Simplified IRS Form 1040SR to be available for 2019 taxes.

You must be 65 or older by the end of the tax year for which you will be filing to use this form, but there is no requirement to be retired. Social Security benefits, and distributions from qualified retirement plans, annuities or similar deferred-payment arrangements may be reported using the 1040SR. You may also include unlimited interest and dividends, as well as capital gains and losses.

If you use this form, you must take the standard deduction. Because those 65 and older are allowed an additional $1,300, the standard deduction would be $13,300. For a married couple, the amount depends on their individual ages. If one is 65 or older, the deduction will be $25,300. If both are 65 or older, it will be $26,600.

For more information on the 1040SR, check out this article.