Understanding the Difference Between Form 1040 vs w2

Latest Facts and News: The IRS processed over 168 million individual tax returns in 2023. Electronic filing of tax returns increased by 2.6% in 2023 compared to the previous year. The IRS introduced a new, simplified Form 1040 for seniors aged 65 and older in 2023 as 1040 SR. For most people, Form 1040 and […]