makbo wrote:The folks who legislated it, maybe?
Treasury, IRS Announce Development of Postcard-Size Form 1040 for 2019
June 29, 2018
Washington— Delivering on the promise to simplify taxes for the American people, the U.S. Department of the Treasury and the Internal Revenue Service (IRS) today announced that Americans will be able to fill out their individual income tax returns on a single postcard-size form for the 2019 tax season.
The 2018 IRS Form 1040 will replace the current Form 1040, as well as the Form 1040A and the Form 1040EZ. The IRS circulated a copy of the new form and will work with the tax community to finalize the streamlined Form 1040 over the summer.
“As part of the historic Tax Cuts and Jobs Act, this Administration committed to making taxes simple and fair for American families. We are delivering on this promise,” said Secretary Steven T. Mnuchin. “The new, postcard-size Form1040 is designed to simplify and expedite filing tax returns, providing much-needed relief to hardworking taxpayers.”
This simplified Form 1040 will streamline tax returns so that all 150 million taxpayers can use the same form. The new form consolidates the three versions of the 1040 into one simple form. The IRS will still obtain the information from each taxpayer needed to determine their tax liability or refund.
philly wrote:Does anyone like the new redesigned 1040 ?
makbo wrote:[ . . . ] And for pros, anyone really know how many clients actually look at the 1040, let alone other schedules/forms, unless you sit them down and make them?
Harry Boscoe wrote:[ . . . ] I also use a slightly dull number two pencil to prepare my returns. In flagrant disregard, likely, of any IRS instructions to use a black or blue ball-point pen, right? And then I sign and submit a *photocopy* of the pencil originals. No complaints yet, and I've been doin' it this way for years and years.
philly wrote:Does anyone like the new redesigned 1040 ?
Michaelstar wrote:gave the directions to a programmer~
Michaelstar wrote:total waste of time and effort on who's ever dumb idea that was.
Michaelstar wrote:To take two pages and make it into seven pages - total waste of time and effort on who's ever dumb idea that was.
But let me guess - they probably never prepared a single tax return in their life and gave the directions to a programmer~
Michaelstar wrote:It is that kind of programmers mentality - change it even if it's not broke / just to get a different look - that seems to be behind the thought process in changing the previous page 1 & 2 of the 1040 as I see it.
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