• Form 1040 is what individual taxpayers use to file tax returns with the IRS.

  • The form determines whether additional taxes must be paid or the applicant will receive a tax refund.
  • Personal information such as name, address, social security number, and number of dependents is requested on Form 1040.
  • The submitter must also report wages, salary, taxable interest, capital gains, pensions, social security benefits, and other types of income.
  • Taxpayers may be required to file additional 1040 tax forms depending on their situation.