[REG] Schedule 1. Additional income and adjustment to income

Part1. Additional Income

1. Taxable refund

2. Alimony received

3. Business income/loss Sch C

4. Other gains or losses 4797(Sales of Business Property)

5. Rental real estate, royalties, partnerships, S corporations, trust, Sch E

6. Farm income Sch F

7. Unemployment compensation

8. Other income

a. Net operating loss

b. Gambling

c. cancellation of debt

d. foreign earned income

h. jury duty pay

i. prizes and awards

k. stock options

r. Scholarship and fellowship grants not reported on form w-2

9. add all 8

10. combine 1 to 7 and 9, additional income > 1040 line 8

 

 

Part. 2

11. Educator expenses

13. Health savings account deduction

14. moving expenses

15. Deductible part of self-employment tax, attach sch SE

16. SEP, SIMPLE, qualified plans

      SEP: ( SE income - 50% of SE tax ) *20%

17. self-employed health insurance deduction

18. penalty on early withdrawal of savings

19. Alimony paid

     * property settlement/ property division not taxable

20. IRA deduction

spouse active participant phase-out range, AGI 123K

spouse not an active participant, but married phase-out range 230K

 

21. Student loan int deduction 2.5K

24. other adjustments

f. contributions to section 501 pension plans

k. Excess deductions of sec 67 expenses f sch K-1

25. Total other adjustments. add lines 24a to 24z

26. Add lines 11 through 23