Tax Form 1040-A Schedule 1 should be used if any of the following apply:
- You had over $1,500 of taxable interest
- You received interest from a seller-financed mortgage and the buyer used the property as a personal residence
- You are claiming the exclusion of interest from series EE or I U.S. savings bonds issued after 1989
- You received interest as a nominee or a Form 1099-INT for tax-exempt interest
- You had over $1,500 of ordinary dividends or you received ordinary dividends as a nominee
( Note : eSmart Tax Online Tax Software uses Schedule B instead of this form)


