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The new US Federal Income Tax Forms for the tax year of 2018 to be filed in 2019. ... “Many people will only need to file Form 1040 and no schedules,” according to the IRS. ... IRS Form 1040 ...
No, a 1040 is not the same as a W-2, but you use the information included on a W-2 to complete the 1040 form. A W-2 is the form employers use to report the wages paid to an employee during the year.
Original file (1,275 × 1,650 pixels, file size: 34.32 MB, MIME type: application/pdf, 112 pages) This is a file from the Wikimedia Commons . Information from its description page there is shown below.
The 2017 Tax Cuts and Jobs Act brought a lot of changes to the U.S. tax system. One big change is the new Form 1040, which is now more streamlined.
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.
Form 1040-X (officially, the "Amended U.S. Individual Tax Return") is used to make corrections on Form 1040, Form 1040A, and Form 1040EZ tax returns that have been previously filed (note: forms 1040-A and 1040-EZ were discontinued starting with tax year 2018, but a 1040X may still be filed amending one of these tax forms filed for previous years).
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