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Income Taxes
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TOPIC: Income Taxes

Income Taxes 09 Jan 2009 13:09 #72

  • jend
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Is the income tax legal?

Watch this documentary and find out:

From Freedom to Fascism Documentary




Ron Paul Explains Why We Don't Need Income Taxes (Video)
Last Edit: 03 Jan 2012 07:36 by jend.

Re:Income Taxes 17 May 2010 19:52 #192

  • Peatar005
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IRS TAX TIP 2006-71
Oops! You’ve discovered an error after your tax return has been filed. What should you do? You may need to amend your return.
The IRS usually corrects math errors or requests missing forms -- such as W-2s or schedules. In these instances, do not amend your return. However, do file an amended return if any of the following were reported incorrectly:
• Your filing status
• Your total income
• Your deductions or credits
Use Form 1040X, Amended U.S. Individual Income Tax Return, to correct a previously filed Form 1040, 1040A, 1040EZ or electronically-filed return. Be sure to enter the year of the return you are amending at the top of Form 1040X. If you are amending more than one tax return, use a separate 1040X for each one and mail each return in a separate envelope to the IRS processing center for the area in which you live. The 1040X instructions list the addresses for the centers.
The Form 1040X has three columns. Column A is used to show original or adjusted figures from the original return. Column C is used to show the corrected figures. The difference between the figures in Columns A and C is shown in Column B. There is an area on the back of the form where you explain the specific changes being made on the return and the reason for each change.
If the changes involve another schedule or form, attach it to the 1040X. For example, if you are filing a 1040X because you have a qualifying child and now want to claim the Earned Income Credit, you must attach a Form 1040 Schedule EIC to show the qualifying person's name, year of birth and Social Security number
If you are filing to claim an additional refund, wait until you have received your original refund before filing Form 1040X. You may cash that check while waiting for any additional refund. If you owe additional tax for 2005, you should file Form 1040X and pay the tax by the April due date to avoid any penalty and interest.
Generally, to claim a refund, you must file Form 1040X within three years from the date you filed your original return or within two years from the date you paid the tax, whichever is later.
Form 1040X and instructions are available at IRS.gov or by calling 1-800-TAX-FORM (1-800-829-3676).

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Re:Income Taxes 18 May 2010 15:12 #194

  • jend
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P.S.

According to the law, individuals do not have to pay a tax on their income; only corporations. In addition, the 16th Amendment was never ratified.
Last Edit: 15 Jun 2010 10:07 by jend.

Re:Income Taxes 21 May 2010 01:58 #195

  • repete
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Unfortunately the above is debatable.
However, lets just repeal the 16th amendment and get rid of the IRS - support the "Fair Tax" movement.
Read the books, study the proposal, join the organization, send donations.
Don't listen to the sound bites (especially the negative ones, they are mostly wrong). Many of those who are against the FairTax have a vested interest in the current mess - special tax priveleges, power of elected office, lobbist, tax preparers, etc.
The current tax code plays one group against another - since the different provisions affect different groups. The "players" just pass rules that affect small segments (10%?) at a time which leads to the majority (90%) not caring - at that time - until thier segment is affected at a different time. Eventually everybody's taxes are raised - but just 1 out of 10 at one time to preclude a majority uprising.
While some method of funding the government is a necessary evil - the Fair Tax is far more reasonable, transparent, would stimulate the economy, and has been extensively researched and analysied.
Again, read the books.
Amercians for Fair Taxation: www.fairtax.org
Last Edit: 21 May 2010 02:05 by rmpeterzen.

Re:Income Taxes 23 May 2010 11:01 #196

  • jend
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If you would care to debate it, I'm game
Last Edit: 23 May 2010 11:02 by jend.
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