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1040A Form

What does it mean?
A simplified version of the 1040 form for individual income tax. To be eligible to use a 1040A form, an individual must not itemize or own a business and their taxable income has to be under $50,000.

In Other Words...
The form is similar to the "1040EZ" because its quite simple and brief in comparison with the 1040.

Related Links
1040.com - A website devoted to the 1040 form and taxes in general.

IRS.gov - The source of all things tax related in the United States

Related Terms
1040 Form | 1040EZ Form | 1040PC Form | Income Tax | IRS

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Image Financial LLC is not a registered broker-dealer, but rather works in coordination with fully licensed broker-dealers, SIPC-insured clearing firms, and private trading firms to provide licensed and non-licensed clients with access to career trading programs and direct access trading capabilities.  Our firm and our network affiliates strongly recommend that all clients fully read and acknowledge all SEC risk disclosure statements available on our site and our affiliate broker-dealer websites prior to engaging in any live trading activity, and acquire a solid understanding of the risks inherent in active "day" trading.