

Taxpayers who owe taxes in addition to standard income taxes such as self-employment taxes.Taxpayers who need to repay a portion of a tax credit for the health insurance marketplace.

High-income taxpayers who owe alternative minimum tax (AMT).What is IRS Form Schedule 2?įorm 1040 Schedule 2 includes two parts: "Tax" and "Other Taxes." Taxpayers who need to complete this form include: After listening to feedback from tax professionals, the IRS condensed some of the schedules into a revised Form 1040 Schedule 2 for tax year 2019 and later. These schedules are additional documents that are attached to Form 1040 to provide information that's no longer included directly on Form 1040. To simplify things, the IRS created a simplified Form 1040 with several schedules. Prior to tax year 2018, there were three choices for 1040 Forms: 1040, 1040A and 1040EZ. Here's what to know about the current Form 1040 Schedule 2. While you may have filling out Form 1040 in mind, you may also need to report certain income on an additional form, or schedule. Your annual income tax return is no exception. For various reasons, tax forms are constantly changing.
