June 29, 2018:  Today the IRS released the draft of the new Form 1040.  As promised, it’s much smaller than the old… HOWEVER, many of the changes came from eliminating lines and requiring NEW SUB-SCHEDULES where those old lines are summarized.

For example, a new Schedule 1 will summarize K-1 income, rental income, etc.

So… less comparable to prior years and less information easily seen on the front of the return.  In other words, more complex and less user-friendly.

Oh well, so much for positive reform…