Schedule 2 Additional Taxes consists of Part I Tax and Part II Other Taxes. The newly revised Schedule 2 will be attached to the 1040 Form or the new 1040-SR Form if entries are made on Schedule 2.
Schedule 2 Part I Tax.
If entries are made on Schedule 2, the form would accompany Form 1040 or the new 1040-SR Form.
- Line 1: Alternative minimum tax (Attach Form 6251)
- Line 2: Excess advance premium tax credit repayment (Attach Form 8962)
Schedule 2 Part II Other Taxes.
If entries are made on Schedule 2, the form would be attached to the Form 1040 or the new 1040-SR Form.
- Line 4: Self-employment tax (Attach Schedule SE)
- Line 5: Social security and Medicare tax on unreported tip income. Attach Form 4137
- Line 6: Uncollected social security and Medicare tax on wages. Attach Form 8919
- Line 8: Additional tax on IRAs, other qualified retirement plans, and other tax favored accounts, etc. (Attach Form 5329 if required)
- Line 9: Household employment taxes (Attach Schedule H)
- Line 10: Repayment of first-time homebuyer credit from Form 5405, (Attach Form 5405 if required)
- Line 11: Additional Medicare tax. Attach Form 8959
- Line 12: Net investment income tax. Attach Form 8960
- Line 13: Uncollected social security and Medicare or RRTA tax on tips or group life insurance from W-2
- Line 14: Interest on tax due on installment income from the sale of certain residential lots and timeshares
- Line 15: Interest on the deferred tax on gain from certain installment sales with a sales price over $150,000
- Line 16: Recapture of low-income housing credit. Attach Form 8611