1040PC Bites the Dust
The 1040PC format will not exist in the spring of 2001, and will therefore not appear as an option on computer programs that prepare tax returns. Instead, the IRS is recommending that taxpayers switch over to the e-file format.
President Clinton earlier this year promoted a $10 tax credit for taxpayers who file electronically. This credit has not come to pass, but may yet become law, thus providing another incenetive for taxpayers to use the electronic filing process.