Link & Learn Taxes linking volunteers to quality e-learning

  • Basic
  • Advanced
  • Military
  • International
to the Basic Course
Basic Course > Income – Other Income, Form 1040, Line 21

Income – Other Income, Form 1040, Line 21

This lesson covers how to identify and report income sources that do not have their own line on Form 1040. Types of income that do not have their own line on Form 1040 are reported on line 21.

In addition to reporting other sources of income, including worldwide sources, this lesson addresses the foreign earned income exclusion reported on Form 2555 or Form 2555-EZ.

Click the Lesson button to learn more about reporting other income and applying the rules for foreign income exclusion.

Skill Check

Check your understanding of identifying and reporting income sources that do not have their own line on Form 1040. To check your answers, click the Check My Answers button at the bottom of the page.

  1. Gambling winnings minus gambling losses is the correct way to report gambling income on Form 1040, line 21.
  • A.
  • B.
  1. True or False? Form W-2G is used to report a taxpayer’s gambling winnings.
  • A.
  • B.
  1. An employee who receives their regular compensation and turns in jury duty pay to their employer can claim an adjustment for the jury duty pay.
  • A.
  • B.