ehat is the solution using forms of 2020

Nathan Cohen, age 45, is a single taxpayer who lives at 2245 Mardel St., San Jose, CA 95130. His social security number is 351-42-1961. Nathan's earnings and withholdings as a marketing director at a high-tech company for 2020 are: Earnings from Placeware, Inc. $297,000 (this is after subtracting his health insurance premiums --see below) Federal Income tax withheld $50,000 State income tax withheld $23,500 Other facts and possibly useful information: Nathan earns interest on a savings account at Bank of the West of $13,075. Nathan is divorced, the divorce was final May 3, 2016, and pays his ex-wife $4,000 per month. When their 15-year old daughter (who lives 100% with the ex-wife) reaches 18, the payments drop to $2,800 per month. The reason it drops is because he is no longer paying child support once his daughter turns 18. His ex-wife's social security number is 857-51-6438. Nathan does not claim his daughter as a dependent Nathan paid the following amounts (he has records to prove payment): California DMV renewal taxes (the value based part) : $300 Credit card interest expense $1,760 Auto Loan interest expense $4,300 Property taxes on his home $6,200 Blue Cross health insurance premiums $1,800 withheld from his paycheck (not deducted on Sch A, already paid with pretax dollars!). Check only 1040 Department at the Tury--world (99) U.S. Individual Income Tax Return 2020 OMB No. 1545-0074 In Us On-Do not writers in this space Filing Status Single Married filing lointly Murtied fling separately (MFS) Head of household (HOH) Qualifying widower) (OW one box If you checked the MFS box, enter the name of your spouse. If you checked the HOH or OW box, enter the child's name if the qualifying person is a child but not your dependent Your first narge and middle initial Your social security number Nathan cohen 35/1401190 I joint retum, spouse's first name and middle initial Spouse's social security number Last name Last name 2245 mardel st san sose 95130 Home remember and the photo intito Apt no Presidential Dection Campaign Check here if you, or your spouse if filing jointly, want $3 City, town, or post office. If you have a foreign address also complete spaces below State ZIP code to go to this fund. Checking a CA box below will not change Foreign country name Foreign province/state/county Foreign postal code your tax or refund You Spouse At any time during 2020, did you receive, nell, send, exchange, or otherwise acquire any financial interest in any virtual currency? Yes No Standard Someone can claim you as a dependent Your spouse as a dependent Deduction Spouse itemizes on a separate return or you were a dual-status alien Age/Blindness You Were bom before January 2, 1958. Are blind Spouse: Was born before January 2, 1956 is blind Dependents (see instructions (2) Social security (3) Relationship (4) iustifies for see instructional If more (1) First name Last name number to you Chid tax credit Credit for other dependents than four dependents see instructions and check here 1 Wages, salaries, tips, eto, Attach Forms) W-2 1 Altach 20 21 Tax-exempt interest Sch. B 2b b Taxable interest 3a Ja Qualified dividends 3b required b Ordinary dividendo 4a TRA distributions 45 b Taxable amount 4a 50 Pensions and annuities 50 b Taxable amount 5b Standard Ga Social security benefits ba b Taxable amount ob Deduction for 7 Capital gain or loss), Attach Schedule D if required. If not required, check here 7 Single of Married fing B 8 Other income from Schedule 1. line 9 separately 9 9 $12.400 Add lines 1, 2, 3, 4, 5, 6, 7 and 8. This is your total income Married fing 10 Adjustments to income jointyor Qualifying From Schedule 1. line 22 100 widowie b Charitable contributions if you take the standard deduction See instructions 10b 100 Head of C Add lines 10 and 10b. These are your total adjustments to income household 11 $18.650 11 Subtract line 100 from line 9. This is your adjusted gross income - if you checked 12 Standard deduction itemized deductions (from Schedule A) 12 any box under Standard 13 13 Qualified business income deduction. Attach Form 8995 or Form 8995-A Deduction 14 Add lines 12 and 13. 14 so instructions, 15 Taxable income. Subtract line 14 from line 11. If zero or less enter-0- 15 For Disclosurn. Privacy Act, and Paperwork Reduction Act Notice, se separate instructions, Form 1040 2020 14.00 Cal No 11300 Page 2 Form100 000 DO 98SN $*829 88 VY 350 16 16 Tax (onstructions. Check it any from Form) 18814 2 0497230 17 Amount from Schedule 2 line 3 17 18 18 Add lines 16 and 17 19 Child tax credit or credit for other dependents 19 20 Amount from schedule 3, ne? 20 21 Add lines 19 and 20 21 22 Subtract line 21 from ine 18. Izero or loss, ante 22 23 23 Other taxes, including self-employment tax, trom Schedule 2 line 10 24 Add lines 22 and 23. This is your total tax 24 25 Federal income tax withheld from a Form W. 25 b Form 1099 250 C Other com estructional 250 d Add lines 25a through 250 250 26 26 - If you have 2020 estimated tax payments and amount applied from 2018 return nyingchid 27 Earned Income credit (EIC) 27 amach Sched - you have 28 Additional child tax credit. Attach Schedule 8812 not combat American opportunity credit from Form 1863, line 8 instruction 30 Recovery rebate credit. See Instructions 30 31 Amount from Schedule 3. line 13 31 32 Add lines 27 though 31. These are your total other payments and refundable credits 32 33 Add lines 25d, 26, and 