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How do I know which tax forms I need?

Make a checklist with last years return Thats always a good check, she said. For earnings, some of the common forms include a W-2 for wages, 1099-NEC for contract or gig economy work, 1099-G for unemployment income and 1099-R for retirement plan distributions.

What are the 3 types of tax return forms?

There are three personal income tax forms 1040, 1040A and 1040EZ with each designed to get the appropriate amount of your money to the IRS. Differences in the forms, however, could cost you if youre not paying attention.

How do I know what tax forms I need to file?

What Tax Forms Do I Need to File Taxes? Form 1040: This is the form that you fill out to file your IRS tax return. W-2: If you work for an employer, you can expect to receive a W-2, which shows how much you earned last year and how much was deducted for taxes and any other withholding.

How do I know which tax forms to file?

If youre not sure which tax forms to expect, experts say last years tax return is a great starting point. I go page-by-page with the prior year and current years [returns], said Marianela Collado, a CFP and CEO of Tobias Financial Advisors in Plantation, Florida.

What is the difference between 1040 and 1040A?

The IRS Form 1040A is one of three forms you can use to file your federal income tax return. Form 1040A is a shorter version of the more detailed Form 1040, but is more complex than the simple 1040EZ form.

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