Form 1040 (Individual Tax Return) has be significantly redesigned in 2018 as a result of the Tax Cuts and Jobs Act. These changes included:
- Increased standard deduction
- Removal of personal exemption and dependent deductions
- Credit for other dependents
- Increased child tax credit
- Changes to itemized deductions
- Changes in tax rates
The IRS has released drafts of the 2018 Form 1040, schedules, and instructions.