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For the current tax year, Form 1 0 4 0 has three schedules which are very important for properly calculating an income tax return. Which

For the current tax year, Form 1040 has three schedules which are very important for properly calculating
an income tax return. Which of the following statements regarding the use of these schedules is false?
Schedule 1 is used to report extra income that cant be put on Form 1040 directly, such as business or farm income or loss, unemployment compensation, or prize or award money.
Schedule 3 reports refundable tax credits, such as foreign or education credits.
Schedule 2 is used to report additional taxes, such as the self-employment tax or the Alternative Minimum Tax, that cant be placed directly on Form 1040,1040-SR, or 1040-NR.
None of the above are correct.

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