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Taxes

Anything related to taxes


Alternative Minimum Tax (AMT)

The Alternative Minimum Tax (AMT) concept was designed to hit the wealthy individuals who often have the resources and are trying to avoid paying taxes. In layman terms, the alternative minimum tax (AMT) was designed to keep the rich from living tax-free.

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2012 federal tax rates tables

Federal tax tables 2012 can be used to calculate income tax due on income, or more specifically federal income tax that has to be paid to the Department of the Treasury of the United States.

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2012 IL 1040 form

The 2012 IL 1040 form is a tax form provided by the Illinois Department of Revenue and used by Illinois tax payers to report their income and to calculate their Illinois income tax.

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2013 IL 1040 form

The 2013 IL 1040 form is a tax document published by the Illinois Department of Revenue for the purpose of reporting and calculating Illinois state income tax. The 2013 form IL 1040 is filed by Illinois tax payers by the tax due date in April 2014.

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Income tax rates 2013

Income tax rates 2013 are used to determine taxes reportable on a tax return filed in April 2013. These federal income tax rates 2013 and income tax tables 2013 provided on this page apply to taxable ordinary income earned in 2013.

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2013 federal tax rates tables

This 2013 federal tax rates page provide a listing of tax schedules and tax brackets with their corresponding tax rates. Federal tax rates for 2013 and tax tables 2013 provided on this page can be used to estimate federal tax liability related to income earned in year 2013.

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Income tax rates 2012

Our income tax rates 2012 provided on this page are applicable to income earned in 2012. You can use these income tax rates 2012 and income tax tables 2012 provided below to calculate your taxes that you report on your tax return due in April 2012.

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How to tax economic stimulus rebate check

How to tax the economic stimulus rebate check that you received last year? The deadline for tax returns is approaching, and if you need to know how to tax or how to pay taxes on the economic stimulus rebate check that you received last year, you can find the answer to your question below.

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Tax definitions

This page provides an overview of definitions of basic tax terms and concepts. The tax world can be very confusing, and it certainly helps to have at least the basic definitions on one page.

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Marginal and average tax rate

What is the difference between a marginal and average tax rate? Even though it may not be so obvious, understanding the difference between a marginal and average tax rate can help lower your total taxes.

Knowing the difference between marginal and average tax rates is important for good tax planning.

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