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SCHEDULE 1 Role and Responsibilities of Board of Trustees The Board of Trustees has oversight responsibility of the Plan and may delegate authority or responsibility for activities, including the
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Schedule 1 is a form used to report additional income or adjustments to income that are not included on the Form 1040.
Taxpayers who have additional income or adjustments to income that are not included on the Form 1040 are required to file Schedule 1.
To fill out Schedule 1, taxpayers need to follow the instructions provided on the form and enter the required information accurately.
The purpose of Schedule 1 is to ensure that all additional income or adjustments to income are properly reported to the IRS.
The information that must be reported on Schedule 1 includes additional income such as business income, rental income, and unemployment compensation, as well as adjustments to income such as educator expenses and student loan interest.
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