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Eye on WashingtonRegulatory Update IRS Releases Draft 2020 ACA Reporting Forms The Internal Revenue Service (IRS) released the draft 2020 Forms 1094C and 1095C on July 13, 2020. While Form 1094C remains
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IRS announces changes with Form 1040.
Individuals who meet the filing requirements set by the IRS are required to file Form 1040.
You can fill out Form 1040 manually or electronically using tax preparation software.
The purpose of Form 1040 is to report an individual's income, deductions, credits, and tax liability to the IRS.
Information such as income, deductions, tax credits, and tax payments must be reported on Form 1040.
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