What are the schedules that go with Form 1040?

by TurboTax•586• Updated 3 months ago

Select each schedule to learn more.

Schedule 1: Additional Income and Adjustments to Income

IRS Schedule 1 lists additional income sources such as taxable state refunds, business income, alimony received, and unemployment compensation.

Adjustments include HSA deductions, self-employed health insurance, student loan interest, IRA contributions, and alimony paid, to name a few.

Schedule 2: Additional Taxes

IRS Schedule 2 primarily deals with the Alternative Minimum Tax (AMT), Advance Premium Tax Credit, and non-income taxes, such as the self-employment tax.

Schedule 3: Additional Credits and Payments

IRS Schedule 3 covers nonrefundable credits (such as the foreign tax credit and the credit for child and dependent care expenses), estimated tax payments and payments made with filing extensions, and the premium tax credit.

You can view PDFs of each schedule at the IRS website.