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Bradford from The Penny Finisher Personal Finance provides a walkthrough on filling out IRS form 1040 for tax year 2021 for individuals who are single with no dependents. He suggests that for those with simple tax situations, like W-2 employees, filling out the form themselves may be appropriate. However, as your tax situation becomes more complex (such as having investments or owning a business), using tax prep software or hiring a professional is recommended. It is important to ensure your taxes are completed accurately. Let's dive into the forms and go through the filling process.
