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A Federal Housing Administration (FHA) loan is a government-insured mortgage issued by an FHA-approved lender to help borrowers who don't meet conventional standards.| Investopedia
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The standard deduction is a portion of income that is not subject to tax and can be used to reduce a tax bill instead of itemizing deductions.| Investopedia
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Filing status is a category that defines the type of tax return form a taxpayer must use when filing their taxes. Filing status is tied to marital status.| Investopedia
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Form 1040 is the standard U.S. individual tax return form that taxpayers use to file their annual income tax returns with the IRS.| Investopedia
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State vs. federal income tax rates, types of income subject to tax, and more can differ. State income tax varies depending on your state. Federal income tax doesn't.| Investopedia
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The U.S. uses three types of tax systems: regressive, proportional, and progressive. Two impact high-and low-income earners differently and one is the same for all.| Investopedia
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Avoid writing a check to the IRS every April by changing your W-4 form to have the correct amount of income tax withheld from your pay. Learn how this works.| Investopedia
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Income tax is a tax that governments impose on income generated by businesses and individuals within their jurisdiction.| Investopedia