Income tax in the United States

id: income-tax-in-the-united-states-204-2906608
title: Income tax in the United States
text: The United States federal government and most state governments impose an income tax. They are determined by applying a tax rate, which may increase as income increases, to taxable income, which is the total income less allowable deductions. Income is broadly defined. Individuals and corporations are directly taxable, and estates and trusts may be taxable on undistributed income. Partnerships are not taxed, but their partners are taxed on their shares of partnership income. Residents and citizen
brand slug: wiki
category slug: encyclopedia
description: Form of taxation in the United States
original url: https://en.wikipedia.org/wiki/Income_tax_in_the_United_States
date created: 2005-11-11T19:54:41Z
date modified: 2024-09-09T20:35:14Z
main entity: {"identifier":"Q1308197","url":"https://www.wikidata.org/entity/Q1308197"}
image: {"content_url":"https://upload.wikimedia.org/wikipedia/commons/b/ba/Form_1040%2C_2015.pdf","width":1275,"height":1650}
fields total: 13
integrity: 16

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