Maxmoneyzone.org Clarifies 1040 Tax Form Types
A recently published Maxmoneyzone.org article by tax preparation planner Frank Ellis covers the three 2016, 2017 IRS 1040 tax forms taxpayers can use. The first is 1040EZ, which is the simplest but doesn't allow one to claim many of the available credits and deductions. There was a change this year, he notes. The IRS doubled the income threshold so more taxpayers could file with this form.
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