As April 15 nears, millions of taxpayers this year will have to navigate the IRS' new Form 1040. It's the result of a campaign promise by then-presidential candidate Donald Trump to simplify tax rules ...
If you're staring at your 1040 income tax form and feeling lost, you probably aren't alone. The 1040 tax form was overhauled and revamped in 2018, designed to be shorter and hopefully less confusing.
Individual taxpayers in the United States use IRS Form 1040 when filing their federal income taxes. The form comes in three varieties -- the standard 1040, the 1040A, and the 1040EZ. The purpose of ...
A check mark. It indicates that the relevant content has been reviewed and verified by an expert This story has been reviewed by a professional to ensure you get the most accurate and useful ...
Taxes can be complicated. As taxpayers, we find that frustrating. So it would make sense, then, that we would snatch up the easiest tax forms that we can find. Only, that's not always the right choice ...
The 1040 form is the central component of an individual tax return. It's so important, in fact, that the IRS offers it in three standard versions, plus a few less common types for unusual ...
Most people hate filling out tax forms almost as much as they hate forking over dough to Uncle Sam. That's why you should use the simplest tax return form you can, especially if you're still filling ...
Your federal income taxes are going to look a little different this year, thanks to the 2017 Tax Cuts & Jobs Act. Credits and deductions have changed, as has your 1040. It’s not really postcard-sized, ...
Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. We knew that would get your attention. While capital gains tax and ...
The IRS has released the new version of the Form 1040, the main form used in individual taxation. According to a version reviewed by The Wall Street Journal, here’s a quick guide to what is expected ...