Updated February 11, 2008
Why Use Form 1040-EZ?
Many people qualify to use the 1040-EZ form. It will be easier and less time-consuming for you, and faster for the IRS to process. Form 1040EZ is probably the right tax form for you to fill out if you don't have any kids or dependents, don't own a home or didn't attend school.However, you might want to use Form 1040A, which is much shorter than the more complicated Form 1040. On the 1040A, you can take deductions for Individual Retirement Account contributions, which can help lower your taxes.
Are You Eligible to File the 1040EZ Form?
Here's the details. You can file the 1040EZ, the shortest of all federal tax forms, if you meet these conditions:- Your total income is under $100,000
- Your interest income is under $1,500
- You have income only from wages, interest, unemployment compensation, and Alaska Permanent Fund dividends
- You and your spouse are under 65 years old
- You do not have any adjustments to income
- You are claiming only the standard deduction
- You may claim the Earned Income Credit
- You are not claiming any other tax credits
Quick Links relating to the 2006 Form 1040EZ
Need information for a different year?
- For Year 2005
- 2005 Form 1040EZ
- 2005 Instructions
For Year 2004 - 2004 Form 1040EZ
- 2004 Instructions
