The 1040PC return is available to individual taxpayers and professional preparers
nationwide. All that is needed to print a 1040PC return is a personal computer, a
printer, plain white paper and IRS-accepted tax preparation software. This means that
the software vendor has submitted the package developed to feature the 1040PC to the
IRS for testing. Once the IRS deems the software to be acceptable, it assigns a software
code to the vendor which is embedded into the software program before it is released
for use. The software code (SC) prints in the “ADD INFO” (Additional Information) section of every 1040PC return generated from the package
(See E01804.070, "ADD INFO" section of the 1040PC printout).
The tax information prints in a three column per page format. All of the taxpayer
information is reported but none of the explanatory language or unused lines and columns
from the conventional forms or schedules are printed. All supporting tax forms and
schedules required for the tax return print in the 1040PC format as well. The only
additional pages that may be physically submitted with the return are W-2's, W-2-G's
and 1099R's and informational documents requiring a signature other than the taxpayer's,
such as a doctor's certificate or Power of Attorney.
The 1040PC return contains the same penalties for perjury statement that is present
on the conventional Form 1040 return. Additionally, there is a statement regarding
direct deposit elections. Finally, there is a signature line for both the primary
filer and spouse, and if applicable, the professional preparer. If the 1040PC is prepared
by a paid professional, the preparer's information must print on the 1040PC return.
The 1040PC format cannot be used to report the following:
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Non-resident alien, or dual-status alien returns;
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Prior year or decedent returns;
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Amended or corrected returns; or
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Foreign address returns and returns with special considerations, like one with an
IRS waiver.
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Returns containing a Form 2555, Foreign Earned Income or a Form 3903F, Foreign Moving
Expenses.