2018 Tax Year (Schedule 1) Adjustments to Income

This Blog will explain the Schedule 1 – Adjustments to Income categories that are available to Taxpayers for the 2018 Tax Year.


Line 23: Educator Expenses

Line 24: Certain business expenses of reservist, performing artists, and fee-based government officials. Attach form 2106.

Line 25: Health savings account deduction. Attach Form 8889.

Line 26: Moving expenses for members of the armed forces. Attach form 3903.

Line 27: Deductible part of self-employment tax. Attach Schedule SE

Line 28: Self-employed SEP, SIMPLE and qualified plans

Line 29: Self-employed health insurance deduction

Line 30: Penalty on early withdrawal of savings

Line 31a: Alimony paid & Line 31b: Recipient’s SSN

Line 32: IRA deduction

Line 33: Student loan interest deduction

Line 34: Reserved

Line 35: Reserved

Line 36: Add lines 23 through 35

Line 37: Subtract line 36 from line 22. Enter here and on Form 1040, line 6


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Legal Disclaimer: Nothing written or expressed in this Blog shall be construed as legal, accounting, or tax advice. This Blog is for informational purposes only, to inform Individuals about the IRS tax forms required to file an individual tax return, and the instructions that accompany such IRS tax forms.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any tax transaction or filing any tax form.