Question

Which form would an individual use who has less than $50,000 in taxable income from wages, salaries, tips, unemployment compensation, interest, or dividends, and who is married and does not itemize deductions? A. Form 1040 B. Form 1040EZ C. Form 1040A D. Schedule A

Answer 1

C. 1040A

Step-by-step explanation:

I got it right on the test

Answer 2

B. Form 1040EZ. However, the answer does depend on the amount of taxable interest generated (cannot use 1040EZ if taxable interest exceeds $1500). If more than $1500 in taxable interest, then the answer would be Form 1040A.