Understanding your 1040 is the best way to legally minimize your taxes. Top tax professionals will tell you that effective tax planning needs to be proactive, not reactive. The best tax planning needs ...

If you’re preparing your taxes, you'll file federal income tax Form 1040. Because tax laws change often, Form 1040 might have subtle differences from year to year. Form 1040 is the main form that ...

The new Form 1040-SR should allow seniors to file taxes without benefit of an accountant. A published draft of the new form has lines for specific retirement income streams, such as Social Security ...

The form for those 65 and older is easier to read and fill out Nicole Fallon-Peek is a freelance journalist who has covered small business, careers and finance for 15 years. She is a small business ...

The new Form 1040 that all tax filers will file this year is a one-page document with just 23 lines. It replaces the old 1040 as well as the Form 1040A and Form 1040EZ, and for most tax filers with ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Yarilet Perez is an experienced multimedia journalist and ...

Before filing your tax return, be sure you understand these 14 key tax forms, what they're for, and how they can impact your ...

Janet Berry-Johnson, CPA, is a freelance writer with a background in accounting and income tax planning and preparation for individuals and small businesses. Her work has appeared in Business Insider ...

Once you’ve clicked “file” or dropped your tax return in the mail, use this form to provide the IRS with updated information Written By Written by Contributor, Buy Side E. Napoletano is a contributor ...

If you are filing a federal income tax return on paper, use the simplest form you can, the IRS advises. The simpler the form, the less chance of an error that may ...

With about a month left to get your taxes in, you need to know which form you'll need to file your return. Individuals can choose from three different forms that vary in complexity from the shortest ...

This article was first published on NerdWallet.com. When you are ready to file your tax return for income you earned in 2016, you’ll have to pick from among three forms: the 1040, the 1040EZ or the ...