IRS Form 1040 Schedule 1 - Intro to the Different Fields
Taxpayer's should include Schedule 1 with their Form 1040 if they have additional income and adjustments to income that are not otherwise reported directly on Pages 1 & 2 of the Form 1040 tax return.
In this video, I highlight the main pieces for Schedule 1 and what additional forms and schedules may be required.
Schedule C: https://youtu.be/EvWPC5CHHQE
IRS Form 8889: https://youtu.be/f0ldHvce_24
Student Loan Interest: https://youtu.be/QJNY02cZlCs
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#IRS #Form1040 #Schedule1
DISCLAIMER: I am a licensed attorney and certified public accountant (CPA) in the State of Florida. I am not a financial advisor. The information provided in this video is for entertainment purposes only. No such communication is provided in the course of an attorney-client relationship, and no communication is intended to constitute legal advice. You should speak with your own tax and legal professionals to discuss your circumstances before performing any of the tax, legal or accounting strategies demonstrated in this video. Thank you.
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