Rules for Form 1040EZ

The simplest, one-page tax form has become more and more complicated in recent years, and as a result it can be used by more and more taxpayers.

Financial Calculators What will be your tax bill for the current year? Use this Preliminary 1040EZ Tax Form Calculator to find out. Based on your projected withholding for the year, we can show you your refund or the amount you'll owe the IRS next April.

You can generally use the 1040EZ if all of the following are true:

• Your filing status is single or married filing jointly (if a nonresident alien at any time in 2014, your filing status must be married filing jointly).
• You (and your spouse, if filing jointly) were both under 65 and not blind.
• You are not claiming any dependents (you may use this form if you are claimed as a dependent on someone else's tax form).
• Your taxable income is less than $100,000.
• Your income is only from wages, salaries, tips, unemployment compensation, Alaska Permanent Fund dividends, taxable scholarship and fellowship grants, and taxable interest of $1,500 or less.
• You're not claiming any adjustments to income, such as an IRA deduction.
• You are not claiming any credits other than the earned income credit.
• You do not owe any household employment taxes on wages you paid to a household employee.
• If you earned tips, they are included in boxes 5 and 7 of your Form W-2.
• You are not a debtor in a chapter 11 bankruptcy case filed after October 16, 2005.

Planning Tools You can download a copy of Form 1040EZ for future use.

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