Good morning, everyone! This is Med City CPA, and I'm currently reading through the IRS Publication for form 012. This publication covers the Vida TC e program's scope of services. On page 7, there's a helpful guide that lists all the common information reporting source documents and indicates which line of the new form 1040 or the new schedules they should be listed on. For example, if you have wages, salaries, or tips, they go on line 1 of the form 1040. Schedule 1 is where you should include any 1099 G's for taxable state and local refunds. The guide spans several pages and provides useful information for the tax season. However, it's important to note that it's not all-inclusive. I'm sure this guide will be helpful to me during tax season, and perhaps others will find it useful as well. I have a few questions myself. For instance, I received a 1099 miscellaneous for rental real estate income. Does that go on Schedule 1? Additionally, I received a 1099 Q for distributions from a 529 plan. Where should I include this information? The new form 1040 has gone through significant changes, transitioning to a postcard format and eliminating the 1040 EZ and the 1040 A. For most taxpayers, it now fits on a small postcard. If you have education credits such as the 1098-t, you would report them on Schedule 3. There are also sections for other items like the 1099 R for additional tax on IRAs. I hope this information is helpful to you. If you itemize, you'll need to refer to Schedule A. Feel free to check out the link in the description for more details. I'm currently on pages 7, 8, and 9 of the publication. Hopefully, this helps everyone out.
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