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posted Jun 5, 2019 11:30:14 PM

Where does the amount on line 33 of Schedule 1 show up on my tax return?

Where does the amount on line 33 of Schedule 1 show up on my tax return?

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1 Best answer
Intuit Alumni
Jun 5, 2019 11:30:14 PM

The numbers on Schedule 1 do not all show on the 1040. 

With the new 1040, the amount for student loan interest won't show as a separate line item. Instead, it is lumped into other amounts on Schedule 1. This amount is subtracted from line 6 of the 1040 and the RESULT is reported on line 7 of the 1040. 

1 Replies
Intuit Alumni
Jun 5, 2019 11:30:14 PM

The numbers on Schedule 1 do not all show on the 1040. 

With the new 1040, the amount for student loan interest won't show as a separate line item. Instead, it is lumped into other amounts on Schedule 1. This amount is subtracted from line 6 of the 1040 and the RESULT is reported on line 7 of the 1040.