As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

Tax Day is April 15, and it’s still not too late to gather the documents you need to file your taxes. This includes Form 1040 from the IRS. Read on to learn more about this form and why it’s ...

W2 Form: A W2 form is the wage and tax statement provided by your employer. W2's are issued to everyone who worked and was paid by an employer during the previous year unless all wages were exempt ...

If you’re preparing your taxes, you'll file federal income tax Form 1040 ... additional forms. Your 1040 will come with a number of schedules – like Schedule 1 and Schedule A – that are ...

Charitable contributions must be claimed as itemized deductions on Schedule A of IRS Form 1040. Charitable cash contributions to qualified charities cannot exceed 60% of an individual's AGI.