Form 1040 line 1 acronyms
In certain situations, the IRS requires abbreviations, or literals, to the left of Form 1040, line 1. This table lists those literals and their folder location in UltraTax CS.
Literal | Literal name | Folder location | Data entry screen location |
|---|---|---|---|
AB | Adoption benefits | Income | W2, Box 12 statement window, code T |
DCB | Dependent care benefits | Income | W2, Box 10 |
DFC | Deferred compensation | Income | W2, Box 11 |
HSH | Household employee income | Income | Income, Other income statement dialog, code 10 |
HSH | Household employee income | Various | 1099M, Federal code 10, Other income field |
SCH | Scholarship | Income | Income, Other income statement dialog, code 5 |
SCH | Scholarship | Educate | Eligible student information statement dialog, Scholarships and Grants in excess of Pymt Rec'd or Amt Billed |
SCH | Scholarship | Various | 1099M, Federal code 5, Other income field |
SNE | Credits | Credits | 8839, Eligible children information statement dialog, CY Empl Benefits column |
WP | Workfare payments | Income | Income, Other income statement dialog, code 11 |
WP | Workfare payments | Various | 1099M, Federal code 11, Other income field |
PSO | Insurance premiums for retired public safety officers | Retirement | 1099R, Qual. PSO exclusion field, if pre-retirement age disability is marked, distribution code 3 |
PYAB | Prior year adoption benefits | Credits | 8839, Eligible children information statement dialog, CY Empl Benefits column |
