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Posted

I had no idea we were going back to two 1040's.  this time is called Senior   1040-S  Didn't look to see who gets to file this form.  Hopefully we can still file them all on the regular 1040.  I didn't use 1040A or 1040EZ.

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Posted

I was thinking last week, "If only they'd go back to the old Form 1040."  Fingers crossed.  I apologized to a client just a few minutes ago for the 2018 forms.

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Posted

I guess the 100 million that were filed this year was a Beta test.  Now, they are coming around with the finished product.  Th IRS went overboard with the simplification and now they have had to backtrack and make it easier to understand for the taxpayer.  

Definitely looks like an improvement, though

  • Like 5
Posted

Link to IRS for all draft forms: https://apps.irs.gov/app/picklist/list/draftTaxForms.html

Great, let's waste more time and money on another redesign and programming at IRS and all the vendors. 😡

The 2019 1040 draft does allow seniors to file that form with  notation for those checking age or blindness to see the instructions for the proper amount of standard deduction.  The only difference between the 2019 1040 and the 1040-S (senior) is that the "S" form has a chart at the bottom of page 1 for those checking age/blindness boxes.  I guess there were too many mistakes in the standard deduction in 2018 for those self-prepared returns. 

  • Like 4
Posted
2 hours ago, grandmabee said:

I am so glad they brought back the" Date" by the preparers information.

Great! I didn't even think to check for that. Such a simple thing that a lot of missed a great deal.

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