32. Thene are your total payments 33 34 34 Refund If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you overpald 35a Amount of line 34 you want refunded to you. It Form 8888 is attached, check here Direct deposit b Routing number Type: Checking Savings Seotructions >d Account number 36 Amount of line 34 you want applied to your 2021 estimated tax 36 Amount 37 Subtract line 33 from line 24. This is the amount you owe now 37 You Owe Note: Schedule H and Schedule SE Hers, Ine 37 may not represent all of the taxes you owe for For details on 2020. See Schedule 3, line 12e, and its instructions for details how to pay, 500 instructions 38 Estimated tax penalty (see instruction) 38 Third Party Do you want to allow another person to discuss this return with the IRS? See Designee instructions Yes. Complete below. No Phone Personal identification Designe's no number PIN Sign Under penalties of perjury, I declare that have examined the return and accompanying schedules and statements, and to the best of my knowledge and beliet, they are true, correct and complete. Declaration of prepare other than taxpayer) is based on all information of which preparehas any knowledge Here Your signature Date Your occupation the IRS sent you an identity Protection PIN, enter the (sees) Joint return Se instruction Date Spouse's signature. If a joint return, both must sign Spouse's coupation If the IRS Set your spouse Keep a copy to Identity Protection PIN enter the see inst your records Phone no Email address Date PTIN Check Preparer's name Preparer's signature Paid Self-employed Preparer Phone no Firme Use Only Firm's EN Fim's address Form 1040 Go to www.ingowFm1040 for instructions and the latest information am SCHEDULE 1 OMB No 1545-0074 (Form 1040) Additional Income and Adjustments to Income 2020 Det Attach to Form 1040 1040-SR, or 1040-NA. Attachment Intemal Revenue Service Go to www.in.gov/Form 10-10 for instructions and the latest information Name(s) shown on Form 1040, 1040-SR, or 1040-NR Your social security number Sequence No. 01 .. NOUA 7 9 Part I Additional Income 1 Taxable refunds, credits, or offsets of state and local income taxes. 1 2a Alimony received 2a b Date of original divorce or separation agreement (see instructions) 3 Business income or loss). Attach Schedule 3 4 Other gains or losses). Attach Form 4797 4 5 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E 5 6 Farm income or (loss). Attach Schedule F 6 Unemployment compensation 7 8 Other income. List type and amount 8 9 Combine lines 1 through 8. Enter here and on Form 1040, 1040-SR, or 1040-NR. line 8 9 Part II Adjustments to Income 10 Educator expenses 10 11 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 11 12 Health savings account deduction. Attach Form 8889 12 13 Moving expenses for members of the Armed Forces. Attach Form 3903 13 14 Deductible part of self-employment tax. Attach Schedule SE 14 15 Self-employed SEP. SIMPLE, and qualified plans 15 16 Self-employed health insurance deduction. 17 Penalty on early withdrawal of savings 17 18a Alimony paid 18a b Recipient's SSN c Date of original divorce or separation agreement (see instructions) 19 IRA deduction 19 20 Student loan interest deduction 20 21 Tuition and fees deduction. Attach Form 8917 21 22 Add lines 10 through 21. These are your adjustments to income. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 10a 22 For Paperwork Reduction Act Notice, see your tax return Instructions, Cat No. 71479F Schedule 1 (Form 1040) 2020 16 SCHEDULE 2 OMB No 1545-0074 (Form 1040) Additional Taxes 2020 Department of the Tree Attach to Form 1040, 1040-SR, or 1040-NR. Internal Revenue Service Attachment Go to www.irs.gov/Form 1010 for instructions and the latest information, Sequence No. 02 Name(s) shown on Form 1040, 040-SR, or 1040-NR Your social security number 1 2 SIN 3 4 5 Part I Tax 1 Alternative minimum tax. Attach Form 6251 2 Excess advance premium tax credit repayment. Attach Form 8962 3 Add lines 1 and 2. Enter here and on Form 1040, 1040-SR, or 1040-NR. line 17. Part II Other Taxes 4 Self-employment tax. Attach Schedule SE. 5 Unreported social security and Medicare tax from Forma 4137 b8919 6 Additional tax on IRAs, other qualified retirement plans, and other tax-favored accounts. Attach Form 5329 if required 7a Household employment taxes. Attach Schedule H b Repayment of first-time homebuyer credit from Form 5405. Attach Form 5405 if required 8 Taxes from: a Form 8959 b Form 8960 c Instructions; enter code(s) 9 Section 965 net tax liability installment from Form 965-A 9 10 Add lines 4 through 8. These are your total other taxes. Enter here and on Form 1040 or 1040-SR, line 23, or Form 1040-NR, line 23b For Paperwork Reduction Act Notice, see your tax return instructions. Cat No. 714780 6 7a 7b 8 10 Schedule 2 Form 10401 2020 SCHEDULE A Form 10403 Itemized Deductions OU NO: 1545-0014 Go to www.in.gov/Schedule for instructions and the latest information 2020 Det the Attach to Form 1040 or 1040-SR Warna verive Caution you wecoming and called Gates on Form see the instructions to ice 16. Sec 07 how Form15004040-S Your security Medical and Dental Expenses Taxes You Paid Caution: Do not include experies reimbursed or pad by others 1 Medical and dental expenses see instructions) 1 2 Enter amount from Form 1040 or 1040-SA, Ine 11 21 3 Multiply line 2 by 7.5% 0.075) 3 4 Subtract line 3 from no 1. line 3 more than line 1. enter 5. State and local taxes State and local income taxes