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New Member
posted Jun 4, 2019 5:16:56 PM

I don't know what this 1040 form is and what do I do with it.

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1 Best answer
Level 1
Jun 4, 2019 5:16:58 PM

Tax form 1040 is the tax return you file with the IRS.

It reports your income, deductions and credits. It determines if you owe federal taxes or receive a refund.

If you have selected to e-file, see step 3 of File, you need to do nothing. You should print a copy and save for your records.

If you have selected to paper file, again see step 3 of File, you will print and mail form 1040 to the IRS. You will need to include copies of tax form W2 and other documents showing tax withheld. 

1 Replies
Level 1
Jun 4, 2019 5:16:58 PM

Tax form 1040 is the tax return you file with the IRS.

It reports your income, deductions and credits. It determines if you owe federal taxes or receive a refund.

If you have selected to e-file, see step 3 of File, you need to do nothing. You should print a copy and save for your records.

If you have selected to paper file, again see step 3 of File, you will print and mail form 1040 to the IRS. You will need to include copies of tax form W2 and other documents showing tax withheld.