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Why
Use Form 1040-EZ?
The
1040EZ form is an alternative to the IRS 1040 income tax form. It
offers a faster and easier way to file taxes, meant mainly for taxpayers
with rudimentary tax situations. To be eligible to use this form,
your taxable income must be less than $100,000, interest income
of $1,500 or less. You should also possess no dependents and fulfill
other requirements set by the IRS. The 1040EZ form is also unofficially
known as "the easy form"
Many
people qualify to use the 1040-EZ form, as this is an easier and
less time-consuming for you, and faster for the IRS to process.
A young adult with a part-time job will have to file a tax return
at the end of the year.
File
online with TurboTax: #1 rated and #1 selling tax software!
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