Investor Glossary-1040a formInvestor Glossary-1040a formInvestor Glossary-1040a formInvestor Glossary-1040a formInsightful stock market charts - Click here
investor
Categories    # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

1040A Form

The HTML to link to this page
 

The 1040A form is a shorter and more simple version of the IRS 1040 tax form. A taxpayer can use the 1040A form if his total income is less than $100,000. In addition, the 1040A form limits sources of income to wages, interest, dividends, and capital gains. A taxpayer also qualifies to use the 1040A form if he receives retirement distributions, unemployment compensation or Social Security benefits. 1040A form filers may claim only the standard deduction but may claim certain tax credits (i.e. Earned Income Credit, child tax credit, etc.). Income adjustments allowed by the 1040A form are limited to a traditional IRA, student loan interest and tuition and fee deductions. The IRS estimates that 4 million taxpayer who filed form 1040 last year could have filed the 1040A form instead.



Rate this 1040A Form definition...

Learn about investing with the Investor Glossary Term of the Day


Click here for insightful stock market charts. Where is the market headed? The answer may surprise you. Find out
with the exclusive & Barron's recommended charts of Chart of the Day.


Popular Terms: average price per share, labor relations, APR, in escrow, liquidity ratio, retained earnings, cancelled check, required rate of return, quality assurance, annual return, stock market close, VIX, ex-dividend date, FICO score, implied volatility, limit order, stock split, 1031 exchange, wholly-owned subsidiary, EBITDA, option premium, real GDP, ex-dividend, reverse mortgage, inflation, deferred tax, class C shares, dividends payable, command economy, debt service coverage, irrevocable trust, margin rate, minority interest, balance sheet, per diem, FTSE, 1035 exchange, current ratio, risk management, diluted share, 144a, phantom income, LIBOR, open position, Zero Cost Collar, 401a, covered put, deferred revenue, Key Rate Duration


Accounting | Banking | Bonds | Brokers | Economy | Futures | Mutual Funds | Options | Real Estate | Retirement | Stocks | Taxes | Technical Analysis
Investor Glossary | Term of the Day | Suggest a Term | Chart of the Day | Dogs of the Dow
©2004-2016 Investor Glossary - All rights reserved - Terms of Use