Choosing the Right Tax Form
Choosing the Right Tax Form

Unless people go the e-file way, they will have to choose which form to use while filing their 2009 individual tax returns. If someone chooses to file an electronic form, the software picks the best one which suits the filer automatically.

Whether you pick e-files or prepare a paper tax return, using a form which is simple and most beneficial will help you avoid many expensive errors and delays in processing.

Electronic form filing, on the other hand, will considerably speed up the process as well, in addition to making picking the form easy.

When choosing your IRS form, pick the 1040EZ if your taxable earnings are below the $100,000 marks, the filing status is either single or married filing jointly and both you and your spouse are under 65 and not blind.

On the other hand, choose form 1040A if your taxable income is below $100,000 and you possess capital-gain distributions and claim tax credits, among other factors, and pick form 1040 if your taxable earnings are $100,000 and above and you end up claiming itemized deductions.

To find out more about all IRS forms, filing instructions and e-forms, one can visit irs. gov.

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