H.R. 2721House115th Congress (2017-2019)In Committee

Seniors' Tax Simplification Act of 2017

AI-Generated Summary

Updated April 15, 2026 at 4:01 PM UTC

The Seniors' Tax Simplification Act of 2017 would let people who are 65 or older file their federal income tax using a new, simpler form called Form 1040SR. The form is meant to work like the old 1040EZ but is available to seniors regardless of how much they earn or what types of income they receive.

Key Provisions

The Treasury must create and make available a Form 1040SR for individuals who are at least 65 years old at the end of the tax year.
The form can be used even if the taxpayer’s income includes Social Security benefits, retirement‑plan distributions, annuities, interest, dividends, or capital gains and losses.
There is no limit on the amount of taxable income a senior can have to use the form; it is available to all seniors regardless of income level.
Form 1040SR must be ready for use for tax years that begin after the law is enacted.

Legislative Activity

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1 earlier action

HouseIntro Referral Latest Action

Referred to the House Committee on Ways and Means.

Ways and Means Committee

May 25, 2017

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HouseIntro Referral

Introduced in House

May 25, 2017

HouseIntro Referral

Referred to the House Committee on Ways and Means.

Ways and Means Committee

May 25, 2017

Bill Text

Latest available legislative text

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Introduced in HouseIssued May 25, 2017

115th CONGRESS

1st Session

H. R. 2721

IN THE HOUSE OF REPRESENTATIVES

May 25, 2017

Mr. Posey (for himself, Mr. Webster of Florida, Mr. Moolenaar, Mr. Rodney Davis of Illinois, Mr. Gohmert, Mr. Calvert, Mr. Delaney, and Mr. Sherman) introduced the following bill; which was referred to the Committee on Ways and Means

A BILL

To allow seniors to file their Federal income tax on a new Form 1040SR.

Short title

This Act may be cited as the Seniors’ Tax Simplification Act of 2017.

Form 1040SR 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 1040SR, 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) of such Code); 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 the date of the enactment of this Act.