reports a taxpayers income and calculates the taxes due to the government. a. capital gain b. deduction c…

reports a taxpayers income and calculates the taxes due to the government. a. capital gain b. deduction c. estate tax d. tax credit e. gross income f. refund g. self - employment tax h. tax return i. taxable income j. w - 2 form

reports a taxpayers income and calculates the taxes due to the government. a. capital gain b. deduction c. estate tax d. tax credit e. gross income f. refund g. self - employment tax h. tax return i. taxable income j. w - 2 form

Answer

Brief Explanations:

A tax - return reports a taxpayer's income and calculates the taxes due. A W - 2 form is an information return that shows an employee's annual wages and the amount of taxes withheld from their paycheck. Gross income is the total income before deductions. Taxable income is calculated after deductions and exemptions from gross income. A refund is money returned to the taxpayer if they over - paid their taxes. A tax credit reduces the amount of tax owed. Deductions reduce taxable income. Estate tax is on the transfer of property at death. Self - employment tax is for self - employed individuals. Capital gain is the profit from selling a capital asset. The description in the question best matches a tax return.

Answer:

H. Tax return