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Business & farm
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.
‎June 5, 2019
11:30 PM