zpostcode
Tax schedules and forms related to Form 1040, U.S. Individual Tax Income Tax Return
Apr 26, 2025 8:44 AM

  

Tax schedules and forms related to Form 1040, U.S. Individual Tax Income Tax Return1

  It’s time to file taxes again this year. You might prepare your taxes yourself or have a tax preparer help you. But as your return gets more complex—maybe thanks to your investments, or your home business, or your kids’ college expenses—more schedules and forms will be needed to help report your income and deductions to the IRS.

  The individual income tax return is called a Form 1040. There are several related “schedules,” which are simply further ways of organizing the information that’s needed for your tax return, depending on your specific situation. There are also additional forms that contribute information to those schedules, whether by adding documentation or helping to perform calculations. The IRS uses both numbers and letters to label the schedules related to the Form 1040, while forms are labeled with a numbering system.

  There are more than 15 schedules and 100 forms that relate to the Form 1040 (your tax return). A basic knowledge of these forms and schedules will help you prepare your taxes.

  Tax schedules related to IRS Form 1040, U.S. Individual Income Tax ReturnSchedule A, Itemized Deductions is used to calculate your itemized deductions if you don’t take the standard deduction. Deductions include certain medical and dental expenses that are over 7.5% of your AGI; taxes you paid for state and local income (or state and local sales taxes, in some cases); real estate taxes and personal property taxes (total taxes are limited to $10,000 when filling out Schedule A); interest you paid; gifts to charity; and casualty and theft losses.

  Schedule B, Interest and Ordinary Dividends is generally used if you had over $1,500 in taxable interest or ordinary dividends.

  Schedule C, Profit or Loss from Business (sole proprietorship) is used to calculate income and expenses pertaining to a business you run for profit. You’ll need to file Schedule SE (see below) to calculate self-employment tax on your Schedule C net income.

  Schedule D, Capital Gains and Losses is used to report the sale, exchange, or involuntary conversion of capital assets.

  Schedule E, Supplemental Income and Loss is used to report income or loss from estates, trusts, S corporations, partnerships, rental real estate, and related investments.

  Schedule EIC, Earned Income Credit is used to calculate the Earned Income Credit, if you qualify.

  Schedule H, Household Employment Taxes is used to report taxes for household workers, including babysitters, maids, nannies, nurses, yard workers, cleaning staff, caretakers, drivers, cooks, housekeepers, etc., whom you hired independently and paid more than $2,600 in cash.

  Schedule J, Income Averaging for Farmers and Fishermen is used for farmers and fishers whose income varied over a period of three years.

  Schedule R, Credit for the Elderly or the Disabled is used if you are 65 or older, or you are totally disabled and received disability income.

  Schedule SE, Self-Employment Tax is used to calculate taxes on the sole proprietor net income calculated on Schedule C.

  Schedule 1, Additional Income and Adjustments to Income is used to report additional income that was not already reported on a W-2 or 1099. Examples might include unemployment compensation, prize money, award money, or business or farm income or loss. This form also is used to report adjustments to income, which might include self-employment tax, educator expenses, or student loan interest.

  Schedule 2, Additional Taxes is used to report taxes other than calculated income tax. Examples include alternative minimum tax, self-employment tax, household employment taxes, or additional tax on retirement plans.

  Schedule 3, Additional Payments and Credits is used to claim certain tax credits such as the foreign tax credit, education credits, or the general business credit. Other payments made, such as those with an extension to file, are also reported on Schedule 3.

  Schedule 8812, Credits for Qualifying Children and Other Dependents is used to calculate child tax credits, dependent credits, and additional child tax credits.

  Does anyone use Schedule A anymore?One of the purposes of the 2017 Tax Cuts and Jobs Act was to raise the standard deduction. Before 2018, it was common for taxpayers to itemize deductions on Schedule A if they paid mortgage interest and/or real estate taxes, or had high charitable contributions. With the increased standard deduction, though, fewer people now use Schedule A and instead choose to use the standard deduction. According to the IRS, 30% of tax returns itemized deductions in 2016 before the Tax Act, whereas only 9.3% of returns filed a Schedule A in 2020 after the Tax Act.

  So many forms …In addition to schedules, some details relating to your Form 1040 tax return are reported on forms. There are more than 100 forms directly related to the Form 1040. They range in topics, including underpayment of estimated tax; alternative minimum tax; low income housing credits; adoption credits; and energy credits. Here are some commonly used forms:

  Form 2441, Child and Dependent Care Expenses is used if you paid someone to care for your child or dependent while you worked.Form 4868, Application for Automatic Extension of Time to File is used to file for an extension.Form 8829, Expenses for Business Use of Your Home is used to calculate which expenses are allowed when using your home as your business.Form 8863, Education Credits is used to claim either the American Opportunity Credit or the Lifetime Learning Credit when you spend money on qualified education expenses.The bottom lineThere are so many tax schedules and forms related to an IRS Form 1040 that it might seem overwhelming. If you are using tax software or a paid tax preparer, the correct schedules should be automatically completed for you.

