Most people remember their first love. I remember with fondness the first Form 1040 I prepared – which for me is really the same thing.
My first 1040 was the 1971 model (I can actually tell you the name of the taxpayer). This was back when a deduction was really worth something and everyone itemized. As we used to tell clients, "Uncle Sam will reimburse you for up to half of our fee!"
· Moving expense.
· Employee business expense, and
· Payments as a self-employed person to a retirement plan, etc.
· Investment credit, and
· Foreign tax credit.