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1040EZ-Limited to:
- Wages, Interest under $400, Unemployment and EIC
1040A-Limited to:
- Income: Wages, Interest, Dividends, Capital
Gain Distributions, Unemployment, Social Security, IRA,
Pension and Annuity
- Deductions: IRA, Student Loan Interest
- Credits: EIC, Child Tax Credit, Child
and Dependent Care Credit Credit for the Elderly and Disabled,
Adoption Credit and Education Credits
Examples of items not eligible for
1040EZ or 1040A:
- Income: State Refund, Alimony, Business
and Self Employment Income, Sale of Securities or Capital
Assets, Rental Income, Farm Income, Income from Estates,
Trusts, Partnerships or S Corps, Other Miscellaneous Income
including Gambling, Prizes and Awards
- Deductions: Moving Expenses,Self Employed
Retirement and Health Insurance, Itemized Deductions(Mortgage
Interest, R.E. Taxes, Charitable, Medical, Job Expenses
Etc.)
- Credits: Foreign Tax Credit
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