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Information about Form 1040-SR, U.S. Tax Return for Seniors, including recent updates, related forms and instructions on how to file. Form 1040-SR is available as an optional alternative to using Form 1040 for taxpayers who are age 65 or older. Form 1040-SR uses the same schedules and instructions as Form 1040 does.
Form 1040-SR is a larger-type tax return that taxpayers over 65 can use to file their taxes, available since 2018. It highlights tax benefits for those who are age 65 or older.
Form 1040-SR is a large-print version of Form 1040 that is designed for taxpayers who fill out their tax return by hand rather than online. A Standard Deduction table is printed right on the form for easy reference. You need to be 65 or older to use Form 1040-SR.
The Bipartisan Budget Act of 2018 introduced a new tax form for seniors effective for 2019 taxes. Known as the 1040-SR, this form is designed to make filing taxes easier for older Americans.
Filing Requirements: The 1040-SR is specifically tailored for seniors and can be used by individuals aged 65 and older, regardless of their filing status or income level. In contrast, the standard Form 1040 is used by taxpayers of all ages and income levels.
Form 1040-SR is a tax return designed specifically to meet the needs of older adults. Taxpayers must be at least age 65 to use Form 1040-SR, with one exception—only one spouse must be age 65 or older if they’re filing a joint married return.
How to complete and file this tax form. Other tax forms and schedules you may need to complete. Additional resources that may help you calculate your taxes. Let’s start by going through IRS Form 1040-SR, beginning at the top. Table of contents. How do I complete IRS Form 1040-SR? Video walkthrough. Frequently asked questions.
Department of the Treasury—Internal Revenue Service. U.S. Tax Return for Seniors. 2023. OMB No. 1545-0074. IRS Use Only—Do not write or staple in this space. For the year Jan. 1–Dec. 31, 2023, or other tax year beginning , 2023, ending , 20. See separate instructions.
Form 1040-SR. Form 1040-SR, U.S. Tax Return for Seniors, was introduced in 2019. You can use this form if you are age 65 or older at the end of 2023. The form generally mirrors Form 1040. However, the Form 1040-SR has larger text and some helpful tips for older taxpayers. See the Instructions for Form 1040 for more information. Tax return ...
The Internal Revenue Service's new “U.S. Tax Return for Seniors” could make filing season a bit less taxing for some older taxpayers — provided you qualify to use it. If you or your spouse were born before Jan. 2, 1955, you may be able to use Form 1040-SR instead of the more complicated Form 1040.