4 ms·
I remember when the Trump team was claiming that they wanted to simplify the tax code. They held up a postcard and said that you'd file your taxes on this. The
by jhp123 2y ago
I remember when the Trump team was claiming that they wanted to simplify the tax code. They held up a postcard and said that you'd file your taxes on this.
Then they passed the tax bill. My taxes went up, Trump's went down, and everyone forgot about the postcard. Go figure.
- junar 2y agoWhat actually happened is that Form 1040 got sliced into multiple pages. Going from 2017 to 2018, the 1040 went from 79 lines [1] to 23 lines [2]. The remaining 50 or so lines? Moved to Schedules 1, 2, 3, 4, 5, and 6. So if your return had any amount of complexity, you probably needed more pages that year. Today's Form 1040 [3] is somewhere in the middle. The form itself has 38 lines, and the numbered schedules have been consolidated from 6 to 3. [1] https://www.irs.gov/pub/irs-prior/f1040--2017.pdf https://www.irs.gov/pub/irs-prior/f1040--2017.pdf [2] https://www.irs.gov/pub/irs-prior/f1040--2018.pdf https://www.irs.gov/pub/irs-prior/f1040--2018.pdf [3] https://www.irs.gov/pub/irs-prior/f1040--2023.pdf https://www.irs.gov/pub/irs-prior/f1040--2023.pdf
- anon291 2y agoYour federal taxes went down but your state charges you a lot and the feds aren't going to let that mean they get less. You should probably elect lower tax candidates to your state office so you can deduct more of your state taxes.