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The Drafts

The IRS recently posted drafts for Form 1040 and the tax return for senior citizens (Form 1040-SR) for the next tax season.

The once postcard-sized Form 1040 is now almost a full-page, since the income reconciliation schedule return to the first page.

Additionally, Form 1040 has a few more cosmetic changes. Some signature boxes moved, there are a few new tax credits, and some other items moved position.

Form 1040-SR has larger font sizes and less shading around boxed areas to aid those who may be visually impaired.

Form 1040-SR


Kelly Phillips Erb discussed the changes to Form 1040 in-depth.

Furthermore, learn more about 1040-SR from Michael Cohn.

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