Federal and State Income Tax Forms

Throughout the year, taxes are collected by employers through payroll (or paycheck) deductions.  Sometime between January 1st and April 15th, we must check to see how the taxes we have paid into the system compare to the taxes we owe the system.  We do this by filing a tax return and sending it to the Internal Revenue Service (IRS).  Additionally, depending on what state you live in, you may also need to file a state tax return.  In this topic, you will find out how to complete and file your tax returns.

Essential Question

• What are the steps and components required in filing a tax return?