Q:

Do you need an accountant to fill out the 1040 worksheet?

A:

Quick Answer

Hiring an accountant is not a requirement for completing a 1040 worksheet, although professional assistance is helpful. However, it is necessary to have all necessary documentation handy when completing the form, including details regarding income, exemptions, deductions, taxes, credits and personal information.

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Full Answer

The 1040 worksheet is complicated and lengthy, so professional assistance to complete the worksheet may be necessary for taxpayers with complex financial situations. There are many helpful online tutorials, such as TaxHow, that provide step-by-step explanations for filers at no charge. Before beginning the filing process, it's important to determine whether the taxpayer needs to file Form 1040, Form 1040A or Form 1040.

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