Each year many of us receive or fill out a lot of tax forms, and each of those forms has a specific purpose. Outlined below are some of the most common. You can find more detailed information by clicking on the form’s name.
The most important of them all, Form 1040 is the basic form on which you file your personal income taxes. There are additional forms and schedules you may need to calculate line items on the main Form 1040, but you can’t file your taxes without it. There are also different versions you may use, depending on your tax situation, such as the 1040EZ, 1040A, and 1040X.