2007-09-25 11:47:19 · 3 answers · asked by CantBClever 2 in Business & Finance ➔ Taxes ➔ United States
1040 ez has nothing to do with your credit cards, it's just a simplified form for people with no deductions (ie. mortgage interest, children, etc.) Also, your taxible interest from savings accounts must be less than $1500 annually.
2007-09-25 12:30:12 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Yes, as long as you meet all the requirements for filing on a 1040EZ. If your interest from the bank accounts totals under $1500 for the year, you can show it on a 1040EZ. Having credit cards doesn't affect your tax return so that part doesn't matter - credit card interest isn't deductible on any form.
2007-09-25 18:56:47 · answer #2 · answered by Judy 7 · 0⤊ 0⤋
The number of credit cards has nothing to do with the 1040EZ. The number of banks doesn't matter either, but if you have interest income larger than $400 or income more than $50000 then you can't.
2007-09-25 18:56:39 · answer #3 · answered by stlouiscurt 6 · 0⤊ 0⤋