How do I figure out why I have a Schedule 3 form?

Forum|Forum|6 years ago
June 5, 2019
1 reply
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I am trying to complete my taxes and it is saying that I have to upgrade to TurboTax Deluxe because I have a Schedule 3, Nonrefundable credit.

TurboTax Free Edition Online

ChristieB

Schedule 3 is a new form introduced by the IRS as part of the 2018 tax reform that reports the Nonrefundable Credits on your tax return. It is transferred from this form to your Form 1040, line 12 and includes Nonrefundable Education Credits, the Child and Dependent Tax Credit, and the Retirement Savings Contributions Credit.

I have attached a screenshot below that shows the items that are included.

**Edited to add: You can view a preview of your Schedule 3 with your specific credits listed if you take the steps below:

When logged into TurboTax Online:

1.) On the left-hand side of your return, click Tax Tools

2.) Click Tools

3.) On the window that pops up, click View Tax Summary

4.) On the left-hand side of your screen, click Preview My 1040

If you scroll down, you will see a section called Schedule 3. The amounts of the items you qualify for will be listed here.

Teamnosleep239

Is there a way to get rid of the schedule 3 on my tax return beside upgrading to the Deluxe version so that I can file? It's the only thing getting in the way of me filing for my return.

BillM223

Schedule 3 is automatically generated by TurboTax as part of the 1040 if you have any of a number of credits or other payment or refundable credits. If you have one of these items, then the IRS requires the form.

Items on Schedule 3 include: