03a – Topic: Taxability in the Hands of Different Taxpayers (Part 1 – Individuals)

📚 Topic: Taxability in the Hands of Different Taxpayers (Part 1 – Individuals)

Understanding who is responsible for tax filing and payments. Let’s start with Individuals:

✅ Taxes are paid and returns are filed at the individual level.
✅ This category includes Sole Proprietors.
✅ Filing is done through Form 1040.