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Last Update: FR Y 9C OMB Number 71000128 Avg. Hrs. Per response: 45.0 Expires March 31, 2014 20110817.073217 Board of Governors of the Federal Reserve System RSS DID: 1132449 Consolidated Financial

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The Form 1040 is the standard Internal Revenue Service (IRS) form that individuals use to file their annual income tax returns.

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The purpose of Form 1040 is for individuals to report their annual income to the IRS and calculate their tax liability.

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Information such as income from wages, self-employment, investments, and any deductions or credits must be reported on Form 1040.