How do you report other adjustments to income on your Fed 1040? Here is a handy dandy little list. Remember that I have a book out on taxes as well “Bad Tax Idea, Good Tax Idea” and you can get it from Amazon, Barnes and Noble and anywhere that great books can be ordered. I also have other non-fiction and fiction books that are part of my Rett Syndrome research support. Part of all book sales goes to research a cure for Rett Syndrome.
OTHER ADJUSTMENTS TO INCOME
There are other adjustments to income for which there are no corresponding lines on the Form 1040. These are “write-in” adjustments.
This means that if you encounter one of these types of adjustments you must indicate the adjustment by writing its short-hand identifier on the dotted-line to the left of box 36.
Many of these write-in adjustments are not usually a big deal and you probably will never need them.
However, I will list them in case you happen to encounter them when reviewing a tax return. These adjustments are:
• The deductible contribution to an Archer MSA (Form 8853), identified by the letters “MSA”
• The repayment of jury duty pay to your employer because your employer paid your salary while you served jury duty, identified by the phrase “JURY PAY”
• The deductible expenses related to income reported on line 21 from the rental of personal property engaged in for profit, identified by the letters “PPR”
• The deductible amortization and expenses for reforestation, identified by the letters “RFST”
• The repayment of supplemental unemployment benefits under the Trade Act of 1974, identified by the phrase “Sub-Pay TRA”
• The deductible contributions to a §501(c)(18)(D) pension plan, identified by “501(c)(18)(D)”
• The deductible contributions by certain chaplains to §403(b) plans, identified by “403(b)”
• The deductible attorney fees and court costs for actions settled or decided after October 22, 2004, involving certain unlawful discrimination claims, but only to the extent of gross income from such actions, identified by the letters “UDC”
• The deductible attorney fees and court costs paid by you in connection with an award from the IRS for information you provided after December 19, 2006, that contributed to the detection of tax law violations, up to the amount of the award includible in your gross income, identified by the letters “WBF”
Oct 21 2009 Later
Kim Isaac Greenblatt
How To Report Other Adjustments To Income