IRS Form

IRS Release Date

Major Changes

Last Draft

Final

Form 1040

6/22/2006

11/8/2006

(form)

(instructions)

Page 1: Because the deductions for educator expenses at line 23 and tuition and fees at line 34 officially expired at the end of 2005, they have been replaced by more obscure deductions formerly reported as write-in amounts for line 36: Archer MSA deduction and jury duty pay given to your employer. The expired deductions were renewed retroactively after the IRS printed its new forms, but the IRS has already issued supplemental instructions for handling these deductions. See our Special Report on the Tax Relief and Health Care Act of 2006 for details.

Page 2: The new residential energy credit (Form 5695) is added at line 52; the adoption credit is integrated into line 54 with two other credits rather than retaining a line of its own; the multipart line 55 is compressed into one line; and a new credit for federal telephone excise tax is added at line 71 (up to $60 if you have no records to justify more on the new Form 8913). It's not evident on the form, but new instructions for line 44 indicate that filers of Form 2555 or 2555-EZ must use a new Foreign Earned Income Tax Worksheet when computing tax at line 44, which adds further complications to the computation of tax at line 44.

Form 1040-V

6/7/2006

11/8/2006

(form and instructions)

Year reference changes; several changes in table of IRS Centers to which Form 1040-V and associated Form 1040 return should be filed.

Schedule A

6/9/2006

11/8/2006

(form)

(instructions)

IRS combines Schedules A and B into a single pdf file each for forms and instructions.

The box at line 5 for claiming a general sales tax deduction has been removed because the deduction had expired at the end of 2005 and not yet renewed at the time Schedule A was released by the IRS. However, recent legislation renewed the deduction retroactively, so the IRS has issued supplemental instructions (IRS Pub. 600) on how to handle the sales tax deduction on the new Schedule A. The former line 15b to identify contributions eligible for special treatment is removed because the special treatment applied only to contributions made August 25, 2004 through December 31, 2005. The monetary thresholds for phaseout of deductions with income at line 28 are indexed with inflation.

Instructions reveal many changes, including standard mileage rates, reduced phaseout for high income, and several new rules for charitable deductions, including stricter rules for contributions of clothing and household goods.

Schedule B

6/9/2006

11/8/2006

See Schedule A

Year reference changes only.

Schedule C

6/16/2006

11/3/2006

(form)

(instructions)

References to Form 1040NR added to heading and lines 31 and 32; year and page reference changes. Instructions highlight favorable depreciation for Gulf Opportunity Zone property and favorable amortization for music works.

ScheduleC-EZ

6/16/2006

11/3/2006

(form and instructions)

References to Form 1040NR added to heading and line 3; year and page reference changes.

Schedule D

7/18/2006

11/8/2006

(form)

(instructions)

References to Form 1040NR added to heading and lines 16, 20, and 22.

Schedule E

7/28/2006

11/2/2006

(form)

(instructions)

References to Form 1040NR added to heading and lines 26 and 41.

Schedule EIC

8/30/2006

10/27/2006

(form and instructions)

Year and line reference changes.

Schedule F

6/14/2006

11/8/2006

(form)

(instructions)

References to Form 1040NR added to heading and lines 36 and 37; year reference changes; minor wording and layout changes. Instructions highlight favorable depreciation for Gulf Opportunity Zone property.

Schedule H

9/1/2006

12/1/2006

(form)

(instructions)

Threshold for social security liability increased at line A; special treatment for New York at lines 10 and 24 eliminated; year reference changes.

Schedule J

6/14/2006

11/8/2006

(form)

(instructions)

Year, line, and page reference changes; References to Form 1040NR added to heading and lines 1, 5, 9, 13, 18, 19, 20, and 22; reference to Foreign Earned Income Tax Worksheet added at line 22.

Schedule R

7/18/2006

10/11/2006

(form)

(instructions)

Year reference changes only.

Schedule SE

8/4/2006

10/24/2006

(form)

(instructions)

Social security base raised to $94,200; year reference changes; additional note on form instructing you to file Schedule SE only if required.

