Schedule 3 is automatically generated by TurboTax as part of the 1040 if you have any of a number of credits or other payment or refundable credits. If you have one of these items, then the IRS requires the form.
Items on Schedule 3 include:
- Credit for child and dependent care expenses
- Education credits
- Retirement savings contributions credit
- Residential energy credits
- Net premium tax credit
- and other payments and credits
You can see a copy of the IRS form for Schedule 3 at the IRS website.
If you manage to remove Schedule 3, it will be because you removed a credit that you deserved, thus increasing your tax or reducing your refund.
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