A new tax form targets a specific audience. One of the biggest changes that taxpayers faced last year as a result of tax reform was a new 1040 tax form. The IRS eliminated the popular 1040-EZ and ...
With the new tax filing season just months away, the Internal Revenue Service (IRS) has released the second draft of federal form 1040-SR, U.S. Tax Return for Seniors. The form, with larger print and ...
Kelly Phillips Erb is a Forbes senior writer who covers tax. Days after the Internal Revenue Service (IRS) released two new pieces of guidance for taxpayers who engage in transactions involving ...
The IRS has released the new-and-improved Form 1040 for your 2018 individual federal income tax return. The good news is the return is now postcard-sized if your tax situation is super-simple. The bad ...
More complicated tax returns will include schedules. The 2017 Tax Cuts and Jobs Act brought a lot of changes to the U.S. tax system. One big change is the new Form 1040, which is now more streamlined.
Taxpayers will be in for a surprise when they file their 2018 federal income tax returns next year as the Internal Revenue Service recently announced plans to streamline the Form 1040 into a shorter, ...
In 2019, taxpayers who engaged in a transaction involving virtual currency will need to file Schedule 1, Additional Income and Adjustments to Income. Schedule 1 of the 2019 1040 Form presents the ...
I know it’s not tax time just yet, but I’m excited: The new, redesigned 2018 Form 1040 is out. If you haven’t seen it yet, go to IRS.gov and search for Form ...
Last year, when you filed your taxes, you had a choice of several different 1040 forms. If you had a fairly simple tax return, chances are good you probably chose Form 1040EZ rather than the full 1040 ...
A new tax form could make filing returns easier on the eyes of older people. The two-page form, known as 1040-SR, uses a bigger font than the standard 1040 form, has more spacing and is better at ...