Schedule 2 (Form 1040) is used to report taxes that are not entered directly on Form 1040. Amounts reported on Schedule 2 ultimately flow to Form 1040 and increase total tax liability.
Part I – Tax
Line-by-Line Reference
| Line | Description |
|---|---|
| 1a | Excess advance premium tax credit repayment |
| 1b | Repayment of new clean vehicle credit(s) transferred to a registered dealer |
| 1c | Repayment of previously owned clean vehicle credit(s) transferred to a registered dealer |
| 1d | Recapture of net EPE |
| 1e | Excessive payments (EPs) on gross EPE |
| 1f | 20% EP from Form 4255 |
| 1y | Other additions to tax |
| 1z | Total additions to tax. Add lines 1a through 1y |
| 2 | Alternative minimum tax (AMT) |
| 3 | Total Tax. Add lines 1z and 2 |
Part II – Other Taxes
Line-by-Line Reference
| Line | Description |
|---|---|
| 4 | Self-employment tax |
| 5 | Unreported Social Security and Medicare tax from Forms 4137 and 8919 |
| 6 | Additional tax on IRAs, other qualified retirement plans, and other tax-favored accounts |
| 7 | Household employment taxes |
| 8 | Additional Medicare Tax |
| 9 | Net Investment Income Tax (NIIT) |
| 10 | Additional tax on an HSA or Archer MSA |
| 11 | Additional tax on a Coverdell ESA or qualified tuition program (QTP) |
| 12 | Recapture of the First-Time Homebuyer Credit |
| 13 | Recapture of other credits |
| 14 | Section 72(m)(5) excess benefits tax |
| 15 | Section 409A additional tax |
| 16 | Excise tax on insider stock compensation from an expatriated corporation |
| 17 | Interest on the tax due on installment income from the sale of certain residential lots and timeshares |
| 18 | Interest on the deferred tax on gain from certain installment sales with a sales price over $150,000 |
| 19 | Recapture of low-income housing credit |
| 20 | Other taxes |
| 21 | Total Other Taxes. Add lines 4 through 20 |
Form 1040 Flow-Through
| Schedule 2 Line | Form 1040 Destination |
|---|---|
| Line 3 | Form 1040, Line 17 |
| Line 21 | Form 1040, Line 23 |
Source: IRS Schedule 2 (Form 1040), Additional Taxes, and Form 1040 Instructions.