The Facts About Income Tax Millions faithfully file their 1040 forms each April. But some things about federal income taxes may surprise you. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content Making Your Tax Bracket Work Have you explored all your options when it comes to managing your taxable income? How to Make the Tax Code Work for You When you take the time to learn more about how it works, you may be able to put the tax code to work for you. Tax Freedom Day Assess how many days you'll work to pay your federal tax liability.