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Fort Worth Texas online Form 1040 Tax Table: What You Should Know

Texas Exemptions β€” City of Houston The City of Houston Tax Exemptions are in effect January 1 through June 30. Tax exemptions are available from the City. Texas Property Tax Exemption β€” City of Houston The City of Houston Property Tax Exemption is in effect January 1 through June 30. A property tax paid to the City of Houston does not accrue to the taxpayer. Tax Exemption for City of Houston Employees β€” City of Houston City of Houston employees pay only an annual City tax to maintain the City's governmental services (police and fire departments), including a city tax exemption that provides a tax credit of up to 40% on certain property's assessed valuation. Texas Sales Tax Exemption β€” City of Houston The City of Houston Sales Tax Exemption is in effect January 1 through June 30. A tax paid at the City of Houston to the City is not a levy against the taxpayer, which means sales tax refunds (i.e., tax refund checks) may be used to offset income tax. Texas Estate Tax Exemption β€” City of Houston The City of Houston Estate Tax Exemption is in effect January 1 through June 30. Estate tax is a transfer of a taxpayer's principal residence within Houston. Texas Estate Tax Exemption for Veterans Living in Houston The Texas Estate Tax Exemption is only available to persons who are deceased at the time of filing of the return. Texas Educational Tax Credit β€” City of Houston The Texas Educational Tax Credit provides tax relief and refunds up to 5,000 (or 20% of the qualified education expenses) if a taxpayer has elected to claim the Texas Educational Tax Credit. Texas Family Leave Program (FLIP) β€” City of Houston Texas Family Leave Program (FLIP) β€” City of Houston The City of Houston is a β€œWork, Visit, or Play” jurisdiction and does not provide paid state or federal leave. However, if you leave your job for at least a year and do not re-employ with the same firm or company, you may qualify for a non-taxable leave time credit of up to one-fourth of your base pay for each year of state or federal leave that was taken. Tax Gifts β€” City of Dallas The City of Dallas exempts from sales tax β€œgift certificates, bills of exchange, promissory notes, and other evidences of indebtedness to the City of Dallas.

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