6012-1(a)(6) prescribes Form 1040 as the form for making the return required of an individual.
Virtually all of the authority for treating a signed Form 1040 as a nullity relies on the fact that the taxpayer refused to provide any information pertaining to his income, or provided de minimis income information and accompanied the purported return with tax-protestor-type arguments.
Using the 1040 as a protection roadmap -- Different filing statuses such as "Single," "Married Filing Jointly," "Head of a Household" or "Qualifying Widow(er)" all point to potential life insurance needs.
Using the 1040 as a protection roadmap: This benchmark is what can guide decisions on how much life insurance is needed.
Using the 1040 as a protection roadmap: In contrast to the profits from the sale of equities, for example, cash value increases within a life insurance policy or annuity compound on a tax-deferred basis.
Using the 1040 as a protection roadmap: Life insurance can help accomplish a number of financial objectives in this area, including passing a business interest to heirs or associates, or accumulating enough assets to supplement retirement income.
Using the 1040 as a protection roadmap: Clients who wish to enhance their charitable giving might consider donating a life insurance policy and taking a tax deduction in recognition of their generosity.