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, ...

The 1040 tax form is the form most people use for filing taxes. It's not the easiest to understand, though. Form 1040 received an overhaul and revamp in 2018 that was designed to make it shorter and ...

The Internal Revenue Service’s six new schedules for the Form 1040 hardly seem to fit onto a postcard. Now we have the draft Schedule 1, which is for “Additional Income and Adjustments to Income.” ...

The nationwide tax filing deadline is just one day away on Tuesday, April 15. If you've left your filing to the last minute and need a refresher, Newsweek has broken down everything you need to know ...

Use Schedule C to report all financial activity from your business. The form contains two basic sections: the money you received and the money you paid out in cost of the merchandise you sold or in ...

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 important ...