Remember those postcard-sized tax returns? They’re here. Sort of. They’re not exactly postcard-sized, but the new form 1040 is smaller than before. The Internal Revenue Service (IRS) has made the new ...
Here's a rundown of the new postcard-sized Form 1040 and why it may not be as simple as it seems. The IRS recently released a draft of its new Form 1040 that every American taxpayer will use to file ...
Taxpayers who file electronically may not notice the changes to the 2018 Form 1040 in their tax return preparation software. The Internal Revenue Services has worked with its partners in the tax ...
Everyone's getting a new experience this tax season. Thanks to tax reform, preparing your return involves a brand new set of forms, and for the first time, millions of taxpayers are having to use the ...
The IRS is cutting the 1040 form in half. Instead of filling two pages, the new version will take up about one, according to a draft released Friday. (The page is cut in half, and is double-sided.) ...
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 ...
Filling out tax forms may not be your idea of a great time. But if you want to learn how the new tax law will affect your personal finances, this year’s dreaded Form 1040 is a good place to start.
The Tax Cut and Jobs Act (TCJA) that took effect for the 2018 tax year was billed as both a cut in tax rates and a simplification of tax filings for millions of Americans. The new Form 1040 was to be ...
I know several CPAs who are closing in on retirement and they’re all saying the same thing: Thanks to the new tax laws that went into effect last year, the just-ended tax season was a doozy. Although ...
Learn the benefits of each different tax return form. With about a month left to get your taxes in, you need to know which form you'll need to file your return. Individuals can choose from three ...
Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. While the IRS Form 1040 for 2021 remains at 38 lines, changes have ...
The IRS recently released a draft of its new Form 1040 that every American taxpayer will use to file their 2018 tax returns early next year. And as expected, the new form is significantly different ...
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