How do you add "SCH" to the left of wording on 1040, Line 1?

If filing Form 1040 (PDF) or Form 1040-SR (PDF), include the taxable portion in the total amount reported on the "Wages, salaries, tips" line of your tax return. If the taxable amount wasn't reported on Form W-2, enter "SCH" along with the taxable amount in the space to the left of the "Wages, salaries, tips" line.

What types of income and adjustments must be reported on Form 1040 Schedule 1?

The first part of Schedule 1 is Additional Income. This can include alimony, gambling, business revenue, tax refund, cancellation of debt, and more. All income in Part I is totaled and goes on Form 1040. Part II is Adjustments to Income. It includes eligible expenses and deductions that offset income from Part I.

What is Form 1040 Schedule 1?

Form 1040 Schedule 1 is used to report certain types of income that aren't listed on the main 1040 form. It's also used to claim some tax deductions. What is IRS Form 1040 Schedule 1? For information on the third coronavirus relief package, please visit our “ American Rescue Plan: What Does it Mean for You and a Third Stimulus Check ” blog post.