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 ...

Everyone's getting a new experience this tax season. Thanks to tax reform, preparing your return involves a brand new set of forms, and for the first time, millions of taxpayers are having to use the ...

As a new 1040 form tailored to seniors makes its debut, the regular 1040 is getting remodeled for 2019. After the 1040's major overhaul last year to take into account tax reform, some taxpayers told ...

Kelly Phillips Erb is a Forbes senior writer who covers tax. Days after the Internal Revenue Service (IRS) released two new pieces of guidance for taxpayers who engage in transactions involving ...

The IRS has released the new-and-improved Form 1040 for your 2018 individual federal income tax return. The good news is the return is now postcard-sized if your tax situation is super-simple. The bad ...

With the new tax filing season just months away, the Internal Revenue Service (IRS) has released the second draft of federal form 1040-SR, U.S. Tax Return for Seniors. The form, with larger print and ...

More complicated tax returns will include schedules. The 2017 Tax Cuts and Jobs Act brought a lot of changes to the U.S. tax system. One big change is the new Form 1040, which is now more streamlined.

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 ...

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 ...

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 ...

The Form 1040, which most taxpayers use to file their income taxes, has been significantly condensed, but will it be a lot easier for taxpayers and preparers? Not necessarily. The new form, which 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 ...