If you're staring at your 1040 income tax form and feeling lost, you probably aren't alone. The 1040 tax form was overhauled and revamped in 2018, designed to be shorter and hopefully less confusing.
The new Form 1040 that all tax filers will file this year is a one-page document with just 23 lines. It replaces the old 1040 as well as the Form 1040A and Form 1040EZ, and for most tax filers with ...
Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. Ready or not, tax return reporting has changed yet again for the 2020 ...
The government has succeeded in shrinking Americans' most common tax form down to one page -- but it hasn't necessarily made the IRS Form 1040 less complicated. Here is a draft of the soon-to-be ...
Last year, when you filed your taxes, you had a choice of several different 1040 forms. If you had a fairly simple tax return, chances are good you probably chose Form 1040EZ rather than the full 1040 ...
Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. While the IRS Form 1040 for 2021 remains at 38 lines, changes have ...
Here's a rundown of the new postcard-sized Form 1040 and why it may not be as simple as it seems. The IRS recently released a draft of its new Form 1040 that every American taxpayer will use to file ...
With about a month left to get your taxes in, you need to know which form you'll need to file your return. Individuals can choose from three different forms that vary in complexity from the shortest ...
A new tax form targets a specific audience. One of the biggest changes that taxpayers faced last year as a result of tax reform was a new 1040 tax form. The IRS eliminated the popular 1040-EZ and ...
Individual taxpayers in the United States use IRS Form 1040 when filing their federal income taxes. The form comes in three varieties -- the standard 1040, the 1040A, and the 1040EZ. The purpose of ...
The 1040 tax form is the form most people use for filing taxes. It's not the easiest to understand, though. Form 1040 received an overhaul and revamp in 2018 that was designed to make it shorter and ...