Form 1040-SR

Form 1040-SR is a U.S. tax form specifically designed for seniors aged 65 and older. It simplifies the tax filing process by using larger print and including a standardized deduction for those who qualify. Like Form 1040, it allows seniors to report income, claim credits, and calculate taxes owed or refunds due. This form is beneficial for older taxpayers who may find the traditional 1040 more challenging to read and complete. Overall, it aims to make tax filing more accessible and easier for seniors.