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Supplemental Income and Loss SCHEDULE E Form 1040 Department of the Treasury Internal Revenue Service 99 Names Shown on Return P

Supplemental Income and Loss SCHEDULE E Form 1040 Department of the Treasury Internal Revenue Service 99 Names Shown on Return P

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Video instructions and help with filling out and completing Supplemental Income And Loss SCHEDULE E Form 1040 Department Of The Treasury Internal Revenue Service 99 Names Shown On Return Part I OMB No

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Instructions and help about Supplemental Income And Loss SCHEDULE E Form 1040 Department Of The Treasury Internal Revenue Service 99 Names Shown On Return Part I OMB No

I'm Bradford with B SC of personal finance in this video we're going to be covering IRS form 1040 schedule 1 part one I'm going to be walking you through line by line in this section to help you understand exactly what information goes in what line so that way you know if you have income that actually needs to be reported on this schedule or not so let's jump into that form and get started so here we have form 1040 schedule 1 first part you're just going to copy over whatever your name is your legal name that's on your 1040 and that's going to go in the top box as well as your social security number and then we have line one this to be taxable refunds credits or offsets of State local taxes basically if in the year that you PID the tax you either didn't itemize the deductions or you elected to deduct state and local general sales tax instead of state and local income taxes this income is non taxable but if you do the oppos

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