Draft instructions for Form 1040, U.S. Individual Income Tax Return, and Form 1040-SR, U.S. Tax Return for Seniors, released Oct. 17 to reflect some additional lines for the 1040 and schedules to report income items and that student loan forgiveness is not taxable. The instructions note that certain credits were not extended into 2022. Additionally, the filing status name changed from Qualifying widow(er) to Qualifying surviving spouse. The adjusted gross income required to use the IRS Free File program for the 2022 filing season was not provided. The filing deadline is Apr. 18, 2023, the instructions note. [Draft ...
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