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Here are the advantages of using a Form 1040-SR:
Form 1040-SR is a tax filing form made for seniors to ease the process of tax filing, and it was introduced in 2019, which helped many older taxpayers use easier tax filing options. This Form also provides a standard deduction for senior citizens and has an easy process to file taxes and get their pension or retirement income.
This form is accessible for senior citizens who are 65 or older. It was introduced by the IRS to make the process of tax filing easy for seniors.
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Here are the points that you should choose Form 1040-SR to fill tax return for the senior citizens: