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S Corporation or S Subchapter, also known as an S Division, is one type of legal business structure common among small businesses. A limited liability company (LLC) is different. Form 1040 is what individual taxpayers use to file tax returns with the IRS. Form 1040-A was a simplified version of Form 1040 used to file personal income taxes. Form 1040EZ was an abridged version of Form 1040 for taxpayers with basic tax situations. Section 501(c)(3) is part of the Internal Revenue Code (IRC) and is a special tax category for non-profit organizations. Value tax is a tax based on the appraised value of an item, such as real estate or personal property. The Supplemental Child Tax Credit was the refundable portion of the Child Tax Credit. The IRS uses your adjusted gross income (AGI) to determine how much income tax you owe in a year. After-tax income is gross income less federal, state and withholding taxes. An amended return is a form filed to correct a previous year’s tax return.