[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4109 Referred in Senate (RFS)]

  2d Session
                                H. R. 4109


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                   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.