Financial Definitions:
1040 – Form 1040, U.S. Individual Income Tax Return – It is the basic form you file annually with the IRS.
Income Tax – It is the main source of revenue for the federal government and many states. The tax is based on your earned and unearned income.
Deductions – They are expenses allowed by [...]
Our family has Ben for the dad. His age is 40. His job is a group manager /service advisor for a large metro Milwaukee GM dealership. his wage is 50,000 to 80,000 per year. Ashley is the mom. Her age is 39. Josh is the adopted son. His age is [...]
Ben – dad – 40
Ashley – mom – 39
Josh – adopted son -18
Raymond – son – 15
