What Was IRS Form 1040EZ and Why Was It Discontinued?

Learn about the IRS Form 1040EZ, its eligibility criteria, and why it was replaced by the redesigned IRS Form 1040 after 2018.

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The IRS Form 1040EZ was a simplified federal income tax form for individuals who have uncomplicated tax situations. Eligibility criteria included income below $100,000, interest income under $1,500, and filing status limited to single or married filing jointly, among others. However, it's important to note that as of 2018, the 1040EZ has been discontinued and replaced by the redesigned IRS Form 1040. The new form aims to be simpler and can be used by all taxpayers.

FAQs & Answers

  1. What was the purpose of the IRS Form 1040EZ? The IRS Form 1040EZ was designed as a simplified federal income tax form for individuals with uncomplicated tax situations, such as earning under $100,000 in income and having limited interest income.
  2. Why was IRS Form 1040EZ discontinued? IRS Form 1040EZ was discontinued in 2018 and replaced with a redesigned Form 1040 to simplify the filing process and accommodate all types of taxpayers using one form.
  3. Who was eligible to file using IRS Form 1040EZ? Taxpayers with income below $100,000, interest income under $1,500, and filing statuses limited to single or married filing jointly were eligible to file the IRS Form 1040EZ.

Watch More

If you want to learn more about current IRS tax forms and instructions, check out our guides on the IRS Form 1040 and how to file your taxes with the new simplified process introduced after 2018.

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