The 2018 1040 Tax Form has totally different line numbers but the information is much the same. The 2017 1040 Tax Form Updates: The 2017 1040 Tax form has most of the same line number and information as the 2016. (the amounts will be different). The purpose of this video is to help you understand what is on the main tax form so you can get ready to fill out your taxes. You can fill out your tax forms by hand or via a computerized program or have an accountant do it for you, but it is helpful to know what is in the tax form. You will usually save money if you " know before you go".
2017, 2016 Tax form 1040 updates are put in the red bubbles in this video. For 2017 updates or other 2017 tax forms go to http://
www.IRS.gov. The main form that you file when you file your income tax is IRS Form 1040. This video explains how to fill out your tax form and how you can get more tax credits and deductions. The 1040 Tax Form does not change much from year to year. Some changes for 2017 and 2016 are explained in the little bubbles.
Most of the changes in the New 2017 Tax Law will appear on the tax form for next year (2018). So you will not need to worry yet, except for tax planning.
NOTE: If the updates do not appear in the red bubbles, it is because YouTube has changed. Sorry.
