All About the 1040 Form
Being so easy, you wouldn’t think that anyone would pay someone to fill out a 1040 Form on their behalf.
Pay someone to prepare a easy two-page form?
It sounds preposterous, yet that’s exactly what many individuals do, apparently intimidated by the many, many, many pages of instructions.
These instructions for the 1040 Form are in reality pretty straightforward and not too many.
They span so many pages, however, because of the fact that multiple scenarios are covered, with illustrations given and definitions provided.
The 1040 Form is about as simple as it gets, though variants including the 1040A and 1040EZ do exist that streamline matters even further.
But it’s no surprise that the 1040 should be simple; it is, after all, the “starter form” for most American taxpayers, folks who do not possess complex situations.
Despite being all of two pages by itself, many who file the 1040 will also present attachments that report information which might not fit in the limited space given on the form itself.
These attachments are official parts of the 1040 called “schedules.”
Schedule C, for example, lists income and expenses related to self-employment, while Schedule F is used to report that associated with farming.
It’s all due by April 15 each year – or the first business day after that should April 15 fall on the weekend or a holiday.
But due to the worldwide web, filing is easier than in the past, as is preparation itself, with guided onscreen instructions offered at the websites of most of the biggest name in computer tax software.
It is not simple charity on their part, however; these companies lobbied the IRS very hard when it planned to provide, totally free, tax preparation and filing through the official IRS website.
The resultant comprise allows those making less than twenty-five grand a year to have their federal taxes prepared and filed for free when done online.

