Welcome Guest. Register Now!  


Itemized Deductions Schedule-A


Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 09-13-2008, 07:48 PM
Junior Member
 
Join Date: Sep 2008
Posts: 5
Form 1040 Instructions for 2008 - Draft Available?

Have the 2008 Form 1040 Instructions been released yet (in draft form)? Specifically, I need to see the information on page 31 regarding Standard Deduction. The 2007 instructions won't help because of recent changes.

If the 2008 instructions are available, I would be very grateful for a link, as searching for it on my own has yielded no results. Thanks for your kind assistance!



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
  #2 (permalink)  
Old 09-16-2008, 11:28 AM
Junior Member
 
Join Date: Sep 2008
Posts: 5
Found It!

I just found the answer to my question.

For anyone interested, there is a 2008 Standard Deduction Worksheet on page 9 of the "2008 Instructions for Form 1040 - Draft Worksheet(s) and Tables", located at http://www.irs.ustreas.gov/pub/irs-dft/i1040gi--dft.pdf.

This worksheet can be used to calculate the additional standard deduction of $500 ($1,000 for joint filers) for real estate property taxes paid during the year to state and local governments, for taxpayers who do not itemize. This additional deduction is available for 2008 only.



Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!Reddit! stumble!bookmark in google!Share on Facebook!
Reply With Quote
Ads
Reply


Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Tips to avoid an IRS audit for 1040 form filer TaxGuru For 2009 3 01-23-2010 11:26 PM
March 17, 2008 is the deadline to file the Corporation Extension Form 7004. TaxGuru C-Corporation 0 03-17-2008 02:18 PM
What 1040 Form is best for me? 1040Ez or 1040A? beedab Miscellaneous 1 01-27-2007 12:17 AM
1040 Central — One Click Away Samatg General 0 01-23-2007 07:51 PM

Follow us on Facebook Follow us on Twitter Google Buzz Rss Feeds

» Categories
 
Individual
 » Income
 » IRA/Sep
 » Medical
 
Corporations
 » Payroll
 
Forum for CPAs
 
Financial Planning