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:: 1040 :: |
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Form 1040, U.S. Individual Income Tax Return. The
basic form you file annually with the IRS. If you do not have a
complex tax return, you may be able to use the simplified
versions: Form 1040A or 1040EZ. For more information, see "Which
Form Should I Use?" in IRS Publication 17,
Your Federal Income Tax. |
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:: 1040A :: |
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Form 1040A,
U.S. Individual Income Tax Return. A simplified version of Form
1040, U.S. Individual Income Tax Return. You can usually use
this form if you do not itemize or own a business and your
taxable income is under $50,000. For specific rules, see "Which
Form Should I Use?" in IRS Publication 17, Your Federal
Income Tax. |
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:: 1040EZ :: |
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Form 1040EZ,
U.S. Individual Income Tax Return. The simplest version of Form
1040, U.S. Individual Income Tax Return, used by taxpayers with
no deductions, no adjustments, income of only wages, interest,
or unemployment compensation, and no dependents. For specific
rules, see "Which Form Should I Use?" in IRS Publication 17,
Your Federal Income Tax. |
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::
1099-DIV :: |
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Form
1099-DIV. A required statement from your broker or a company
whose stock you own that summarizes your dividends. The main
purpose of this form is to report the dividends you received,
income tax withheld from dividends, and foreign taxes paid on
dividends. Your broker may send a substitute statement that may
also include amounts you earned from mutual funds, purchases of
stock, sales of stock, purchases and sales of shares in mutual
funds, and a summary of the investments you still own at the end
of the year. See Dividends. |
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:: 1099-INT :: |
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The statement
you receive from payers of interest income, such as banks and
savings institutions, that summarizes your interest income for
the year. This form is also used to report other tax items
related to your interest income, such as early withdrawal
penalties, federal tax withheld and foreign tax paid. - See
Interest Income. |
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:: 401(k)
plan :: |
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A deferred
compensation plan set up by an employer. A portion of your
earnings is deducted and placed in a qualified retirement plan.
Your employer may match a percentage of the amount you have
withheld. You are not taxed on either the amount deducted from
your pay or your employer's matching amount until you receive
distributions, usually at retirement. |
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