As tax season approaches, it's crucial to stay informed about the latest updates to IRS Form 1040 and its schedules.

The IRS on Friday released a draft of Schedule 1-A (Form 1040), a single form that consolidates the calculations of the four ...

The Internal Revenue Service has posted a draft version of Schedule 1-A that will be used next tax season when claiming new ...

A, Additional Deductions. You’ll use it to calculate new deductions for tips, overtime, car interest, and seniors.

Taxpayers face a learning curve for figuring out how key tax deductions in the mega tax bill will work when they file 2025 tax returns next year.

Plus: Lost refund checks, new addresses at the IRS, Taxpayer Assistance Centers are closing, gambling and the IRS, tax ...