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The easiest way to make additional ES payments is on line. I have personally used it and several of my clients have used it, too. It is easy to use and a confirmation will be sent to the client right away. Otherwise, it means calling the IRS, cancelling the next two payments and having the EFT reset, which sometimes takes 2 months and a possibility of missing the next payment.

The Age-Blindness section should go right on top of the chart. It makes no sense to separate it.

Nature abhors a vacuum, so that white space that still remains on the now 2/3 full page, will one day be filled up again.

I am so glad they brought back the" Date" by the preparers information.

A cynic would say those who work in the IRS forms division need work too, or their budget will die...

I do like the larger print on the SR.

Has anyone heard the news that form 1040 is undergoing another face lift? Here is the article highlighting the changes: https://www.forbes.com/sites/kellyphillipserb/2019/07/15/everything-old-is-new-again-as-irs-releases-form-1040-draft/#36f6b1f42f75

Great! I didn't even think to check for that. Such a simple thing that a lot of missed a great deal.

HRB has probably has the best training class, materials and methodology of any. It also has the highest standards as in CA they exceed the requirements for passing. They cover both the fed and state return. Classes start in Aug. and if you enroll in time, there is usually a discount. The fees, just as their prep fees, probably vary from area to area.

Most of your professional organizations have 1040 webinars &/or live courses. Check their websites for locations near you or webinars. (I'm assuming since you're asking this question that you don't have a good teacher on your staff.) If your staff is large enough, check on bringing in a teacher, perhaps basic 1040 for your newbies and 1040 update for all. Tailor it to fit your firm's needs.

Link to IRS for all draft forms: https://apps.irs.gov/app/picklist/list/draftTaxForms.html Great, let's waste more time and money on another redesign and programming at IRS and all the vendors. The 2019 1040 draft does allow seniors to file that form with notation for those checking age or blindness to see the instructions for the proper amount of standard deduction. The only difference between the 2019 1040 and the 1040-S (senior) is that the "S" form has a chart at the bottom of page 1 for those checking age/blindness boxes. I guess there were too many mistakes in the standard deduction in 2018 for those self-prepared returns.

I guess the 100 million that were filed this year was a Beta test. Now, they are coming around with the finished product. Th IRS went overboard with the simplification and now they have had to backtrack and make it easier to understand for the taxpayer. Definitely looks like an improvement, though

I was thinking last week, "If only they'd go back to the old Form 1040." Fingers crossed. I apologized to a client just a few minutes ago for the 2018 forms.

I had no idea we were going back to two 1040's. this time is called Senior 1040-S Didn't look to see who gets to file this form. Hopefully we can still file them all on the regular 1040. I didn't use 1040A or 1040EZ.

The IRS treats each year separately, and they're underfunded and understaffed right now. The shutdown plus the new tax law with a 1040 redesign, have put them in a serious bind.

If you're at all suspicious about his "tossed" 1099s, then make sure you keep/scan/whatever mode his P&L or his written/emailed statement of income received so you have documentation that he told you his revenues were $ X, just in case he gets that CP2000 a couple years from now. If he's sitting at your desk and saying his income was $ X, hand him paper and pen to write it down "for your file."

I don't think the IRS will be a problem. The first year that penlties were applied for non-filing was 2015, so I think 2014 would have had to been filed in order to flag 2015. A larger problem, but not yours, is that your client didn't file an annual report(s) with the SOS, which is required to keep it in good standing. The SOS maintans an on-line list with each corporation's status. If the corp is not in good standing, the bank might deny the loan and/or put more honerous conditions on the loan. Ir is also possible that the corp has ben suspended. Suspended corp contracts are null and void.

Do not amend. You will be filing a zero change in tax and the IRs has a good chance of screwing it up as it is not a tax issue, but a SS earnings isuue. Wait a year until your clients earnings are posted to the SS files. Then, there is a procedure on the SS website for correcting them. PDF] Request For Correction of Earnings Record - Social Security https://www.ssa.gov/forms/ssa-7008.pdf SOCIAL SECURITY ADMINISTRATION ... If you disagree with wages reported to your earnings record, complete Item 7. ... If you do not have self-employment income that is incorrect go on to item 10 for any remarks, and then complete Item 11