or general taxes. You may include other income taxes or general sales taxes on line 5a, but not both, you elect to include general sales taxes instead of income taxes, check this box sa b State and local real estate taxes (see instructions) 50 c State and local personal property taxes 5c d Add line 5s through 50 5d Enter the smaller of line 5d or $10,000 $5,000f married liling separately 50 6. Other taxes List type and amount 7 Add lines 5e and 6 8 Home mortgage interest and points. If you didn't use all of your home mortgage loans to buy build, or improve your home, see Instructions and check this box a Home mortgage interest and points reported to you on Form 1098. See instructions if limited b Home mortgage interest not reported to you on Form 1092, See instructions if limited, if paid to the person from whom you bought the home, see instructions and show that person's name, identifying no and address 7 Interest You Paid Can you mortgage en maybe instructors Bb Points not reported to you on Form 1098. See instructions for special nulos 8e d Mortgage Insurance premiums (see instructions) sd Add lines Ba through Bd Be 9 Investment interest. Attach Form 4952 if required. See instructions. 9 10 Add lines Be and 9 10 Gifts to 11 Gifts by cash or check if you made any gift of $250 or more, see Charity instructions 11 Caution you 12 Other than by cash or check. If you made any gift of $250 or more madengtid Dota beror see instructions. You must attach Form 8283 it over $500 12 struction 13 Carrower from prior year 13 14 Add lines 11 through 13 14 Casualty and 15 Casualty and theft lossles) from a federally declared disaster other than not qualified Theft Losses disaster losses). Attach Form 4684 and enter the amount from Ine 18 of that form. See instructions 15 Other 16 Other -- from list in instructions. List type and amount Itemized Deductions 16 Total 17 Add the amounts in the far right column for fines through 16. Also enter this amount on Itomized Form 1040 or 1040-SR line 12 17 Deductions 18 if you elect to itemize deductions even though they are less than your standard deduction check this box For Paperwork Reduction Act Notice, see the Instruction for Forms 1040 and 1040-SR. Cat Siches A Form 10401 2020 SCHEDULEB (Form 10401 UMS NO 100 Interest and Ordinary Dividends Go to www.insgow Schedule for instructions and the latest information Attach to Form1040 1040 SFL 2020 Do they Nahoru A Sage No OB Your social security number 1 Part 1 Interest Amount List name of payer. If any interests from a senanced mortgage and the buyer used the property as a persona residence the instructions and let this Interest first. Also show that buyer's social security Sumber and address 1 and the struction for Tom 1000 and 1040-SA Notect you received a Fom 1090-INT, Form 1000-OIDE Site foment from a brokerage fum. Ist the payer and one the total interest shown on that form 2 Add the amounts on line 1 2 3 Excludable interest on series EE and US savings bonds issued after 1989 Attach Form 1815 3 4 Subtract line 3 from line 2 Enter the result there and on Form 1040 or 1040-SA line 2 4 Note: It line 4 is over $1.500. you must complete Part Amount Part 11 5 Listame of Day Ordinary Dividends See instructions and the instructions for Forms 1010 and 1040-SR line ab 5 Not you received a Form 1090-DIV. or substitute town from a brokotage for at the times mis as the payer and enter the ordinary dividends shown 6 on that for Add the amounts on line 5. Enter the total there and on Form 1040 or 1040-SR line 3b 6 Note: If line 6 is over St 500, you must complete Part Part II You must complete this part if you (n) had over $1,500 of table interest or ordinary dividends; (b) had a foreign account or (c) received a distribution from or were a grantor at or a transferor to a foreign trust. Yes No Foreign 7 At any time during 2020, did you have a financial in or signature authority over a financial Accounts account such as a bank account, securities account or brokerage account, located in a foreign and Trusts country? See instructions Caution If "Yes are you required to file Finger Form 114. Report of Foreign Bank and Financial required to Accounts (BAR), to report that financial interest or signature authority? See FinCEN Form 134 to FinCEN and its instructions for filing requirements and exceptions to those requirements Form 114 may b If you are required to file FinCEN Form 114.ter the name of the foreign country where the result in substanta financial account is located penalties, Son 8 During 2020, did you receive a distribution from or were you the grantor of or transfororto, a instructions foreign trust Yes you may have to file Form 3520. See Instructions For Paperwork Reduction Act Notion, see your tax return instruction. 