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What is a 1040 Form?

Form 1040, formally known as the “U.S. Individual Income Tax Return,” is the form people use to report income to the IRS, claim tax deductions and credits, and calculate their tax refund or tax bill for the year. The IRS releases a revised version of the form for each tax filing year.

What is a 1040 ez & 1040A?

Match with an advisor serving your area today. The full name the IRS gives to Form 1040 is “Form 1040: U.S. Individual Income Tax Return.” As of 2019, there is only one version of Form 1040, which means all tax filers must use it. Previously, filers with simple tax situations could use the 1040EZ or 1040A.

What is a 1040 X form?

1040-X: This form is filed to make changes to a previously filed 1040 form. Form 1040 is the basic form for filing your federal income taxes. The form walks you through calculating your AGI and claiming any credits or deductions for which you qualify. The form ends with helping you to determine your refund or how much you owe.

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