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Printable IRS 1040 Form in PDF

The IRS 1040 form is a standard document used by individuals in the United States to report their annual income and calculate their tax obligations. This essential form allows taxpayers to detail various sources of income, claim deductions, and determine their tax liability. Understanding the nuances of the 1040 form is crucial for ensuring compliance with tax laws and maximizing potential refunds.

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IRS 1040 Preview

Form

1040

Department of the Treasury—Internal Revenue Service

(99)

U.S. Individual Income Tax Return

2021

OMB No. 1545-0074

IRS Use Only—Do not write or staple in this space.

Filing Status

Check only one box.

	Single		Married filing jointly		Married filing separately (MFS)		Head of household (HOH)		Qualifying widow(er) (QW)

If you checked the MFS box, enter the name of your spouse. If you checked the HOH or QW box, enter the child’s name if the qualifying person is a child but not your dependent ▶

Your first name and middle initial

Last name

Your social security number

If joint return, spouse’s first name and middle initial

Last name

Spouse’s social security number

Home address (number and street). If you have a P.O. box, see instructions.

Apt. no.

Presidential Election Campaign

Check here if you, or your

spouse if filing jointly, want $3

City, town, or post office. If you have a foreign address, also complete spaces below.

State

ZIP code

to go to this fund. Checking a

box below will not change

Foreign country name

Foreign province/state/county

Foreign postal code

your tax or refund.

You

Spouse

At any time during 2021, did you receive, sell, exchange, or otherwise dispose of any financial interest in any virtual currency?

Yes

Standard

Someone can claim:

You as a dependent

Your spouse as a dependent

Deduction

Spouse itemizes on a separate return or you were a dual-status alien

Age/Blindness You:

Were born before January 2, 1957

Are blind

Spouse:

Was born before January 2, 1957

Is blind

Dependents (see instructions):

(2) Social security

(3) Relationship

(4) ✔ if qualifies for (see instructions):

If more

(1) First name

Last name

number

to you

Child tax credit

Credit for other dependents

than four

dependents,

see instructions

and check

here ▶

Attach

Wages, salaries, tips, etc. Attach Form(s) W-2

Tax-exempt interest . . .

b Taxable interest

. . . .

Sch. B if

Qualified dividends . . .

b Ordinary dividends . . . .

required.

IRA distributions . . . .

b Taxable amount

Pensions and annuities . .

b Taxable amount

Standard

Social security benefits . .

b Taxable amount

Deduction for—

Capital gain or (loss). Attach Schedule D if required. If not required, check here .

. . . ▶

• Single or

Other income from Schedule 1, line 10

Married filing

separately,

Add lines 1, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your total income

▶

$12,550

• Married filing

Adjustments to income from Schedule 1, line 26

jointly or

Subtract line 10 from line 9. This is your adjusted gross income

. . . . . . . . .

▶

Qualifying

widow(er),

Standard deduction or itemized deductions (from Schedule A)

. .

12a

$25,100

Charitable contributions if you take the standard deduction (see instructions)

12b

• Head of

household,

Add lines 12a and 12b

12c

$18,800

• If you checked

Qualified business income deduction from Form 8995 or Form 8995-A

any box under

Add lines 12c and 13

. . . . . . . . . . . . . . . . . . . . . .

Standard

Deduction,

Taxable income. Subtract line 14 from line 11. If zero or less, enter -0-

see instructions.

For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions.

Cat. No. 11320B

Form 1040 (2021)


Form 1040 (2021)	Page 2


	16	Tax (see instructions). Check if any from Form(s): 1		8814	2	4972			3			. .		16
	17	Amount from Schedule 2, line 3						. . . . . . . .						17
	18	Add lines 16 and 17						. . . . . . . .						18
	19	Nonrefundable child tax credit or credit for other dependents from Schedule 8812												19
	20	Amount from Schedule 3, line 8						. . . . . . . .						20
	21	Add lines 19 and 20						. . . . . . . .						21
	22	Subtract line 21 from line 18. If zero or less, enter -0-						. . . . . . . .						22
	23	Other taxes, including self-employment tax, from Schedule 2, line 21 .						. . . . . . . .						23
	24	Add lines 22 and 23. This is your total tax						. . . . .			. .		▶	24
	25	Federal income tax withheld from:
	a	Form(s) W-2							25a
	b	Form(s) 1099							25b
	c	Other forms (see instructions)							25c
	d	Add lines 25a through 25c						. . . . . . . .						25d
If you have a	26	2021 estimated tax payments and amount applied from 2020 return . .						. . . . . . . .						26
If you have a	27a	Earned income credit (EIC)							27a
qualifying child,	27a	Earned income credit (EIC)							27a
attach Sch. EIC.		Check here if you were born after January 1, 1998, and before

