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Frequently Asked Questions

What is the 1040 form on taxes?

The IRS Form 1040 is one of the official documents that U.S. taxpayers can use to file their annual income tax return. The form is divided into sections where you can report your income and deductions to determine the amount of tax you owe or the refund you can expect to receive.

What is Form 1040 used for?

Form 1040 (officially, the "U.S. Individual Income Tax Return") is one of three IRS tax forms (see variants section for explanations of each) used for personal (individual) federal income tax returns filed with the Internal Revenue Service (IRS) by United States residents for tax purposes.

Is 1040 Schedule a deduction?

Use Schedule A (Form 1040) to figure itemized deductions, which include a part of medical and dental expenses and unreimbursed employee business expenses, and amounts paid for certain taxes, interest, contributions, certain casualty and theft losses, and miscellaneous expenses.

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