Tax Form Changes
Form 1040 has been updated:
- New Form 1099-NEC, Nonemployee Compensation, The PATH Act accelerated the due date for submission of Forms 1099 that include nonemployee compensation (NEC). To alleviate taxpayer burden and eliminate confusion regarding due dates, new Form 1099-NEC was created. As a result, nonemployee compensation (formerly Box 7) has been deleted from Form 1099-MISC and will now be reported on the new Form 1099-NEC. The remaining boxes have been renumbered and repositioned accordingly.
- New Form 7202, Credits for Sick Leave and Family Leave for Certain Self-Employed Individuals, can be used by certain self-employed individuals to claim refundable credits for sick and family leave needed as a result of the coronavirus.
- New Form 1040 SCH LEP, Request for Alternative Language Products by Taxpayers With Limited English Proficiency (LEP), can be used by taxpayers to state a preference to receive written communication from the IRS in a language other than English. Schedule LEP is not mandatory, but may be attached to Form 1040, Form 1040-SR, Form 1040-NR, Form 1040-PR, or Form 1040-SS.
- New Form 9000, Request for Alternative Format or Language, can be used by taxpayers with disabilities to elect to receive notices from the IRS in an accessible format and, when available, in a language other than English. Attach Form 9000 to Form 1040, Form 1040-SR, Form 1040-NR, Form 1040-PR, or Form 1040-SS.
- New Form 1040 (SP), Declaracion de Impuestos de los Estados Unidos Sobre los Ingresos Personales, a Spanish translation of Form 1040, will be available for tax year 2020. The following will also be translated to Spanish for tax year 2020: Form 1040-SR, Instructions for Form 1040 and Form 1040-SR, Schedules 1, 2 and 3 of Form 1040, Schedule LEP, Form 9000, Schedule 8812 and Instructions, Schedule EIC, Publication 972, and Form 1040-X and Instructions.
- Form 1040, U.S. Individual Income Tax Return, has additional lines to accommodate charitable contributions, federal income tax withholding from Form W-2, Form 1099, and other forms, and the recovery rebate credit.
- Form 1040-SR, U.S. Tax Return for Seniors, is expanded to four pages to accommodate necessary new lines and maintain the increased font size and vertical entry spacing that makes the 1040-SR easier to read. The Standard Deduction Chart is moved to page 4 of the form.
- Form 1040, Schedule SE, Self-Employment Tax will no longer contain the “short” version (Section A). All filers of Schedule SE will use the method of calculating self-employment tax found in Section B. As a result, Schedule SE will also no longer allow joint return filers to use a single Schedule SE (one using Section A and one using Section B). Each taxpayer with taxable net self-employment earnings will use a separate Schedule SE.
- Form 1040-NR, U.S. Nonresident Alien Income Tax Return, is being restructured to look like the redesigned Form 1040. This redesigned form will use Schedules 1, 2 and 3 (Form 1040). Schedule A, Itemized Deductions, Schedule NEC, Tax on Income Not Effectively Connected With a U.S. Trade or Business, and Schedule OI, Other Information, had been pages 3, 4, and 5 of the 2019 Form 1040-NR.
- Form 1040-NR-EZ, U.S. Income Tax Return for Certain Nonresident Aliens With No Dependents, is obsolete.
- Form 1040-X, Amended U.S Individual Income Tax Return, may be filed electronically. At this time, only tax year 2019 Forms 1040 and 1040-SR returns can be amended electronically. Taxpayers will still have the option to submit a paper version of Form 1040-X and should follow the instructions for preparing and submitting the paper form. Additional enhancements are planned for the future.