1040SR: should i always use?

Forum|Forum|6 years ago
May 18, 2020
6 replies
49 views

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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sjrcpa

Level 15

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.

George4Tacks

Level 15

I let the program go wild and use what ever it wants. At least it is not a postcard size aberration.
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IRonMaN

Level 15

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.

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