A new tax form targets a specific audience. One of the biggest changes that taxpayers faced last year as a result of tax reform was a new 1040 tax form. The IRS eliminated the popular 1040-EZ and ...

What’s the old saying? If you love something, throw it away and then reintroduce in another tax year? Or something like that? Just as the form 1040 appears to be making a return to a more ...

Add Yahoo as a preferred source to see more of our stories on Google. The Bipartisan Budget Act of 2018 introduced a new tax form for seniors effective for 2019 taxes. Known as the 1040-SR, this form ...

After the 2018 tax overhaul, the Treasury and the IRS released a “postcard” version of the individual income tax return. The agencies are now pitching a new draft of the Form 1040. They have also ...

If you're staring at your 1040 income tax form and feeling lost, you probably aren't alone. The 1040 tax form was overhauled and revamped in 2018, designed to be shorter and hopefully less confusing.

The Internal Revenue Service has posted a draft version of a new tax return for senior citizens, as well as a new draft version of the Form 1040 for 2019 that taxpayers and practitioners will be ...

Individual taxpayers will be able to use a postcard-sized form to file their returns for the 2019 tax season, CNBC reported. The form will replace the current 1040, 1040A and 1040 EZ forms, according ...

The new Form 1040-SR should allow seniors to file taxes without benefit of an accountant. A published draft of the new form has lines for specific retirement income streams, such as Social Security ...

Days after the Internal Revenue Service (IRS) released two new pieces of guidance for taxpayers who engage in transactions involving virtual currency, the IRS announced another compliance measure: a ...

In 2019, taxpayers who engaged in a transaction involving virtual currency will need to file Schedule 1, Additional Income and Adjustments to Income. Schedule 1 of the 2019 1040 Form presents the ...

One of the biggest changes that taxpayers faced last year as a result of tax reform was a new 1040 tax form. The IRS eliminated the popular 1040-EZ and 1040A short forms, requiring everyone to use the ...