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


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use