1040PC Form

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1040PC Form

A version of the 1040 Form that consisted of fewer pages. The 1040PC allowed taxpayers to prepare their tax return on a computer; it consisted of a bottom line number, a dollar amount, and an explanatory column called a legend page. It was introduced in 1993 and discontinued in 2000 as e-filing became more prominent.

References in periodicals archive ?

The target population consists of all individual income tax returns (Forms 1040, 1040A, 1040EZ, and 1040PC, including electronic returns) filed by U.S.

Sales of capital assets panel data, tax years 1999-2003

Form 1040PC use is down nearly 20 percent this year.

FAREWELL TO FORM 1040PC

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.

Comparison of BEA Estimates of Personal Income and IRS Estimates of Adjusted Gross Income

Previously, only those who filed electronically or who used the 1040PC computer program were eligible.

IRS expands direct deposit for refunds option

For many firms, the 1040PC format is a practical alternative to EFS.

Electronic tax filing: how is it working?

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).

Tax filing and electronic data interchange

The 1040PC format return consists of a computer-generated condensed three-column return.

Electronic filing - it's in everyone's future

The target population consisted of all Individual Income Tax Returns (Forms 1040, 1040A, 1040EZ and 1040PC, including electronic returns) filed by U.S.

Sales of capital assets panel data reported on individual tax returns, 2004-2007

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.

IRS reverses controversial procedural notice

Another option to be featured is IRS form 1040PC, which is used with tax preparation software; with this option, only lines that have entries are printed on the form that is submitted.

IRS tax forums stress simplicity

Forms 1040, 1040A, 1040EZ, and 1040PC 127,097,200 129,444,900

Table 21. Selected Returns and Forms Filed or To Be Filed by Type During Calendar Years, 2000-2011

1994 Filing season statistics Individual income tax returns 1993 1994 % change Total receipts 89,782,000 82,847,000 -7.7 Total processed 64,733,000 64,051,000 -1.1 Filing alternatives-- total receipts Electronic filing 12,153,000 13,147,000 8.2 1040PC format 2,618,000 3,151,000 20.4 TeleFile 147,000 508,000 245.6 Refunds certified by the Martinsburg Computing Center Number 52,283,000 51,748,000 -1.0 Amount of principal $50.979 billion $53.033 billion 4.0 Average refund $975 $1,025 5.1 Source: Internal Revenue Service