14 Schedule B Form 10402020 8959 NO Additional Medicare Tax OM 1545-001 Foro If any line does not apply to you, love it bank. See separate instructions 2020 Department Innove Attach to Form 1040, 1600-SR. 1040-NR. 1040-PR or 1040-55 Attachment Go to www.powForms for instructions and the latest information No. 71 as shown on Your number Part 1 Additional Medicare Tax on Medicare Wages 1 Medicare wages and tips from Form W-2 box 5. If you have more than one Form W-2. enter the total of the amounts from box 5 1 2 Unreported tips from Form 41376 2 3 Wages from Form 8919, line 6 3 4 Add lines 1 through 4 5 Enter the following amount for your ting status Married fing jointly $250.000 Married filing separately $125.000 Single, Head of household, or Qualifying widower) 5200.000 5 6 Subtract line 5 from line 4. ro or less enter-0- 6 7 Additional Medicare Trx on Medicare wages. Multiply line 6 by 0.9% (0.009). Enter here and go to Part II 7 Part II Additional Medicare Tax on Self-Employment Income 8 Self-employment income from Schedule SE Form 1040). Parte 6. you had a loss, enter-O-Form 1040-PR or 1040-5S files, see instructions) 8 9 Enter the following amount for your filing status: Marned filing jointly $250.000 Mamed filing separately 5125.000 Single, Head of household, or Qualifying widowien $200,000 9 10 Enter the amount from line 4 10 11 Subtract line 10 from line 9. If zero or less enter-O. 11 12 Subtract line 11 from line B. zero or less, enter-0- 12 13 Additional Medicare Tax on self-employment income Multiply 12 by 0.96 0.009. Enter here and go to Partill 13 Part II Additional Medicare Taxon Railroad Retirement Tax Act RRTA) Compensation 14 Railroad retirement (RTA) compensation and tips from Formis) W-2. box 14 see instructions) 14 15 Enter the following amount for your fingstatus Married filing jointly $250.000 Married filing separately $125,000 Single, Head of household, or Qualifying widower) $200.000 15 16 Subtract line 15 from line 14. If Yoro or less enter-O- 16 17 Additional Medicare Tax on railroad retirement (RRTA) compensation Multiply line 16 by 0.9% (0.009 Enter here and go to Part IV 17 Part IV Total Additional Medicare Tax 18 Add lines 7. 13, and 17. Also include this amount on Schedule 2 Form 10401. line 8 (check box a) (Form 1040-PR or 1040-SS fliers, see Instructions, and go to Part 18 Part V Withholding Reconciliation 19 Medicare tax withheld from Form W-2, box 6. If you have more than one Form W-2, enter the total of the amounts from box 6 19 20 Enter the amount from line 1 20 21 Multiply line 20 by 1.45% (0.0145). This is your regular Medicare trx withholding on Medicare wages 21 22 Subtract line 21 from line 19. If zero or loss.enter -0. This is your Additional Medicare Tax withholding on Medicare wages 22 23 Additional Medicare Tax withholding on railroad retirement RRTA) compensation from Form W-2 box 23 14 see instructions 24 Total Additional Medicare Tax withholding. Add lines 22 and 23. Also include this amount with federal income tax withholding on Form 1040, 040-SR, or 1040-NR line 25c Form 1040-PR or 1040-SS files. See instructions 24 For Paperwork Reduction Act Notice, see your tax return instructions, Cat 56476 Form 8959 2020 8960 Net Investment Income Tax- Individuals, Estates, and Trusts On the 2019 Attach to your tax return Go to www.lrs.gow Form for instructions and the latest Information Ant Non your han Sunce No. 72 Your socurity number of EIN Parti Investment Income Section 6013) election instructions Section 6013) election (see instructions) Regulations section 1.1411-10 election (see instructional 1 Taxable interest instructions 1 2 Ordinary dividends see instructions 2 3 Annuities (be instructions) 3 4a Rental real estate, royalties, partnership Scorporation trusts, etc. tree Instructions) 4a b Adjustment for not income or loss derived in the ordinary course of a non- section 1411 trade or business (see instructions 46 C Combine lines and 4b 40 56 Net gain or loss from disposition of property se instruction) 5a b Net gain or loss from disposition of property that is not subject to net Investment income tax see instructions) 5b Adjustment from disposition of partnership interest or corporation stock (000 instructions 50 d Combine lines 5a through 5c 5d 6 Adjustments to investment income for certain CFCs and PFICs (see instructions 6 7 Other modifications to investment income (soo instructions) 7 8 Total investment income. Combine lines 1. 2. 3. 4o 5d. 6 and 7 8 Part II Investment Expenses Allocable to Investment Income and Modifications 9a Investment interest expenses (see instructions) Sa b State, local, and foreign income tax se instructions) 9b Miscellaneous investment expenses (see instructions c d Add lines Sa, 9b, and 9 9d 10 Additional modifications (see instructions) 10 11 Total deductions and modifications. Add lines 9d and 10 11 Part III Tax Computation 12 Net investment income. Subtract Part II. line 11, from Part I. line 8. Individuals, complete lines 13-17 Estates and trusts, complete lines 18-21. If zero or loss, enter-O. 12 Individuals: 13 Modified adjusted gross income (se instructions) 13 14 Threshold based on filing status (see instructions) 14 15 Subtract line 14 from line 13. zero or less enter-O. 15 16 Enter the smaller of line 12 or line 15 16 17 Net investment income tax for individuals. Multiply line 16 by 3.8% (0.038). Enter here and include on your tax return see instructions) 17 Estates and Trusts: 180 Not investment income line 12 above) 18a b Deductions for distributions of net investment income and deductions under section 642 c) (see Instructions) 185 Undistributed not investment income. Subtract line 18b from 18a (see instructions) If zero or loss, enter-O- 18c 190 Adjusted gross income (soe instructions) 19a b Highest tax bracket for states and trusts for the year is instructions) 19b Subtract line 196 from line 19. If zero or less, enter-O- 190 20 Enter the smaller of line 18c or line 190. 