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Form 1040-SR can be used by which of the following taxpayers

Form 1040-SR can be used by which of the following taxpayers

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Answer #1

FORM 1040-SR

  • Form 1040 - SR can be used by the person whose age is 65 (born before January 2, 1955) or more than 65.
  • The form allows income reporting from wages , salary and tips if they are still working and it allows to report income from other sources such as Social Security,  pensions, investment income, annuities or similar deferred-payment arrangements .
  • Married couples filing joint return can fill this return if either of them is fulfilling the requirement of age criteria. printed with the standard deduction chart.
  • It contains large print or font which makes it easier to read by older people and it is printed with the standard deduction chart.
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