Statewide Iowa — The Internal Revenue Service is offering a new income tax form specifically for senior citizens, which could become popular in Iowa, as we have a greater percentage of older residents than almost every other state.
Norman Penix, a spokesman for the AARP Tax Aid Foundation, says the new 1040 S-R form is identical to the traditional 1040 form, with just one exception.
The SR, or senior, form is brand new for this tax season and the tax preparer had to give it a close inspection to see if anything else had changed, besides the font size.
According to the IRS, you can use the 1040-SR form if you or your spouse were born before January 2nd, 1955. While AARP initially made a name for itself as being specifically for retired persons, Penix says they offer tax preparation help to a wide range of people, not just seniors.
Iowans can enter their ZIP code on the website, www.aarp.org/money/taxes, to find the nearest tax preparation site.
Photo from KIWA Image Archive
