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What is federal income tax return?

A tax return is a document filed with state or federal authorities that declares a taxpayers liability for being taxed, based on their yearly income.

What is 1040 income tax return form?

IRS Tax Form 1040 (U.S. Individual Income Tax Return) Form 1040 is the standard federal income tax form used to report an individual’s gross income (e.g., money, goods, property, and services). It is also known as “the long form” because it is more extensive than the shorter 1040A and 1040EZ Tax Forms.


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