Wednesday, January 19, 2011

What is new on the 1040 for 2010

Smart Money online lists the major changes on your 1040 this year:

Over the last few years, Congress has made tax-law changes that place increasing pressure on professional return preparers to electronically file more and more returns. As a result, your preparer might be forced to e-file your 2010 Form 1040 even if your returns for earlier years have always been done on paper. Get used to it.

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