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.

Tax Season 2021 has begun. When you dig into your tax return for reporting 2020 income, you’ll notice that Form 1040 has changed yet again. In 2018, the IRS condensed Form 1040 significantly ...

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 ...

• Individual Statistics Program studies include data related to the Form 1040 series, U.S. Individual Income Tax Return, as well as data on sales of capital assets and an extensive program that ...

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 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.

Although taxpayers filing Form 1040 series returns may file Form 4868 by July 15 to obtain an automatic extension to Oct. 15, the extension only provides additional time to file the tax return; it ...

The new Form 8888 will give taxpayers a choice of selecting one, two or three accounts such as checking, savings and retirement account. Taxpayers who want all their refund deposited directly into one ...

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 ...