Estimated reading time: 0 minutes, 23 seconds

IRS Cutting Form 1040 by Half

Friday, Jun 29 2018
Tax
Written by 

irsThe Internal Revenue Service is creating a shorter Form 1040 for the 2019 tax season. The agency said this week the will be about half the size of the current version and will replace Forms 1040, 1040A and 1040EZ.

All individual taxpayers will be able to use the same form, described as using a “building block” approach and which can be supplemented with additional schedules if needed. Taxpayers with straightforward tax situations will not need additional schedules, the IRS said.

Read 5731 times
Rate this item
(0 votes)
More in this category: « Liberty Tax Gets Nasdaq Stay Navigating the IRS's New Guidelines on Cryptocurrency Transactions »

Latest from The Progressive Accountant

Visit other PMG Sites:
Template Settings
Theme

Color

For each color, the params below will give default values
Tomato Green Blue Cyan Dark_Red Dark_Blue

Body

Background Color
Link Color
Text Color

Header

Background Color
Background Image
pattern1 pattern2 pattern3 pattern4 pattern5

Footer

Background Color
Background Image
pattern1 pattern2 pattern3 pattern4 pattern5
Layout
Select layout
Menu
Select menu
Typography
Google Font
Body Font-size
Body Font-family
Direction
Reset
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline