Form 1040 is the essential U.S. tax form for reporting individual income to the IRS. Discover its types, uses, and filing ...

When you prepare the 1040X, it’s not necessary to complete a brand new tax return. Form 1040X only requires that you update numbers that will change. If your changes affect more than one tax return, ...

Realizing you made a mistake on your tax return? Don’t panic. If you overlooked a valuable deduction, say, or forgot to report some of your income, you can simply file an amended return. Amending your ...

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 ...

The form for those 65 and older is easier to read and fill out Reviewed by Lea D. Uradu Fact checked by Suzanne Kvilhaug To simplify taxes for those ages 65 and older, the Internal Revenue Service ...

The Internal Revenue Service is now letting taxpayers submit Form 1040-X electronically when they want to file an amended tax return through commercial tax software, in what the agency called a “major ...

Once you’ve clicked “file” or dropped your tax return in the mail, use this form to provide the IRS with updated information Written By Written by Contributor, Buy Side E. Napoletano is a contributor ...

The new Form 1040-SR should allow seniors to file taxes without benefit of an accountant. A published draft of the new form has lines for specific retirement income streams, such as Social Security ...