Draft 1040 for 2020 IRSThe Internal Revenue Service (IRS) has released a draft of Form 1040, U.S. Individual Income Tax Return. There are several notable changes to the form proposed for the tax year 2020 - the tax return that you'll file in 2021. At first blush, the top of the return doesn't look much different from the 2019 tax return with one rather interesting exception: the virtual currency question's placement. A cautionary note: This is a draft return, and not yet the real thing.

Source: Forbes August 20, 2020 20:03 UTC