Form 1116

7/28/2006

12/2/2006

(form)

(instructions)

Line 1b added to indicate certain compensation for personal services; layout changes throughout.

Form 1310

n.a.

n.a.

Does not change annually, and not scheduled for revision this year.

Form 2106

6/16/2006

10/27/2006

(form)

(instructions)

References to Form 1040NR added to heading and lines 8 and 10; deductible meal expenses for certain DOT employees increased to 75% of actual expenses; standard mileage rate changed from a 2-tier schedule to a single 44.5 cents per mile rate for the entire year; year reference changes.

Form 2106-EZ

6/16/2006

11/8/2006

(form and instructions)

References to Form 1040NR added to heading and line 6; Standard mileage rate changed at line 1 from a 2-tier schedule to a single 44.5 cents per mile rate for the entire year; deductible meal expenses for certain DOT employees increased to 75% of actual expenses at line 5; year reference changes.

Form 2120

n.a.

n.a.

Does not change annually, and not scheduled for revision this year.

Form 2210

12/1/2006

1/30/2007

(form)

(instructions)

Penalty rates increased at lines 15, 28, and 30; credit for early payments increased at line 16; penalty periods changed at lines 27 through 30; phaseout threshold for itemized deductions indexed with inflation at line 6; exemption amount and its phaseout threshold indexed with inflation at line 10; social security base increased at line 27; line and year reference changes. The new instructions reveal special procedures for Hurricane Katrina victims, whose first, second, and third estimated tax installments are extended to October 16, 2006 without penalty. (Victims of Hurricanes Rita and Wilma are provided no relief.)

Form 2210-F

12/18/2006

1/31/2007

(form and instructions)

Instructions added at lines 4 and 10, and modified at line 13, not to file Form 2210-F if less than $1,000; penalty rate increased from 7% to 8% annual rate at line 20; line and year reference changes. Instructions reveal that there is no relief for victims of Hurricane Katrina, since farmers and fishermen are not required to pay quarterly installments of estimated tax. (The relief afforded victims on Form 2210 applies only to the first three installments, not the last installment which has the same due date as the only required payment for farmers and fishermen.)

Form 2350

7/27/2006

10/11/2006

(form and instructions)

Minor layout and year reference changes.

Form 2441

8/23/2006

11/2/2006

(form)

(instructions)

References to Form 1040NR added to heading, end of Part I, and lines 7, 10, and 28; line 13 expanded into lines 13 and 14 to separate carryovers from forfeitures, and line numbering changed thereafter accordingly; year reference changes.

Form 2555

11/10/2006

12/21/2007

(form)

Instructions revised 3/3/2007

(instructions)

New limits on housing expense added at the new lines 29a and 29b, depending on location; amount of housing expense not allowed as an exclusion increased by 10.85% at line 32; maximum foreign earned income exclusion increased with incflation (3.0%) at line 37; year and line reference changes.

Instructions finally completed on March 3 with the addition of the 4-page table for Limits on Housing Expenses, which is required to make the proper entry on line 29b when claiming the housing exclusion or deduction.

Form 2555-EZ

8/23/2006

12/14/2006

(form)

(instructions)

Year reference changes; maximum exclusion raised to $82,400.

Form 2848

n.a.

n.a.

Does not change annually, and not scheduled for revision this year.

Form 3468

8/15/2006

1/27/2007

(form and instructions)

Can no longer be filed without Form 3800, even if this is the only credit to report on Form 3800. As a result, Part II of the form has been removed, so the form is now a 1-part, 1-page form. Line 1 redesigned, changing the order of its parts and separating Gulf Opportunity Zone property from other property; line 2 deleted because the corresponding energy credit expired at the end of 2005; line 6 (the former line 7) now instructs you to report the total credit from Form 3468 on Form 3800; tax year removed from form heading and revision date of 12-2006 added because this form will hereafter be revised only when needed rather than annually. The new instructions carry an extensive new set of rules and dates for determining eligibility for particular parts of the credit, including specific requirements for GO Zone property.

