simplified tax form: IRS Unveils the New Simplified "Postcard" 1040
- 01/03/19 12:31 PM
The King is Dead! Long Live the King! Out with the old and in with the new. Old reliable Form 1040 has gone through an overhaul. Farewll to the long-form, short-form and EZ form. We have now a "postcard" sized tax return. It is two half pages, which can be supplemented by additional schedules if the taxpayer's situation is more complicated. For example, if you have a sole proprietorship (Schedule C) than you have to fill out Schedule C (as normal) which flows to Schedule 1 and then finally ends up on page 2 of Form 1040. Initial Thoughts Form over function. The new 1040 pushes … (0 comments)
The King is Dead! Long Live the King!
;)
;)
