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 ...

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 ...

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 ...

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 ...

Thanks to the 2018 Bipartisan Budget Act, the landscape has once again been altered. Draft versions of tax forms for the 2019 tax year were released in July 2019. In addition to a slightly longer Form ...

Forbes contributors publish independent expert analyses and insights. Bruce makes the law and tax code understandable to everyone. Ready or not, tax return reporting has changed yet again for the 2020 ...

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 ...