Form 3800

12/28/2006

1/9/2007

(form)

Instructions revised 2/28/2007

(instructions)

New note added that a supporting form is not always required to claim credit on a line; entries for EIN of a pass-through entity added at lines 1e, 1l, and 1n; the new energy efficient appliance credit (Form 8909) added at line 1u; year reference changes at lines 5, 6, and 7; Section A in Part II (for C corporations) removed, and Part II expanded to compensate for the extra space, including more instructional detail for lines 9, 10, and 16; lines 1c, 1d, and 1e refer different credits from those on the prior-year form; instructions at line 19 extensively reworded. In the final release, the new mine rescue team training credit (Form 8923) replaces the trans-Alaska pipeline liability fund credit at line 1y. The new instructions, which were released long after the form, clarify when you can omit a supporting form for a line on Form 3800. Except for Forms 3468 and 8864, individuals can omit a form if all credits on the form are from pass-through entities (such as partnerships and S corporations). However, the partnerships and S corporations must still file the form on their return.

Form 3903

6/9/2006

9/29/2006

(form and instructions)

Standard mileage rate changed to 18 cents per mile; references to Form 1040NR at heading and line 5; instructions reworded on page 1 of the form.

Form 4136

9/19/2006

1/26/2007

(form)

(instructions)

Major redesign, expanding the 2-page form into a 4-page form. Numerous new categories and rates added as a result of two energy bills in 2005 and (believe it or not) the Pension Protection Act of 2006. There are even two lines in the middle of the form marked as reserved for future use. A great deal of complexity and confusion has been added to a form that was already very complex and ambiguous! The IRS had originally released this form on 10/11/2006, but pulled it from release when the December tax bill passed. Although not rereleased for another 2-1/2 months, the only change in the final release is the addition of a new category at line 9 (for nontaxable use of kerosene in noncommercial aviation)!

Form 4137

8/30/2006

10/24/2006

(form and instructions)

References to Forms 1040NR, 1040-SS, and 1040-PR added to heading; Social security base raised to $94,200; reference to Form 1040NR added at line 12; year reference changes.

Form 4255

n.a.

n.a.

Does not change annually, and no longer planned for revision. (Current version is rev. 2-2006.)

Form 4562

6/22/2006

10/17/2006

(form)

(instructions)

Section 179 ceilings raised; reference to certain aircraft and long production period property removed from lines 14 and 25, but referenced in instructions as still applicable for the Katrina, Rita, and Wilma hurricane areas. Instructions also refer to new amortization allowance for musical works.

Form 4684

5/30/2006

10/11/2006

(form)

(instructions)

Reference to Form 1040NR added at lines 19, 21, 35, and 41b.

Form 4797

6/10/2006

10/17/2006

(form)

(instructions)

No changes other than tax year labels.

Form 4835

6/14/2006

11/9/2006

(form and instructions)

Reference to Form 1040NR added to heading; year reference changes only.

Form 4868

8/2/2006

11/2/2006

(form and instructions)

Voucher layout changed and a new line for Form 1040NR filers to indicate if not an employee subject to U.S. withholding. Instructions virtually unchanged except for the removal of a What's New section and changes in filing locations for Form 4868.

Form 4952

6/14/2006

10/26/2006

(form and instructions)

Year reference changes only.

Form 4970

7/21/2006

10/17/2006

(form and instructions)

Year reference changes only.

Form 4972

6/16/2006

10/17/2006

(form and instructions)

Year reference changes; references to Form 1040NR added to heading and lines 7 and 30; instructions on where to report a lump-sum distribution expanded to include Form 1040NR.

Form 5329

8/2/2006

12/21/2006

(form)

(instructions)

References to Form 1040NR added to heading, above Part I, and at lines 4, 8, 17, 25, 33, 41, 48, and 53; year reference changes throughout. Instructions reveal a new exception to the 10% penalty for qualified reservists, using a new code 11 at line 2, and code 01 is expanded to include public safety employees of age 50 or more (rather than the usual age 50).

