This version of the form is not currently in use and is provided for reference only. Download this version of IRS Form 1040 Schedule 1 for the current year.
This is a tax form that was released by the Internal Revenue Service (IRS) - a subdivision of the U.S. Department of the Treasury. The document is a supplement to IRS Form 1040, U.S. Individual Income Tax Return. As of today, no separate filing guidelines for the form are provided by the IRS.
Q: What is IRS Form 1040 Schedule 1?
A: IRS Form 1040 Schedule 1 is a form used to report additional income and make adjustments to income on your federal tax return.
Q: What kind of additional income should be reported on Schedule 1?
A: You should report additional income such as unemployment compensation, rental income, self-employment income, and other types of supplemental income on Schedule 1.
Q: What are the types of adjustments to income that can be made on Schedule 1?
A: Adjustments to income on Schedule 1 include deductions for student loan interest, self-employment tax, health savings account contributions, and other expenses.
Q: Is Schedule 1 required for everyone?
A: No, Schedule 1 is not required for everyone. You only need to file Schedule 1 if you have additional income or need to make adjustments to income.
Form Details:
Download a fillable version of IRS Form 1040 Schedule 1 through the link below or browse more documents in our library of IRS Forms.