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SCHEDULE 3 Department of the Treasury Internal Revenue Service48 49 50 51 52 53 54 552018 Attach to Form 1040. Go to www.irs.gov/Form1040 for instructions and the latest information.Attachment Sequence.

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How to fill out the 2018 Schedule 3 online

Filling out the 2018 Schedule 3 form is essential for reporting nonrefundable credits on your tax return. This guide provides step-by-step instructions to help you complete the form accurately and efficiently.

Follow the steps to successfully complete Schedule 3 online.

  1. Press the ‘Get Form’ button to obtain the Schedule 3 document and open it in your preferred digital editor.
  2. Enter your social security number in the designated field at the top of the form.
  3. Indicate the names shown on your Form 1040. Ensure both names are filled out correctly if applicable.
  4. Identify and fill in the amount for the foreign tax credit. Attach Form 1116 if required.
  5. Complete the section for the credit for child and dependent care expenses. Ensure you attach Form 2441 if applicable.
  6. Input the education credits from Form 8863, specifically from line 19.
  7. List any contributions eligible for the retirement savings contributions credit by attaching Form 8880.
  8. If you have any residential energy credits, complete the relevant section and attach Form 5695.
  9. Total the amounts from the far right column and enter this total in the designated field on the form, making sure to include this amount on Form 1040, line 12.
  10. Once all fields are complete and double-checked for accuracy, you can save your changes, download a copy, print it, or share the completed form as needed.

Complete your documents online with confidence and ensure your tax filings are accurate.

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Schedule 3 was added in tax year 2018 to report a taxpayer's Nonrefundable Credits. Starting in tax year 2019, Schedules 3 and 5 are combined on to a single Schedule 3 Additional Credits and Payments.

Schedule 3 was aimed at helping people claim nonrefundable tax credits. For taxes for the 2019 tax year and after, the IRS changed the form, adding refundable credits and certain types of payments that can help reduce the amount of tax you owe.

New Schedule 3: (Nonrefundable Credits) These include the credits for higher-education expenses, child and dependent care expenses, adoption expenses, retirement savers, residential energy-saving expenditures, electric vehicles, and foreign taxes.

Schedule 3 was added in tax year 2018 to report a taxpayer's Nonrefundable Credits. Starting in tax year 2019, Schedules 3 and 5 are combined on to a single Schedule 3 Additional Credits and Payments.

Schedule 3: Supporting documentation for tax form 1040 if box 12b is checked. This Schedule is used to declare your capital gains or losses for items such as real estate, shares and mutual funds in addition to any other capital properties you have disposed of.

Schedule 3 is where certain nonrefundable credits are reported. These credits are the child and dependent care expense credit, foreign tax credit, education credits, residential energy credit, retirement savings contribution credit and other general business credits.

Schedule 3 has the additional information added for 2019, Part II - Other Payments and Refundable Credits. If entries are made on Schedule 3 the form would be attached to the Form 1040 or Form 1040-SR. Line items 8-13 listed below.

The federal tax filing deadline for individuals has been extended to May 17, 2021. ... One of these forms may be Form 1040 Schedule 3, which lists additional credits you might be able to claim as well as some payments that will get applied to your tax bill.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232