20 21 Nel investment income tax for estates and trusts. Multiply lino 20 by 3.8% (0.038). Enter here and include on your tax return (se instructions) 21 For Paperwork Reduction Act Notice, see your tax return instructions CNG Form 8960 01 Nathan Cohen, age 45, is a single taxpayer who lives at 2245 Mardel St., San Jose, CA 95130. His social security number is 351-42-1961. Nathan's earnings and withholdings as a marketing director at a high-tech company for 2020 are: Earnings from Placeware, Inc. $297,000 (this is after subtracting his health insurance premiums --see below) Federal Income tax withheld $50,000 State income tax withheld $23,500 Other facts and possibly useful information: Nathan earns interest on a savings account at Bank of the West of $13,075. Nathan is divorced, the divorce was final May 3, 2016, and pays his ex-wife $4,000 per month. When their 15-year old daughter (who lives 100% with the ex-wife) reaches 18, the payments drop to $2,800 per month. The reason it drops is because he is no longer paying child support once his daughter turns 18. His ex-wife's social security number is 857-51-6438. Nathan does not claim his daughter as a dependent Nathan paid the following amounts (he has records to prove payment): California DMV renewal taxes (the value based part) : $300 Credit card interest expense $1,760 Auto Loan interest expense $4,300 Property taxes on his home $6,200 Blue Cross health insurance premiums $1,800 withheld from his paycheck (not deducted on Sch A, already paid with pretax dollars!). Check only 1040 Department at the Tury--world (99) U.S. Individual Income Tax Return 2020 OMB No. 1545-0074 In Us On-Do not writers in this space Filing Status Single Married filing lointly Murtied fling separately (MFS) Head of household (HOH) Qualifying widower) (OW one box If you checked the MFS box, enter the name of your spouse. If you checked the HOH or OW box, enter the child's name if the qualifying person is a child but not your dependent Your first narge and middle initial Your social security number Nathan cohen 35/1401190 I joint retum, spouse's first name and middle initial Spouse's social security number Last name Last name 2245 mardel st san sose 95130 Home remember and the photo intito Apt no Presidential Dection Campaign Check here if you, or your spouse if filing jointly, want $3 City, town, or post office. If you have a foreign address also complete spaces below State ZIP code to go to this fund. Checking a CA box below will not change Foreign country name Foreign province/state/county Foreign postal code your tax or refund You Spouse At any time during 2020, did you receive, nell, send, exchange, or otherwise acquire any financial interest in any virtual currency? Yes No Standard Someone can claim you as a dependent Your spouse as a dependent Deduction Spouse itemizes on a separate return or you were a dual-status alien Age/Blindness You Were bom before January 2, 1958. Are blind Spouse: Was born before January 2, 1956 is blind Dependents (see instructions (2) Social security (3) Relationship (4) iustifies for see instructional If more (1) First name Last name number to you Chid tax credit Credit for other dependents than four dependents see instructions and check here 1 Wages, salaries, tips, eto, Attach Forms) W-2 1 Altach 20 21 Tax-exempt interest Sch. B 2b b Taxable interest 3a Ja Qualified dividends 3b required b Ordinary dividendo 4a TRA distributions 45 b Taxable amount 4a 50 Pensions and annuities 50 b Taxable amount 5b Standard Ga Social security benefits ba b Taxable amount ob Deduction for 7 Capital gain or loss), Attach Schedule D if required. If not required, check here 7 Single of Married fing B 8 Other income from Schedule 1. line 9 separately 9 9 $12.400 Add lines 1, 2, 3, 4, 5, 6, 7 and 8. This is your total income Married fing 10 Adjustments to income jointyor Qualifying From Schedule 1. line 22 100 widowie b Charitable contributions if you take the standard deduction See instructions 10b 100 Head of C Add lines 10 and 10b. These are your total adjustments to income household 11 $18.650 11 Subtract line 100 from line 9. This is your adjusted gross income - if you checked 12 Standard deduction itemized deductions (from Schedule A) 12 any box under Standard 13 13 Qualified business income deduction. Attach Form 8995 or Form 8995-A Deduction 14 Add lines 12 and 13. 14 so instructions, 15 Taxable income. Subtract line 14 from line 11. If zero or less enter-0- 15 For Disclosurn. Privacy Act, and Paperwork Reduction Act Notice, se separate instructions, Form 1040 2020 14.00 Cal No 11300 Page 2 Form100 000 DO 98SN $*829 88 VY 350 16 16 Tax (onstructions. Check it any from Form) 18814 2 0497230 17 Amount from Schedule 2 line 3 17 18 18 Add lines 16 and 17 19 Child tax credit or credit for other dependents 19 20 Amount from schedule 3, ne? 20 21 Add lines 19 and 20 21 22 Subtract line 21 from ine 18. Izero or loss, ante 22 23 23 Other taxes, including self-employment tax, trom Schedule 2 line 10 24 Add lines 22 and 23. This is your total tax 24 25 Federal income tax withheld from a Form W. 25 b Form 1099 250 C Other com estructional 250 d Add lines 25a through 250 250 26 26 - If you have 2020 estimated tax payments and amount applied from 2018 return nyingchid 27 Earned Income credit (EIC) 27 amach Sched - you have 28 Additional child tax credit. Attach Schedule 8812 not combat American opportunity credit from Form 1863, line 8 instruction 30 Recovery rebate credit. See Instructions 30 31 Amount from Schedule 3. line 13 31 32 Add lines 27 though 31. These are your total other payments and refundable credits 32 33 Add lines 25d, 26, and 32. Thene are your total