An Individual Tax Return is a form that individuals use to report their income, expenses, and other tax-related information to the Internal Revenue Service (IRS) in the United States. This process helps determine how much tax an individual owes or if they are eligible for a refund. The most common form for this purpose is the Form 1040. Individuals typically file their tax returns annually, usually by April 15th of the following year. The information provided on the return includes wages, interest, dividends, and any deductions or credits that may apply. Accurate reporting is essential to avoid penalties and ensure compliance with tax laws.