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 ...

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 ...

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.

The Bipartisan Budget Act of 2018 introduced a new tax form for seniors effective for 2019 taxes. Known as the 1040-SR, this form is designed to make filing taxes easier for older Americans. "Form ...

Taxpayers will be in for a surprise when they file their 2018 federal income tax returns next year as the Internal Revenue Service recently announced plans to streamline the Form 1040 into a shorter, ...

When tax filing season begins in a few weeks, you’ll likely hear senior Trump Administration officials and some congressional Republicans boasting yet again about how the 2017 Tax Cuts and Jobs Act ...

I know it’s not tax time just yet, but I’m excited: The new, redesigned 2018 Form 1040 is out. If you haven’t seen it yet, go to IRS.gov and search for Form ...

WASHINGTON (WISH) — The U.S. Department of the Treasury and the Internal Revenue Service (IRS) on Friday announced that individual taxpayers will be able to file income tax returns on a single, ...

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 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 ...

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 ...

Last year, when you filed your taxes, you had a choice of several different 1040 forms. If you had a fairly simple tax return, chances are good you probably chose Form 1040EZ rather than the full 1040 ...