We've included the most common ones below.
The most common of these forms are: Form W-2. It's filled out by your employer to document your earnings for the calendar year. This tax form supplies you with some of the most important information you'll need when you fill out your 1040 including the wages you earned and the taxes your employer withheld.
Most Common Tax Forms
The U.S. Individual Income Tax Return is the bread and butter of tax forms -- the starting point for most taxpayers. ... If you make more than $100,000 annually, need to itemize your deductions, are reporting self-employment income or reporting income from sale of property, you'll most likely be using Form 1040.
The simplest IRS form is the Form 1040EZ. The 1040A covers several additional items not addressed by the EZ. And finally, the IRS Form 1040 should be used when itemizing deductions and reporting more complex investments and other income.
It has larger text and less shading than the regular 1040 to help older folks whose vision isn't what it used to be. The 1040-SR also includes a senior-specific standard deduction chart on a separate page.
For single dependents who are under the age of 65 and not blind, you generally must file a federal income tax return if your unearned income (such as from ordinary dividends or taxable interest) was more than $1,050 or if your earned income (such as from wages or salary) was more than $12,000.
Get the current filing year's forms, instructions, and publications for free from the Internal Revenue Service (IRS).
Are tax forms available at my local post office? No, Post Offices do not have tax forms available for customers. However, you can view, download, and print specific tax forms and publications at the "Forms, Instructions & Publications" page of the IRS website. You may also acquire tax forms through the mail.
This law consolidated the forms 1040, 1040A and 1040EZ into a single redesigned Form 1040 that all filers can use. For your 2020 taxes, which you file in 2021, you will use this new 1040. That means you can no longer use the 1040EZ.
You now have an extra month to file your 2020 federal tax return. Last year, the deadline for filing your federal income tax return was pushed back from April 15 to July 15 because of the COVID-19 pandemic. This year, the IRS extended the due date again – this time to May 17.
Form 1040 comes in four different varieties:
Earned Income Tax Credit (EITC) Tax law questions. Transcripts. Online Employer Identification Number (EIN) Application.
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