Taxpayers fill out the form, listing their income and any tax deductions or credits they're eligible to claim. The completed 1040 will also include the taxpayer's refund or tax liability amount.

Form 1040 is a federal tax form that U.S. taxpayers use to file their annual income tax return. It helps taxpayers determine how much they owe the IRS or if they're due a tax refund. Based on the ...

They can continue to use the standard 1040 form if they wish. Tax forms often use small, hard–to-read font and complex terminology, which can be challenging for older adults who complete their ...