SharonD007
Expert Alumni

Retirement tax questions

TurboTax doesn't create Schedule 2 unless you need one. Schedule 2 includes two parts: "Tax" and "Other Taxes." Taxpayers who need to complete this form include:

  • high-income taxpayers who owe alternative minimum tax (AMT)
  • taxpayers who need to repay a portion of a tax credit for the health insurance marketplace
  • taxpayers who owe taxes in addition to standard income taxes such as self-employment taxes

 

For more information, refer to the TurboTax article What is IRS Form 1040 Schedule 2?

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