payments 33 34 34 Refund If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you overpald 35a Amount of line 34 you want refunded to you. It Form 8888 is attached, check here Direct deposit b Routing number Type: Checking Savings Seotructions >d Account number 36 Amount of line 34 you want applied to your 2021 estimated tax 36 Amount 37 Subtract line 33 from line 24. This is the amount you owe now 37 You Owe Note: Schedule H and Schedule SE Hers, Ine 37 may not represent all of the taxes you owe for For details on 2020. See Schedule 3, line 12e, and its instructions for details how to pay, 500 instructions 38 Estimated tax penalty (see instruction) 38 Third Party Do you want to allow another person to discuss this return with the IRS? See Designee instructions Yes. Complete below. No Phone Personal identification Designe's no number PIN Sign Under penalties of perjury, I declare that have examined the return and accompanying schedules and statements, and to the best of my knowledge and beliet, they are true, correct and complete. Declaration of prepare other than taxpayer) is based on all information of which preparehas any knowledge Here Your signature Date Your occupation the IRS sent you an identity Protection PIN, enter the (sees) Joint return Se instruction Date Spouse's signature. If a joint return, both must sign Spouse's coupation If the IRS Set your spouse Keep a copy to Identity Protection PIN enter the see inst your records Phone no Email address Date PTIN Check Preparer's name Preparer's signature Paid Self-employed Preparer Phone no Firme Use Only Firm's EN Fim's address Form 1040 Go to www.ingowFm1040 for instructions and the latest information am SCHEDULE 1 OMB No 1545-0074 (Form 1040) Additional Income and Adjustments to Income 2020 Det Attach to Form 1040 1040-SR, or 1040-NA. Attachment Intemal Revenue Service Go to www.in.gov/Form 10-10 for instructions and the latest information Name(s) shown on Form 1040, 1040-SR, or 1040-NR Your social security number Sequence No. 01 .. NOUA 7 9 Part I Additional Income 1 Taxable refunds, credits, or offsets of state and local income taxes. 1 2a Alimony received 2a b Date of original divorce or separation agreement (see instructions) 3 Business income or loss). Attach Schedule 3 4 Other gains or losses). Attach Form 4797 4 5 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E 5 6 Farm income or (loss). Attach Schedule F 6 Unemployment compensation 7 8 Other income. List type and amount 8 9 Combine lines 1 through 8. Enter here and on Form 1040, 1040-SR, or 1040-NR. line 8 9 Part II Adjustments to Income 10 Educator expenses 10 11 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 11 12 Health savings account deduction. Attach Form 8889 12 13 Moving expenses for members of the Armed Forces. Attach Form 3903 13 14 Deductible part of self-employment tax. Attach Schedule SE 14 15 Self-employed SEP. SIMPLE, and qualified plans 15 16 Self-employed health insurance deduction. 17 Penalty on early withdrawal of savings 17 18a Alimony paid 18a b Recipient's SSN c Date of original divorce or separation agreement (see instructions) 19 IRA deduction 19 20 Student loan interest deduction 20 21 Tuition and fees deduction. Attach Form 8917 21 22 Add lines 10 through 21. These are your adjustments to income. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 10a 22 For Paperwork Reduction Act Notice, see your tax return Instructions, Cat No. 71479F Schedule 1 (Form 1040) 2020 16 SCHEDULE 2 OMB No 1545-0074 (Form 1040) Additional Taxes 2020 Department of the Tree Attach to Form 1040, 1040-SR, or 1040-NR. Internal Revenue Service Attachment Go to www.irs.gov/Form 1010 for instructions and the latest information, Sequence No. 02 Name(s) shown on Form 1040, 040-SR, or 1040-NR Your social security number 1 2 SIN 3 4 5 Part I Tax 1 Alternative minimum tax. Attach Form 6251 2 Excess advance premium tax credit repayment. Attach Form 8962 3 Add lines 1 and 2. Enter here and on Form 1040, 1040-SR, or 1040-NR. line 17. Part II Other Taxes 4 Self-employment tax. Attach Schedule SE. 5 Unreported social security and Medicare tax from Forma 4137 b8919 6 Additional tax on IRAs, other qualified retirement plans, and other tax-favored accounts. Attach Form 5329 if required 7a Household employment taxes. Attach Schedule H b Repayment of first-time homebuyer credit from Form 5405. Attach Form 5405 if required 8 Taxes from: a Form 8959 b Form 8960 c Instructions; enter code(s) 9 Section 965 net tax liability installment from Form 965-A 9 10 Add lines 4 through 8. These are your total other taxes. Enter here and on Form 1040 or 1040-SR, line 23, or Form 1040-NR, line 23b For Paperwork Reduction Act Notice, see your tax return instructions. Cat No. 714780 6 7a 7b 8 10 Schedule 2 Form 10401 2020 SCHEDULE A Form 10403 Itemized Deductions OU NO: 1545-0014 Go to www.in.gov/Schedule for instructions and the latest information 2020 Det the Attach to Form 1040 or 1040-SR Warna verive Caution you wecoming and called Gates on Form see the instructions to ice 16. Sec 07 how Form15004040-S Your security Medical and Dental Expenses Taxes You Paid Caution: Do not include experies reimbursed or pad by others 1 Medical and dental expenses see instructions) 1 2 Enter amount from Form 1040 or 1040-SA, Ine 11 21 3 Multiply line 2 by 7.5% 0.075) 3 4 Subtract line 3 from no 1. line 3 more than line 1. enter 5. State and local taxes State and local income taxes or general taxes. You