NEW – Schedule L for Standard Deductions
27 Oct NEW – Schedule L for Standard Deductions
The IRS has released a new tax form, Schedule L, Standard Deduction for Certain Filers (2 pages including instructions, pdf) for use with 2009 tax returns. Taxpayers may need to use this form if they are claiming various additions to their standard deduction, such as the additional standard deduction for property taxes or the new car sales tax deduction. Schedule L can be attached either to the long Form 1040 or the shorter Form 1040A