1040 form

(redirected from Forms 1040)

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 IRS is working on a new Form 1040 for the 2019 tax season and announced in late June that they are streamlining the Form 1040 into a "shorter, simpler postcard-sized" form intended to replace and consolidate current Forms 1040, 1040A and 1040EZ so that all 150 million taxpayers can use the same form.
The statistics in this report are estimates from a probability sample of unaudited Individual Income Tax Returns, Forms 1040, 1040A, and 1040EZ (including electronic returns) filed by U.S.
Individual Income Tax Return, and all subsequent Forms 1040 that the taxpayer wanted the election to be effective for until the IRS issued Form 8891, U.S.
The Act requires preparers who expect to file more than 10 individual tax returns (including Forms 1040, 1040A, 1040EZ, and 1041) to file them electronically beginning in CY 2011.
When faced with the task of preparing such a Form 4797, the preparer must review prior-year Forms 1040 to see if all Sec.
In a typical audit the IRS examiners are expected to ask corporate tax departments to assist them in obtaining executives' forms 1040, so they can be reviewed for consistency with the corporate return.
The refund or credit will be issued only on request on the respective 2006 return (Forms 1040 for individuals; 1041, U.S.
Individuals who formerly filed form 8888 to have their refunds sent directly to their bank accounts now need only record their account information on forms 1040, 1040A or 1040EZ.
In February 2008, the stimulus program was signed into law, and, as a result, the national level of Forms 1040, 1040A, and 1040EZ returns increased by an estimated 14.4 million returns above baseline projections in CY 2008.
For each of the selected cases, the IRS is also examining Forms 1040, for executives, to determine whether that form is consistent with information reported on Form 1120.