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Mount Ida College Office of Student Financial Services 777 Durham Street Newton, Massachusetts 02459 617.928.4785 Fax: 617.332.7869 Email: fin aid mounted. Income and Expense Worksheet Independent
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Form income is listed on IRS Form 1040.
Individuals who earn income during the tax year are required to file Form 1040.
Form 1040 can be filled out manually or electronically using tax preparation software.
The purpose of Form 1040 is to report income, deductions, and credits for tax purposes.
Form 1040 requires reporting of all sources of income, deductions, and tax credits.
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