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posted Jun 1, 2019 5:38:26 AM

Is my taxable income $0 if on line 27 of Form 1040A I had to put 0?

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1 Best answer
Expert Alumni
Jun 1, 2019 5:38:28 AM

Yes, Line 27 of Form 1040A represents your Taxable Income.  

If this line is $0, that means your Exemptions and Standard or Itemized Deductions reduced your Taxable Income to $0 or below.

1 Replies
Expert Alumni
Jun 1, 2019 5:38:28 AM

Yes, Line 27 of Form 1040A represents your Taxable Income.  

If this line is $0, that means your Exemptions and Standard or Itemized Deductions reduced your Taxable Income to $0 or below.