Recently, the IRS disclosed that they were working on shortening the 2019 tax season.
This streamlined form would be not only shorter, but simpler as well.
This form would condense the following 3 forms into one: 1040, 1040A and 1040EZ.
The IRS will be working with the tax community over the summer to ease the transition to the simplistic form. Tax professionals within the community can review a copy of the form and are encouraged to submit comments to WI.1040.Comments@IRS.gov.
If you have taxation questions, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.