Total tax is on 1040 line 15. Where are you seeing to subtract line 13 from 46?
heres 1040
https://www.irs.gov/pub/irs-pdf/f1040.pdf
Total tax is on 1040 line 15. Where are you seeing to subtract line 13 from 46?
heres 1040
https://www.irs.gov/pub/irs-pdf/f1040.pdf
FAFSA wants income tax amount. It directs you to subtract line 13 from 46.
What tax year is FAFSA referring to and what form is FAFSA referring to? Subtracting Line 13 from Line 46 does not make any sense for a 2018 tax return or for a 2017 tax return.
The OP appears to be referring to this instruction: "
| U.S. Income Tax Paid | 2018 IRS Form 1040 Line 13 minus Line 46 of Schedule 2 (Form 1040) |
" See
@madriz69, the reference to "Form 1040 Line 13" is to https://www.irs.gov/pub/irs-pdf/f1040.pdf and the reference to "Line 46 of Schedule 2 (Form 1040)" is actually to a different form - see https://www.irs.gov/pub/irs-pdf/f1040s2.pdf
So if you don't have a schedule 2 there is nothing to subtract.
me and my wife did joint filling 2018, and she is applying for fafsa today and this question came up for her, i tried to find but can't see where is this schedule 2,my return doesn’t have schedule 2 line 46 can anyone help on this what to do?
The tax return forms for 2018 have a Form 1040 and six possible schedules. Some people do not need ANY of those six schedules, and some people need only one or maybe a few of them. If you do not have a schedule 2 it is because your tax situation did not require it. What EXACTLY are you trying to find on that schedule?
Here is what schedule 2 looks like:
My wife is trying to apply for a https://studentaid.ed.gov/sa/fafsa fafsa student aid, in that while filling online ,theres a questions saying
Enter the amount of your(and your spouse's) income tax of 2018.This is the total amount of IRS Form 1040
line 13 minus schedule 2-line 46
so we are not sure what to enter
@sravan2813 wrote:
My wife is trying to apply for a https://studentaid.ed.gov/sa/fafsa fafsa student aid, in that while filling online ,theres a questions saying
Enter the amount of your(and your spouse's) income tax of 2018.This is the total amount of IRS Form 1040
line 13 minus schedule 2-line 46
so we are not sure what to enter
Schedule 2, line 46 is the "Excess advance premium tax credit from form 8962" (Heath care credit). If yiu do not have any such credit and no schedule 2, then that amount would be zero so the answer is line 13 minus zero is line 13.
I do not have my schedule 2. To complete paperwork for FASFA for my daughter. How can I get it.
@Jwesnoski It is always fun to try and guess what people want when they post little one or two word stuff.
You can get a free transcript from the IRS:
https://www.irs.gov/individuals/get-transcript
How do I get a copy of a return I prepared using desktop TurboTax?
For Fafsa.....If you don't have schedule 2 there is nothing to subtract from line 13.
"what if line 13 on my tax form is blank ? "
Then you subtract zero, if that is what the instructions call for.
Please advise as there is still confusion surrounding question 85 on the FAFSA.
If there is 0/zero on 1040 line 13 and no schedule 2-line 46 what is to be entered ?
Is 0/zero to be entered?
The following is provided by fafsa.ed.gov none of which answer the issue of having nothing on line 13 and no schedule 2-line 46:
| Parents’ 2018 U.S. Income Tax Paid |
This is question 85 on the FAFSA.
The response indicates the amount of U.S. income tax paid as reported on the student’s parents’ 2018 income tax return. If the total is a negative amount, the amount reported should be zero (0).
If the student’s parents are “married/remarried” and filed a joint tax return, or are single, use the total of IRS Form 1040 line 13, minus line 46 of Schedule 2 and enter the amount.
If the parents filed separate tax returns, subtract line 46 of Schedule 2 from line 13 of IRS Form 1040 from both tax returns and enter the total amount.
If one or both parents will file a federal tax return, but have not yet filed, subtract line 46 of Schedule 2 from line 13 of IRS Form 1040 from both tax returns to estimate the amount.
The Parent Taxes Paid Calculator can be used to estimate the total taxes paid if a 2018 tax form will be filed, but has not yet been completed.
If the student is Dependent, the response cannot be blank unless the student’s parents will not file a tax return.
Line 46 is the excess premium tax credit repayment. If there was not an amount for that, then schedule 2 would likely not be included with the tax return.
The total of schedule 2 would be included in the amount on line 11 of form 1040. You might see the tax amount on line 11(a), and if line 11 is the same amount, then there would be nothing on line 46 of schedule 2.
More than likely, there is no entry on line 46 of your return, so you would enter the amount on line 13, which appears to be -0- in your case.
This was extremely helpful! It solved a massive headache I had looking for schedule 2 in mine and my parent's tax returns. Haha!
Mine is blank too and I don't have a Schedule 2, so I guess $0 is fine? It bothers me because when I check my SAR, it shows up as with an "h" and next to it, it says,"$0 ASSUMED".
Hey. I need help please. The total amount of IRS Form 1040-line 13 is 0, and Schedule 2-line 46 is 600, so what will be the amount of my parents' income tax for 2018?
Is it 600 or 0?
Line 15 on your 2018 form 1040 would be your total income tax.
Thanks a lot for your answer. Again, are you sure, I will just type the amour of line 15 from 1040? Or I need to subtract line 13 of form1040 from Schedule 2 (line 46)?
Because if I enter the amount of your income tax for 2018. This is the total amount of IRS Form 1040-line 13 minus Schedule 2-line 46, then the amount doesn't come same which is in the line 15 of form 1040!