Let’s say you qualify to use the 1040 EZ income tax form and you think it just might be the easiest way to go. What you may not know is that the 1040 form may have better benefits for you. For example, you may be able to claim head of household filing status which usually gives you a lower tax than filing single.

Here’s another thought on which form to use. If you happen to itemize deductions then, you can only use form 1040 and will be unable to use form 1040EZ. What you will have to do is look at the standard deduction for your life situation and compare that to all of your deductions to see which one will be bigger.