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The US tax system can look quite daunting because of its separate city, state, and federal tax system. Everyone has to file their annual taxes and the IRS provides help and support in filling out your tax return whether you are filing online or by mail. The tax year runs from January 1st to December 31st.

When you begin employment, you will be required to fill in a W-4 form that will help the employer withhold your estimated taxes. These are withheld from every pay check for the State and Federal income taxes. Employers will then send out W-2’s to all employees in January and February. A W-2 lists an employee’s annual gross and net earnings, a copy is also sent to the IRS. Individuals must file by April 15th and work out their own tax return (if one is due) fro…