Thank you for selecting 1040 Tax Services as your online tax preparation partner! Electronic tax filing is the fastest way to file your individual income tax return, allowing you to receive your refund significantly faster than if you filed traditional paper returns.





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The Ins and Outs of IRA Transfers If you transferred your traditional IRA from one trustee to another, it should magically disappear and reappear, all without passing through your hands. If the process works as it should, you need to do absolutely nothing with regard to your Form 1040. However, if you received a form that shows that the money was withdrawn (this would be an exception to the rule), then show the amount you 'received and moved' on line 15a of your 1040 and on 15b report zero as the amount taxable.