H.R. 1058 · 112th Congress

Seniors' Tax Simplification Act of 2011

Stage
In committee
Introduced
2011-03-14
Latest action
2011-03-14 · Introduced in House

Summary

Seniors' Tax Simplification Act of 2011 - Directs the Secretary of the Treasury to make available a new federal income tax Form 1040SR (similar to Form 1040EZ) to individuals who have turned 65 as of the close of the taxable year. Allows the form to be used even if income includes: (1) social security benefits; (2) distributions from qualified retirement plans, annuities, or other such deferred payment arrangements; (3) interest and dividends; or (4) capital gains and losses.