Is 1040A the same as 1040?

The IRS Form 1040A is one of three forms you can use to file your federal income tax return. Form 1040A is a shorter version of the more detailed Form 1040, but is more complex than the simple 1040EZ form.

What is 1040A form used for?

Form 1040A is used by U.S. taxpayers to file an annual income tax return. For Tax year 2018 and later, you will no longer use Form 1040-A, but instead use the Form 1040 or Form 1040-SR.

What are tax rate tables used for?

A tax table is a chart that displays the amount of tax due based on income received. The IRS provides tax tables to help taxpayers determine how much tax they owe and how to calculate it when they file their annual tax returns. Tax tables are divided by income ranges and filing status.

What is the difference between a 1040 and 1040EZ?

The only real difference between the forms is in the amount of information reported. The IRS has a list of items, which if reported on your return, require using either the Form 1040A or Form 1040 instead of Form 1040EZ.

What’s the difference between 1040 and 1040-SR?

The new Form 1040-SR is a variation of the standard Form 1040 used by most taxpayers. If you were at least age 65 by the end of 2020, you can use either form. Form 1040-SR uses larger type and gives greater prominence to tax benefits for seniors, particularly the additional standard deduction.

What are the differences between 1040 vs 1040A?

The 1040 is the long form than the 1040A is the short form

The 1040 is the general form while the 1040A is a more specialized form

Everyone can use the 1040 but not everyone can use the 1040A

The 1040 lets you claim more deductions than the 1040A

What exactly is a 1040A tax form?

The below is accurate for tax years prior to 2018. The IRS Form 1040A is one of three forms you can use to file your federal income tax return.

Filing status and dependents.

Types of income allowed on the 1040A.

Reporting tax,credits and payments on Form 1040A.

Differences between Form 1040A and Form 1040.

Use TurboTax and forget the forms.

Who should use 1040A?

Anyone can use Form 1040, regardless of whether they qualify to use the 1040EZ or 1040A. If you are self-employed, itemize your deductions, owe household employment tax or have $100,000 or more in taxable income, you must use Form 1040, according to the IRS.

Which tax form to file now that 1040A?

Form 1040A is used by U.S. taxpayers to file an annual income tax return. For Tax year 2018 and later, you will no longer use Form 1040-A, but instead use the Form 1040 or Form 1040-SR. None at this time.