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April 7, 2025
Question

What contributes to the "Other Income" category?Why am I getting taxed on a refund I got from my state government?

  • April 7, 2025
  • 1 reply
  • 0 views
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    1 reply

    JohnB5677
    April 7, 2025

    Additional income and adjustments to income are listed on Schedule 1, and posted to line 8 of your 1040 tax return.

    You can view the Schedule 1 and everything listed on it.

     

    1. On the menu bar on the left that shows.
    2. Select Tax Tools
    3. On the drop-down select Tools
      1. Tip: If you don't see the dropdown for Tools,
      2. Minimize the federal and state options using the down arrow.
    4. On the popup menu
    5. Select View Tax Summary
    6. On the left sidebar
    7. Select Preview my 1040.
    8. Schedules 1,2 & 3 are included if you scroll down past your 1040.
    9. To return to the entry screens press Back on the sidebar.

    Other key numbers on your 1040 tax return are:

    Line 9 - Total Income

    Line 11 - AGI

    Line 15 - Taxable Income

    Line 24 - Total Tax.

    Line 25 d - Withholdings.

    Line 26 - Estimated tax payments

    Line 27 - Earned Income Credit

    Line 33 - Payments including Credits.

    Line 34 - Overpayments.

    Line 37 - Tax owed.

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