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Should I always use the 1040SR? I don't think it can itemize. I am just wondering if by using the regular 1040 it will disadvantage them.
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The tax will be the same no matter which form is used. I am not using SR. I have a hard enough time remembering where things should show up the new 1040. Not looking to learn another form.
The more I know the more I don’t know.
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6 of one, 1/2 dozen of the other. I like raised glazed.
Answers are easy. Questions are hard!
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I do a lot of returns for retired folks so out of curiosity, I went in and counted all of the returns I prepared in the 1040SR format. If my math is correct, to date I have zero 1040SR returns. I am hoping to decrease that amount next year. Who knows, maybe next year they will come out with something new again. Maybe a 1040COVID to help account for all of those permanently retired folks named deceased that received stimulus payments.
Slava Ukraini!
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I dont use it, I never used the 1040A or 1040EZ either. It's easier for me if everyone uses the same form.
♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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My feeling, too.
The more I know the more I don’t know.
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Same schedules, same options, different Size for easier fill in by Old People:
https://www.irs.gov/newsroom/new-form-1040-sr-alternative-filing-option-available-for-seniors
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