Internal Revenue Service efforts to simplify forms have resulted in no drastic changes next year, says Tax Notes, a Washington publication that follows tax-law changes.
On July 15, the IRS released early copies of some 1992 forms. And most of the changes were minor.
The biggest change would affect about 3 million self-employed people who file Schedule C, used by sole proprietors to show profits or losses.
A short version of Schedule C, called Schedule C-EZ, will be available next year. It will have about 15 lines. The long form has 40.