In order to help determine what your tax is, many filers will need to use Form 1040 Schedule B. Let's take a closer look at the situations where you'll use Schedule B, and explain why it matters.

The 1040 tax form is the one most people use for filing taxes. It's not the easiest to understand, though. Form 1040 received an overhaul and revamp in 2018 designed to make it shorter and less… ...

You enter your Form 6251 calculation on Line 1 of Form 1040's Schedule 2 (“Tax”). You attach Form 6251 to Schedule 2. The totals from Part I of Schedule 2 go into Line 17 on Form 1040.

Tax Day is April 15, and it's still not too late to gather the documents you need to file your taxes. This includes Form 1040 from the IRS. Read on to learn more about this form and why it's ...

Schedule 2: Tax. You need to file this form if you owe the Alternative Minimum Tax, or owe the tax on a child’s unearned income. ... IRS Form 1040 is your general income tax form, ...

Government debuts new postcard-sized 1040 income tax form 00:33. As April 15 nears, millions of taxpayers this year will have to navigate the IRS' new Form 1040.It's the result of a campaign ...

Form 1040 has simplified deductions into just two lines. Line 8 is for the standard deduction for most taxpayers, but if you itemize, the final result of your work on Schedule A goes there.

The IRS added Schedule 1 to the Form 1040 last tax season as a way to shorten the main Form 1040 in line with the Tax Cuts and Jobs Act. This past tax season it had six numbered Schedules 1-6 ...

If you are dreading the idea of filling out your 1040 income tax form and feeling lost, you probably aren't alone. The 1040 tax form was overhauled and revamped in 2018, designed to be shorter and ...