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 standar 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

John R. Dundon, EA - www.1040.com/jd - Taxpayer Advocate - Enrolled with the United States Department of Treasury to Practice before the IRS - Under contract with the United States Department of Treasury as a Certified ITIN Acceptance Agent - 720-234-1177