Seniors Tax Simplification Act of 2015
Bill Summary
This bill would create one simple form, the 1040SR, for seniors who may receive the majority of their income through social security benefits. Under current law, seniors who collect Social Security aren’t able to file a 1040EZ and are forced to file more complicated tax forms – even though their finances are often simple.
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Opponents say
We still need broad tax reform that benefits all Americans, and this bill does not go far enough.
Proponents say
“Government should be in the businesses of helping people, not making their lives harder,” Rep. Graham said. “The Seniors Tax Simplification Act is a common sense idea that will make it easier for seniors to file their taxes. “