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The New 1040 Will Fit On A (Big) Postcard, But It Won't Make Tax Filing Any Simpler

Source: forbes.com - Jan 25, 2019

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 helped them achieve their long-standing goal of fitting the IRS Form 1040 on to a postcard.

At least they did if your idea of a postcard is a two-sided 5x7.5 inch piece of paper. And if you are willing to ignore the additional six schedules that IRS form writers had to invent to squeeze the 2018 Form 1040 on to that oversized postcard.

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Category: General Business