What is a 1040 tax form?

Form 1040 is the standard Internal Revenue Service (IRS) form that individual taxpayers use to file their annual income tax returns. The form contains sections that require taxpayers to disclose their taxable income for the year to determine whether additional taxes are owed or whether the filer will receive a tax refund.

What do I need to fill out a 1040 Form?

You’ll need your Social Security number, wage statements and past tax return to fill out Form 1040. 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.

Who needs to file IRS Form 1040?

(Overview and Instructions) Almost everyone in the United States needs to file IRS Form 1040. Form 1040 is how taxpayers file a federal income tax return. Taxpayers age 65 and older may be able to use Form 1030-SR, or the Tax Return for Seniors. The easiest way to complete Form 1040 is to use tax filing software or IRS Free File.