In early 2020, the Internal Revenue Service issued Revenue Procedure 2020-11 (Rev. Proc. 2020-11) about the established safe harbor that extends relief to taxpayers who used federal or private student loans to finance attending a nonprofit or for-profit school. The relief described…
In December 2017, the feds announced a new federal form 1040-SR for use by those age 65 or older. At the time, the form was described “as similar as possible to the Form 1040EZ.” The main difference between forms was…