The IRS Form 1040A, also known as "U.S. Individual Income Tax Return," is a simplified tax form used by individuals with less complex tax situations. While it was available for use in previous years, it has been discontinued and is no longer available for the current tax year (2021).
For many taxpayers who used to file the Form 1040A, they now need to use either the Form 1040 or the Form 1040EZ, depending on their tax circumstances. The IRS made this change to simplify and streamline the tax filing process.
Filling out the IRS Form 1040A in the past was popular among taxpayers who met certain criteria, such as having taxable income less than $100,000, claiming the standard deduction, and not having significant investment income. However, due to its discontinuation, taxpayers must now use the appropriate alternative forms.
When this form was available, it is estimated that millions of individuals filled out Form 1040A each year. However, it's important to note that the IRS does not provide specific data on the number of people who fill out a particular tax form annually.
To obtain the most up-to-date and accurate information regarding tax forms and filing requirements, it is recommended to visit the official IRS website or consult a tax professional who can provide guidance tailored to an individual's specific tax situation.