Which of the following would disqualify a taxpayer from filing a Form 1040EZ?
A)The taxpayer was single.
B)The taxpayer has interest income of $1,900.
C)The taxpayer was age 63.
D)The taxpayer had no dependents.

Question

Quizplus · Accepted Answer

The availability of Form 1040EZ is limited to taxpayers with very basic tax situations. Taxpayers are ineligible if they have income from sources other than wages, tips, taxable scholarship, and fellowship grants, or if their income exceeds $100,000, and have income from dividends, capital gains or losses. Interest income over $1,500 also disqualifies a taxpayer from filing Form 1040EZ. Therefore, option (B) disqualifies a taxpayer from filing Form 1040EZ.

Which of the Following Would Disqualify a Taxpayer from Filing