ClearFront News.

Reliable information, timely updates, and trusted insights on global events and essential topics.

current events

Is a W2 the same as a 1040?

By Christopher Martinez |

The W-2 is the form your employer sends to you each January reporting your wages & withholding. The form 1040 is your tax return you file.

How do I access my 1040 tax return?

You’ll be able to access your most recent 3 tax returns (each of which include your Form 1040—the main tax form—and any supporting forms used that year) when sign into 1040.com and go to the My Account screen. If you filed through a tax preparer or CPA, they can provide a printed or electronic copy of your tax return.

Is a 1040 a federal tax return?

More In Forms and Instructions Form 1040 is used by U.S. taxpayers to file an annual income tax return.

What kind of tax return is the 1040?

Form 1040 (U.S. Individual Income Tax Return) (a.k.a. “the long form) Form 1040A (U.S. Individual Income Tax Return) (a.k.a. “the short form) Form 1040EZ (Income Tax Return for Single and Joint Filers With No Dependents) Form 1040NR (U.S. Nonresident Alien Income Tax Return)

Why is the IRS Form 1040 called the long form?

IRS Tax Form 1040 (U.S. Individual Income Tax Return) It is also known as “the long form” because it is more extensive than the shorter 1040A and 1040EZ Tax Forms. Also unlike the other tax forms, IRS Form 1040 allows taxpayers to claim numerous expenses and tax credits, itemize deductions, and adjust income.

Do you still need to file a 1040 tax return?

Form 1040 is used by U.S. taxpayers to file an annual income tax return. For Tax Year 2018, you will no longer use Form 1040-A or Form 1040-EZ, but instead will use the redesigned Form 1040. Many people will only need to file Form 1040 and no schedules. However,…

When does the new IRS Form 1040 come out?

Updated April 16, 2021 IRS Form 1040 is a tax return used by individual filers. The 2020 version of the form is its third major restructuring since tax year 2018. The 2020 version continues to replace Forms 1040-EZ and 1040-A, which were eliminated from the tax code in 2018.