  But in the end, you’re the one signing your tax return to attest that it’s correct. So do your research and make sure you feel comfortable with your tax return and all of its schedules and forms. And remember to keep those documents and worksheets for at least three years, according to the IRS.

Comments
Welcome to zpostcode comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Recommend >
A Fine Balance
     Rohinton Mistry Rohinton Mistry, author of A Fine Balance (1995), in 2003. (more) A Fine Balance novel by Mistry Ask the Chatbot a Question Ask the Chatbot a Question Written by Patricia McManus Patricia McManus teaches courses on English literary and cultural history at the University of Sussex. She is a contributor to 1001 Books You Must Read Before...
’Ndrangheta
  ’Ndrangheta organized crime Ask the Chatbot a Question Ask the Chatbot a Question Written by Adam Volle Adam Volle is a freelance writer and editor based in Atlanta, Georgia. Adam Volle Fact-checked by The Editors of Encyclopaedia Britannica Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that...
Special needs trust: 8 steps to securing a plan for future care
     Protecting your greatest assets: Your family.© Halfpoint/stock.adobe.comIf you are caring for a family member with special needs or facing a diagnosis that may require special care, your responsibilities extend beyond today’s needs. Establishing a plan now will help ensure access to resources, care, and financial stability even as circumstances change.    Estate planning isn’t just for wealthy people—it’s essential for...
Amit Shah
     Amit Shah Indian politician and Bharatiya Janata Party (BJP) leader Amit Shah. (more) Amit Shah Indian politician Ask the Chatbot a Question Ask the Chatbot a Question Also known as: Amitbhai Anilchandra Shah Written by Gitanjali Roy Gitanjali Roy is senior editor, Encyclopaedia Britannica. She has over two decades of editorial experience across digital and broadcast media. Gitanjali Roy...
Information Recommendation
Battle of Santa Cruz de Tenerife
     Admiral Robert Blake In 1657, Admiral Robert Blake destroyed a Spanish treasure fleet in a daring raid at Santa Cruz de Tenerife in the Canary Islands. © The Print Collector—Hulton Archive/Getty Images (more) Battle of Santa Cruz de Tenerife European history [1657] Ask the Chatbot a Question More Actions Print Cite verifiedCite While every effort has been made to...
omalizumab
  omalizumab drug Ask the Chatbot a Question Ask the Chatbot a Question Written by Kara Rogers Kara Rogers is the senior editor of biomedical sciences at Encyclopædia Britannica, where she oversees a range of content from medicine and genetics to microorganisms. She joined Britannica in 2006 and... Kara Rogers Fact-checked by The Editors of Encyclopaedia Britannica Encyclopaedia Britannica's editors oversee...
Priyanka Gandhi Vadra
  Priyanka Gandhi Vadra Indian politician Ask the Chatbot a Question Ask the Chatbot a Question Written by Gitanjali Roy Gitanjali Roy is senior editor, Encyclopaedia Britannica. She has over two decades of editorial experience across digital and broadcast media. Gitanjali Roy Fact-checked by The Editors of Encyclopaedia Britannica Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge,...
Tony Dungy
     Tony Dungy Legendary NFL coach Tony Dungy, 2008. (more) Tony Dungy American football coach and player Ask the Chatbot a Question Ask the Chatbot a Question Also known as: Anthony Kevin Dungy Written by Fred Frommer Fred Frommer is a sports historian, author, and writer who has written for a host of national publications. Fred Frommer Fact-checked by The...
Medicare Part D: Navigating prescription drug coverage
     Need drug coverage? The race is on.© Ljupco Smokovski/stock.adobe.com, © nuruddean/stock.adobe.com; Photo illustration Encyclopædia Britannica, Inc.Medicare Part D provides prescription drug coverage for anyone age 65 and older who is enrolled in Medicare. Alongside Part A for hospital expenses and Part B for outpatient services, Part D is an important component of health care for millions of older adults....
A24
     A24 film Everything Everywhere All at Once (2022), directed by Dan Kwan and Daniel Scheinert (From left) Stephanie Hsu, Michelle Yeoh, and Ke Huy Quan in Everything Everywhere All at Once, which won seven Oscars. (more) A24 American film and television company Ask the Chatbot a Question Ask the Chatbot a Question Also known as: A24 Films LLC Written...
Fixed vs. variable annuity: Choosing the right option for your retirement goals
     Slow but steady or fast but volatile?© EcoView/stock.adobe.com, © byrdyak/stock.adobe.com; Photo illustration Encyclopædia Britannica, Inc.Fixed and variable annuities are insurance products that can each provide a steady stream of income for life, although they achieve that aim differently.   Fixed annuities appeal to savers who are seeking predictable income based on a fixed interest rate. This is ideal for retirees...
Ethan Frome
     Edith Wharton Edith Wharton, author of Ethan Frome (1911), about 1895. (more) Ethan Frome novella by Wharton Ask the Chatbot a Question Ask the Chatbot a Question Written by Andrzej Gasiorek Andrzej Gasiorek is a Reader in twentieth-century English literature at the University of Birmingham, where he has been teaching for the last twelve years. He is the author...