Tax Form and Publication Changes

• Form 1040, U.S. Individual Income Tax Return:
  • Line 12e - Updated standard deduction amounts.
  • Added line 12f for charitable contributions if taxpayer takes the standard deduction.
  • Line 13a is now for additional deductions from Schedule 1-A.
  • Line 13b is now for the qualified business income deduction from Forms 8995 and 8995-A.
  • Line 23 was updated to read "Additional taxes, including self-employment tax, from Schedule 2, line 21".
  • Line 24 is now line 24a. Line 24a is the total tax assessed on the form.
  • Line 28 - Deleted the check box on line 28. Electing not to receive the ACTC will now be done on the new Schedule 3-A.
  • Added new line 32b to enter the amount of the refunded portion of refundable credits from line 8 of the new Schedule 3-A.
  • Line 37 - Replacing the text “For details on how to pay, go to www.irs.gov/Payments or see instructions” with “(see www.irs.gov/ModernPayments).”
  • Conforming changes will be made to Forms 1040-SR and 1040 (sp).
  • Checkbox added for taxpayers whose filing status is MFS or HoH to check if they meet the requirements for the special rule for claiming the EIC.