Form 5695

8/31/2006

1/4/2007

(form and instructions)

This new form is used to claim residential energy credits, which are new for tax year 2006. Two different credits for homeowners were created by the Energy Tax Incentives Act of 2005. The first one, claimed in Part I of Form 5695, provides a 10% credit for up to $5,000 of expenditures for specified home energy efficiency improvements, including insulation and new windows. The second, claimed in Part II, provides a 30% credit each for installing three types of energy systems: solar electric systems, solar water heating systems, and fuel cell power systems. The first two are limited to $2,000 total credit each, and the third is limited to $1,000 per KW capacity.The final release differs greatly from the advance draft in layout, but not in content. This new form will be built into the Standard Level and Premium Level versions of Tax Preparer for the 2007 filing season.

Form 5884

6/15/2006

1/18/2007

(form and instructions)

Under the former law the credit applied only to first-year wages for employees who began work before January 1, 2006. However, legislation that would extend this date (which passed in December) was anticipated, so the IRS has begged the question on the form with the phrase "employees who began work for you before the applicable date in the instructions." In addition, the IRS has redesigned the form irrespective of the legislation: individuals can no longer use Form 5884 without Form 3800, even when it is the only credit for Form 3800, so Part II of the form has been eliminated; two lines have been added for cooperatives and beneficiaries of estates and trusts; wording has been changed throughout the form; and tax year removed from form heading and revision date of 12-2006 added because this form will hereafter be revised only when needed rather than annually.

Form 6198

6/16/2006

10/28/2006

(form)

(instructions)

Year reference changes only.

Form 6251

8/11/2006

12/22/2006

(form)

(instructions)

Phaseout levels at line 6 raised; threshold at line 28 raised (above which married taxpayers filing separately must add at additional); exemptions at lines 29 and 43 raised; special instructions for Form 2555 or 2555-EZ filers added for lines 30 and 31; exemption amount now limited for a child under 18 rather than 14; line reference changes.

Form 6252

6/9/2006

10/5/2006

(form and instructions)

Year reference change only.

Form 6478

12/20/2006

1/11/2007

(form and instructions)

Subtotal line added at line 4; special instructions for cooperatives, estates, and trusts added at lines 6, 11, and 24, and two new lines added for them at lines 12 and 13; carryforwards added to line 10; reference to Form 1040NR added at line 17b; set of credit adjustments at lines 17b through 17e changed; year and line reference changes. The final release omits from line 6 the special instructions for cooperatives.

Form 6765

1/13/2007

2/2/2007

(form and instructions)

Although originally expired at the end of 2005, this credit was reinstated retroactive to Jan. 1, 2006 by the December tax bill. The final release exhibits significant changes because of new provisions of the tax bill. All parts of the form have added complications, and a new Section C provides an 'alternative simplified credit' for tax years ending after Dec. 31, 2006. (The new Section C cannot be used by individuals for tax year 2006, since they file on a calendar year basis, but partnerships with a fiscal year that starts in February or later can take advantage of this method.) The former Part II has been removed because the form can no longer be filed without Form 3800, even when it is the only credit to be reported on Form 3800. The new instructions are greatly expanded, but many of the additions relate to the new 'alternative simplified credit' (which is anything but simple judging by the many tables added for this new method).

Form 6781

6/21/2006

9/26/2006

(form and instructions)

No change other than tax year designation.

Form 8271

n.a.

n.a.

Does not change annually, and no longer planned for revision. (Current version is rev. 12-2005.)

Form 8283

n.a.

1/5/2007

(form)

(Instructions not yet released.)

Does not change annually, but was changed this year with a revision date of December 2006. The form differs from the prior version (rev. 12-2005) only in wording on the form and a slight layout change, but not in the data entry for the form. The new instructions to go along with the new form have not yet been released by the IRS.

Form 8332

n.a.

n.a.

Does not change annually, and not scheduled for revision this year. (Current version is rev. 1-2006.)

Form 8379

n.a.

n.a.

Does not change annually, and is not scheduled for revision this year. (Current version is rev. 1-2006.)

