| 释义 |
1040EZ Form
A simplified variant of the Internal Revenue Service's (IRS) 1040 income tax form. The 1040EZ offers a faster and easier way to file taxes and is meant for taxpayers with the most rudimentary tax situations. In order to be eligible to use this form, the individual must have taxable income of less than $100,000, interest income of $1,500 or less, possess no dependents and fulfill other requirements set by the IRS.
Also known as "income tax return for single and joint filers with no dependents" and unofficially as the "easy form". Investopedia Says:
For most individuals, the 1040EZ is the first tax form that they will fill out. For example, a young adult with a part-time job will need to file a tax return at the end of the year. Because this person will have a very straightforward and simple tax situation (no real estate assets, no tax shelters and no foreign income), only the most basic information is needed to determine whether any money is owed/refunded.
As an individual's taxation situation becomes more complicated (such as by having a child and claiming a dependent), he or she may need to file under the Form 1040A or Form 1040. Related Terms:
1040 Form
1040A Form
1040PC Form
Income Tax
Internal Revenue Service - IRS |