Schedule 1 Additional Income and Adjustments to Income Flashcards
Where does the total amount from Schedule 1, Part 2 Adjustments to income go on the form 1040?
Schedule 1, line 26 the total adjustments to income goes on line 10 of schedule 1040.
Where does the total amount from Schedule 1, Part 1, line 10 Additional income go on the form 1040?
Schedule 1, line 10 the total additions to income goes on line 8 of schedule 1040.
Which lines are on Schedule 1, part 1, additional income?
Lines 1 -10
Which lines are on Schedule 1, part 2 , adjustments to income?
Lines 11 - 26
What are the letters on schedule 1, part 1 line 8 other income?
Letters are 8a - 8z.
Sch 1 Part 1 first 3 lines are?
The first three line are 1.) taxable refunds, credits or offsets of state and local income taxes, 2.) Alimony received plus the date of divorces or separation and 3.) Business Income or loss from Schedule C.
Schedule 1 Part 1 line 4 - 7 are?
Schedule 1 part 1 line 4-7 are 4.) Other gains and losses from 4797, 5.) (Rental real estate, royalties, partnerships, S corp, trust etc) from Schedule E, 6.) Farm Income from schedule F and 7.) Unemployment compensation from 1099-G.