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 ?
13] Includes the Alaskan permanent fund, reported by residents of Alaska on Forms 1040A and 1040EZs.
In general, the filing of "short forms" (mostly Forms 1040A and 1040EZ, and Form 1040-T for 1995 only) has been encouraged by IRS to simplify both taxpayer filing requirements and IRS processing.
Forms 1040, 1040A, and 1040EZ include "standard" electronically-filed ("ELF" or "e-file") returns, and Form 1040EZ returns filed electronically by telephone ("TeleFile"), starting with 1991.
The types of income that could be reported on Form 1040EZ were also expanded, starting in 1996, to include unemployment compensation.