News

Taxpayers are now able to file amended returns electronically in more of the Form 1040 series, the IRS announced Thursday in a news release. The newly e-filable forms include Form 1040-NR, U.S.
The 1040 form helps you calculate income, deductions, credits, tax refunds or tax owed to the IRS. You’ll need your Social Security number, wage statements and past tax return to fill out Form 1040.
The IRS has announced a one-time financial support of $1,700 for eligible families through the Child Tax Credit (CTC). This initiative aims to ease the tax burden for 2024 while promoting child ...
Nonetheless, Form 1040-X, (Amended U.S. Individual Income Tax Return) is used to correct a previously filed Form 1040-series return or to change amounts previously adjusted by the IRS.
The Changes In Brief While the IRS Form 1040 for 2021 remains at 38 lines, changes have been made in its supporting forms. In 2018, the IRS condensed Form 1040 from its prior 79 lines in an effort ...
Under the notice, the postponement applies to any individual who files a federal individual income tax return on Form 1040, 1040-SR, 1040-NR, 1040-PR, 1040-SS, or 1040 (SP) (the Form 1040 series) or ...
Last December, the Treasury Department and the IRS released Revenue Procedure 2013-14, which provides updated guidance regarding consents to disclose or use tax return information with respect to ...