The IRS is giving us something that no one was asking for. A new tax return for seniors only.
Seniors age 65 and older will get a new, simplified tax return to fill out, granted it is not for this tax filing season.
It will take the Service some time to develop the form. Expect the new form for post-2018 years, meaning seniors could first file it in 2020.
So we then will have 1040, 1040A, 1040EZ and soon the 1040SR. No this is not a joke post, this is actually happening.