Question

Simon just completed and double-checked his 1040 tax return form. now he should _____.

a. send it to the irs after april 15th
b. send it to his employer
c. send it to the irs before april 15th
d. complete a new w-2 form

Answer 1

Simon should send his completed 1040 tax return form to the IRS before April 15th to meet the tax filing deadline and avoid penalties.

Step-by-step explanation:

Simon should send it to the IRS before April 15th. This step is essential as it aligns with the annual tax filing deadline in the United States. Notably, April 15th is the cutoff for taxpayers to file their income tax forms, including the 1040EZ, which is recognized as the simplest of the tax forms. Timeliness in sending the tax return ensures that Simon meets his civic obligations and avoids potential penalties for late submissions.

Filing taxes involves the declaration of income earned throughout the year, and responsibilities may include owing taxes or receiving a tax refund. A tax refund occurs when an individual has paid more taxes than they owe over the year, resulting in the government issuing a reimbursement for the overpaid amount. It's essential to complete and submit tax forms accurately to reflect one's financial situation correctly.