The Form 1040 is an official document used by U.S. taxpayers to file their annual income tax returns. It includes sections for reporting income and deductions, which help calculate the tax owed or the ...

For investors selling precious metals, capital gains or losses need to be reported on Schedule D of Form 1040 when making a tax return ... the 28% Rate Gain Worksheet included in the Schedule ...

As gold and silver continue to prove their worth as sound investments, market participants should know how precious metals ...

Free version available for Simple Form 1040 returns ... You have to fill out a worksheet and take it to your bank first. You must fill out a separate worksheet for each IRS payment you make.

Amounts forgiven through debt settlement may be taxed as income by the IRS. An IRS worksheet shows how to ... you won't have to list the income on your Form 1040, but you will complete Form ...

TurboTax Free Edition supports a simple Form 1040 and no schedules except for the earned income tax credit ... investors who need to report capital gains and losses and those who have sold ...

TaxAct's free version TaxAct offers a free version that lets you file Form 1040 and some popular tax credits ... investors who need to report capital gains and losses and those who have sold ...

marks the IRS deadline for filing key federal tax returns, including Form 1040 (Individual Income Tax Return), 1120 (U.S. Corporation Income Tax Return), 1041 (U.S. Income Tax Return for Estates ...

answers readers' questions on tax deductions and losses. Q. I was a victim of internet fraud and lost a lot of money. Can I claim this loss on my Form 1040? A. Depending on the circumstances ...