1040EZ Form

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1040EZ Form

In the United States, a simplified version of the 1040 Form on which a taxpayer lists his/her income. In order to be eligible to use the 1040EZ, the taxpayer must not itemize deductions, have any dependents, own a business, or exceed a certain ceiling on regular or interest income. The 1040EZ is the most straightforward tax return because its users have no need for most deductions or credits. See also: 1040 Form, 1040A Form.
References in periodicals archive ?
It also addresses the new lines for reporting ACA information on Forms 1040, 1040-A and 1040-EZ.
com offers the only iPad and iPhone app that allows people to quickly file six-month extensions for individual tax returns, including 1040, 1040A and 1040-EZ, for only 99 cents (includes e-filing).
Whether you received one W-2 and are reaching for the 1040-EZ or are buried in a more complicated form, tax preparers are busily preparing for crunch time.
5 hours in record-keeping, studying the law and preparing and sending their forms for the 2006 tax year, including both those using the 1040-EZ form and those using longer forms.
Users looking to file electronically should check out the company's test program for filing 1040-A and 1040-EZ forms.
This program is limited to Ohio taxpayers eligible to file form 1040-EZ who have not moved since they received their labeled returns from the IRS.
The forecast for CY 2009 includes an adjustment to reflect the estimated net impact of the downturn and the Federal response, resulting in a slight marginal projected decrease in the number of Forms 1040, 1040A, and 1040-EZ filed in the near term.
With this approach, akin to the 1040-EZ short form for taxes, businesses will save an estimated 165,000 hours that otherwise would be spent filling out the longer form.
For example, 23 million single taxpayers who filed form 1040-EZ last year can file returns this year with a phone call of less than 10 minutes; some 3 million will have done so by Monday night.
For tax year 1999, Intuit also is donating the service to any taxpayer filing Form 1040-EZ, regardless of annual income.
The TeleFile program enabled certain taxpayers to use a touch-tone telephone to transmit their Form 1040-EZ returns.
The IRS estimates that a Form 1040-EZ can take up to four hours to prepare and almost 13.