Check Where To Report Certain Items From 2008 Forms W-2, 1098, and 1099
beginning on page 12 to see if you must use Form 1040. You must also use Form 1040 if any of the following apply.
- You received any of the following types of income:
- Income from self-employment (business or farm income).
- Certain tips you did not report to your employer. See the instructions for Form 1040A, line 7, on page 23.
- Income received as a partner in a partnership, shareholder in an S corporation, or a beneficiary of an estate or trust.
- Dividends on insurance policies if they exceed the total of all net premiums you paid for the contract.
- You received or paid interest on securities transferred between interest payment dates.
- You can exclude any of the following types of income:
- Foreign earned income you received as a U.S. citizen or resident alien.
- Certain income received from sources in Puerto Rico if you were a bona fide resident of Puerto Rico.
- Certain income received from sources in American Samoa if you were a bona fide resident of American Samoa for all of 2008.
- You have an alternative minimum tax adjustment on stock you acquired from the exercise of an incentive stock option (see Pub. 525).
- You had a financial account in a foreign country, such as a bank account or securities account. Exception. If the combined value of the accounts was $10,000 or less during all of 2008 or if the accounts were with a U.S. military banking facility operated by a U.S. financial institution, you may file Form 1040A.
- You received a distribution from a foreign trust.
- You owe the excise tax on insider stock compensation from an expatriated corporation.
- You are reporting original issue discount (OID) in an amount more or less than the amount shown on Form 1099-OID.
- You owe household employment taxes. See Schedule H (Form 1040) and its instructions to find out if you owe these taxes.
- You are eligible for the health coverage tax credit. See Form 8885 for details.
- You are claiming the adoption credit or received employer-provided adoption benefits. See Form 8839 for details.
- You are an employee and your employer did not withhold social security and Medicare tax. See Form 8919 for details.
- You had a qualified health savings account funding distribution from your IRA.
- You are a debtor in a bankruptcy case filed after October 16, 2005.
- You have a net disaster loss attributable to a federally declared disaster. See Form 4684 for details. You must file Form 1040 even if you are claiming the standard deduction.
- You are eligible for the first-time homebuyer credit. See Form 5405 for details.