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A transfer tax is a tax on the passing of title to property from one person (or entity) to another. In a narrow legal sense, a transfer tax is essentially a ...
In the USA, total transfer taxes can range between very small (for example, .01% in Colorado) to relatively large (4% in the city of Pittsburgh). [2] [3]Some U.S. states have a variety of transfer tax laws which may include specific exemptions for certain types of buyers based on buying status or income level.
In Microsoft Word 2007 and later, the binary file format was replaced as the default format by the Office Open XML (.docx) format, though Microsoft Word can still produce and open DOC files. Microsoft released the Office Compatibility Pack allowing users of Word 2003, 2002, 2000 and 97 to open the new format as well as edit and save them. [8]
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As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ – see below for explanations of each) used for such returns.