Your taxes: Putting it all together on Form 1040
The Tax Geek The Tax Geek
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 Published On Jan 26, 2024

I've talked a lot on this channel about where things go on your Form 1040, but I've never really discussed the form itself. This video presents the Form as a whole, and reviews how to fill out the Form, and the role the Form has in reporting and computing your taxes.

There are also references to several other videos on this channel, giving more information on the items reported on the form.

I also go into a bit of history regarding how the Form came about, and how it has evolved over the 110 years of the present day income tax.

0:00 Introduction and a little bit of history
1:42 The header
2:05 Income
2:32 Adjustments and Deductions
3:23 Taxes and Credits
4:39 Payments
5:30 Signature section
6:34 Conclusion

The following other videos on this channel are referenced in the video:

Who Qualifies as a Dependent?:    • Who qualifies as a dependent?  
What Filing Status Do I Choose?:    • What Filing Status do I choose?  
Taxes for Landlords: Putting it all Together on Schedule E:    • Taxes for Landlords 4:  Putting it al...  
What is Adjusted Gross Income?:    • What is Adjusted Gross Income? (and w...  
What is My Standard Deduction?:    • What is my Standard Deduction?  
Can I Itemize Deductions?:    • Can I Itemize Deductions?  
Qualified Business Income Deduction (for dummies!):    • Qualified Business Income Deduction (...  
The Truth About Tax Brackets:    • The Truth About Tax Brackets  
How is Capital Gains Tax Calculated?:    • How is Capital Gains Tax Calculated?  
Affordable Care Act: Marketplace Insurance andThe Premium Tax Credit:    • Affordable Care Act: Marketplace insu...  
Child Tax Credit and the Credit for Other Dependents:    • Child Tax Credit and Credit for Other...  
Refundable v. Non refundable Tax Credits: What's the Difference?:    • Refundable v. Non-refundable tax cred...  
What is Self-Employment Tax? (and why do I have to pay it?):    • What is Self-Employment Tax (and why ...  
Early Distribution Penalties (and how to avoid them):    • Early Retirement Distribution Penalti...  
What are all those numbers on my W2?:    • What are all those numbers on my W2?  
Making Estimated Payments (or not!):    • Making Estimated Payments (or not!)  
What is the Earned Income Credit (and do I qualify?):    • What is the Earned Income Credit (and...  
The American Opportunity Credit (or the saga of Robert and Laura):    • The American Opportunity Credit (or t...  

Additional information and Resources:

IRS Publication 17: "Your Federal Income Tax": https://www.irs.gov/pub/irs-pdf/p17.pdf

IRS Form 1040: "Federal Income Tax Return": https://www.irs.gov/pub/irs-pdf/f1040...

Instructions for Form 1040: https://www.irs.gov/pub/irs.pdf/i1040...

The Tax Geek on the Site Formerly Known as Twitter: @taxgeekusa

The Tax Geek on Reddit: www.reddit.com/r/askataxgeek

Video, Images, and Sound Effects: Storyblocks.com

No artificial intelligence was used to research, write, animate, voice, or edit this video

Intro Music: "Bluesy Vibes" - Doug Maxwell - YouTube Creator Music

Outro Music: "Modern Attempt" - Track Tribe under license from YouTube Creator Music

DISCLAIMER: This video is for educational and informational purposes only. It is not intended to render tax advice or financial advice for individual situations. If you have questions regarding your particular situation, please consult with a qualified tax or financial professional.

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