Who is eligible to file 1040ez

Instead, you need to use Form or Form A. The Form A is only slightly lengthier, but it is still intended to be relatively simple. Form A allows you to claim more deductions and credits It also permits you to include more types of income than you can on Form EZ.

While Form A is simpler than the standard form, it still may not be advantageous to you. One major limitation of Form A is that you cannot itemize your deductions, so keep that in mind when deciding which form is best for you. If you are required to file a tax return and do not qualify to fill out Form EZ or Form A or you choose not to , you need to fill out the full form. While it may take a little bit longer, TaxAct still makes it easy to complete.

Filling out the long-form comes with a few advantages. Depending on your tax situation, the full Form allows you to claim all of your desired credits and deductions. Luckily, no matter what form you need to fill out, TaxAct helps make filing your taxes as easy as possible. Investopedia requires writers to use primary sources to support their work.

These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy. Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation.

This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace. Related Terms Form U. Individual Tax Return Form is the standard U. Form Tuition and Fees Deduction Form is the Internal Revenue Service IRS tax form that a taxpayer must fill out to receive a tax deduction called the tuition and fees deduction. Individual Income Tax Return Form X is used by taxpayers who need to amend an error in a previously filed annual federal tax return.

What Is an Amended Return? An amended return is a form filed in order to make corrections to a tax return from a previous year.

Form A: U. Partner Links. Form EZ is, not surprisingly, the easiest to fill out. While anyone can file Form , you must meet certain requirements to use the shorter EZ or A forms. You could take the standard deduction, but you wouldn't be able to itemize deductions, claim adjustments to income such as contributions to an IRA or claim any tax credits except for the Earned Income Tax Credit EIC , which is available to certain low-income taxpayers.

Also, you could not use EZ if you had any income from self-employment, alimony, dividends or capital gains. You could use Form EZ if all of the following apply:. It offered more room for tax breaks than Form EZ—including childcare, education, and retirement savings e.

Still, it was limited in terms of allowable deductions and credits compared to the standard If you couldn't use Form EZ—for example, because you had dependents to claim—you would have been able to use A if:.

And starting with tax year , is the only form you can use unless you qualify for the seniors form, SR. This is the most complex of the forms for individual tax filers—it was simplified, starting in —but it also gives you the most options for claiming deductions and credits. You should file Form if:. As a rule of thumb, the longer the tax form, the more tax breaks, and credits will be available.

Filing Form EZ or A instead of Form was often faster and with fewer recordkeeping requirements, but you may miss out on money-saving tax credits and deductions. As of , the EZ and A versions of form have been discontinued. Internal Revenue Service. Individual Income Tax Return. Accessed Oct. You do, however, need to meet certain eligibility requirements. You also can't claim dependents or tax credits other than the earned income credit.

If you qualify, the ez is only one page long. The first section includes names, contact information and social security numbers. The income section, includes information on wages, salaries, taxable interest, and unemployment compensation. The payments, credits, and tax section goes over any withholdings and the earned income tax credit, if you qualify for it.

Finally, all taxpayers filing a ez must sign and date even when filing electronically the return. Checklist to File a EZ.