top of page

Publications 

2019 Changes to Form 1040, Associated Schedules and New Form 1040SR
September 5, 2019

 

Form 1040

 

  • Moved total from Schedule D (Capital Gain/Loss) from Schedule 1 to Form 1040, page 1

  • Split IRAs and pensions/annuities into two lines – one for IRA distributions and one for pensions and annuities

  • Removed checkbox for health insurance coverage

  • Moved signature area to bottom of page 2

  • Returned foreign address and third party designee to Form 1040 address area (was on Schedule 6)

  • Added line for total additional income from Schedule 1

  • Added line for total adjustments to income from Schedule 1

  • Form 1040 will now print as two pages since the changes that were made takes up more than one half of each page

Schedule 1

  • Renumbered all lines

  • Removed line for total from Schedule D and moved it Form 1040, page 1

  • Added line for entering the original divorce or separation agreement date for alimony paid

Schedule 2

  • Renumbered all lines

  • Includes all other taxes

    •  Part I – Alternative minimum tax and Excess Advance Premium Tax Credit repayment

    • Part II – Other taxes such as SE Tax and Additional Tax on IRAs that were on Schedule 4

Schedule 3

  • Renumbered all lines

  • Has two parts

    • Nonrefundable credits

    • Other payments and refundable credits that were on Schedule 5

New Form 1040SR
This form was mandated by the Tax Cuts and Jobs Act. Here are highlights of this form:

  • For taxpayers 65 or older

  • Has larger font sizes and removed shading around some boxes to improve the readability for taxpayers with declining vision

  • Includes a Standard Deduction table at the bottom of page 1

  • This new form will share the instructions for Form 1040

The addition of this form and the changes to make it easier to read was put in place for those taxpayers who still complete their returns by hand. For those who use tax software to complete their return it will only affect the version of the Form 1040 that will be printed from the program.

Millions more ITINs set to expire in 2019; IRS says renew early to prevent refund delays
 June 19, 2019

 

WASHINGTON — Nearly 2 million Individual Taxpayer Identification Numbers (ITINs) are set to expire at the end of 2019 as the Internal Revenue Service continues to urge affected taxpayers to submit their renewal applications early to avoid refund delays next year.

“We urge taxpayers with expiring ITINs to take action and renew the number as soon as possible. Renewing before the end of the year will avoid unnecessary delays related to their refunds,” said IRS Commissioner Chuck Rettig. “To help with this process, the IRS is sharing this material in multiple languages. We encourage partner groups to share this important information to reach as many people with ITINs as possible.”  

Under the Protecting Americans from Tax Hikes (PATH) Act, ITINs that have not been used on a federal tax return at least once in the last three consecutive years will expire Dec. 31, 2019. In addition, ITINs with middle digits 83, 84, 85, 86 or 87 that have not already been renewed will also expire at the end of the year. These affected taxpayers who expect to file a tax return in 2020 must submit a renewal application as soon as possible.

Tax Preparer Security Awareness
June 19, 2019
​

Although the main part of the 2019 filing season has passed it is a good time to remind tax preparers of their obligation to protect the sensitive tax and financial data of their clients. Now is the time to make sure that you as a preparer take the necessary steps to protect your computer system and to make yourself aware of how to protect against email phishing scams and the signs that data theft may have occurred. Cybercriminals are active year-round in sending out phishing emails that are designed to trick preparers into taking action (such as clicking on a link or opening an attachment) that may allow them access to your computer system.

The following is information that the IRS has posted to their website in their continuing efforts to help preparers educate themselves on their security obligations and to protect themselves from the efforts of cybercriminals to steal their client’s information by gaining access to their computer systems:

bottom of page