JulieS
Expert Alumni

Get your taxes done using TurboTax

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Line 8 of Form 1040 is your total from Schedule 1 and it includes:

 

  • Taxable refunds, credits, or offsets of state and local income taxes 
  • Alimony received 
  • Business income or (loss), from Schedule C 
  • Other gains or (losses) from Form 4797 
  • Rental real estate, royalties, partnerships, S corporations, trusts, etc. from Schedule E
  • Farm income or (loss) from Schedule F 
  • Unemployment compensation 
  • Net operating loss 
  • Gambling income 
  • Cancellation of debt 
  • Foreign earned income exclusion from Form 2555
  • Income from Form 8853 and Form 8889 
  • Alaska Permanent Fund dividends 
  • Jury duty pay 
  • Prizes and awards 
  • Activity not engaged in for profit income 
    Income from the rental of personal property if you engaged in the rental
    for profit but were not in the business of renting such property.
  • Olympic and Paralympic medals and USOC prize money 
  • And anything else that is taxable, but has no other designated entry on your tax return.

 

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