1040-sr Instructions !!link!! [ PC EXTENDED ]

This section functions exactly like the standard Form 1040. You must report all sources of income.

| Filing Status | 0% taxable | Up to 50% taxable | Up to 85% taxable | |---------------|------------|-------------------|-------------------| | Single, Head of Household, Qualifying Widow(er) | Under $25,000 | $25,000–$34,000 | Over $34,000 | | Married Filing Jointly | Under $32,000 | $32,000–$44,000 | Over $44,000 | | Married Filing Separately (lived apart all year) | Under $25,000 | $25,000–$34,000 | Over $34,000 | | Married Filing Separately (lived together) | — | — | Up to 85% of benefits is taxable | 1040-sr instructions

| Income Type | Where to Report | |--------------|------------------| | Wages, salaries, tips | Line 1a (attach W-2) | | Taxable interest | Line 2b (from 1099-INT) | | Dividends | Line 3b (from 1099-DIV) | | IRA distributions | Line 4b (from 1099-R) | | Pensions/annuities | Line 5b (from 1099-R) | | Social Security benefits | Line 6b (from SSA-1099) | | Capital gains | Schedule D → Line 7 | | Self-employment income | Schedule C → Line 8 | | Rental income | Schedule E → Line 5 | This section functions exactly like the standard Form 1040

Link to appstore phone
Install Iceland’s biggest travel app

Download Iceland’s biggest travel marketplace to your phone to manage your entire trip in one place

Scan this QR code with your phone camera and press the link that appears to add Iceland’s biggest travel marketplace into your pocket. Enter your phone number or email address to receive an SMS or email with the download link.