Related Documents
Form 1040-SR - U.S. Tax Return for Seniors
Form 1040-SR is a simplified tax return designed for taxpayers aged 65 and older. It features larger print and a built-in standard deduction chart, making it easier for seniors to file their taxes.
Form 1040-ES - Estimated Tax for Individuals
Form 1040-ES is used to calculate and pay estimated taxes for the current tax year. This includes income tax, self-employment tax, and alternative minimum tax. Estimated tax payments are made quarterly by individuals who expect to owe $1,000 or more in tax.
Schedule 1 - Additional Income and Adjustments to Income
Schedule 1 reports additional income not listed on Form 1040, including business income, unemployment compensation, and alimony received. It also covers adjustments to income such as educator expenses, student loan interest, and IRA deductions.