What is an IRS 1040 Form? – TurboTax Tax Tip Video

https://turbotax.intuit.com/ Form 1040 is used for personal federal income tax returns. It is used to report your filing status, personal information, and the tax identification number for yourself, spouse, and dependents to the IRS.

Note: For tax years beginning 2018, the 1040A and EZ forms are no longer available. They have been replaced with a new 1040 form.

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Video Transcript ~ Title : What is an IRS 1040 Form? – TurboTax Tax Tip Video

Form 1040 is used for personal federal income tax returns.
It is used to report your filing status, personal information, and the tax identification number for yourself, spouse, and dependents to the IRS.
The 1040 Form is divided into sections where you report your income and deductions to determine the amount of tax you owe or the refund you can expect to receive.
In some situations, you may also be required to file other forms and schedules, in conjunction with Form 1040, in order to accurately report your income and claim your deductions and credit.
There is also Form 1040-SR for people aged 65 and over.
It’s almost the same as the 1040, but differences include a larger font and a standard deduction table.
There used to be different versions of the 1040, such as the 1040A and 1040EZ, but these are no longer in use.
For more tax tips and support, visit turbotax.com.

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