Is There a Simple Guide Available Online to Fill in a 1040A Income Tax Form?


Quick Answer

Intuit TurboTax offers basic guidance on how to complete Internal Revenue Service Form 1040A. A taxpayer must have less than $100,000 of taxable income and meet additional deduction requirements to file this form, as of March 2015.

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Full Answer

Internal Revenue Service Form 1040A is a more condensed version of Form 1040. However, it is know to be more complex than Form 1040EZ, as listed by Intuit TurboTax. Acceptable income items for Form 1040A include wages, salaries, tips, interest, dividend income, capital gains, IRA and pension distributions. If a taxpayer has certain items, such as activity from self-employment, then these items must be reported on the full-length Form 1040.

Form 1040A contains similar items to the standard Form 1040; however, it is much shorter. This formatting difference is due to the exclusion of itemized deduction items on Form 1040A. A taxpayer can only use Form 1040A if he is taking the standard deduction. This deduction amount changes each year and varies depending on the filing status of the taxpayer.

The official Internal Revenue Service website contains a wizard to help to determine what standard deduction amount to use. In addition, Form 1040A and the associated instructions are available for download and print from the Internal Revenue Service website. In addition, taxpayers can electronically file 1040A returns and find further instructions through the Internal Revenue Service eFile website.

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