1040 form

The standard individual tax return form of the IRS.

1040 Form

A document that individuals and some corporations must file with the IRS each year. The 1040 form calculates income, deductions, and credits, and ultimately arrives at how much, if any, tax the filer owes for the year. The form itself is short, but many taxpayers must use additional forms to calculate how things like dividend income and capital gains are taxed on the 1040. See also: 1040EZ.

References in periodicals archive ?

The government said that in some instances, clients were directed to sign the bottom of a blank 1040 form and the bottom of incomplete or blank work sheets.

Tax preparer accused of fraud; Allegedly fraudulent refunds total $236K

Tax school is open to anyone who would like to learn how to prepare a Federal 1040 form and keep up with the current tax laws.

BPSI Announces First Annual Tax School

The first release of the MeF 1040 includes the base 1040 form, 10 or 11 commonly used schedules, and explanatory attachments.

IRS announces release date for 1040 modernized e-file program

Each tax expert handled dozens of questions throughout the programs, ranging from inquiries on estate taxes to simple questions about the 1040 form.

Who ya gonna call? CPAs! During February and March, CPAs came to the rescue for many beleaguered individuals seeking tax advice. The Society's volunteers took time from their busy tax preparation season to serve on special tax hotlines sponsored by media throughout Ohio

The IRS has always been fair and caring, particularly in the tax years 1997 to 2003, when it allowed one particular deduction on my 1040 form which, on the lace of it, was almost laughable for its .

150 years of keeping the faith

The AMT requires that the tax liability be calculated twice, once using the regular 1040 form, with its graduated tax rates and generous deductions, and again using the AMT form, which levies a flat rate of 26 percent or 28 percent on all nonexempt income.

Family firms vulnerable to alt-min tax

Once the transaction is complete, be sure to keep the paperwork for your IRS 1040 form.

DRIVEN TO GIVE; WHAT TO ASK BEFORE YOU DONATE

The list reflects 1040 form information received by the IRS through May 19, 1999.

IRS publishes top errors

The term "modified AGI" is the taxable amount on your IRS 1040 form after certain adjustments.

Is a Roth IRA for You?

But if by marriage you mean a piece of paper signed in a fluorescent-lit city hall, that remnant of medieval property law that held that a woman is the chattel of her husband, that codified yardstick used as a moral bludgeon by bully preachers, that restrictive moral interpretation that perversely asserts marriage is marriage only if there is sexual monogamy, a line on a Federal 1040 form, and the intrusion of the state into those aspects of my life that are most sacred, mystical, and holy--if this is the kind of nonsense you mean by marriage, I am against it with all my heart.

A new marriage mantra

It contains more than 1,000 changes in the Internal Revenue Code, so many alterations that next year's 1040 form may expand to three pages.

Complexity theory: if the IRS is abusive, the tax code is worse

Entered on line 44 of the IRS 1040 form, tax credits are a direct, bottom-line reduction of federal income tax liability from all sources of income, including active income from wages, and portfolio income from interest and dividends.