[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-1-en-105":3,"doc-seo-303509-105":53,"doc-detail-303509-en":126},{"code":4,"msg":5,"data":6},0,"success",[7,14,19,24,29,34,39,44,49],{"id":8,"doc_module":9,"doc_module_name":10,"category_name":11,"show_sort_weight":12,"slug":13},11,1,"Template","Presentations",90,"presentations",{"id":15,"doc_module":9,"doc_module_name":10,"category_name":16,"show_sort_weight":17,"slug":18},12,"Resumes",80,"resumes",{"id":20,"doc_module":9,"doc_module_name":10,"category_name":21,"show_sort_weight":22,"slug":23},14,"Invoices",70,"invoices",{"id":25,"doc_module":9,"doc_module_name":10,"category_name":26,"show_sort_weight":27,"slug":28},15,"Posters",60,"posters",{"id":30,"doc_module":9,"doc_module_name":10,"category_name":31,"show_sort_weight":32,"slug":33},16,"Social Media",50,"social-media",{"id":35,"doc_module":9,"doc_module_name":10,"category_name":36,"show_sort_weight":37,"slug":38},17,"Forms",40,"forms",{"id":40,"doc_module":9,"doc_module_name":10,"category_name":41,"show_sort_weight":42,"slug":43},18,"Letters",30,"letters",{"id":45,"doc_module":9,"doc_module_name":10,"category_name":46,"show_sort_weight":47,"slug":48},21,"Paper Templates",5,"papers-templates",{"id":50,"doc_module":9,"doc_module_name":10,"category_name":51,"show_sort_weight":4,"slug":52},158,"General","general-158",{"code":4,"msg":54,"data":55},"ok",{"site_id":56,"language":57,"slug":58,"title":59,"keywords":60,"description":61,"schema_data":62,"social_meta":119,"head_meta":121,"extra_data":123,"updated_unix":125},105,"en","some-irs-form-changes-for-2024-irs-form-updates-overview","Some IRS Form Changes for 2024 - IRS Form Updates - Overview","","IRS filing updates for 2024 outline changes across multiple tax forms. Form 1040 adds a new box for treating a nonresident alien or dual-status spouse as a U.S. resident for the full tax year, with required supporting information. Form 1040 Schedule 1 adds a top-of-page line for amounts reported on Form(s) 1099-K that were included in error or tied to personal sales at a loss. Form 5329 expands Part IX lines 52-54 to incorporate a 2023 worksheet for missed RMDs and clarify 10% versus 25% penalties.",{"@graph":63,"@context":118},[64,80,101],{"@type":65,"itemListElement":66},"BreadcrumbList",[67,71,74,77],{"item":68,"name":69,"@type":70,"position":9},"https://docshare.wps.com","Home","ListItem",{"item":72,"name":10,"@type":70,"position":73},"https://docshare.wps.com/template/",2,{"item":75,"name":36,"@type":70,"position":76},"https://docshare.wps.com/template/forms/",3,{"item":78,"name":59,"@type":70,"position":79},"https://docshare.wps.com/template/some-irs-form-changes-for-2024-irs-form-updates-overview/303509/",4,{"url":78,"name":59,"@type":81,"image":82,"author":87,"headline":59,"publisher":90,"fileFormat":93,"inLanguage":57,"description":61,"dateModified":94,"datePublished":95,"encodingFormat":93,"isAccessibleForFree":96,"interactionStatistic":97},"DigitalDocument",{"url":83,"@type":84,"width":85,"height":86},"https://docshare.wps.com/thumbnails/some-irs-form-changes-for-2024-irs-form-updates-overview/303509.png","ImageObject",442,249,{"name":88,"@type":89},"Quinn","Person",{"url":68,"name":91,"@type":92},"DocShare","Organization","application/pdf","2026-10-04","2026-09-19",true,{"@type":98,"interactionType":99,"userInteractionCount":9},"InteractionCounter",{"@type":100},"ViewAction",{"@type":102,"mainEntity":103},"FAQPage",[104,110,114],{"name":105,"@type":106,"acceptedAnswer":107},"What new box was added to Form 1040 for 2024 returns?","Question",{"text":108,"@type":109},"Form 1040 adds a new box below the filing status for treating an nonresident alien or dual-status alien spouse as a U.S. resident for the entire tax year, including entering their name and attaching an instruction-based statement if required.","Answer",{"name":111,"@type":106,"acceptedAnswer":112},"What does the new line on Form 1040 Schedule 1 ask for?",{"text":113,"@type":109},"It asks for the amount reported to the taxpayer on Form(s) 1099-K that was included in error, or for personal items the taxpayer sold at a loss.",{"name":115,"@type":106,"acceptedAnswer":116},"Which 