Final answer:
Raina's need for additional schedules on Form 1040 depends on her financial situation. Schedules may include A for itemized deductions, B for interest and dividend income, C for business income, and D for capital gains and losses. Review of financial documents and IRS guidelines will determine the necessity of each schedule.
Step-by-step explanation:
When Raina is filling out her Form 1040 for tax purposes, the additional schedules she may need to attach depend on her individual circumstances. Schedule A is used for itemizing deductions such as medical expenses, state taxes paid, and charitable contributions, among others. Schedule B is required if a taxpayer has a certain level of interest and dividend income to report. For those who have income from a business or are self-employed, Schedule C is utilized to report profits or losses. Lastly, Schedule D is used to report capital gains and losses from the sale of financial assets like stocks or real estate.
Without more specific information on Raina's financial situation, such as whether she has interest income that exceeds the threshold for Schedule B, personal or business income that would require Schedule C, or capital gains that would necessitate Schedule D, it is not possible to give a definitive answer on which schedules should be completed. It's also important to note that the U.S. tax code can change, affecting how these schedules are used and the impacts they have on the economy. Therefore, Raina should review her financial documents and the IRS guidelines to determine which schedules are relevant for her personal tax situation.