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Take a moment to review what you have covered in this lesson:
- Form 1040EZ is used only to report income form wages, salaries, tips, qualified tuition program earnings, Alaska Permanent Fund dividends, taxable scholarships and fellowship grants, interest of $1,500 or less, and unemployment compensation
- Form 1040A can be used to report all Form 1040EZ items, plus income from interest, dividends, and capital gain distributions
- Form 1040A, Schedule 1, or Form 1040, Schedule B, is used to report
- Interest and/or dividend income over $1,500, and
- Interest from Series I and/or Series EE savings bonds issued after 1989 that is excluded from taxable income
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