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What is a 1040 Schedule?

Information about Schedule A (Form 1040), Itemized Deductions, including recent updates, related forms, and instructions on how to file. This schedule is used by filers to report itemized deductions. Information about Schedule B (Form 1040), Interest and Ordinary Dividends, including recent updates, related forms, and instructions on how to file.

What is IRS Form 1040?

If you’ve ever filed a federal income tax return, chances are you used IRS Form 1040. This is the standard form used by most people to file a personal income tax return, report the income they received during the year, and figure out how much of that income is taxable after claiming tax deductions and credits.

Do I need a 1040 if I have a schedule?

People who have a fairly simple tax filing situation may not need to file anything other than the standard Form 1040. But if you've got more things going on in your life, you may also need to get ahold of additional forms, also called schedules, to submit alongside your Form 1040.

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