The amount of federal tax which has been withheld is detailed on Form W-2 (Wage and Tax Statement), which you should receive a copy of from your employer.

This section covers taxes you have already paid through employer withholdings from your paycheck.

This section asks about specific sources of income, such as wages, tips, and salaries.

Form 1040EZ is broken down into six short sections: The original Form 1040 features 79 different items, while the 1040A includes 51, and the 1040EZ features a mere 14. Whether the taxpayer is claiming dependents.The age and disability status of the taxpayer.How much taxable income the taxpayer has.This variation in complexity stems from factors such as: The standard 1040 form is the most complex of the three, while the 1040EZ is the simplest (hence its nickname of “simple income tax return”), and the 1040A is somewhere in the middle. To begin with, each has a different level of complexity. Millions of Americans use these alternatives to the standard 1040, but why? What are the major differences that distinguish these variants from one another? The IRS projects that in 2018, approximately 15,000,000 Americans will use the standard paper 1040, while another 4,600,000 each will use the 1040A or 1040EZ instead - and that doesn’t even take online filings into consideration. To arrange for a confidential consultation with Ted, call US Tax Help at (541) 923-0903 today. Ted has more than 30 years of experience working with taxpayers throughout the US and internationally, and is ready to help you take advantage of credits and deductions while evaluating the best filing option for your financial situation. In this guide to the 1040EZ tax form, CPA Ted Kleinman will explain the key differences between the traditional 1040, the 1040A, and the 1040EZ, with an emphasis on the IRS’ special rules and regulations pertaining to the 1040EZ. Many taxpayers use alternative variants of the original 1040, such as the 1040A and the 1040EZ. Hundreds of millions of Americans file 1040 forms online or on paper every year during the tax filing season - but not all of them are the standard 1040. Among them all, the most famous is arguably Form 1040: the U.S.

The IRS currently uses more than 800 different forms.

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