What is Form 1040 Schedule 1?

Form 1040 Schedule 1 is used to report certain types of income that aren't listed on the main 1040 form. It's also used to claim some tax deductions. What is IRS Form 1040 Schedule 1?

Do I have to use Schedule 1 on Form 1040?

Once you have entered all of your various types of income on Schedule 1, the total is transferred to line 8 of Form 1040. You don't have to use Schedule 1 if all of your income comes from the five categories included on Form 1040: wages, interest and dividends, retirement income, Social Security benefits, or capital gains or losses.

How do I start a Schedule 1 tax return?

Before starting Part I, enter the taxpayer name or names as they appear on your federal income tax return, as well as your Social Security number. In the first part of Schedule 1, we will enter additional items of income that we cannot directly enter into IRS Form 1040. The amount from Line 10 goes to Line 8 on Form 1040, 1040-SR, or 1040-NR.