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1040. As of the 2018 tax year, Form 1040, U.S. Individual Income Tax Return, is the only form used for personal (individual) federal income tax returns filed with the IRS. In prior years, it had been one of three forms (1040 [the "Long Form"], 1040A [the "Short Form"] and 1040EZ - see below for explanations of each) used for such returns.
Form 1040 (or a variant thereof) is the main tax form filed by individuals who are deemed residents of the United States for tax purposes. The corresponding main form filed by businesses is Form 1120, also called the U.S. Corporation Income Tax Return.
Form 990. 2022 revision of Form 990. Form 990 (officially, the " Return of Organization Exempt From Income Tax " [ 1]) is a United States Internal Revenue Service (IRS) form that provides the public with information about a nonprofit organization. [ 2] It is also used by government agencies to prevent organizations from abusing their tax-exempt ...
The alternative minimum tax ( AMT) is a tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts. As of tax year 2018, the AMT raises about $5.2 billion, or 0.4% of all federal income tax revenue, affecting 0.1% of taxpayers, mostly in the upper income ranges. [ 1][ 2]
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A Schedule C appointment is a type of political appointment in the United States for confidential or policy roles immediately subordinate to other appointees. As of 2016, there were 1,403 Schedule C appointees. [ 1] Most of these are confidential assistants, policy experts, special counsels, and schedulers, although about 500 of them are non ...
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