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 Form 1040 SR 2024-2025

1040 Instructions 2024-2025 Form

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How form 1040

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Instructions and help about irs 2024 forms

if you're doing your taxes and you're over 65 don't use form 1040 because you're going to get erroneous information here especially if you didn't make a lot of money and you're just going to do a standard deduction so right here in line 12 is where you put the standard deduction or your itemized deductions standard deduction in this form says it's 12 400 but if you're over 65 you don't want to use this form you want to go and use the 1040 senior u.s tax return for seniors for 2020. i'm going to show you why the standard deduction for seniors is fourteen thousand and fifty dollars okay let's go back here this one's only twelve thousand four hundred where this one's fourteen thousand fifty so seniors out there if you're 65 and older and you're doing your taxes make sure you use this form for your 1040 senior form it's the special form you get a bigger deduction

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