Form 1040
Form 1040 is an Internal Revenue Service (IRS) form used by individuals to file their annual income tax return. It is the most commonly used form for filing taxes in the United States. It is used to report income, deductions, credits, and other information related to taxes. The form is divided into several sections, including income, deductions, credits, and other information. The form is used to calculate the amount of taxes owed or refunded to the taxpayer.
History of Form 1040
Form 1040 has been used since 1913, when the 16th Amendment to the United States Constitution was ratified, allowing the federal government to collect income taxes. The form has evolved over the years, with the most recent version being released in 2018. The form is updated annually to reflect changes in tax laws and regulations.
Comparison of Form 1040 Versions
| Form 1040 Version | Number of Pages | Number of Schedules |
|---|---|---|
| 2018 | 2 | 6 |
| 2017 | 2 | 6 |
| 2016 | 2 | 6 |
Summary
Form 1040 is an IRS form used by individuals to file their annual income tax return. It is the most commonly used form for filing taxes in the United States. It is used to report income, deductions, credits, and other information related to taxes. The form is updated annually to reflect changes in tax laws and regulations. For more information about Form 1040, visit the IRS website or consult a tax professional.
See Also
- Form 1040-EZ
- Form 1040-A
- Form 1040-NR
- Form 1040-X
- Form 1040-V
- Form 1040-ES
- Form 1040-NR-EZ
- Form 1040-PR
- Form 1040-SS
- Form 1040-T
