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	<title>Small Office Home Office (SOHO) Tax Tips</title>
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	<description>Small Office Home Office (SOHO)Tax Tips provides tax tips and business strategies to small businesses and home-based businesses.</description>
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		<title>Form 1040A Schedules 1, 2, and 3 obsolete in 2009</title>
		<link>http://sohotaxtips.com/409/income-taxes-2009/</link>
		<comments>http://sohotaxtips.com/409/income-taxes-2009/#comments</comments>
		<pubDate>Sun, 08 Nov 2009 20:50:18 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Tax Changes]]></category>
		<category><![CDATA[Taxable Income]]></category>
		<category><![CDATA[2009]]></category>
		<category><![CDATA[Child Care]]></category>
		<category><![CDATA[Dependent Care Expenses]]></category>
		<category><![CDATA[Dividend Income]]></category>
		<category><![CDATA[Form 1040 Schedule B]]></category>
		<category><![CDATA[Income Tax Filing]]></category>
		<category><![CDATA[Interest Income]]></category>
		<category><![CDATA[Personal Income Taxes]]></category>

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		<description><![CDATA[Important changes in filing IRS Form 1040A in 2009]]></description>
			<content:encoded><![CDATA[            <a href="http://twitter.com/share" class="twitter-share-button" data-count="" data-text="Form 1040A Schedules 1, 2, and 3 obsolete in 2009" data-via="" data-url="http://sohotaxtips.com/409/income-taxes-2009/" >Tweet</a><script type="text/javascript" src="http://platform.twitter.com/widgets.js"></script><p><img class="alignleft size-full wp-image-408" title="US_IRS_svg_thumb.png" src="http://sohotaxtips.com/wp-content/uploads/2009/11/US_IRS_svg_thumb.png" alt="The IRS is watching" width="100" height="90" />Trish McIntire, an IRS Enrolled Agent in Arkansas, in her <a rel="nofollow" href="http://trishmc.typepad.com/mac_tax_talk/2009/11/tax-simplification.html" target="_new">blog</a>, reports that the IRS is &#8220;simplifying&#8221; our 2009 income tax filing procedure by discontinuing the use of three supporting tax forms associated with the short <strong>IRS Form 1040A</strong>.  She says that interest income over $1,500 will now be reported on <strong>Form 1040 Schedule B</strong>, Interest and Dividend Income (part of the longer IRS Form 1040) rather than <strong>Form 1040A Schedule 1</strong>. A similar substitution affects <strong>Form 1040A Schedule 2</strong>, Child and Dependent Care Expenses. In 2009, she says filers will use <strong>IRS Form 2441</strong> (<strong>see </strong><a href="http://www.irs.gov/pub/irs-pdf/i2441.pdf"><strong>IRS</strong></a>). The final filing change affects those seeking a credit for the elderly or disabled. The <strong>Form 1040A Schedule 3</strong> form is replaced by <strong>Form 1040 Schedule R</strong>, Credit for the Elderly and Disabled (<strong>see </strong><a href="http://www.irs.gov/pub/irs-pdf/f1040sr.pdf"><strong>IRS</strong></a>). I can&#8217;t express how excited I am that our government&#8217;s paperflow has been reduced by 3 IRS forms! While this definitely simplifies filing personal income taxes for some Americans, why don&#8217;t we save more paper, time, and money by simplifying the tax code for everyone?</p>
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