Question

Sandy and Alex are married, with no dependents. They wish to file a joint tax return. Both of them work, but their combined salaries only put them at a slightly above-average income. They would also like to deduct interest paid on their student loans. Recommend an appropriate 1040 form for Sandy and Alex to fill out.

Answer 1

the other person was correct

The answer is D on edg2020

Answer 2

Answer: 1040-A

Explanation:

Tax form 1040 is an Internal Revenue Service form that an individual is required to file for a federal income tax return.

One of the shortened form of Tax form 1040 is the 1040-A.

1040-A form enables one to claim some adjustment. This include filing as an household head instead of a single person, claiming dependent and retirement savings, tax deductions, earned income, education, etc.

Form 1040-A is appropriate for the couple as it would allow them have a joint tax return and make tax deductions on their student loans.