Defining Form 1040

China
February 4, 2007 1:27am CST
For those of you who are not familiar with US tax forms,"Form 1040"is the most common of the US Federal tax forms,Most people file one of the several versions of this form, Ever wonder why the IRScalls it Form 1040? Because for every $50 that you earn,you get 10 abd they get 40.
1 response
@SignMe (1031)
• India
4 Feb 07
Hay am in India. Similar to form 1040 in US we here have form-16. I just dont like paying tax, but no help. I am paying anyway. I dont know about US, but form-16 is I think the continuation of form-10,11,12... LOL