Search Investopedia

1040PC Form

Filed Under » ,
Dictionary Says

Definition of '1040PC Form'

An income tax return that is prepared by computer in a three column "answer-sheet" format. It only prints the bottom line number, dollar amount, and, for most entries, a brief description called a "legend page."
Investopedia Says

Investopedia explains '1040PC Form'

The 1040PC form can cut the usual 11-page tax return down to just a couple pages. However, the IRS quit accepting this form in 2000, preferring the e-file format instead.

Related Definitions

  •

    1040 Form

    The standard Internal Revenue Service (IRS) form that individuals use to file their annual income tax returns. The form contains sections that require taxpayers to disclose their ...
    Read More »

  • 1040A Form

    A simplified version of the 1040 form for individual income tax. To be eligible to use a 1040A form, an individual must fulfill certain requirements such as not itemizing deductions, not ...
    Read More »

  • 1040EZ Form

    The 1040EZ is an alternative to the Internal Revenue Service’s (IRS) 1040 income tax form and offers a faster and easier way to file taxes, meant for taxpayers with rudimentary tax ...
    Read More »

    • Electronic Filing - E-File

      The process of submitting tax returns over the Internet, using tax preparation software that has been pre-approved by the relevant tax authority, such as the IRS or the Canada Revenue ...
      Read More »

    • Income Tax

      A tax that governments impose on financial income generated by all entities within their jurisdiction. By law, businesses and individuals must file an income tax return every year to ...
      Read More »

    • Internal Revenue Service - IRS

      A United States government agency that is responsible for the collection and enforcement of taxes. The IRS was established in 1862 by President Lincoln and operates under the authority ...
      Read More »

Articles Of Interest

Sponsored links
Hot Definitions
Partner Links
Suggested Definitions