IRS Pub.: Tax Guide for 2019 for Individuals (IRC §1)

Feb. 20, 2020, 5:00 AM UTC

Publication 17, Your Federal Income Tax (For Individuals), revised for 2019 tax year filing released February 19. The publication, covering the general rules for filing a federal income tax return, notes that the Form 1040 for 2019 has fewer schedules and that capital gains or losses are reported on line 6 instead of Schedule 1. The publication notes the new Form 1040-SR, increased standard deduction amounts, extension of certain credits by recent legislation, and requirement to file Schedule 1 if engaged in a transaction involving virtual currency, among others. The due date to file a Form 1040 is April ...

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