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1040. As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.
Form 1040. Form 1040, officially, the U.S. Individual Income Tax Return, is an IRS tax form used for personal federal income tax returns filed by United States residents. The form calculates the total taxable income of the taxpayer and determines how much is to be paid to or refunded by the government.
The 2017 Tax Cuts and Jobs Act brought a lot of changes to the U.S. tax system. One big change is the new Form 1040, which is now more streamlined.
The vast majority of taxpayers must decide between filing a federal form 1040 and a federal form 1040-EZ. For most, the decision hinges on whether you itemize. If you plan to itemize your ...
Tax returns vary from the two-page (Form 1040EZ) [57] used by nearly 70% of individual filers to thousands of pages of forms and attachments for large entities.
What Is a 1040 Tax Form? Form 1040 is the document U.S. taxpayers use to file their tax returns each year. This form is available electronically and as a paper copy. It has the following sections ...
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