Form 8396

9/5/2006

10/20/2006

(form and instructions)

New boxes added for entering identifying information on the Mortgage Credit Certificate; references to Form 1040NR added to heading and lines 8, 9, and 11; complexity added to line 9 for other credits; year reference changes; attachment sequence number changed.

Form 8582

6/16/2006

10/27/2006

(form)

(instructions)

Year and page number reference changes.

Form 8582-CR

7/26/2006

12/8/2006

(form)

(instructions)

References to pre-1990 low-income housing at Part I, line 2 and the heading for Part III removed; reference to post-1989 low-income housing at Part I, line 3 removed; year reference changes.

Form 8586

6/22/2006

12/14/2006

(form and instructions)

Can no longer be filed without Form 3800, even if this is the only credit to report on Form 3800; as a result, Part II of the form has been removed. Form further simplified by removing detailed instructions and EIN entry at line 4, but new lines for estates and trusts. Tax year removed from form heading and revision date of 12-2006 added because this form will hereafter be revised only when needed rather than annually.

Form 8594

n.a.

n.a.

Does not change annually, and not scheduled for revision this year. (Current version is rev. 2-2006.)

Form 8606

9/22/2006

1/23/2007

(form)

(instructions)

References to the new qualified charitable distributions added at the headings for Parts I and III, and at line 7; year, line, and page reference changes; instructions highlight new rule to include nontaxable combat pay when detemining IRA limitations.

Form 8611

n.a.

n.a.

Does not change annually, and not scheduled for revision this year. (Current version is rev. 1-2006.)

Form 8615

9/6/2006

12/30/2006

(form)

(instructions)

The new title for the form (Tax for Children Under Age 18 With Investment Income of More Than $1,700) reveals two significant changes: (a) the form now applies to children under 18, not just children under 14, so that the investment income of many more children will be taxed at the parent's tax rate, and (b) the maximum investment income to avoid the form is indexed with inflation (now $1,700, up from $1,600). The final release adds, at lines 4, 6, 10, and 18, references to special instructions for filers of Form 2555 or 2555-EZ, who must use the new Foreign Earned Income Worksheet in the Form 1040 instructions to complete Form 8615 and compute the tax. There are also changes in the layout, a line reference, and the year designation.

Form 8801

8/9/2006

12/23/2006

(form)

(instructions)

Thresholds at line 34 changed to reflect tax brackets for 2005; year and page reference changes.

Form 8812

8/5/2006

11/8/2006

(form and instructions)

References to Form 1040NR added throughout; expired provision at line 4a for Hurricane Katrina victims removed; threshold at line 5 indexed with inflation; line reference changes. Instructions unchanged except for removal of paragraphs relating to Hurricane Katrina.

Form 8814

9/27/2006

12/12/2006

(form and instructions)

Base amounts at lines 4, 5, 13, and 15 indexed with inflation; new line 2b added to identify the part of line 2 that is qualified dividends; six new lines added after line 6 to handle on the form the special treatment for capital gains and qualified dividends, which were formerly relegated to the instructions; line reference changes.

Form 8815

6/10/2006

11/22/2006

(form and instructions)

Phaseout of exclusion indexed with inflation at lines 9 and 10; year reference changes.

Form 8822

12/14/2006

1/23/2007

(form and instructions)

Final release of the form itself differs from last year's form only in its revision date, now 12-2006 instead of 12-2005. However, instructions for 'in care of' addresses has been added, and addresses for 'Where to File' have been changed.

Form 8824

7/22/2006

11/9/2006

(form and instructions)

No change other than tax year designation.

Form 8828

n.a.

n.a.

Does not change annually, and not scheduled for revision this year. (Current version is rev. 12-2005.)

Form 8829

6/2/2006

10/27/2006

(form)

(instructions)

Rent added as a line item expense at line 18; year and line reference changes.

Form 8834

8/10/2006

1/9/2007

(form and instructions)

Caution added that credit applies only to vehicles place in service before 2007; special instructions on form at lines 5 and 6 to reflect different rates for 2006 and pre-2006 vehicles removed; Schedule K-1 codes changed at line 9; references to Form 1040NR added at lines 15, 16b, and 20; two credits removed at line 16; year and line reference changes. The final release adds, at line 16, the American Samoa economic development credit (Form 5735) as another credit to be claimed before this credit.

