September 27, 2018
IRS TFOP Alert 09-27-2018: Major Changes to Tax Forms
Changes to Forms 1040 and 1040 A, U.S. Individual Income Tax Returns, and Form 1040 EZ, Income Tax Return for Single and Joint Filers with No Dependents
Following the most expansive tax law changes in 30 years, the IRS created a shorter, simpler Form 1040 for the 2019 tax season. The new Form 1040 will replace the current Form 1040 as well as the Form 1040A and the Form 1040EZ.
The new Form 1040 uses a "building block" approach, in which the tax return is reduced to a simple form. That form can be supplemented with additional schedules if needed. Taxpayers with straightforward tax situations would only need to file this new 1040 with no additional schedules.
We will distribute the Form 1040 and Schedules 1-6 as Package 1040. The Package 1040 will include one copy of the new Form 1040 along with one copy of the schedules. The Instructions for Form 1040 will be a separate product.
Package 1040 Contents
|• Form 1040 — U.S. Individual Income Tax Return
• Schedule 1 — Additional Income & Adjustments to Income
• Schedule 2 — Tax (Additional Taxes)
• Schedule 3 — Non-Refundable Credits
|• Schedule 4 — Other Taxes
• Schedule 5 — Other Payments and Refundable Credits
• Schedule 6 — Foreign Address and Third-Party Designee
We will email you Form 8635, Order Form for Tax Forms Outlet Program (TFOP) Partners, in October to order the Package 1040, Instructions 1040 and reference publications. We will include a suggested order quantity for each item based on your historical usage. However, you may adjust your order to meet your clients' needs. We will include an estimated carton count to help you order a quantity you are able to receive and store.
Note: We will ship orders of Package 1040 or Instructions 1040 that are over 24 cartons shrink-wrapped on a pallet.
No longer want to participate in the TFOP?
Send an email to WI.TFOP.Administrator@irs.gov. Please include the TFOP account number associated with the location and a statement to remove the location’s account from the program.