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


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