1040-SR
Business & Finance abbreviation · Tax
| Stands for | U.S. Tax Return for Seniors (IRS Form 1040-SR) |
|---|---|
| Categories | Business & Finance |
1040-SR stands for U.S. Tax Return for Seniors (IRS Form 1040-SR), a tax abbreviation.
Version of Form 1040 for taxpayers aged 65 or older, printed in larger type with a standard deduction chart that includes the additional amounts for age and blindness. Its lines and schedules otherwise match the regular 1040.
Example: Dad prefers the 1040-SR because the larger type is easier to read.
Usage notes
Introduced for the 2019 tax year under the Bipartisan Budget Act of 2018. Seniors may use it whether they itemize or not and regardless of the type of income they have.
Related abbreviations
More tax abbreviations
- 1031 – Like-kind exchange (Internal Revenue Code section 1031)
- 1040 – U.S. Individual Income Tax Return (IRS Form 1040)
- 1040-ES – Estimated Tax for Individuals (IRS Form 1040-ES)
- 1040-NR – U.S. Nonresident Alien Income Tax Return (IRS Form 1040-NR)
- 1040-X – Amended U.S. Individual Income Tax Return (IRS Form 1040-X)
- 1041 – U.S. Income Tax Return for Estates and Trusts (IRS Form 1041)
- 1065 – U.S. Return of Partnership Income (IRS Form 1065)
- 1095-A – Health Insurance Marketplace Statement (IRS Form 1095-A)
- 1098 – Mortgage Interest Statement (IRS Form 1098)
- 1098-E – Student Loan Interest Statement (IRS Form 1098-E)
- 1098-T – Tuition Statement (IRS Form 1098-T)
- 1099 – IRS Form 1099 information return series