Introduced by in 1993, the IRS designed 1040PC form to reduce the standard 11-page tax return to a few pages. Preparation of a tax filing on a personal computer is the unique quality of the 1040PC Form. The 1040PC form replaced the form 1040 and many of the pages of other forms and schedules. Faster and more accurate processing prompted introduction of the 1040PC form. By 1996, six per cent of all taxpayers filed the 1040PC form with the IRS. The layout of the 1040PC form is a three-column format, answer sheet style. The 1040PC form details the bottom line number, dollar amounts, and a brief description called a "legend page”. Printing only the lines with data, the 1040PC form briefly identifies them with line-number references. The 1040PC form eliminated the large amount of blank lines found on most submitted tax forms. Widely available tax computation software produced and prepared the 1040PC form. However, the IRS quit accepting 1040PC form in 2000, preferring the e-file format instead. |
