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@sjrcpa wrote:
Rick have you looked at Page 1 of the new 1040?
I looked back in August after the first draft was released and started modifying my recap spreadsheet for 2022. I think I ran into CTC and had to stop there pending some resolution to the various bills floating around Congress extending the $3,000/$3,600 (none of which have passed yet to my knowledge). I have a big CPE in two weeks to see what I missed and maybe try to at least get an idea of how much I'm going to hate dealing with all of the credit nonsense from the IRA. Or, more likely, add "you think you should get some sort of energy credit this year" to the list of criteria for clients who get fired. 🙂
Oddly enough, I actually like all of the details for wages. Seems a bit more professional than the old method of "scribble some cryptic codes in the margin."
In a perfect world, this will help the IRS computers match things better. <He says while trying to keep a straight face...>