Why might you complete a 1040 instead of a 1040EZ?

A. You own a home.

B. You make less than $100,000.

C. You don't claim any dependents.

D. None of the above.

Question

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Emiliano Wilkinson

14 April, 12:06

Why might you complete a 1040 instead of a 1040EZ?

A. You own a home.

B. You make less than $100,000.

C. You don't claim any dependents.

D. None of the above.

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Answers (1)

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Beamer · Answer 1

A) You own a home. Home ownership complicates your income statement return, as there are many deductions and additional taxes that you may owe. The 1040EZ is geared toward a more bare-bones return (you have no dependents and make less than $100,000/year, and cannot itemize any deductions). This makes a 1040 a more appropriate choice than a 1040EZ if you own a home.

Why might you complete a 1040 instead of a 1040EZ?A. You own a home.B. You make less than $100,000.C. You don't claim any dependents.D. None of the above.

Why might you complete a 1040 instead of a 1040EZ?

A. You own a home.

B. You make less than $100,000.

C. You don't claim any dependents.

D. None of the above.