MANAGEMENT

Detailed explanation-1: -You could use Form 1040-EZ if all of the following apply: You are filing as single or married filing jointly. Your taxable income is less than $100, 000. You don’t claim any dependents.

Detailed explanation-2: -Form 1040ez is the simplest way to file your federal taxes. You do, however, need to meet certain eligibility requirements. Some of the major qualifications include an income of less than $100, 000 and a filing status of either single or married filing jointly.

Detailed explanation-3: -The simplest IRS form is the Form 1040EZ. The 1040A covers several additional items not addressed by the EZ. And finally, the IRS Form 1040 should be used when itemizing deductions and reporting more complex investments and other income.

Detailed explanation-4: -Single is the basic filing status for unmarried people who do not qualify to file as head of household. If you were not married on the last day of the tax year and you do not qualify to use any other filing status, then you must file your tax return as single. See the tax rates for single filers.

Detailed explanation-5: -The 1040EZ is a simplified form used by the IRS for income taxpayers that do not require the complexity of the full 1040 tax form.