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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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Itemizing deductions allows some taxpayers to reduce their taxable income, and thus their taxes, by more than if they used the standard deduction.| 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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These deduction and credit tips may help you get a larger refund this year while teaching you how to reduce your taxable income and pay less in taxes in the future.| 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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The IRS releases rates and inflation adjustments annually for federal tax brackets, tax rates, and standard deductions.| Investopedia
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Income tax is a tax that governments impose on income generated by businesses and individuals within their jurisdiction.| Investopedia