1040A Form

DEFINITION of '1040A Form'

A simplified version of the 1040 form for individual income tax. To be eligible to use a 1040A form, an individual must fulfill certain requirements such as not itemizing deductions, not owning a business and having a taxable income of less than $100,000.

Unofficially known as the "short form".

BREAKING DOWN '1040A Form'

While the form can be slightly more complex compared to the "1040EZ", it is still relatively simple in comparison to the 1040. Once an individual's financial situation becomes complicated with dependents, special deductions and credits (such as those associated with post secondary education tuition), most taxpayers will often need to switch from filing with the 1040EZ to the 1040A.

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RELATED FAQS
  1. What's the difference between IRS Forms 1040EZ and 1040A?

    Two of the forms used for filing individual federal income tax returns are IRS Form 1040A and IRS Form 1040EZ (the third ... Read Answer >>
  2. Can filing taxes with Form 1040EZ cost me money?

    Filing your taxes with Form 1040EZ may simplify the process, but it could also reduce the refund you're eligible to receive. Read Answer >>
  3. Can I use IRS Form 1040EZ to file my tax return?

    IRS Form 1040EZ is the simplest form for filing your taxes, but you must meet certain qualifications to use it. Read Answer >>
  4. What’s the difference between IRS Forms 1040 and 1040EZ?

    Though very similar, the differences between the 1040 and 1040EZ Forms are significant when it comes to filing your tax return. ... Read Answer >>
  5. Where on my 1040 form do I report AGI (adjusted gross income)?

    Learn more about IRS Form 1040 and your adjusted gross income, or AGI, which is the figure the IRS uses to figure your total ... Read Answer >>
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    Taking the standard deduction is the easiest and most common method chosen by filers, but many taxpayers may wind up paying ... Read Answer >>
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