Schedule A

Schedule A

A form in the United States on which a taxpayer reports itemized deductions. These expenses over the course of the year reduce one's income for purposes of reducing one's tax liability. Examples of expenses that may be reported on Schedule A include medical bills, business costs for a sole proprietorship, and so forth.
References in periodicals archive ?
163(h)(3), "qualified residence interest" (QRI) is an itemized deduction on Schedule A.
469(j)(7) excludes QRI from the PAL rules; thus, they deduct QRI in full on Schedule A, while reporting other expenses and income attributable to the rental as from a passive activity.
If QRI exists, the next issue is the proper reporting of the deduction (either on Schedule A as QRI, or on Schedule E as permitted by Sec.
That cliche, ``strength up the middle,'' applies to the schedule as well as the lineup.