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What is IRS Form Schedule 2? Form 1040 Schedule 2 includes two parts: Tax and Other Taxes. Taxpayers who need to complete this form include: high-income taxpayers who owe alternative minimum tax (AMT) taxpayers who need to repay a portion of a tax credit for the health insurance marketplace.
We accept forms that are consistent with the official printed versions and do not have an adverse impact on our processing. This policy includes forms printed from IRS.gov and output on high-quality devices such as laser or ink-jet printers, unless otherwise specified on the form itself.
High-income taxpayers, self-employed individuals, and those who have taxes to report that havent been included on other forms may need to file Schedule 2.
What Happens if You Dont Have a Schedule 2? If you dont owe any of the additional taxes listed on Schedule 2, you wont need to file it. For instance, if you dont owe the AMT, or if there are no other taxes like unreported tips or household employment taxes, you can skip this schedule.
If you dont have Schedule 2 for FAFSA (Free Application for Federal Student Aid), you may not need to report additional taxes. However, its essential to consult with a tax professional or the IRS for specific guidance.
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Schedule 2: Supporting documentation for tax form 1040 if box 11b is checked. This Schedule is used to report additional taxes owed such as the alternative minimum tax, self-employment tax, or household employment taxes. Schedule 3: Supporting documentation for tax form 1040 if box 12b is checked.
If you are missing documents, you can get copies from the IRS. If you are missing your tax returns, you can request a tax return transcript, and if you are missing your W-2s, you can request a wage and income transcript.

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