    

|
|
|
|
1040EZ Form
|
The 1040EZ form is the easiest (hence the name) of the 1040 forms with which individuals file their yearly taxes with the Internal Revenue Service. The 1040EZ form is only one page long. The 1040EZ form is used by taxpayers with very simple tax situations. To qualify for the 1040EZ form, an individual must have taxable income below a certain amount (which can change year to year); must take the standard deduction instead of separate, itemized deductions; and must not use IRS tax schedules with their forms. There are other qualifications as well with the 1040EZ form. The booklet for the 1040EZ form spells out the restrictions on its use. One can use electronic filing to file one’s 1040EZ form.
Rate this 1040EZ Form definition...
|
|
Where is the market headed? The answer may surprise you. Find out right now with the exclusive & Barron's recommended charts of Chart of the Day.
|
Popular Terms: EBITDA, liquidity ratio, 401a, deferred tax, command economy, 144a, per diem, margin rate, deferred revenue, required rate of return, cancelled check, open position, stock split, ex-dividend, implied volatility, in escrow, irrevocable trust, limit order, quality assurance, risk management, 1035 exchange, Key Rate Duration, class C shares, current ratio, Zero Cost Collar, 1031 exchange, wholly-owned subsidiary, VIX, reverse mortgage, retained earnings, phantom income, option premium, minority interest, labor relations, ex-dividend date, covered put, real GDP, LIBOR, inflation, dividends payable, diluted share, debt service coverage, balance sheet, APR, equities, average price per share, FICO score, FTSE, stock market close
|
|
|
|