Keep reading to learn everything you should know about Form 1040 for tax year 2024. Form 1040 is a federal income tax form that most people use yearly to report their tax information to the IRS.

Additionally, there's a correction to line 21 of Schedule 2 for the 2024 Form 1040. The line now reads: 'Sum lines 4, 7 to 16, 18, and 19. This is your total other taxes. Enter here and on line 23 ...