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Everything Old Is New Again As IRS Releases Form 1040 Draft

Everything Old Is New Again As IRS Releases Form 1040 Draft

Just six (or so) months after the Internal Revenue Service (IRS) released the much talked about – and maligned – form 1040 for the 2018 tax year, there’s a new draft in town. Here’s a quick peek at the latest version, intended for the 2019 tax year.

Still determined to inspire tax professionals to kick their copy machines, the first page of the form 1040 doesn’t fill the page. Instead, as last time, it takes up just 2/3 of the page. It just feels like a Congressional compromise: still bigger than the promised postcard, but smaller than a standard size piece of paper…