What is a 1040 form used for?

Answer The 1040 is a lesser used and more complicated tax form, but may save you more money. However, you generally have to place in the highest income bracket to see any benefits. In addition, people oft... Read More »

Top Q&A For: What is a 1040 form used for

What Is the Difference Between IRS Form 1040 & 1040A?

The Internal Revenue Service (IRS) makes multiple individual income tax return forms. Anyone can file a 1040, but the 1040A and 1040EZ forms work for people with less complicated taxes who do not n... Read More »

What Is the Difference Between the 1040 and the 1040a Form?

There are several types of tax returns that have similar sounding the names. The 1040 and 1040a share many traits, but have some distinct differences that make filing the 1040 less common.Identific... Read More »

How to Fill out IRS Form 1040?

Internal Revenue Service (“IRS”) Form 1040 is used to calculate and file yearly income tax returns with the IRS. Most individuals, including married couples, who earned more than $3,700 for the... Read More »

Form 1040 V Instructions?

When tax time comes and you discover that you’re one of those unlucky souls owing money to the Internal Revenue Service, then you should submit a 1040-V payment voucher. The 1040-V is a simple fo... Read More »