topic Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo. in After you file

Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

user932852143512441231 — Sun, 05 Jan 2020 21:20:36 GMT

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

DoninGA — Sun, 05 Jan 2020 21:24:24 GMT

If the tax data you entered only requires you to file a Form 1040-SR then that is the form that will be included in your tax return and in the PDF download available.

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

xmasbaby0 — Sun, 05 Jan 2020 21:25:13 GMT

Why are you concerned that you are using 1040SR? It just has larger print--the calculations are done exactly the same way for you no matter which form you file on.

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

Critter — Sun, 12 Jan 2020 00:16:21 GMT

This new 1040-SR is the silliest thing the IRS has done to date … what a waste of effort & paper… the new 1040-SR is EXACTLY the same in line information as the 1040 this year ... the ONLY differences are the font size, background color (that TT doesn't print) and the fact that they added a standard exemption chart to the bottom of the first page of the SR form ...

LOOK at them side by side and have a good laugh.

I still can’t find any reason why the form 1040 could not simply have larger font and no background color ( which used to differentiate the 1040, 1040A and 1040EZ apart from each other).

https://www.irs.gov/pub/irs-pdf/f1040s.pdf

https://www.irs.gov/pub/irs-pdf/f1040.pdf

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

mmacbain — Mon, 03 Feb 2020 23:06:19 GMT

I don't think this should be the default. I want to be able to select the form I want. What if a senior is applying for a loan. I think the bank might automatically have problems with this form or even discriminate.

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

mmacbain — Mon, 03 Feb 2020 23:07:12 GMT

I'm concerned if I need to use the return for a purpose where there might be discrimination against the senior; e.g. a bank loan.

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

DoninGA — Mon, 03 Feb 2020 23:10:23 GMT

@mmacbain wrote:

I'm concerned if I need to use the return for a purpose where there might be discrimination against the senior; e.g. a bank loan.

The Form 1040-SR is Exactly the same as the Form 1040. It only has slightly larger type.

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

mmacbain — Mon, 03 Feb 2020 23:13:32 GMT

It is not the same - the title is 1040-SR U.S. Tax Return for Seniors

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

mmacbain — Mon, 03 Feb 2020 23:19:07 GMT

It also has a different layout and has a standard deduction chart at the bottom. It also has only items that seniors would use. The only reason the IRS did this is because Congress made them do it. I think a TT user should have the option of choosing which form they want to use. Chances are this form won't be available in the future. Also, if one has to send in multiple years of returns, there is no consistency. It's a mess!

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

DoninGA — Mon, 03 Feb 2020 23:15:17 GMT

@mmacbain wrote:

It is not the same - the title is 1040-SR U.S. Tax Return for Seniors

Well, that is the only difference. Discrimination based on age for any type of loan is illegal if the person applying for a loan is of legal age.

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

xmasbaby0 — Mon, 03 Feb 2020 23:19:22 GMT

@mmacbain The line numbers are the same. The calculations are the same. If you are 65 or older, the print is larger. Your tax is not calculated differently. The tax form is not discriminating against you for your age. There has always been a higher standard deduction for 65 or older, so that is not different either.

Compare them side by side:

https://www.irs.gov/pub/irs-pdf/f1040s.pdf

https://www.irs.gov/pub/irs-pdf/f1040.pdf

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

mmacbain — Mon, 03 Feb 2020 23:22:28 GMT

Take another look. There are more differences. Discrimination happens whether it is illegal or not! I just attended a seminar by an IRS stakeholder liaison and he explained the differences. He also said that it was designed for people who hand write their returns and don't use electronic filing. It is inappropriate for TT to assume that one wants to use this form. There should be an option.

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

DoninGA — Mon, 03 Feb 2020 23:28:27 GMT

Well, I am well over age 65 and really cannot see an issue with the 1040-SR. If applying for a loan is a concern even if you use the 1040, you still have to give proof of identity and that will have your date of birth on the ID.

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

Critter — Mon, 03 Feb 2020 23:38:06 GMT

OK you bunch of nit pickers ... the ONLY differences between the 2 forms is one has no background color which makes it harder for some people (not only seniors) to read AND which is not on the PDF form TT puts out AND the font is larger (again easier for everyone to read) AND the standard deduction chart on the bottom of page 1. NOTHING else is different !!!!

The program has ALWAYS chosen the correct form for your situation ... it used to pick the 1040EZ if you qualified and now it will choose the 1040-SR if you qualify. The ONLY qualification for this new ridiculous form is that you be 65 or older and if you apply for a loan the mortgage company already has your age so this should not be a surprise to them that you give them a 1040-SR. This is NOT discrimination of any kind ... it is just making allowances for those who may need it. If you don't like it then write the IRS.

NOW if you really need want to have a 1040 to hand into a lender then print off a blank form from the IRS site and manually transfer the information yourself ... but IMHO it is a waste of time.

Now in my professional program I do have the option to opt out of the 1040-SR form and I did for only one reason ... saving ink !!! Doing this means the returns I print will not have that useless deduction chart on every form. AND my professional program is using the same large font for the form 1040 which is great.

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

whadago — Tue, 11 Feb 2020 18:42:05 GMT

If you use the CD (and perhaps the download) then switch to forms and the Info Wks part II has a selection for 1040 or 1040sr. Not a real obvious option!

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

Critter — Tue, 11 Feb 2020 19:12:22 GMT

FYI ... the CD & Download are EXACTLY the same in every way.

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

Irene2805 — Wed, 12 Feb 2020 20:04:07 GMT

You are concerned that you will be discriminated against (say in a loan process), because you have provided an
SR-1040 instead of the traditional 1040. Two issues come to mind:

The lender may already know (or guess at) your age, either because the loan application asks for it or because of a lengthy work history listed.
More importantly, lenders are prohibited from discriminating against a borrower because of their age. Legally, banks can only offer loans based on financial qualifications alone.

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

dpwright061487 — Sat, 22 Feb 2020 21:29:15 GMT

thank you! You are the only person on this site who has provided helpful information. It is inconceivable that one is forced to file SR by Turbo tax when it is an option available by the IRS.

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

Critter — Sat, 22 Feb 2020 21:37:21 GMT

And I reiterate ... the ONLY differences between the 2 forms is the FONT size and the useless chart at the bottom of page one.

Re: Form 1040SR is defaulted. How do I use/print F-1040? Yes I am over 65yo.

wtmann45 — Fri, 03 Jul 2020 01:32:24 GMT

You only get 1040 on the screen, when you save to print it reverts back to 1040SR.