxes they owe. Deductions might include expenses like mortgage interest, medical expenses, or contributions to retirement accounts. Tax credits, on the other hand, can directly reduce the amount of tax owed and might be available for various purposes such as education, childcare, or energy efficiency.

Tax Calculation: After reporting income and applying deductions and credits, individuals calculate their tax liability based on the applicable tax rates and tax brackets for their income level. Tax rates and brackets can vary based on the tax laws of the specific country or jurisdiction.

Payment or Refund: Depending on the calculation, individuals will either owe additional taxes to the government or be eligible for a tax refund. If they owe taxes, they must submit payment along with their tax return. If they've paid more taxes than they owe throughout the year, they receive a refund for the excess amount.

Filing Methods: Tax returns can typically be filed electronically using tax preparation software or online services, or they can be filed on paper. Electronic filing is often more efficient and can result in faster processing.

Deadlines: Governments typically set deadlines for filing individual tax returns, and individuals are expected to file their returns by the specified due date. Late filings may result in penalties or interest charges.

Record Keeping: It's important for taxpayers to maintain accurate records and supporting documents for the income they report, as well as the deductions and credits they claim. These records may need to be provided if the tax authorities request verification.

Audits and Penalties: Incorrect or fraudulent reporting on a tax return can lead to audits, fines, or other penalties. It's crucial for individuals to ensure the accuracy and integrity of their tax returns.

The specific rules, forms, and requirements for individual tax returns vary by country and can change over time due to legislative changes. To ensure compliance with tax laws and to optimize their tax situation, many individuals seek the assistance of tax professionals, such as accountants or tax preparers, when preparing and filing their tax returns.

Understanding the Individual Tax Return

Understanding the individual tax return process is essential for every taxpayer. Here's a step-by-step guide to help you understand how it works:

Gather Your Documents:

Collect all relevant financial documents, such as W-2s (for employment income), 1099s (for various types of income like dividends, interest, or self-employment income), and records of deductible expenses like mortgage interest, medical bills, and charitable contributions.

Choose the Right Tax Form:

In the United States, the most common tax form for individuals is Form 1040. However, there are variations, such as Form 1040EZ or Form 1040A, which may apply to simpler tax situations. Choose the form that best fits your financial situation.

Fill Out Your Personal Information:

Begin by entering your personal information, including your name, Social Security Number (or Taxpayer Identification Number), address, and filing status (e.g., single, married filing jointly, etc.).

Report Your Income:

List all sources of income, such as wages, salary, self-employment income, dividends, interest, and any other taxable income. Ensure that the information matches the forms (e.g., W-2s or 1099s) you received from your employers or financial institutions.

Claim Deductions and Credits:

Deductions and tax credits can reduce your taxable income and, in turn, your tax liability. Common deductions include mortgage interest, student loan interest, and contributions to retirement accounts. Tax credits can include those for education expenses, childcare, and energy-efficient home improvements.

Calculate Your Tax Liability:

After reporting your income and applying deductions and credits, calculate your tax liability based on the tax rates and brackets applicable to your income level.

Calculate Tax Payments and Refunds:

Determine whether you've overpaid or underpaid your taxes throughout the year. If you've overpaid, you're eligible for a tax refund. If you've underpaid, you'll need to make a payment along with your tax return.

Sign and Date Your Return:

Electronically sign and date your tax return if filing online or physically sign and date it if filing a paper return. Filing jointly with a spouse requires both signatures.

Submit Your Tax Return:

File your tax return by the specified deadline, which can vary by country and region. In the United States, for example, the deadline is typically April 15th, but it may be extended in some circumstances.

Keep Copies of Your Return and Documents:

Make copies of your filed tax return and all supporting documents. It's essential to keep these records for several years in case of an audit or questions from tax authorities.

Pay Any Taxes Owed:

If you owe taxes, you must submit the payment along with your tax return. Various payment methods are usually available, such as electronic payment, check, or money order.

Monitor for Updates or Notices:

After filing your return, keep an eye on your mail or email for any updates or notices from tax authorities. They may request additional information or notify you of any changes to your return.

Consider Professional Help:

Depending on your financial situation, it might be beneficial to seek the assistance of a tax professional, such as an accountant or tax preparer, to ensure accuracy and compliance with tax laws.

Remember that tax laws and regulations can change, so it's important to stay informed about the specific tax requirements in your country or jurisdiction, especially if you have complex financial circumstances.

Individual Tax Return Forms

Individual tax return forms vary by country and sometimes even by region within a country. In the United States, the most commonly used form for individual income tax returns is Form 1040. However, there are variations of Form 1040 and other forms for different situations. Here are some of the primary individual tax return forms used in the United States:

Form 1040: This is the standard individual income tax return form used by most taxpayers. It allows you to report various types of income, claim deductions, and tax credits. There are several versions of Form 1040, including:

Form 1040: The basic form for most taxpayers.

Form 1040-SR: A simplified version for individuals age 65 and older.

Form 1040-NR: For nonresident aliens who have U.S. income.

Form 1040-X: Used to amend a previously filed Form 1040.

Form 1040-EZ: This form was formerly used for very simple tax returns, but it has been discontinued starting with the 2018 tax year. Taxpayers with straightforward financial situations are encouraged to use Form 1040 or other appropriate forms.

Form 1040-A: This was a simplified version of Form 1040 for individuals with specific tax situations, such as certain tax credits. Like Form 1040-EZ, it has been discontinued starting with the 2018 tax year.

State Tax Forms: In addition to federal tax returns, individuals may need to file state income tax returns. Each U.S. state typically has its own tax return form or forms. These forms can vary significantly in complexity and requirements.

Outside of the United States, individual tax return forms will have different names and structures. It's essential to check with the tax authority in your country or region to determine which specific form or forms you need to use.

Some common elements found on individual tax return forms include sections for reporting income, deductions, tax credits, and tax calculations. The forms typically include detailed instructions to help taxpayers complete them accurately.

It's important to note that tax laws and forms can change from year to year, so it's advisable to refer to the most recent tax instructions and forms provided by your country's tax authority or seek assistance from a tax professional if you have questions or a complex tax situation.

Other Forms to Report Individual Taxes

In addition to the primary individual tax return forms, there are various supplementary forms and schedules that taxpayers may need to use to report specific types of income, deductions, or tax credits. These additional forms are often required when taxpayers have more complex financial situations. Here are some common forms and schedules used in the United States:

Schedule A (Form 1040): This schedule is used to itemize deductions, such as medical expenses, mortgage interest, state and local taxes, and charitable contributions, when these deductions exceed the standard deduction. Taxpayers who choose to itemize deductions must attach Schedule A to their Form 1040.

Schedule B (Form 1040): This schedule is used to report interest and dividend income. If you earn more than a certain threshold in interest and dividends, you are required to complete and attach Schedule B to your Form 1040.

Schedule C (Form 1040): This schedule is used by self-employed individuals to report business income and expenses. It's used to calculate the net profit or loss from a sole proprietorship or single-member LLC.

Schedule D (Form 1040): This schedule is used to report capital gains and losses from the sale of investments, such as stocks, bonds, and real estate. It is used to calculate the taxpayer's net capital gain or loss.

Schedule E (Form 1040): This schedule is used to report income and losses from rental real estate, royalties, partnerships, S corporations, and other pass-through entities. It's often used by individuals who have income from investments in these types of businesses.

Schedule SE (Form 1040): Self-employed individuals use this schedule to calculate and report their self-employment tax, which covers both the employee and employer portions of Social Security and Medicare taxes.

Form 8862: This form is used when a taxpayer's Earned Income Credit (EIC) was disallowed in a prior year and they wish to claim the EIC again. It's used to show that they meet the eligibility requirements.

Form 8880: This form is used to claim the Retirement Savings Contributions Credit, also known as the Saver's Credit. It provides a tax credit to eligible individuals who make contributions to qualified retirement savings accounts.

Form 8962: This form is used to reconcile and claim the Premium Tax Credit (PTC). It's for individuals who purchased health insurance through the Health Insurance Marketplace and want to claim the tax credit to help cover the cost of premiums.

Form 8812: This form is used to claim the Additional Child Tax Credit if you couldn't claim the full amount of the regular Child Tax Credit.