		January 2, 2004, and you satisfy all the other requirements for
		taxpayers who are at least age 18, to claim the EIC. See instructions ▶
	b	Nontaxable combat pay election . . . .		27b
	c	Prior year (2019) earned income . . . .		27c
	28	Refundable child tax credit or additional child tax credit from Schedule 8812							28
	29	American opportunity credit from Form 8863, line 8							29
	30	Recovery rebate credit. See instructions							30
	31	Amount from Schedule 3, line 15							31
	32	Add lines 27a and 28 through 31. These are your total other payments and refundable credits											▶	32
	33	Add lines 25d, 26, and 32. These are your total payments . . . .						. . . . .			. .		▶	33
Refund	34	If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you overpaid										. .		34
Refund	35a	Amount of line 34 you want refunded to you. If Form 8888 is attached, check here . .									.	▶		35a
	35a										.	▶		35a
Direct deposit?	▶ b	Routing number			▶ c Type:				Checking			Savings
See instructions.	▶ d	Account number
	36	Amount of line 34 you want applied to your 2022 estimated tax .				.	▶		36
Amount	37	Amount you owe. Subtract line 33 from line 24. For details on how to pay, see instructions										.	▶	37
You Owe	38	Estimated tax penalty (see instructions) . . .		. . . . .		.	▶		38
Third Party	Do	you want to allow another person to discuss this return with the IRS? See
Designee	instructions		. . . . . . . . . . . . . . . . . . .					.	▶	Yes. Complete below.					No
	Designee’s			Phone						Personal identification
	name ▶			no. ▶						number (PIN) ▶

Sign

Here

Joint return? See instructions. Keep a copy for your records.

Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.

Your signature	Date	Your occupation	If the IRS sent you an Identity
			Protection PIN, enter it here
			(see inst.) ▶
Spouse’s signature. If a joint return, both must sign.	Date	Spouse’s occupation	If the IRS sent your spouse an
▲			Identity Protection PIN, enter it here
			(see inst.) ▶
Phone no.	Email address

Paid

Preparer’s name

Preparer’s signature

Date

PTIN

Check if:

Self-employed

Preparer

Firm’s name ▶

Phone no.

Use Only

Firm’s address ▶

Firm’s EIN

▶

Go to www.irs.gov/Form1040 for instructions and the latest information.

Form 1040 (2021)

Documents used along the form

When preparing your taxes, the IRS 1040 form is a central document. However, several other forms and documents are often used in conjunction with it to ensure accurate reporting of your financial situation. Below are some of the most common forms that may be required.

W-2 Form: This form is provided by your employer and details your annual wages and the taxes withheld from your paycheck. It is essential for reporting your income accurately on the 1040.
Durable Power of Attorney: In the event you're unable to manage your financial affairs, having a Durable Power of Attorney in place allows someone you trust to handle your financial matters, ensuring that everything remains in order during challenging times.
1099 Form: If you are self-employed or have received income from sources other than an employer, you may receive one or more 1099 forms. These forms report various types of income, such as freelance earnings or interest income.
Schedule A: This form is used for itemizing deductions. If you choose to itemize instead of taking the standard deduction, you will need to fill out Schedule A to detail your deductible expenses.
Schedule C: If you run a business or are self-employed, Schedule C is necessary to report income and expenses related to your business activities. This form helps determine your net profit or loss.

Understanding these documents can help streamline the tax filing process. Having all necessary forms ready will not only make the process smoother but also ensure compliance with IRS regulations. If you have questions about your specific situation, seeking guidance from a tax professional can provide additional clarity.

