12 – Expense / deduction-related forms (flow into Form 1040 Adjustments, Deductions, Credits)
π Expense / deduction-related forms (flow into Form 1040 Adjustments, Deductions, Credits):-
*1098 β Mortgage interest, real estate taxes
*1098-E β Student loan interest
*1098-T β Tuition & education expenses
*Schedule A β Itemized deductions (medical, mortgage, taxes, charity, etc.)
*Schedule C β Business expenses (for self-employed)
*Schedule E β Rental property expenses
*Schedule F β Farm expenses
*Form 2441 β Child & dependent care expenses (credit)
*Form 8863 β Education credits (based on 1098-T)
*Form 8889 β HSA contributions/expenses
π Summary:
*Income forms (like W-2, 1099) are provided by payers.
*Expense/deduction forms (like 1098, Schedules, credit forms) are either provided by payees (bank, school, lender) or self-prepared when filing.