Form 8839

7/22/2006

11/2/2006

(form)

(instructions)

References to Form 1040A removed at lines 15, 16, 18, and 31 (because neither credit nor exclusion can now be claimed on Form 1040A returns), but references to Form 1040NR added at the same lines; year and line reference changes.

Form 8846

6/9/2006

12/27/2006

(form and instructions)

Can no longer be filed without Form 3800, even if this is the only credit to report on Form 3800; as a result, Part II of the form has been removed so that the form is now a short 1-part form. Social security wage base raised at line 4; label for line 5 simplified by removing table of Schedule K-1 boxes for credits from partnerships and S corporations.

Form 8853

8/9/2006

12/21/2006

(form)

(instructions)

References to Form 1040NR added to heading and lines 7, 10, 11b, 14, and 15b; LTC payment threshold indexed with inflation at line 23; year and line reference changes.

Form 8859

7/22/2005

1/11/2007

(form and instructions)

The advance draft of this form had no section for new credit because the credit had expired at the end of 2005. However, the recent tax bill renewed the credit retroactively, so the final form looks much more like the prior-year form than the advance draft. However, the final form retains the new references to Form 1040NR in the heading and lines 2, 3, and 5, and the usual year and line reference changes.

Form 8861

6/15/2006

1/23/2007

(form and instructions)

Under prior law the credit applied only to first-year or second-year wages for employees who began work before January 1, 2006. However, legislation that would extend this date (which passed in December) was anticipated, so the IRS has begged the question on the form with the phrase "employees who began work for you before the applicable date in the instructions." In addition, the IRS has redesigned the form irrespective of the legislation: individuals can no longer use Form 8861 without Form 3800, even when it is the only credit for Form 3800, so Part II of the form has been eliminated; two lines have been added for cooperatives and beneficiaries of estates and trusts; and wording has been changed throughout the form. (Even though the current form has no tax year, it can be used only for employees who started work before January 1, 2007. It will be integrated with Form 5884 for future years.)

Form 8862

n.a.

n.a.

Does not change annually, and not scheduled for revision this year.

Form 8863

7/20/2006

11/10/2006

(form and instructions)

Caution in Part III moved to replace caution above Part I, since the former caution above Part I refered to the expired deduction for tuition and fees; all dollar amounts in Part I increased by 10% because the Hope Credit has increased accordingly; space for student names expanded at line 3; phaseout threshold indexed with inflation at line 8; layout at lines 14 through 16 changed.

Form 8880

7/28/2006

10/3/2006

(form and instructions)

References to Form 1040NR added to heading, caution near top of form, and lines 8, 11, 12, and 14; year reference changes.

Form 8885

8/8/2006

12/14/2006

(form and instructions)

References to Forms 1040-SS and 1040-PR added to heading and line 5; reference to payments to U.S. Treasury--HCTC removed at line 1; line 2 change to exclude premiums to U.S. Treasury--HCTC and advance payments; lines 6 and 7 removed because advance payments no longer included in line 2; minor wording changes throughout.

Form 8889

9/19/2006

12/8/2006

(form)

(instructions)

References to Form 1040NR added to heading and lines 11, 14, and 15b; exclusion of cafeteria plans added to label for line 2; deductible maximums indexed with inflation at line 3; year reference changes; attachment sequence number changed.

Form 8901

7/21/2006

10/31/2006

(form and instructions)

References to Form 1040NR added to heading, caution, and instructions; attachment sequence number changed.

Form 8914

9/21/2006

12/8/2006

(form and instructions)

Instruction not to claim anyone you included for 2005 added above line 1; lines 2, 3, 4, and 6 added to integrate current claim with claim for 2005, since no more than $2,000 total claim is allowed for both years combined ($1,000 if married filing separately); exemption amount indexed with inflation at line 7; phaseout thresholds indexed with inflation at line 10; instruction for line 11 changed and line 15 added to reflect the fact that only two-thirds of regular exemptions are now subject to phaseout for high income; line reference changes.

