federal tax
National government revenue
Federal tax is money collected by a national government, as distinct from state, local, or provincial taxes.
In the United States, federal taxes include income tax, payroll taxes for Social Security and Medicare, and estate taxes: April 15 is the deadline for filing federal taxes.
The term distinguishes obligations owed to Washington from those owed to state capitals or city halls.
- standard deductionPreset tax-free income amount
- itemized deductionsSeparately listed taxable expense reductions
- deductionsConclusions from reasoning
- IRS auditsFederal income verification process
- withholdingKeeping from another
1040 · customs duty · progressive taxation · W-2 · wage garnishment · dependent · paycheck · return · filing · filing deadline · IRS · April · audit · exemption · loophole · April 15 · deadline · accountant
- taxestaxes, withholding, VAT, GST, state taxes
- US TaxationIRS, withholding, deductions, income brackets, AMT
- paycheck deductionswithholding, health premium, FICA, 401k, garnishment
- Canadian taxationtaxable income, GST, CPP, deductions, net income
- paycheckgross pay, net pay, base pay, deductions, earnings
- taxationtaxable income, VAT, withholding, deductions, deduction
federal taxstate tax
Regional government revenue charge
municipal tax · county tax · city tax · state income tax · property tax