Tax 1040 instructions for senior deduction

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Form 1040-SR Department of the Treasury—Internal Revenue Service. U.S. Tax Return for Seniors. 2020 OMB No. 1545-0074. IRS Use Only—Do not write or staple Most importantly, a higher standard deduction is available to seniors who do not itemize. · Taxpayers who were at least age 65 by the end of 2020 can add at Information about Form 1040-SR, U.S. Tax Return for Seniors, including recent updates, related forms and instructions on how to file. Form 1040-SR is Form 1040-SR Department of the Treasury—Internal Revenue Service Standard deduction or itemized deductions (from Schedule A).Deductible IRA contributions. Itemized Deductions or Standard Deduction The deadline to file your 2020 Form 1040 or 1040-SR and pay any tax due on