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, ...

Tax professionals who have begun working on their clients' tax returns this year are encountering a slight change in wording at the top of Form 1040 when it comes to declaring whether taxpayers bought ...

Once you’ve clicked “file” or dropped your tax return in the mail, use this form to provide the IRS with updated information Richard Richtmyer is an senior editor at Buy Side and expert in student ...

A new Form 1040 tailored to taxpayers 65 and older is making its debut today. In mid July, the IRS released a draft form of the inaugural version of the 1040-SR, “U.S. Tax Return for Seniors.” 7 ...