federal tax return

Taxable capital gains here are based on the gains reported on an individual’s federal tax return.

USC shelled out $19.7 million in reportable compensation to Riley between July 1, 2022, and June 30, 2023, according to a federal tax return filed by the university and obtained by The Times.

The federal tax return, which covers only the fiscal year 2022, is the first public disclosure of Riley’s compensation since he left Oklahoma for USC at the end of the 2021 season.

If you’re a California resident and haven’t done your federal tax return for 2023, you now have another, more user-friendly option online: the free Direct File service from the IRS.

The first of three studies tested a real-world scenario: preparing a federal tax return.