How to Fill Out Form 1040 | Preparing your Taxes | Money Instructor

Learn how to fill out IRS Tax Form 1040 using an example form and a step-by-step beginner's guide.

If you are new to Taxes start here:

Learn what is the IRS 1040 tax form, and how to fill it out by looking at an example. Form 1040 U.S. Individual Income Tax return walkthrough. Here we will step through some of the more common filled in lines for the the 1040, to help give you an idea of what things you likely will need to fill out, for help preparing your form. Example uses form 1040 for 2021 for filing taxes in 2022, with single taxpayer and step by step and line by line instructions.

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Money Instructor does not provide tax, legal or accounting advice. This material has been prepared for educational and informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors regarding your own situation.

[moneyinstructor]

This video has been *UPDATED* with the 2023 tax form for 2024 tax season!

[boatface]

This helped me, especially with line 16-TAX. I had no idea you have to look into the Instructions and find your income under the gigantic Tax Table. Really helped my return look and feel more legit. Thank you! Wish we learned this stuff in high school.

[doynypc]

This video! This is what they should have taught in schools!

[kendrickl]

My girl needed a bank statement and w2s last week and I was worried about her loosing her not getting her car loan 😴 but everything good now only because of deelscafe good work 👍

[ktrump]

Great video. Great pace and explanation. Thanks.

[noblsht]

Thanks it answered some questions the form did not answer I did have the instruction booklet

[JDMRightHandDrive]

Thanks for the help, your a life saver!🔥

[elr]

I don't like how the money spirit floats across my screen while staring deep into my soul.

[orzyrok]

Why seek a tax pro when you can do it yourself. Thanks alot sir.

[CUBACHINA]

So i can actually use this file this🙏🏽🙏🏽🙌🏾🙌🏾

[shellowuy]

Thanks for the information this is good

[emanuelescobedo]

Thank you very much easy to understand and very instructional very appreciated be blessed! 🙏

[peppermintpatti]

@money instructor. Thank you for creating this video.

[marjoriecunningham]

Fantastic video !!! Hope you'll do the 1040-SR.

[TheChuckbreezy]

Good job man 👍 keep em coming It was easy the understand and fill the form out 👍😃👍 A+ bruh

[sandytinky]

Excellent video! Very easy to understand!

[nidasalvador]

Since my late husband died .7 yrs ago .i file myself only

[andrewhall-ywbl]

Yep, that is where my calculations were off. I didn't have that Tax Table page as a guide line.


Hmmm, I didn't see that as a separate page down at the local IRS office.🤔

[Paix]

They should have videos like this in class

[andrewm]

Keep in mind that this video, as well done as it was, does not cover everything. For example, if you have to fill out any line on the 1040 that is not covered here, the tax table will help, but finding that number might be slightly more complicated.