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The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.
2018 Form 1040—Schedule 1, Lines 33 Through 36
c. You, or your spouse if filing
jointly, could be claimed as a dependent
on someone else's return.
However, a loan isn't a qualified stu-
dent loan if (a) any of the proceeds were
used for other purposes, or (b) the loan
was from either a related person or a
person who borrowed the proceeds un-
der a qualified employer plan or a con-
tract purchased under such a plan. For
details, see Pub. 970.
Qualified higher education expenses.
Qualified higher education expenses
generally include tuition, fees, room and
board, and related expenses such as
books and supplies. The expenses must
be for education in a degree, certificate,
or similar program at an eligible educa-
tional institution. An eligible education-
al institution includes most colleges,
universities, and certain vocational
schools. For details, see Pub. 970.
Line 34
Reserved
At the time these instructions
went to print, the tuition and
fees deduction formerly claimed on
line 34 had expired. You can’t claim a
deduction on line 34 for expenses paid
or incurred after 2017. Line 34 is now
shown as “Reserved” in case Congress
extends the deduction for 2018. To find
out if legislation extended the deduction
so you can claim it on your 2018 return,
go to IRS.gov/FormsUpdates or
IRS.gov/Form1040.
If legislation doesn’t extend the de-
duction for 2018, treat the amount on
line 34 as zero when any form, work-
sheet, or instruction refers to line 34.
Line 35
Reserved
The domestic production activi-
ties deduction was repealed.
Line 35 is now shown as “Re-
served.” If you have a domestic produc-
tion activities deduction from a fis-
cal-year pass-through entity, enter the
amount of the deduction on the dotted
line next to line 36. See the instructions
for line 36 for more information.
If you are a patron of a speci-
fied agricultural cooperative,
see the Instructions for Form
1120-C for special rules related to the
domestic production activities deduc-
tion.
Line 36
Include in the total on line 36 any of the
following write-in adjustments. To find
out if you can take the deduction, see the
form or publication indicated. On the
dotted line next to line 36, enter the
amount of your deduction and identify it
as indicated.
•
Archer MSA deduction (see Form
8853). Identify as “MSA.”
•
Jury duty pay if you gave the pay
to your employer because your employ-
er paid your salary while you served on
the jury. Identify as “Jury Pay.”
•
Deductible expenses related to in-
come reported on line 21 from the rental
of personal property engaged in for prof-
it. Identify as “PPR.”
•
Nontaxable amount of the value of
Olympic and Paralympic medals and
Student Loan Interest Deduction Worksheet—Schedule 1, Line 33
Figure any write-in adjustments to be entered on the dotted line next to Schedule 1, line 36 (see the instructions for
Schedule 1, line 36).
Be sure you have read the Exception in the instructions for this line to see if you can use this worksheet instead of Pub.
970 to figure your deduction.
Before you begin:
1. Enter the total interest you paid in 2018 on qualified student loans (see the instructions for line 33). Don’t enter more
than $2,500 ............................................................................ 1.
2. Enter the amount from Form 1040, line 6 .......................................
2.
3. Enter the total of the amounts from Schedule 1, lines 23 through 32, plus any write-in
adjustments you entered on the dotted line next to Schedule 1, line 36 other than any amounts
identified as “DPAD” ..................................................... 3.
4. Subtract line 3 from line 2 ..................................................
4.
5. Enter the amount shown below for your filing status.
•
Single, head of household, or qualifying
widow(er)—$65,000
•
Married filing jointly—$135,000
.. ...........
5.
6. Is the amount on line 4 more than the amount on line 5?
No. Skip lines 6 and 7, enter -0- on line 8, and go to line 9.
Yes. Subtract line 5 from line 4 ..........................................
6.
7. Divide line 6 by $15,000 ($30,000 if married filing jointly). Enter the result as a decimal (rounded to at least three
places). If the result is 1.000 or more, enter 1.000 ................................................. 7.
.
8. Multiply line 1 by line 7 ...................................................................
8.
9. Student loan interest deduction. Subtract line 8 from line 1. Enter the result here and on Schedule 1, line 33.
Don’t include this amount in figuring any other deduction on your return (such as on Schedule A, C, E, etc.) ...... 9.
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