The Draft 1040
Adjusted for the Tax Law Changes
 
In 2017, Congress passed the largest piece of tax reform legislation in over three decades.  To conform to the changes that need to be implemented due to this new Tax Cuts and Jobs Act, the IRS released over 50 drafts or revised forms and schedules on its website in June. The most anticipated one was the 1040, U.S. Individual Income Tax Return form. As promised, the “postcard” size was achieved...