What does the Schedule 2, tax mean? It is requiring I upgrade to TurboTax Deluxe

Schedule 2 is a new form for 2018.  The 1040 form was completely revised for 2018 and it is now much shorter.  Line items that used to be reported on the 1040 form have now been moved to up to six different schedules (Schedules 1 to 6). 

Schedule 2 is where AMT taxes and excess advance premium credit tax repayment amounts get reported.  Therefore, if you have either one of these additional tax requirements to be reported on your 1040 form, then you will need to upgrade to have Schedule 2 included in your return.

Here is a sample of Schedule 2: Schedule 2

Here is a FAQ for scenarios where you are on your parent's health insurance plan.  If they have a 1095-A for a plan they purchased through the marketplace, then review the options below. 

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