These tips must have been received in an occupation listed at IRS.gov/TippedOccupations. You and/or your spouse who received qualified tips must have a valid social security number to claim the …

Jan 7, 2026 · Schedule 1-A is an IRS form used to calculate and claim four tax deductions created by the “ One Big Beautiful Bill ” (also known as the Working Families Tax Cut). It was created to provide …

This supplementary form, introduced as part of the Tax Cuts and Jobs Act of 2017’s effort to simplify tax filing, serves as a detailed breakdown of various types of income and adjustments that don’t have a …

Feb 16, 2026 · Schedule 1-A is a new IRS schedule used with Form 1040 beginning in the 2025 tax year. It was created to report several new above-the-line deductions that were added by recent …

Jan 6, 2026 · What is IRS Schedule 1-A? Taxpayers file IRS Schedule 1-A with their federal income tax return to claim certain additional deductions announced as part of the One Big Beautiful Bill Act.

Schedule-1-A Additional Deductions. Tips, Overtime, Car Loan Interest and Senior Deductions. These deductions are based on a taxpayer's modified adjusted gross income (MAGI). These deductions …

Schedule 1-A is a new IRS form introduced for 2025 tax returns. It allows eligible taxpayers to claim four new deductions created by the One Big Beautiful Bill Act.

Oct 27, 2025 · Update your W-4 using the IRS 2025 worksheet that now includes lines for tips, overtime, and car-loan interest. Schedule 1-A consolidates four worker-focused deductions into one place.

Feb 13, 2026 · A new tax form, Schedule 1-A, introduces four new deductions for the 2025 tax year. All four write-offs are "below-the-line" deductions, which reduce taxable income but not adjusted gross...

Oct 3, 2023 · Line 1: Report taxable refunds, credits, or offsets of state and local income taxes on this line, in situations such as deducting state income taxes on Schedule A. This can result in all or part …