What is the difference between 1040 and 1040-sr?

Form 1040 and Form 1040-SR are the standard forms used by taxpayers regardless of whether they itemize deductions. Form 1040-SR is a variation of the standard Form 1040 used by most taxpayers. You can use either form if you were at least age 65 as of the last day of the tax year.

What is a 1040 Form?

Form 1040, formally known as the “U.S. Individual Income Tax Return,” is the form people use to report income to the IRS, claim tax deductions and credits, and calculate their tax refund or tax bill for the year. The IRS releases a revised version of the form for each tax filing year.

What is Form 1040 SR?

Form 1040-SR is a variation of the standard Form 1040 used by most taxpayers. You can use either form if you were at least age 65 as of the last day of the tax year. Form 1040-SR uses a larger type and gives greater prominence to tax benefits for those over age 65, particularly the additional standard deduction.