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IRS Form 1040 is the standard individual income tax return form used by U.S. taxpayers to report their annual income, claim tax deductions and credits, and calculate their tax liability. It is the primary form for filing federal income tax returns and is used by individuals, including those who are self-employed. The form allows taxpayers to report various sources of income, such as wages, dividends, and interest, and to detail any eligible deductions and credits to reduce their tax burden.

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1w ago

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