Form 1040

The New Form 1040 and Six Accompanying Schedules

Tax reform of 2017 promised us shorter, simpler, tax forms. We even were told that we might be able to file on a form the size of a postcard – although we may have wondered how that would work out.

The Internal Reve…

8 Key Highlights of the New Form 1040 Draft

At the end of June, the IRS released an early draft of the newly revised Form 1040. If you’re not familiar with that term, Form 1040 is the standard tax form individuals use to file their income tax returns. For instance, if you itemized your ded…

1040EZ or 1040A: What’s the difference?

When it comes time to file your taxes, it can feel like there are an endless amount of forms, options, and different qualifiers. How do you know what forms you should fill out?The main form filers use is called the Internal Revenue Service (IRS) Form 1…