Form 1040 Schedule 1 PDF by U.S. Internal Revenue Service
This document is IRS Schedule 1 (Form 1040), used by individual taxpayers to report various types of additional income that are not directly listed on the main Form 1040. It also allows taxpayers to claim certain adjustments to income, which can reduce their taxable income. This schedule helps in calculating the total income and adjustments before transferring the final amounts to Form 1040.
SCHEDULE 1
(Form 1040)
Department of the Treasury
Internal Revenue Service
OMB No. 1545-0074
2024 Attachment Sequence No. 01
Additional Income and Adjustments to Income
Attach to Form 1040, 1040-SR, or 1040-NR.
Go to www.irs.gov/Form1040 for instructions and the latest information.
Name(s) shown on Form 1040, 1040-SR, or 1040-NR | [taxpayer name] |
Your social security number | [taxpayer ssn] |
For 2024, enter the amount reported to you on Form(s) 1099-K that was included in error or for personal items sold at a loss
Note: The remaining amounts reported to you on Form(s) 1099-K should be reported elsewhere on your return depending on the nature of the transaction. See www.irs.gov/1099k.
Part I Additional Income
1 Taxable refunds, credits, or offsets of state and local income taxes | [____] |
2a Alimony received | [____] |
2b Date of original divorce or separation agreement (see instructions): | |
3 Business income or (loss). Attach Schedule C. | [____] |
4 Other gains or (losses). Attach Form 4797 | [____] |
5 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E. | [____] |
6 Farm income or (loss). Attach Schedule F | [____] |
7 Unemployment compensation | [____] |
8 Other income: | |
8a Net operating loss | ( [____] ) |
8b Gambling | [____] |
8c Cancellation of debt | [____] |
8d Foreign earned income exclusion from Form 2555 | ( [____] ) |
8e Income from Form 8853 | [____] |
8f Income from Form 8889 | [____] |
8g Alaska Permanent Fund dividends | [____] |
8h Jury duty pay | [____] |
8i Prizes and awards | [____] |
8j Activity not engaged in for profit income | [____] |
8k Stock options | [____] |
8l Income from the rental of personal property if you engaged in the rental for profit but were not in the business of renting such property | [____] |
8m Olympic and Paralympic medals and USOC prize money (see instructions) | [____] |
8n Section 951(a) inclusion (see instructions) | [____] |
8o Section 951A(a) inclusion (see instructions). | [____] |
8p Section 461(l) excess business loss adjustment | [____] |
8q Taxable distributions from an ABLE account (see instructions) | [____] |
8r Scholarship and fellowship grants not reported on Form W-2. | [____] |
8s Nontaxable amount of Medicaid waiver payments included on Form 1040, line 1a or 1d | ( [____] ) |
8t Pension or annuity from a nonqualifed deferred compensation plan or a nongovernmental section 457 plan | [____] |
8u Wages earned while incarcerated | [____] |
8v Digital assets received as ordinary income not reported elsewhere. See instructions | [____] |
8z Other income. List type and amount: | [____] |
9 Total other income. Add lines 8a through 8z | [____] |
10 Combine lines 1 through 7 and 9. This is your additional income. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 8 | [____] |
For Paperwork Reduction Act Notice, see your tax return instructions.
Part II Adjustments to Income
11 Educator expenses | [____] |
12 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 | [____] |
13 Health savings account deduction. Attach Form 8889 | [____] |
14 Moving expenses for members of the Armed Forces. Attach Form 3903 | [____] |
15 Deductible part of self-employment tax. Attach Schedule SE | [____] |
16 Self-employed SEP, SIMPLE, and qualified plans. | [____] |
17 Self-employed health insurance deduction | [____] |
18 Penalty on early withdrawal of savings | [____] |
19a Alimony paid. | [____] |
19b Recipient's SSN | |
19c Date of original divorce or separation agreement (see instructions): | |
20 IRA deduction | [____] |
21 Student loan interest deduction | [____] |
22 Reserved for future use | [____] |
23 Archer MSA deduction | [____] |
24 Other adjustments: | |
24a Jury duty pay (see instructions) | [____] |
24b Deductible expenses related to income reported on line 8l from the rental of personal property engaged in for profit | [____] |
24c Nontaxable amount of the value of Olympic and Paralympic medals and USOC prize money reported on line 8m | [____] |
24d Reforestation amortization and expenses | [____] |
24e Repayment of supplemental unemployment benefits under the Trade Act of 1974 | [____] |
24f Contributions to section 501(c)(18)(D) pension plans. | [____] |
24g Contributions by certain chaplains to section 403(b) plans | [____] |
24h Attorney fees and court costs for actions involving certain unlawful discrimination claims (see instructions) | [____] |
24i Attorney fees and court costs you paid in connection with an award from the IRS for information you provided that helped the IRS detect tax law violations | [____] |
24j Housing deduction from Form 2555 | [____] |
24k Excess deductions of section 67(e) expenses from Schedule K-1 (Form 1041) | [____] |
24z Other adjustments. List type and amount: | [____] |
25 Total other adjustments. Add lines 24a through 24z | [____] |
26 Add lines 11 through 23 and 25. These are your adjustments to income. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 10 | [____] |
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