U.S. Federal Tax Forms
U.S. Federal Tax Forms are official documents used by individuals and businesses to report their income, expenses, and other tax-related information to the Internal Revenue Service (IRS). These forms help determine how much tax is owed or if a refund is due. Common forms include the 1040 for individual income tax and the 1120 for corporate tax returns.
Each form has specific instructions and requirements, making it essential for taxpayers to choose the correct one based on their financial situation. Filing these forms accurately and on time is crucial to avoid penalties and ensure compliance with federal tax laws.