The taxpayer does not owe household employment taxes on wages you paid to a household employee Used if the taxable income is greater than $100,000 Used if taxable income is less than $100,000 Identifying/personal information for spouses and dependents is at the top of the first page The taxpayer was not to itemize deductions Has many more income categories other than wages, tips, salaries, taxable grants, or scholarships unemployment compensation it allows others like sale of property Used if the taxpayer claimed no dependentsĪllowed income only from wages, tips, salaries, taxable scholarship, fellowship grants, unemployment compensation, or Alaska Permanent Fund dividends Other differences have been discussed in the table below Form 1040EZ However, with the Form 1040, one is entitled to many more itemized credits and deductions such as Social security benefits, alimony, etc. Through Form 1040EZ, one could claim a handful of credits and deductions such as standard deductions and earned income tax credit on their tax return. Form 1040 has been more of a tune-up than an overhaul of Form 1040EZ.

In an effort to make the tax filing process simpler, the IRS has had to revise changes throughout the years. This is after the major restructuring of Form 1040EZ in 2018. Since 2018, the IRS has been making changes to the IRS Form 1040 used to file by individual tax payers.

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