1040SR
The 1040SR form, officially known as the U.S. Tax Return for Seniors, is a version of the standard U.S. Individual Income Tax Return designed specifically for individuals aged 65 and older. It was introduced by the Internal Revenue Service (IRS) to simplify the tax filing process for senior citizens. The 1040SR form is functionally identical to the regular Form 1040, meaning it uses the same lines and tax rules. The primary difference lies in its presentation and the inclusion of a standard deduction for taxpayers aged 65 or older and those who are blind, which is often displayed prominently on the form. This feature can make it easier for seniors to quickly identify and claim the additional standard deduction they are entitled to.
Taxpayers can use Form 1040SR if their filing status is single, married filing jointly, or qualifying widow(er),