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SCHEDULE 1OMB No. 15450074Additional Income and Adjustments to Income(Form 1040) Department of the Treasury Internal Revenue Service Go19b 10 11 12 13 14 15a 16a 17 18 19 20a 21 22Adjustments to Income23
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How to fill out 2018 schedule 1
How to fill out 2018 schedule 1
01
To fill out the 2018 Schedule 1, follow these steps:
02
Start by entering your personal information, such as your name, address, and Social Security Number.
03
Include any additional income you received during the year that is not already reported on your main tax form. This may include income from rental properties, self-employment, or investments.
04
Report any adjustments to income that you are eligible for, such as educator expenses, student loan interest deduction, or health savings account contributions.
05
Calculate and report your total additional income and adjustments to income on the appropriate lines.
06
Review your completed Schedule 1 and make sure all information is accurate.
07
Attach the Schedule 1 to your main tax form when filing your taxes.
08
Keep a copy of your completed Schedule 1 for your records.
09
Note: The instructions on the Schedule 1 form can provide additional guidance and specific line instructions.
Who needs 2018 schedule 1?
01
Anyone who has additional income or adjustments to income that are not already reported on their main tax form may need to fill out the 2018 Schedule 1.
02
Examples of individuals who may need to include Schedule 1 are those who have rental income, self-employment income, capital gains or losses from investments, educator expenses, student loan interest deductions, or health savings account contributions.
03
It is important to review the instructions for Schedule 1 or consult a tax professional to determine if you need to fill out this form.
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What is schedule 1?
Schedule 1 is a form used by taxpayers to report additional income, adjustments, and credits to their tax return.
Who is required to file schedule 1?
Taxpayers with specific types of additional income, adjustments, or credits are required to file schedule 1.
How to fill out schedule 1?
Taxpayers can fill out schedule 1 by providing accurate information about their additional income, adjustments, and credits.
What is the purpose of schedule 1?
The purpose of schedule 1 is to ensure that taxpayers accurately report all necessary information for their tax return.
What information must be reported on schedule 1?
Information such as additional income, adjustments to income, and credits must be reported on schedule 1.
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