[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4109 Referred in Senate (RFS)]
2d Session
H. R. 4109
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
June 3, 2004
Received; read twice and referred to the Committee on Finance
_______________________________________________________________________
AN ACT
To allow seniors to file their Federal income tax on a new Form 1040S.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Simple Tax for Seniors Act of
2004''.
SEC. 2. FORM 1040S FOR SENIORS.
(a) In General.--The Secretary of the Treasury (or the Secretary's
delegate) shall make available a form, to be known as ``Form 1040S'',
for use by individuals to file the return of tax imposed by chapter 1
of the Internal Revenue Code of 1986. Such form shall be as similar as
practicable to Form 1040EZ, except that--
(1) the form shall be available to individuals who have
attained age 65 as of the close of the taxable year,
(2) the form may be used even if income for the taxable
year includes--
(A) social security benefits (as defined in section
86(d) of the Internal Revenue Code of 1986),
(B) distributions from qualified retirement plans
(as defined in section 4974(c) of such Code), annuities
or other such deferred payment arrangements,
(C) interest and dividends, or
(D) capital gains and losses taken into account in
determining adjusted net capital gain (as defined in
section 1(h)(3)), and
(3) the form shall be available without regard to the
amount of any item of taxable income or the total amount of
taxable income for the taxable year.
(b) Effective Date.--The form required by subsection (a) shall be
made available for taxable years beginning after December 31, 2004.
Passed the House of Representatives June 2, 2004.
Attest:
JEFF TRANDAHL,
Clerk.