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Question
craig is single and lives alone. he earns a respectable salary, but the bulk of his income comes from his property holdings and stock market investments. craig is well versed in tax law and has many deductions to claim, hoping to pay the smallest amount possible. recommend the appropriate 1040 form for craig.
a. 1040-ez
b. 1040-plus
c. 1040
d. 1040-a
please select the best answer from the choices provided
a b c d
Craig has multiple deductions and investment income, so he needs the standard 1040 form (not the simplified EZ or other variants) to report complex income and claim deductions. The 1040 form is used for taxpayers with more detailed tax situations, including investments and deductions.
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c. 1040