Investor Glossary-tax scheduleInvestor Glossary-tax scheduleInvestor Glossary-tax scheduleInvestor Glossary-tax scheduleInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Tax Schedule

The HTML to link to this page
 

A tax schedule refers to the variety of forms used to report income taxes to the IRS. Common tax schedules used by taxpayers when filing taxes include:
- Schedule A: tax schedule used to report itemized deductions
- Schedule B: tax schedule used to report interest income and dividends
- Schedule D: tax schedule used to report capital gains and losses
A self employed individual may also need to file a tax schedule to report income earned form a business activity (Schedule C - Profit or Loss From Business), as well as a tax schedule to show how much self-employment taxes is owed (Schedule SE - Self-Employment Tax). Each tax schedule form can be found on the IRS website.

A tax schedule can also refer to a tax rate schedule. The tax schedule shows the cut-off points of earned income and the tax rate applicable to that specific income range (i.e. tax bracket and associated tax rate). A separate tax schedule is used to determine the income tax rate depending upon filing status.
- Schedule X for a single individual
- Schedule Y-1 for those married and filing jointly as well as qualifying widow(er)
- Schedule Y-2 for those married filing separately-
- Schedule Z for those who are filing as the head of a household.
These specific tax schedules can also be found at the IRS website.



Rate this tax schedule definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: in escrow, balance sheet, current ratio, implied volatility, ex-dividend, APR, open position, reverse mortgage, deferred revenue, real GDP, wholly-owned subsidiary, inflation, Zero Cost Collar, Key Rate Duration, average price per share, VIX, limit order, labor relations, command economy, quality assurance, LIBOR, debt service coverage, FTSE, phantom income, 1031 exchange, ex-dividend date, per diem, stock split, stock market close, minority interest, cancelled check, covered put, dividends payable, 1035 exchange, class C shares, diluted share, required rate of return, margin rate, retained earnings, EBITDA, FICO score, 144a, deferred tax, risk management, option premium, annual return, 401a, irrevocable trust, liquidity ratio


Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
Investor Glossary Index >>> # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
©2004-2014 Investor Glossary - All rights reserved - Terms of Use