Similar forms

IRS Form 1040-SR: This form is designed for seniors aged 65 and older. It is similar to the 1040 but features larger print and a simplified layout, making it easier for older taxpayers to navigate.
IRS Form 1040-NR: Non-resident aliens use this form to report their income. Like the 1040, it calculates tax liability but is tailored for those who do not meet the residency requirements.
IRS Form 1040-X: This is the amended return form. If a taxpayer needs to correct errors on their original 1040, they use the 1040-X to make those adjustments.
Illinois Motor Vehicle Bill of Sale: This essential document records the transfer of vehicle ownership and serves as proof of sale for buyers. To access a template for this form, visit https://legalpdfdocs.com.
IRS Form 1040-ES: This form is for estimated tax payments. Taxpayers who expect to owe tax at the end of the year can use 1040-ES to make quarterly payments, similar to how the 1040 reports annual tax liability.
IRS Form 1040-C: This form is for U.S. citizens and residents who are leaving the country. It helps to report income earned up to the departure date, similar to the 1040 but specific to expatriates.
IRS Form 1040-PR: This is for residents of Puerto Rico. It allows individuals to report income earned in Puerto Rico, paralleling the 1040 in structure but focusing on local tax obligations.
IRS Form 4868: This form is used to request an extension for filing the 1040. While it does not report income itself, it shares the purpose of managing tax obligations and deadlines.
IRS Form 8888: This form allows taxpayers to request direct deposit of their refund into multiple accounts. It complements the 1040 by providing options for how to receive any refund owed.
IRS Schedule C: This form is used by sole proprietors to report income and expenses from their business. It is attached to the 1040, reflecting additional income sources and deductions.

Misconceptions

Understanding the IRS 1040 form is crucial for anyone filing taxes in the United States. However, many misconceptions surround this important document. Here are eight common misunderstandings:

Everyone must file a 1040 form. Not everyone is required to file. If your income falls below a certain threshold, you may not need to submit a return at all.
Filing a 1040 guarantees a refund. A refund is not guaranteed. It depends on your total tax liability and the amount of taxes withheld from your income throughout the year.
You can only file a 1040 if you have a job. This is incorrect. Even if you are self-employed, retired, or have investment income, you may still need to file a 1040.
All income is taxable. While most income is taxable, certain types, like some gifts and inheritances, are not subject to income tax.
You can't amend a 1040 after it's filed. You can amend your return using Form 1040-X if you find errors or need to make changes.
Filing electronically is always faster. While electronic filing is often quicker, processing times can vary. Sometimes, paper returns are processed just as quickly.
Once you file, you can't change your mind. You can withdraw your return if you do so before the IRS processes it, but this is not a common practice.
Tax software guarantees accurate filings. While tax software can help, errors can still occur. It's essential to review your return carefully before submitting.

Clearing up these misconceptions can make the tax filing process smoother and less stressful. Always consult with a tax professional if you have specific questions or concerns.

Understanding IRS 1040

What is the IRS 1040 form?
The IRS 1040 form is the standard individual income tax return form used by U.S. taxpayers. It allows individuals to report their income, claim deductions, and calculate their tax liability. The form is essential for filing annual income taxes with the Internal Revenue Service (IRS).
Who needs to file the 1040 form?
Most U.S. citizens and residents who earn income must file a 1040 form. This includes employees, self-employed individuals, and those with investment income. Specific income thresholds and circumstances, such as filing status and age, determine whether you are required to file. Generally, if your gross income exceeds a certain amount, you must submit the form.
What information do I need to complete the 1040 form?
To fill out the 1040 form, gather the following information:
- Your Social Security number and those of your dependents
- W-2 forms from employers
- 1099 forms for any freelance or investment income
- Records of other income sources
- Documentation for deductions, such as mortgage interest, student loan interest, and medical expenses
Having all this information ready will streamline the filing process.
What are the deadlines for filing the 1040 form?
The typical deadline for filing the 1040 form is April 15th of each year. If this date falls on a weekend or holiday, the deadline may be extended to the next business day. Taxpayers can request an extension, which allows an additional six months to file, but any taxes owed must still be paid by the original deadline to avoid penalties and interest.
Can I e-file my 1040 form?
Yes, you can e-file your 1040 form. The IRS encourages electronic filing as it is faster and more secure than paper filing. Many tax software programs and tax professionals offer e-filing options. If you choose to e-file, you will receive confirmation from the IRS once your return has been accepted.