The Facts About Income Tax Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you. Related Content Orchestrating Your Retirement Accounts Getting the instruments of your retirement to work in concert may go far in realizing the retirement you imagine. A Home Insurance Claim: To File Or Not To File Learn when it may not make sense to file a claim on your home insurance. Home Mortgage Deduction Use this calculator to assess the potential benefits of a home mortgage deduction.