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


Home | 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