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October 23, 2020 WRITTEN BY: Charlette Beasley October 23, 2020 Charlette has over 10 years of experience in accounting and finance and 2 years An official website of the United States Government Section references are to the Internal Revenue Code unless otherwise noted. Revised: 01/2020 For the latest information about developments related to Form 1040-X and its instructions, such Advertiser Disclosure: The credit card and banking offers that appear on this site are from credit card companies and banks from which MoneyCrashers.com receives compensation. This compensation may impact how and where products appear on th The new form replaces the three versions of the 1040 — the standard form 1040, the 1040-A short form and the 1040-EZ — into just one version. With the simplification of the tax code brought about by the Tax Cuts and Jobs Act, the IRS has re Entering Individual Retirement Arrangement (IRA) deductions on Line 32 of Form 1040, using the 1040 worksheet and Publication 590-A.

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