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 ...

The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, ...

Preparing for tax season can be overwhelming. However, understanding the key forms you'll encounter can help avoid tax debt ...

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 ...

The Internal Revenue Service has released the redesigned Form 1040, along with six related tax schedules, for next tax season after changes under the Tax Cuts and Jobs Act promised to simplify the tax ...

Use Schedule C to report all financial activity from your business. The form contains two basic sections: the money you received and the money you paid out in cost of the merchandise you sold or in ...

Tax Day is April 15, and it’s still not too late to gather the documents you need to file your taxes. This includes Form 1040 from the IRS. Read on to learn more about this form and why it’s important ...