Sch. D Tax Worksheet

6/23/2006

11/8/2006

See Schedule D instructions

Worksheet is on page D-10 of IRS 2006 Instructions for Schedule D; references to Form 1040NR added to heading and worksheet lines 1, 2, and 37; tax brackets indexed with inflation at worksheet line 15.

Form 1040-ES

 --

12/30/2006

(form and instructions)

For the worksheet: Phaseout levels for itemized deductions and exemptions indexed with inflation at lines 2 and 4; reference to exemptions for Katrina victims you board removed at line 4; social security base and maximum social security tax increased at line 11; line 16 redesigned with a split into 16a and 16b and the addition of four check boxes to make the instructions for line 16 clearer (even though the requirements did not change); year reference changes throughout.

Form 1040X

7/21/2006

12/30/2006
(revised 2/9/2007)

(form)

(instructions)

Reference to Paperwork Reduction Act moved from address label area to bottom line of form; line A reworded and, accordingly, single box replaced by Yes and No boxes; exemption amount and its lowest phaseout threshold added at line 30 for 2006, and amounts for 2002 dropped; reference to line 6 of 2006 Form 8914 added at line 31. Form and instructions revised by the IRS on February 9, 2007: revision date changed to February 2007; reporting of federal telephone excise tax made a part of line 15, rather than being hidden in line 18; numerous errors in page references to the instructions corrected.

Form 8453 (for e-file)

5/30/2006

11/8/2006

(form and instructions)

Year digit in DCN changed; references to Form 1040EZ-T added at lines 4 and 6a; reference to Form 8888 added at line 6a; wherever a reference to a tax return is made, the phrase or request for refund is added, since a request for refund only (via Form 1040EZ-T), for those who do not have to file a return, can now be e-filed; year and line reference changes.

Form 8879 (for e-file)

9/29/2006

11/10/2006

(form and instructions)

Reference to Form 1040EZ-T added at line 4; wherever a reference to a tax return is made, the phrase or request for refund is added, since a request for refund only (via Form 1040EZ-T), for those who do not have to file a return, can now be e-filed; allowance for ERO to generate a PIN for a taxpayer indicated in the PIN areas of the form; year and line reference changes.

Form 1065 (for partnerships)

11/30/2006

12/28/2006

(form)

(instructions)

Line J added to page 1 to indicate whether Schedule M-3 is required; line 23 added to page 1 to claim credit for federal telephone excise tax paid, referring to the new Form 8913; bottom of page 2 raised to ensure proper printing of signature block (which was a problem only with IRS-produced 2005 Form 1065, not Tax Preparer's); reference to credit recapture removed from line 15f of page 3 (IRS intent is unclear on this form, since Credit Recapture still appears in the title for this section of Form 1065, but a look at the draft of Schedule K-1 reveals the intent to move credit recapture to line 20); note above Schedule L on page 4 (relating to Question 5 of Schedule B) removed, and new note added above Schedule M-1 referring to the new Schedule M-3 (which is now required for some partnerships instead of Schedule M-1).

Schedule D (Form 1065)

6/15/2006

12/23/2006

(form and instructions)

No change in form other than tax year designation. Instructions highlight tax law changes that allow certain music works to be treated as capital assets and allow exclusion of certain qualified dividends for community assets held more than 5 years.

Schedule K-1 (Form 1065)

10/27/2006

12/30/2006

(form)

(instructions)

No change on page 1 other than tax year designation; several of the references to specific lines on other forms are replaced by a general reference to Partner's Instructions; several codes for line 15 moved to line 20 -- including those for non-realty rehabilitation expenses, basis of energy property, and all codes for credit recapture -- and several other codes redesignated as a result; a code for interest expense for corporate partners added to line 20.

Form 8825 (for partnerships)

6/9/2006

12/15/2006

(form and instructions)

No change in the body of the form, but the tax year designation has been replaced by a revision date of 12-2006, and instructions indicate that this form will no longer be changed annually.