may include other income taxes or general sales taxes on line 5a, but not both, you elect to include general sales taxes instead of income taxes, check this box sa b State and local real estate taxes (see instructions) 50 c State and local personal property taxes 5c d Add line 5s through 50 5d Enter the smaller of line 5d or $10,000 $5,000f married liling separately 50 6. Other taxes List type and amount 7 Add lines 5e and 6 8 Home mortgage interest and points. If you didn't use all of your home mortgage loans to buy build, or improve your home, see Instructions and check this box a Home mortgage interest and points reported to you on Form 1098. See instructions if limited b Home mortgage interest not reported to you on Form 1092, See instructions if limited, if paid to the person from whom you bought the home, see instructions and show that person's name, identifying no and address 7 Interest You Paid Can you mortgage en maybe instructors Bb Points not reported to you on Form 1098. See instructions for special nulos 8e d Mortgage Insurance premiums (see instructions) sd Add lines Ba through Bd Be 9 Investment interest. Attach Form 4952 if required. See instructions. 9 10 Add lines Be and 9 10 Gifts to 11 Gifts by cash or check if you made any gift of $250 or more, see Charity instructions 11 Caution you 12 Other than by cash or check. If you made any gift of $250 or more madengtid Dota beror see instructions. You must attach Form 8283 it over $500 12 struction 13 Carrower from prior year 13 14 Add lines 11 through 13 14 Casualty and 15 Casualty and theft lossles) from a federally declared disaster other than not qualified Theft Losses disaster losses). Attach Form 4684 and enter the amount from Ine 18 of that form. See instructions 15 Other 16 Other -- from list in instructions. List type and amount Itemized Deductions 16 Total 17 Add the amounts in the far right column for fines through 16. Also enter this amount on Itomized Form 1040 or 1040-SR line 12 17 Deductions 18 if you elect to itemize deductions even though they are less than your standard deduction check this box For Paperwork Reduction Act Notice, see the Instruction for Forms 1040 and 1040-SR. Cat Siches A Form 10401 2020 SCHEDULEB (Form 10401 UMS NO 100 Interest and Ordinary Dividends Go to www.insgow Schedule for instructions and the latest information Attach to Form1040 1040 SFL 2020 Do they Nahoru A Sage No OB Your social security number 1 Part 1 Interest Amount List name of payer. If any interests from a senanced mortgage and the buyer used the property as a persona residence the instructions and let this Interest first. Also show that buyer's social security Sumber and address 1 and the struction for Tom 1000 and 1040-SA Notect you received a Fom 1090-INT, Form 1000-OIDE Site foment from a brokerage fum. Ist the payer and one the total interest shown on that form 2 Add the amounts on line 1 2 3 Excludable interest on series EE and US savings bonds issued after 1989 Attach Form 1815 3 4 Subtract line 3 from line 2 Enter the result there and on Form 1040 or 1040-SA line 2 4 Note: It line 4 is over $1.500. you must complete Part Amount Part 11 5 Listame of Day Ordinary Dividends See instructions and the instructions for Forms 1010 and 1040-SR line ab 5 Not you received a Form 1090-DIV. or substitute town from a brokotage for at the times mis as the payer and enter the ordinary dividends shown 6 on that for Add the amounts on line 5. Enter the total there and on Form 1040 or 1040-SR line 3b 6 Note: If line 6 is over St 500, you must complete Part Part II You must complete this part if you (n) had over $1,500 of table interest or ordinary dividends; (b) had a foreign account or (c) received a distribution from or were a grantor at or a transferor to a foreign trust. Yes No Foreign 7 At any time during 2020, did you have a financial in or signature authority over a financial Accounts account such as a bank account, securities account or brokerage account, located in a foreign and Trusts country? See instructions Caution If "Yes are you required to file Finger Form 114. Report of Foreign Bank and Financial required to Accounts (BAR), to report that financial interest or signature authority? See FinCEN Form 134 to FinCEN and its instructions for filing requirements and exceptions to those requirements Form 114 may b If you are required to file FinCEN Form 114.ter the name of the foreign country where the result in substanta financial account is located penalties, Son 8 During 2020, did you receive a distribution from or were you the grantor of or transfororto, a instructions foreign trust Yes you may have to file Form 3520. See Instructions For Paperwork Reduction Act Notion, see your tax return instruction. 