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Spokane Valley Washington IRS 1120S 2024 Form: What You Should Know

If your income is 100,001 or more (or 160,001 or more plus 20,000 of dependents) you may need to file Schedule A as an individual and take this step only if you qualify to itemize (Form 1040). If your total compensation exceeds the above thresholds, file Forms 1040 and Schedule A as an employee, or Schedule C as a partner. If your business does not hire a partnership and file a partnership return, itemize your deductions and use Schedule B on Schedule A (Form 1040). For more information about Washington state tax considerations, see IRS Information for Small Businesses. Please see IRS Publication 535, U.S. tax guide for small businesses, 535.2-J, for additional information about individual taxpayers and the small business tax system. For a list of tax-exempt organizations that provide services to low-income individuals, please click here. Washington Department of Revenue 1120 Main St. Renton, WA 98057 E-mail: Taylor.Wei.gov Income Tax FAQs for Individuals Forms & Publications For Washington State residents only. For Washington state residents only. See FAQs about the Federal Income Tax.

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