Question

What is form 1040a also known as? Form 1040a is also known as a/an __________.

Option 1: Form 1040EZ
Option 2: Form 1040X
Option 3: Form 1040B
Option 4: Form 1040C

Answer 1

Form 1040A is not correctly identified by any of the options provided. It is a simplified version of Form 1040 meant for individuals with straightforward tax situations, and it is distinct from the other forms listed which serve different purposes.

Step-by-step explanation:

Form 1040A is known as a simplified version of the Form 1040. It was used for individuals with straightforward tax situations who did not need the full details of the standard Form 1040. It cannot be called by the other options provided because they refer to different forms:

• Option 1: Form 1040EZ was an even simpler tax form than the Form 1040A, but it's not the same form.
• Option 2: Form 1040X is the form used to amend a previously filed tax return.
• Option 3: Form 1040B does not exist.
• Option 4: Form 1040C is a form used for reporting profit or loss from a business (sole proprietorship), not a simplified tax form.

Hence, none of the options provided correctly identify Form 1040A as another form. It is simply known as Form 1040A and is a standalone form with its characteristics and use cases.