Schedule 1 of Form 1040 is often seen as a complex section where miscellaneous income and deductions are reported. But do you fully understand its scope? This course delves into the essential components of Schedule 1, covering key tax topics such as Health Savings Accounts (HSAs), gambling income, IRA deductions, student loan interest, and more. Whether you’re a new tax professional or a seasoned expert, you’ll gain valuable insights as we walk you through each section of Schedule 1, highlighting critical deductions and income adjustments that can significantly impact your clients’ tax returns.