Form 5695: This form is used to claim various residential energy credits for energy-efficient improvements made to a taxpayer's home, such as solar panels or energy-efficient windows.

These are just a few examples of the many forms and schedules that may be required to accurately report and calculate individual taxes in the United States. The specific forms needed depend on your financial situation, and it's essential to consult tax guides or a tax professional to ensure compliance with tax laws and regulations.

Read more: https://computertricks.net/individual-tax-return-what-it-is-how-it-works/

[pts-stephanie]

The 2022 filing season begins on January 23, 2023 and the changes may cause some shock for individuals expecting large refunds.

As a reminder, the 1040EZ and 1040A were removed. There is no “easy” form when filing tax returns. Individuals either file the 1040 or the 1040SR. Other forms or schedules may need to be attached to the 1040, like the Schedule C – Profit or Loss from Business. You are essentially considered self-employed if you receive a 1099-Misc or 1099-NEC for non-employee contributions and should include the…

[dixkens]

I have a small business and moderately complex taxes, I can file for free. It's not just for folks who can file 1040ez.

Also! If you've been using a paid tax program, you can upload your file to the free service and you don't have to start over from scratch. (Fear of that extra work kept me paying for a couple years longer than I needed to.)

[ask-kam-sung]

Can't believe this many people really waste their time playing video games. :/

Students should be studying.

[turbotax]

When to Use Tax Form 1040

Most people would like to keep filing their income tax return as simple as possible. 

Learn more about choosing the simplest and most appropriate 1040 tax form for your unique individual situation by watching this TurboTax tax tip video.

[valencock]

i’m so stressed out, i’ve been spending the last hour trying to figure out my tax return. I just wanna quit and draw some gay shit!! 

[marytowneestey]

Me at my dealers house: u got the 1040EZ??

Love my freshly 18 employees jist overheard one say he's gonna do his taxes online because he "got a URL from a guy" and did Not elaborate.

[conyersmooney]

What is IRS 1040ez Tax Form

The Form 1040-EZ, Income Tax Return is for Single and Joint Filers with no dependents. Read more, https://nationaltaxreports.com/what-is-irs-1040ez-tax-form/ It's a one-page form with a few sections. For taxpayers with simple tax calculations, a lot of time can be saved by filing the 1040EZ.

[browninkus]

Tax time is coming to a close in US. I've been doing taxes since I was 16 years old. Always keep a book and form from the tax year for records. Throwback Thursday I found my form from 1992, book from 1999. Helping my child born 1997 do his taxes at first he didn't believe me and wanted to get a second opinion. No matter what changes in the code so far this has never changed The more you make the more they take! Especially when your single and have no dependents or credits to offset taxes owed. He got em done finally and e-file through TurboTax my favorite online preparation. Made twice as much on the full time job last year as he did with two part time jobs the previous year. I'll work on helping him start 401k or another tax savings to offset taxes owed in 2017. #taxes #irs #1040ez #1040 #taxseason #turbotax #file #lawofattraction #follow4follow #401k #ira #saving #finances #taxlaw #taxtime #taxpreparation #florida #return #moreyoumakemoretheytake #positivity #motivation #tbt #HWW

[acctservyork]

IRS Cancels Postcard-Sized Income Tax Return

IRS Cancels Postcard-Sized Income Tax Return

The IRS won’t be getting any postcards from taxpayers this year. 

It’s not like the nation’s tax collection agency was expecting pictures of scenic views of mountains and oceans or tourist attractions. But plans to provide taxpayers with a postcard-sized Form 1040 have been officially scrapped. The IRS is now working on a version that‘s shorter than the traditional 1040, but looks more…

[madmanswords]

... did I go to the only school that didn’t teach square dancing and did teach taxes?

[conyersmooney]

What is IRS 1040ez Tax Form?

The Form 1040-EZ, Income Tax Return is for Single and Joint Filers with no dependents. Read more, https://nationaltaxreports.com/what-is-irs-1040ez-tax-form/ It’s a one-page form with a few sections. For taxpayers with simple tax calculations, a lot of time can be saved by filing the 1040EZ.