Ep. 160 | Schedule 1-A (Form 1040)
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YouTubeTeaching Tax Flow
Ep. 160 | Schedule 1-A (Form 1040)
In this episode, Chris Picciurro, CPA, and John Tripolsky break down the IRS’s brand-new form: Schedule 1-A (Form 1040) — created to handle new deductions introduced by the One Big Beautiful Bill Act (OB3). Starting in the 2025 filing year, millions of taxpayers will use this form to claim deductions like No Tax on Tips, No Tax on Overtime ...
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