IRS Income Tax
What is the IRS income tax?
What people loosely refer to as the IRS
income tax is the federal income tax as opposed to state income
tax or city income tax. Every income earners need to pay the
IRS income tax every year. The tax filing deadline for filing
the IRS income tax is usually April 15th for most taxpayers.
Below are some frequently asked questions about the IRS income
tax.
At what age does one no longer pay income
tax to IRS?
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Every year, there are people
who believe that they did not have to pay the
IRS income tax because they are of a certain
age. This is never the case. Anyone of any age,
no matter how old, needs to pay the IRS income
tax unless he or she is exempt due to the
income level.
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If a taxpayer does not earn much, then
it is likely that he or she will not have to pay the IRS
income tax but it is not because he or she is too old or
too young to pay taxes. Different income rules apply for
people of different age groups.
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