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Income Tax Blog > Income Tax Returns > Income Tax Returns
All About Income Tax Returns
Tax returns in the United States are forms filed with the Internal Revenue Service or with the state or local tax collection agency containing information used to calculate income tax or other taxes.
The standard US individual tax return is Form 1040. There are several variations of this form, such as the 1040EZ and the 1040A, as well as many different supplemental forms.
Americans who earn more than a specified amount are required by law to file tax returns (and pay remaining income taxes if applicable).
Many Americans find the process of filling out the tax forms more onerous than paying the taxes themselves. The company Intuit, Inc. became one of the most successful software companies in America by developing the popular TurboTax software program for reducing the tedious labor involved in preparing one's tax return.
If taxpayers find a mistake on their previously filed individual tax returns, they can file corrections with Form 1040X. (From Wikipedia, the free encyclopedia.)
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