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Draft of new IRS 1040 tax form

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June 26, 2018, 04:19 PM
olfuzzy
Draft of new IRS 1040 tax form
Well......it is short. It still covers about everything I normally see on my 1040A. Now I'd like to see the tax tables.






http://www.dailymail.co.uk/new...s-size-not-work.html
June 26, 2018, 05:52 PM
architect
1. Write down how much you made.

2. Send it in.
June 26, 2018, 06:00 PM
P220 Smudge
Doesn't look much more involved than filling out a 4473. Imagine that?


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Endeavoring to master the subtle art of the grapefruit spoon.
June 26, 2018, 06:10 PM
vinnybass
Is there a new Schedule A?


"We're all travelers in this world. From the sweet grass to the packing house. Birth 'til death. We travel between the eternities."
June 26, 2018, 06:30 PM
olfuzzy
I was happy to see the "old folks" deduction still in there. I was afraid we old retirees on fixed incomes might take it in the shorts. It's not too much extra but every little bit helps.
June 26, 2018, 06:49 PM
WaterburyBob
quote:
Originally posted by architect:
1. Write down how much you made.

2. Send it in.
Only if you're a conservative ...


"If Gun Control worked, Chicago would look like Mayberry, not Thunderdome" - Cam Edwards
June 26, 2018, 07:01 PM
P-220
Our Accountant was very concerned we will not need her services next year, because it is suppose to be just that easy.


Niech Zyje P-220

Steve
June 26, 2018, 07:21 PM
Jimbo54
Wait a minute. I thought it was supposed to be the size of a postcard. Admittedly, I haven't bought a postcard in about 45 yrs. Smile

Jim


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"If you can't be a good example, then you'll have to be a horrible warning" -Catherine Aird
June 26, 2018, 08:03 PM
229DAK
According to the form, there appears to be Schedules 1-4 and A, at a minimum. The details will be in the schedules.

I bet tax software companies will be working overtime to program in new schedules and forms.

Postcard size? I don't know if my eyes can see text that small or if I can write that legibly/small in the blocks anymore.


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“A man’s treatment of a dog is no indication of the man’s nature, but his treatment of a cat is. It is the crucial test. None but the humane treat a cat well.”
-- Mark Twain, 1902