Just-Lisa-Now-
Level 15
Level 15
‎12-06-2019 04:39 PM

Still a bunch of worksheets behind the postcard.

https://www.nytimes.com/2018/06/25/your-money/1040-income-tax-postcard.html


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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abctax55
Level 15
‎12-06-2019 04:39 PM

Supposedly, the USPO is soon to announce that there's a "new & improved" postcard that's 8 1/2" by 11" :wink:

HumanKind... Be Both

View solution in original post

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TaxGuyBill
Level 15
‎12-06-2019 04:39 PM

According to the pictures, they are not "worksheets", they are "Schedules", which would be filed with the tax return.

That means the previous 2 page tax form is now up to 7 pages long.  Nice simplification.   :smiley:

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IRonMaN
Level 15
‎12-06-2019 04:39 PM
Technically, I think it would be  7 postcards :stuck_out_tongue_winking_eye::stuck_out_tongue_winking_eye:

Slava Ukraini!
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TaxGuyBill
Level 15
‎12-06-2019 04:39 PM
I just caught that to meet the 'postcard' concept, they call it a "double sided half page", rather than just calling it one page.  
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IRonMaN
Level 15
‎12-06-2019 04:40 PM
I think the whole purpose of the postcard return is to make it simpler for presidential candidates to provide their tax returns to the public :smile::smile:

Slava Ukraini!
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abctax55
Level 15
‎12-06-2019 04:40 PM

How are we going to charge our exorbitant fees to e-file *just* a postcard :smiling_imp: 

HumanKind... Be Both
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IRonMaN
Level 15
‎12-06-2019 04:40 PM
But it's a bigly postcard :wink::wink:

Slava Ukraini!
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Just-Lisa-Now-
Level 15
Level 15
‎12-06-2019 04:40 PM
We still have to print it out on a full size piece of paper  LOL  So silly!

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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Hillenburg
Level 4
‎12-06-2019 04:40 PM
Fast path postcard fee.
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IRonMaN
Level 15
‎12-06-2019 04:40 PM

It looks like there should be a sticker on it someplace saying "some assembly required".


Slava Ukraini!
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abctax55
Level 15
‎12-06-2019 04:40 PM
So you're saying we need to add a billing line for "assembly"?
HumanKind... Be Both
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IRonMaN
Level 15
‎12-06-2019 04:40 PM
Works for me.  
For most of my clients, if the form consisted of a postcard with only one line on it saying "sign here"  they would still want me to prepare the return for them.

Slava Ukraini!
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abctax55
Level 15
‎12-06-2019 04:40 PM
Many of mine, too.
Plus, CA isn't likely to conform anytime soon.
HumanKind... Be Both
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Just-Lisa-Now-
Level 15
Level 15
‎12-06-2019 04:40 PM

Is there still going to be a 1040EZ (for returns that COULD be done on a postcard!), or is this taking the place of all the types of 1040s?


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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IRonMaN
Level 15
‎12-06-2019 04:40 PM
The 1040 was going to be a postcard, so maybe the 1040EZ is going to be postage stamp :joy::joy:

Slava Ukraini!
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itonewbie
Level 15
‎12-06-2019 04:40 PM
The news report says there will only be one version going forward, if that turns out to be true, that is.
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Still an AllStar
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IRonMaN
Level 15
‎12-06-2019 04:40 PM
Did you get that from fake news or the real news :wink::wink:

Slava Ukraini!
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itonewbie
Level 15
‎12-06-2019 04:40 PM
NYT says "A person with knowledge of the new form said on Monday that it was meant to replace not just the 1040, but the 1040A (the “short form”) and the 1040EZ (for filers without any dependents)."

But then again, according to Trump, NYT is a fake news outlet.
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