The target population consists of all individual income tax returns (Forms 1040, 1040A, 1040EZ, and
1040PC, including electronic returns) filed by U.
Form
1040PC use is down nearly 20 percent this year.
AGI is based on a sample of individual income tax returns that is drawn from filers of forms 1040, 1040A, 1040EZ, and
1040PC, including electronic returns; the sample excludes filers of forms 1040NR and 1042, which are used by NIPA nonresident aliens to report their income.
Previously, only those who filed electronically or used the
1040PC format could get their refunds directly deposited into their bank accounts.
Previously, only those who filed electronically or who used the
1040PC computer program were eligible.
For many firms, the
1040PC format is a practical alternative to EFS.
Tax return preparers and taxpayers currently have three alternative methods for filing income tax returns: mailing traditional paper returns, mailing condensed PC paper returns such as the
1040PC, and tax returns transmitted under the IRS's Electronic Filing System (EFS).
The
1040PC format return consists of a computer-generated condensed three-column return.
The program was similar to the
1040PC software the company developed for the Internal Revenue Service, which was used to verify other tax preparation software and ensure compliance with tax regulations.
The target population consisted of all Individual Income Tax Returns (Forms 1040, 1040A, 1040EZ and
1040PC, including electronic returns) filed by U.
Beginning in tax year 1995, revenue procedure 94-34 said, the IRS would accept only returns filed electronically, computer-generated forms
1040PC, IRS-published originals or exact duplicates.
Note to Editors: The break-down of quantities and electronic file sizes for annual Form 1040 Individual Income Tax Return Statements -- including Form 1040, Form 1040A, Form 1040EZ and Form
1040PC -- can be found on the Internal Revenue Service web site at http://www.
