The 1040 form is the central component of an individual tax return. It’s so important, in fact, that the IRS offers it in three standard versions, plus a few less common types for unusual circumstances. Picking the simplest version of Form 1040 that applies to your situation can save you a lot of time and effort when filing your tax return.
Image source: Getty Images
The simplest of the three options, Form 1040EZ is available to taxpayers who meet the following criteria: