Income Tax Returns Periods

• Quarterly 

• Fiscal Year/Financial Year

• Calendar Year 

• Rolling Calendar Year 

• Annual Returns

Income Tax Slabs Returns 

Example 1

When your salary is $152,000

$0-25000 = $25000 (-10%)

$25000-75000 = $50000 (-15%)

$75000-150000 = $75000 (-20%)

$150000-$152,000 = $2000 (-30%)

Deductibles 

Pension Plan

Life Insurance

Medical Insurance 

Donations