Fortunately, DeGeneres tells Renee Montagne, she has a secret method of preparation: Lots of sit-ups.

NPR: Sit Up and Watch: Ellen Is Hosting the Oscars

The IRS also expects taxpayers to save more than 1.6 million hours per year in tax preparation time from this simpler calculation method.

WHITEHOUSE: The Home Office Tax Deduction: Simplifying Rules And Helping Small Business Owners Succeed | The White House