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IRS to calculate taxes for filers under twenty thousand
The IRS announced a new service to compute the federal income tax for about 30 million taxpayers with incomes up to $20,000 who take the standard deduction and whose income comes mainly from salary wages dividends interest pensions and annuities. If an over or underpayment results the IRS will issue refunds with interest or demand additional tax with interest, waiving some interest if repaid promptly.
MENTIONED IN THIS ARTICLE
Washington
UPL
Internal Revenue Service
IRS
Han
Sain