The Form 1040 is an official document used by U.S. taxpayers to file their annual income tax returns. It includes sections for reporting income and deductions, which help calculate the tax owed or the ...

Filing your federal tax return to the Internal Revenue Service (IRS) starts with having the right forms in hand. Whether you choose to e-file or submit a paper return, being well-prepared is essential ...

And send 1099 forms by January 31 to ... income is usually reported on Schedule E. Also, the rental income generally isn’t subject to self-employment tax. If you qualify, you take the 20% ...