Watch Newsy On TV

Treasury Department Reveals 'Postcard-Size' 1040 Tax Form

The new form combines three previous versions of the 1040.
SMS
Treasury Department Reveals 'Postcard-Size' 1040 Tax Form

President Donald Trump wanted most Americans to be able to file their taxes on a postcard, and it looks like the IRS came through.

On Friday the tax agency released a new 1040 form for 2019. Most Americans use a version of that form to file their individual tax returns. 

The new 1040 is a two-sided, "postcard-size" form, and it combines three previous versions of the 1040. But depending on your individual filing needs, it might not actually be shorter.

The IRS will still need a lot of the same information, and now some of those details are on six separate worksheets. 

But under the new tax law, the standard deduction is higher, so it's likely that fewer Americans will choose to itemize additional deductions on their taxes.