1040 Form

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1040 Form definition - finance
The basic form that is used by taxpayers to file their income tax returns. The form is on one double-sided piece of paper. Schedules may be attached to the form. For example, if mortgage interest, medical, and other expenses are itemized and deducted from income, Schedule A is attached to Form 1040. Business expenses for unincorporated business owners are included on Schedule C. Individuals who make a modest amount of money and have uncomplicated tax situations can use Form 1040 EZ.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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"1040 Form." Webster's New World Finance and Investment Dictionary. 2009

  • Your Dictionary. 5 July 2009
  • <www.yourdictionary.com/finance/1040-form>

APA Style

1040 Form. (2009). In Webster's New World Finance and Investment Dictionary

  • Retrieved July 5th, 2009, from www.yourdictionary.com/finance/1040-form

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