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The Form 1040-EZ, Income Tax Return is for Single and Joint Filers with no dependents. Read more, https://nationaltaxreports.com/what-is-irs-1040ez-tax-form/ Itu2019s a one-page form with a few sections. For taxpayers with simple tax calculations, a lot of time can be saved by filing the 1040EZ.
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WHAT IS IRS 1040EZ TAX FORM? AsaUStaxpayer, youarerequiredtofileanannualUSIndividual IncomeTaxreturntocomplyandreportyourearningsandtax liabilitywiththeInternalRevenueService (IRS). Mosttaxpayersfind taxformsconfusingandfrustrating, buttheIRShasa “simplified” versionofthetaxreturn, whichcanbefiledifyoumeetcertain criteria. WhatistheIRS1040EZTaxForm TheIRSoffersthreedifferentformstofileyourIndividualIncomeTax Return. The Form1040, Form1040A, andForm1040EZaregenerally theformsUStaxpayersusetofiletheirincometaxreturn.FormAisa hybridoftheForm1040andForm1040EZ. TheForm1040EZisa verysimplifiedversionofthetaxreturn, andtheForm1040Aallows foradditionaladjustmentstoincomeandcreditsavailable. HOWTOGET A1040EZ FORMONLINE TURBOTAX FEDERALFREE IfyouqualifytofileForm1040EZ, youcanalsousetheTurboTax FederalFreesoftwaretoprepare andfileyourreturn. TurboTaxisa softwarebyIntuit, whichisoneof theleadersintaxsoftware. The free TurboTaxsoftware is reallysimpletouseandavailable toanywhoqualifiestofileaForm 1040EZ. TheForm1040EZcanbepreparedand filedusingafewdifferentmethods:You canalsousetheprintableversionof theForm1040EZ. Youwillfilloutthe taxreturnandmailittotheIRS. This methodisn’tpreferredandcandelay therefundprocess. HOWTOFILL OUTA1040EZ IRSWEBSITE Ifyouradjustedgrossincomeis $64,000orless, youcanusethe IRSFreeFiletooltofileyourreturn. Thisisaveryquickandeasy methodtouseifyouqualify, but youwillneedtocalculatethe taxesyourself. FillingouttheForm1040EZis simplifiedbecausebeingeligiblefor thistaxformmeansyouarelowrisk fortheIRS. The1040EZisbroken downintoafewdifferentsections: InformationSource: www.nationaltaxreports.com/what-is-irs-1040ez-tax-form