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2021 IRS Form 1040 Walkthrough | Single No Dependents

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A Penny Pinchers Guide to Personal Finance

Filing out the IRS Form 1040 can be overwhelming, but this video will walk you through how to file the IRS Form 1040 for the 2021 tax year if you're single with no dependents. In conjunction with this video, we highly recommend using the 1040 Instructions pdf from the IRS website. The instructions do a good job of walking you through the form in plain English as well as providing examples to understand what you're doing.
If you're tax situation is complicated, we highly recommend using a tax filing software or hiring a CPA to help you with your taxes. This video walks through the most basic example of filling the Form 1040 and does not address more complex tax situations. Everyone's tax situation is unique so please use the instructions provided by the IRS if you decide to file on your own.
If you decide you don't feel comfortable filing taxes on your own, then please check out the IRS Free File Program to see if you're eligible to have your taxes filed for you completely free.

IRS Form https://www.irs.gov/formsinstructions
IRS Free Fillable Forms https://www.irs.gov/efileproviders/...
IRS Free File https://apps.irs.gov/app/freeFile

0:00 When to File the Form Yourself
0:47 IRS Form 1040 Instructions
2:32 2021 IRS Form 1040 Walkthrough
4:14 Form 1040 Lines 115
7:44 Form 1040 Lines 1637
12:13 Other Filing Options


#taxes #irs #irsfreefile
DISCLOSURE: We are not financial advisers. The ideas presented in this video are for entertainment purposes only. Although the information is researched and vetted beforehand, it may not be up to date at the time of viewing. Please do your due diligence and research on the topic. You (and only you) are responsible for the financial decisions that you make.

posted by jcenasie0i