14 Schedule B Form 10402020 8959 NO Additional Medicare Tax OM 1545-001 Foro If any line does not apply to you, love it bank. See separate instructions 2020 Department Innove Attach to Form 1040, 1600-SR. 1040-NR. 1040-PR or 1040-55 Attachment Go to www.powForms for instructions and the latest information No. 71 as shown on Your number Part 1 Additional Medicare Tax on Medicare Wages 1 Medicare wages and tips from Form W-2 box 5. If you have more than one Form W-2. enter the total of the amounts from box 5 1 2 Unreported tips from Form 41376 2 3 Wages from Form 8919, line 6 3 4 Add lines 1 through 4 5 Enter the following amount for your ting status Married fing jointly $250.000 Married filing separately $125.000 Single, Head of household, or Qualifying widower) 5200.000 5 6 Subtract line 5 from line 4. ro or less enter-0- 6 7 Additional Medicare Trx on Medicare wages. Multiply line 6 by 0.9% (0.009). Enter here and go to Part II 7 Part II Additional Medicare Tax on Self-Employment Income 8 Self-employment income from Schedule SE Form 1040). Parte 6. you had a loss, enter-O-Form 1040-PR or 1040-5S files, see instructions) 8 9 Enter the following amount for your filing status: Marned filing jointly $250.000 Mamed filing separately 5125.000 Single, Head of household, or Qualifying widowien $200,000 9 10 Enter the amount from line 4 10 11 Subtract line 10 from line 9. If zero or less enter-O. 11 12 Subtract line 11 from line B. zero or less, enter-0- 12 13 Additional Medicare Tax on self-employment income Multiply 12 by 0.96 0.009. Enter here and go to Partill 13 Part II Additional Medicare Taxon Railroad Retirement Tax Act RRTA) Compensation 14 Railroad retirement (RTA) compensation and tips from Formis) W-2. box 14 see instructions) 14 15 Enter the following amount for your fingstatus Married filing jointly $250.000 Married filing separately $125,000 Single, Head of household, or Qualifying widower) $200.000 15 16 Subtract line 15 from line 14. If Yoro or less enter-O- 16 17 Additional Medicare Tax on railroad retirement (RRTA) compensation Multiply line 16 by 0.9% (0.009 Enter here and go to Part IV 17 Part IV Total Additional Medicare Tax 18 Add lines 7. 13, and 17. Also include this amount on Schedule 2 Form 10401. line 8 (check box a) (Form 1040-PR or 1040-SS fliers, see Instructions, and go to Part 18 Part V Withholding Reconciliation 19 Medicare tax withheld from Form W-2, box 6. If you have more than one Form W-2, enter the total of the amounts from box 6 19 20 Enter the amount from line 1 20 21 Multiply line 20 by 1.45% (0.0145). This is your regular Medicare trx withholding on Medicare wages 21 22 Subtract line 21 from line 19. If zero or loss.enter -0. This is your Additional Medicare Tax withholding on Medicare wages 22 23 Additional Medicare Tax withholding on railroad retirement RRTA) compensation from Form W-2 box 23 14 see instructions 24 Total Additional Medicare Tax withholding. Add lines 22 and 23. Also include this amount with federal income tax withholding on Form 1040, 040-SR, or 1040-NR line 25c Form 1040-PR or 1040-SS files. See instructions 24 For Paperwork Reduction Act Notice, see your tax return instructions, Cat 56476 Form 8959 2020 8960 Net Investment Income Tax- Individuals, Estates, and Trusts On the 2019 Attach to your tax return Go to www.lrs.gow Form for instructions and the latest Information Ant Non your han Sunce No. 72 Your socurity number of EIN Parti Investment Income Section 6013) election instructions Section 6013) election (see instructions) Regulations section 1.1411-10 election (see instructional 1 Taxable interest instructions 1 2 Ordinary dividends see instructions 2 3 Annuities (be instructions) 3 4a Rental real estate, royalties, partnership Scorporation trusts, etc. tree Instructions) 4a b Adjustment for not income or loss derived in the ordinary course of a non- section 1411 trade or business (see instructions 46 C Combine lines and 4b 40 56 Net gain or loss from disposition of property se instruction) 5a b Net gain or loss from disposition of property that is not subject to net Investment income tax see instructions) 5b Adjustment from disposition of partnership interest or corporation stock (000 instructions 50 d Combine lines 5a through 5c 5d 6 Adjustments to investment income for certain CFCs and PFICs (see instructions 6 7 Other modifications to investment income (soo instructions) 7 8 Total investment income. Combine lines 1. 2. 3. 4o 5d. 6 and 7 8 Part II Investment Expenses Allocable to Investment Income and Modifications 9a Investment interest expenses (see instructions) Sa b State, local, and foreign income tax se instructions) 9b Miscellaneous investment expenses (see instructions c d Add lines Sa, 9b, and 9 9d 10 Additional modifications (see instructions) 10 11 Total deductions and modifications. Add lines 9d and 10 11 Part III Tax Computation 12 Net investment income. Subtract Part II. line 11, from Part I. line 8. Individuals, complete lines 13-17 Estates and trusts, complete lines 18-21. If zero or loss, enter-O. 12 Individuals: 13 Modified adjusted gross income (se instructions) 13 14 Threshold based on filing status (see instructions) 14 15 Subtract line 14 from line 13. zero or less enter-O. 15 16 Enter the smaller of line 12 or line 15 16 17 Net investment income tax for individuals. Multiply line 16 by 3.8% (0.038). Enter here and include on your tax return see instructions) 17 Estates and Trusts: 180 Not investment income line 12 above) 18a b Deductions for distributions of net investment income and deductions under section 642 c) (see Instructions) 185 Undistributed not investment income. Subtract line 18b from 18a (see instructions) If zero or loss, enter-O- 18c 190 Adjusted gross income (soe instructions) 19a b Highest tax bracket for states and trusts for the year is instructions) 19b Subtract line 196 from line 19. If zero or less, enter-O- 190 20 Enter the smaller of line 18c or line 190. 20 21 Nel investment income tax for estates and trusts. Multiply lino 20 by 3.8% (0.038). Enter here and include on your tax return (se instructions) 21 For Paperwork Reduction Act Notice, see your tax return instructions CNG Form 8960 01