Sandy and alex are married, with no dependents. they wish to file a joint tax return. both of them work, but their combined salaries only put them at a slightly above-average income. they would also like to deduct interest paid on their student loans. recommend an appropriate 1040 form for sandy and alex to fill out.
a.
1040
b.
1040-ez
c.
1040-2
d.
1040-a

The correct answer is:

d.) 1040-A

Explanation:

A 1040-EZ is used if you are single or married filing jointly, make less than $100,000, and have no adjustments to your income. Sandy and Alex wish to deduct student loan interest, so they cannot use this form.

The next one is the 1040-A. This one can be used to deduct student loan interest, so this would be the one they should use. It is the simplest form that will allow them to claim what they wish to claim.

Recommendation on appropriate 1040 form for Sandy and Alex to fill out is d.  1040-A

1040  Form is the standard federal income tax form, that used to report an individual's gross income, including money, goods, property, and services. If an individual wants to get that form, he/she has to call the toll free number of U.S. Individual Income Tax Return office.  1040 form is helpful in lowering the citizens taxes.

Individual can get my 1040 form from tax return transcript. A tax return transcript shows most line items including AGI from an original tax return (Form 1040, 1040A or 1040EZ) as filed, along with any forms and schedules.

For Tax Year 2018, you will no longer use Form 1040-A or Form 1040-EZ, but instead will use the redesigned Form 1040. Many people will only need to file Form 1040 and no schedules.

Sandy and Alex are married, with no dependents. They wish to file a joint tax return. Both of them work, but their combined salaries only put them at a slightly above-average income. They would also like to deduct interest paid on their student loans. I recommend 1040-A form for Sandy and Alex to fill out. Form 1040A is used by U.S. taxpayers to file an annual income tax return.

Grade:  9

Subject:  mathematics

Chapter:  1040 form

Keywords:  1040 form, Sandy, Alex, joint tax return, salaries