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As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.
Short title: 2018 Form 1040: Image title: U.S. Individual Income Tax Return: Author: SE:W:CAR:MP: Keywords: Fillable: Software used: Adobe LiveCycle Designer ES 9.0
For 2009 and 2010 there was an additional form, Schedule M, due to the "Making Work Pay" provision of the American Recovery and Reinvestment Act of 2009 ("the stimulus"). Starting in 2018, 1040 was "simplified" by separating out 6 new schedules numbers Schedule 1 through Schedule 6 to make parts of the main form optional.
Since tax year 2018, above-the-line deductions are reported on Schedule 1 of IRS Form 1040. Impact Above-the-line deductions are generally more advantageous for a ...
Tax day is just around the corner -- but that doesn't mean the opportunity to save on your tax bill is over.
Inheriting property or other assets typically involves filing the appropriate tax forms with the IRS. Schedule K-1 (Form 1041) is used to report a beneficiary’s share of an estate or trust ...
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