2024 form replaces Form 1045 and what is it used for?",{"text":117,"@type":109},"New Form 172 replaces the former Form 1045 and Schedules A & B, and it is used to compute the taxpayer’s Net Operating Loss and the portion used in the current year and carried to another year.","https://schema.org",{"og:url":78,"og:type":120,"og:title":59,"og:site_name":91,"og:description":61},"article",{"robots":122,"canonical":78},"index,follow",{"doc_id":124,"site_id":56},303509,1791072376,{"code":4,"msg":5,"data":127},{"doc_id":124,"user_id":128,"nickname":88,"user_avatar":129,"doc_module":9,"category_id":35,"category_name":36,"doc_title":59,"doc_description":61,"doc_content":130,"file_id":131,"file_url":132,"file_type":133,"file_size":134,"view_count":73,"is_deleted":4,"is_public":9,"is_downloadable":9,"audit_status":9,"page_count":9,"language":135,"language_code":57,"site_id":56,"html_lang":57,"table_of_contents":136,"faqs":137,"seo_title":138,"seo_description":61,"update_tm":139,"read_time":4},962075114765,"https://ap-avatar.wpscdn.com/davatar_a8503ba1806abce46bf441b54a3ca4cd","Some IRS Form Changes for 2024  \nForm 1040 – Form 1040 has a new box just below the filing status. It says, “If treating anonresident alien or dual-status alien spouse as a U.S. resident for the entire tax year, check the box and enter their name (see instructions and attach statement if required) .”  \nForm 1040, Schedule 1, now has a new line at the top of the page asking for the amount reported to the taxpayer on Form(s) 1099-K that was included in error or for personal items which the taxpayer sold at a loss.  \nForm 5329 – Part IX, Additional Tax on Excess Accumulation in Qualified Retirement Plans (Including IRAs)– lines 52-54 have been expanded to incorporate the worksheet that was part of the 2023 Form 5329 onto the 2024 Form 5329. Briefly these extra lines are to show which missed RMDs are subject to the 10% penalty instead of the full 25% penalty.  \nForm 8879-EG, E-file Authorization for Forms 709 and 709-NA , is new starting with calendar year 2024 returns. This is the authorization for efiling gift tax returns for gifts taking place in 2024 or later.  \nNew Form 172 replaces the former Form 1045, Schedules A & B. Form 172 is the form now used to computer a taxpayer’s Net Operating Loss and the amount of the NOL that is used up in the current year and carried to another year.  \nThis text has been shared courtesy of: David & Mary Mellem, EAs & Ashwaubenon Tax Professionals, 920-496-1065 (fax 920-496-9111) .  \nWe ask that no reproduction of this article take place without the express written consent of Ashwaubenon Tax Professionals, 2140 Holmgren Way, Suite 1040, Green Bay, WI 54304.  \nIf you know of someone who would like to be added to our email list, have them send us an email with SUBSCRIBE in the Subject line. If you would like to be removed from our email list, send us an email with UNSUBSCRIBE in the Subject line.","cbCaidxvdpSYUBZW","https://ap.wps.com/l/cbCaidxvdpSYUBZW","pdf",184142,"English","# IRS Form Changes for 2024\n## Form 1040 updates\n## Form 1040 Schedule 1 addition\n## Form 5329 worksheet expansion\n## Form 8879-EG e-file authorization\n## New Form 172 replacing Form 1045","[{\"question\":\"What new box was added to Form 1040 for 2024 returns?\",\"answer\":\"Form 1040 adds a new box below the filing status for treating an nonresident alien or dual-status alien spouse as a U.S. resident for the entire tax year, including entering their name and attaching an instruction-based statement if required.\"},{\"question\":\"What does the new line on Form 1040 Schedule 1 ask for?\",\"answer\":\"It asks for the amount reported to the taxpayer on Form(s) 1099-K that was included in error, or for personal items the taxpayer sold at a loss.\"},{\"question\":\"Which 2024 form replaces Form 1045 and what is it used for?\",\"answer\":\"New Form 172 replaces the former Form 1045 and Schedules A \\u0026 B, and it is used to compute the taxpayer’s Net Operating Loss and the portion used in the current year and carried to another year.\"}]","Some IRS Form Changes for 2024 - IRS Form Updates - Overview | PDF",1789804537]