Sandy and alex are married, with no dependents. they wish to file a joint tax return. both of them work, but their combined salaries only put them at a slightly above-average income. they would also like to deduct interest paid on their student loans. recommend an appropriate 1040 form for sandy and alex to fill out.
a.
1040
b.
1040-ez
c.
1040-2
d.
1040-a

correct answer is D. just took the test

A) 1040

Explanation:

The IRS has eliminated the Form 1040-A and the Form 1040-EZ, and replaced it with just the Form 1040 and if necessary the Form 1040 Schedules.  

In this case since Sandy and Alex don't have any children, and probably don't have either capital gains, foreign investments, won the lottery, or other income, they will probably need to file only the Form 1040.

Deductions for interest paid on students loans are included in the Form 1040.

answer; balance sheets;

riley- $3

sean- $4

jake- $8

riley has the absolute advantage.