Never mind.
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Last edited by FEDUKE404; 08-23-2020, 12:29 PM. -
Political Gimmick IMHO!
They call it postcard sized return it is really 2 half pages. So now if IRS puts page 1 and page 2 (front and back) on a single 8.5 x 11 sheet how is that any better than before?Taxes after all are the dues that we pay for the privileges of membership in an organized society. - FDR -
They must have changed the website since you looked. 1040 still says coming soon, but the Schedules 1-6 are there.
If the one on Treasury site is the latest draft, they shrunk the dependents from 4 lines to 2.Comment
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If they don't finalize new form until late summer, that doesn't give states much time to redesign their forms and reprogram computers is necessary.Comment
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Looks like next year is shaping up to be the biggest extension year ever. Wonder if some states (and maybe even IRS), will just automatically extend all the filing dates. It would save them the hassle of a blizzard of extension requests."The only function of economic forecasting is to make astrology look respectful" - John Kenneth GalbraithComment
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Since there is not a place to put SSN for someone using a kid to file HOH and not claiming kid as dependent, I'm assuming kid would be entered on dependent line and not checking credit boxes.
I have doubts this will be programmed correctly to not generate reject codes.Comment
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With so much white space left why did they reduce the # of lines for dependents? I quickly looked at a sample of 1040 forms that I filed this year with kids and I have at least 3 in most of the returns. I have a bunch that require the extra page for dependents.Originally posted by FEDUKE404Taxes after all are the dues that we pay for the privileges of membership in an organized society. - FDRComment
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The first version of the draft still had 4 lines, along with a box to check if there were more.
Seems to me like they are doing everything they can to make it harder for taxpayers to self prepare without the aid of software.Comment
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