1040 vs 1040-SR: Differences List
If you can't understand all the differences between both forms than this list might help you.
- You must be at least 65 years old to use Form 1040-SR
- It allows you to claim a higher standard deduction.
- It has a $100,000 income limit.
- It allows you to report more income sources.
- 5. Form 1040-SR has different deductions than 1040.
- 6. For both forms you can use the EIC calculator.