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Form 1040EZ was a shortened version of Form 1040 for taxpayers with basic tax situations. The form was discontinued as of the 2018 tax year and replaced with the redesigned Form 1040.
Form 1040EZ (prior to tax year 2018) is the simplest version of this essential tax form.
The 1040EZ is a simplified form used by the IRS for income taxpayers that do not require the complexity of the full 1040 tax form. Simply select your tax filing status and enter a few other details to estimate your total taxes.
Form 1040 for IRS Tax Filing Document is the most commonly used form. It has 2 pages, be sure to include both. Schedule 1 of IRS Form 1040 includes additional income and adjustments to income.
The simpler the form, the less chance for an error that may cost you money or delay the processing of your return. The simplest IRS form is the Form 1040EZ.
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Form 1040-SR is an alternative version of the 1040 form that features a larger print and an easy-to-read standard deduction table. Form 1040-SR can be used by seniors 65 and older filing a paper return. Other than these accommodations, it functions the same as the standard 1040 form.
For example, if you only owe $2,000 in taxes and receive a $4,000 refundable tax credit, you will receive the excess $2,000 as a tax refund. A tax deduction, in contrast, reduces your taxable income instead of your taxes owed.
It often involves reporting taxable income from a single source, such as wages from a traditional W-2 job, claiming the IRS standard deduction, and perhaps a limited number of tax credits or other adjustments to income. That said, theres still no one type of simple tax return.

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