The Internal Revenue Service has issued a second early draft version of the new Schedule 1 for next tax season’s Form 1040 to include a question up top about whether a taxpayer has sold, received, ...

WASHINGTON D.C. (KSNW) – The Internal Revenue Service announced Thursday that for the first time taxpayers will be able to file their Form 1040-X and Amended U.S Individual Income Tax Return, ...

Realizing you made a mistake on your tax return? Don’t panic. If you overlooked a valuable deduction, say, or forgot to report some of your income, you can simply file an amended return. Amending your ...

The government has succeeded in shrinking Americans' most common tax form down to one page -- but it hasn't necessarily made the IRS Form 1040 less complicated. Here is a draft of the soon-to-be ...