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1040 Tax Return

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1040 Tax Return - File Your Taxes Online Electronically Not The Old Fashion Paper Way

The 1040 is probably the most commonly requested tax form in one version or another.

Form 1040 - U.S. Individual Income Tax Return

Form 1040A - U.S. Individual Income Tax Return

Form 1040EZ - Income Tax Return for Single and Joint Filers With No Dependents

If you are planning to prepare your own taxes with paper forms you can take a trip to the post office or download them below. If you want to save time and receive a refund quicker (if you are getting a tax refund) you can complete your taxes online using online tax prep software and then efile your federal and most likely state income tax returns.

Most Common and Requested Tax Forms and Schedules Related to the 1040:

Form 1040 -
Download Here - http://www.irs.gov/pub/irs-pdf/f1040.pdf
Instructions Here - http://www.irs.gov/pub/irs-pdf/i1040gi.pdf

Form 1040A
Download Here - http://www.irs.gov/pub/irs-pdf/f1040a.pdf
Instructions Here - http://www.irs.gov/pub/irs-pdf/i1040a.pdf

Form 1040EZ -
Download Here - http://www.irs.gov/pub/irs-pdf/f1040ez.pdf
Instructions here - http://www.irs.gov/pub/irs-pdf/i1040ez.pdf

Schedules A&B - Itemized Deductions & Interest and Ordinary Dividends - Download Here - http://www.irs.gov/pub/irs-pdf/f1040sab.pdf
Instructions Here - http://www.irs.gov/pub/irs-pdf/i1040sa.pdf

Schedule C - Profit or Loss From Business - Download Here - http://www.irs.gov/pub/irs-pdf/f1040sc.pdf
Instructions Here - http://www.irs.gov/pub/irs-pdf/i1040sc.pdf

Schedule D - Capital Gains and Losses -
Download Here - http://www.irs.gov/pub/irs-pdf/f1040sd.pdf
Instructions Here - http://www.irs.gov/pub/irs-pdf/i1040sd.pdf

Schedule EIC - Earned Income Credit -
Download Here - http://www.irs.gov/pub/irs-pdf/f1040sei.pdf

Form 8888 - Direct Deposit of Refund to More Than One Account -
Download Here - http://www.irs.gov/pub/irs-pdf/f8888.pdf

Form 2441 - Child and Dependent Care Expenses -
Download Here - http://www.irs.gov/pub/irs-pdf/f2441.pdf

If you still have questions the most common ones for individuals can be answered in Publication 17 - Your Federal Income Tax which can be downloaded here - http://www.irs.gov/newsroom/article/0,,id=105115,00.html

No matter which option above you choose - to file your taxes manually with paper or to file them electronically with online tax software and then efile your returns, you still need (most likely) to complete your tax return or file an extension by April 15th each year (unless it's on a weekend, then it's the next business day).

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IRS eFile 

Make Sure Your Provider is Authorized By The IRS To E-File Your Return

New IRS e-file Rule July 30, 2007

The IRS has established new e-file rules to enable it to more quickly identify fraud schemes including phishing. These new IRS e-file rules apply to all Authorized IRS e-file Providers, including Online Providers, Intermediate Service Providers, and Electronic Return Originators (EROs) that obtain taxpayer information via the Internet directly or through third parties in order to e-file federal returns.

Whether you use online electronic means to efile your 1040 tax return or a more traditional provider to efile your 1040 tax return make sure they are authorized by the IRS.

For Easy Online Tax Preparation and To Use a Trusted and Longtime Authorized efile provider check out TaxBrain.Com

Tax Help On Amazon 

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Real Estate Investing for Dummies

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The Taxes Song 

The Taxes Song

cnn youtube democratic debate question 30. The Taxes Song

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New recordkeeping requirements for cash contributions. - -25-JAN-2008 

You cannot deduct a cash contribution, regardless of the amount, unless you keep as a record of the contribution a bank record (such as a canceled check, a bank copy of a canceled check, or a bank statement containing the name of the charity, the date, and the amount) or a written communication from the charity. The written communication must include the name of the charity, date of the contribution, and amount of the contribution.

http://www.irs.gov/formspubs/article/0,,id=177985,00.html

Expired Tax Benefits --25-JAN-2008 

The following tax benefits have expired and will not apply for 2008.

* Deduction for educator expenses in figuring adjusted gross income.
* Tuition and fees deduction.
* Deduction for state and local general sales taxes.
* District of Columbia first-time homebuyer credit (for homes purchased after 2007).
* The election to include nontaxable combat pay in earned income for the earned income credit.
* Nonbusiness energy property credit.

At the time this publication went to print, Congress was expected to consider legislation that would reinstate these benefits. To find out if legislation is enacted, go to www.irs.gov, click on More Forms and Publications, and then on What's Hot in forms and publications.

See Alternative Minimum Tax (AMT) and Charitable Contributions for information on other tax benefits expiring for 2008.

http://www.irs.gov/formspubs/article/0,,id=177993,00.html

What's New 

Form 1040 and Form 1040NR Instructional Changes - --25-JAN-2008

As a result of the Tax Technical Corrections Act of 2007, the following instructional changes apply when completing the 2007 Form 1040 (or Form 1040NR). The paper and online versions of Form 1040 (and Form 1040NR) and instructions will not be revised.

* The tax from Form 8889, Part III (relating to health savings accounts) that was to be reported on Form 1040, line 44 (or Form 1040NR, line 41), using checkbox "c" must instead be included in the total on Form 1040, line 63 (or Form 1040NR, line 58), as an additional write-in tax. On the dotted line next to Form 1040, line 63 (or Form 1040NR, line 58), enter "HDHP" and the amount of this tax.
* The additional tax on recapture of a charitable contribution of a fractional interest in tangible personal property that was to be included on Form 1040, line 44 (or Form 1040NR, line 41), must instead be included in the total on Form 1040, line 63 (or Form 1040NR, line 58), as an additional write-in tax. On the dotted line next to Form 1040, line 63 (or Form 1040NR, line 58), enter "FITPP" and the amount of this tax.
* All filers of Forms 2555 or 2555-EZ must figure their tax using the worksheet found in Publication 4655, Supplemental Instructions for 2007 Form 1040 and Form 1040NR.

http://www.irs.gov/formspubs/article/0,,id=177978,00.html

Not Tax Advice - See A Tax Professional For Advice 

No information on this page is considered tax advice. You should see a tax adviser or professional tax preparer for specific questions and help.

For More Information on Forms and Publications Visit irs.gov and http://www.irs.gov/formspubs/content/0,,id=178012,00.html for tax changes pertaining to individuals for 2007
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