When filing for income tax return, you are supposed to submit the tax form 1040 and send it to the IRS promptly every year. The Form 1040 is what you fill up when reporting your income, claim certain deductions, and to calculate the overall income tax for the year. After several improvements the 1041 form has been broken down to two forms known as 10410-EZ and the 1040A in which both have different criteria and different set of instructions for people who are either employed or who are generating their own income.
Sending the tax forms on time is very important because the IRS and the Department of Revenue of the state that one belongs to reprimand those who do not pay their taxes and submit their forms on time. Unfortunately, some taxpayers still find it difficult to fill up and submit their tax forms because they do not know exactly what information to enter and the submission instructions right after filling the necessary information. This delays their processing, so as early as now the instructions for tax form 1040 must be read and understood thoroughly to avoid any problems in the future. There are websites that offer 1040 form help, as well as easier instructions on what to do right after answering the tax forms. You can also consult the customer service of the IRS if you are still confused on what to do with the Form 1040 so that they can answer any question, inquiry, and clarification that you may need.
December 15 2008 11:28 pm | Filing 1040 forms