The IRS has released final versions of the 2019 Form 1040, accompanying schedules, and Form 1040-SR.
Form 1040 was overhauled again for 2019 and is slightly longer than the 2018 version. Form 1040 itself has a more familiar look to it.
- Taxable income is calculated at the bottom of page 1 with credits, tax, and payments shown on page 2.
- Taxpayers and preparers will sign on page 2, instead of on page 1 as in 2018.
- Schedules 1-6 from 2018 have been reduced to three schedules for 2019: Additional Income and Adjustments to Income (Schedule 1), Additional Taxes (Schedule 2), and Additional Credits and Payments (Schedule 3).
Also, Form 1040-SR is a new option for taxpayers age 65 or older. It is similar to the old Form 1040-EZ, but without the income limitations.
Note the IRS has not yet released final instructions for these forms.