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need help filling out a schedule 1 Complete a 1040 with the following information: You are filling jointly, married. You -- Income is 45, 600

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Complete a 1040 with the following information: You are filling jointly, married. You -- Income is 45, 600 (W2) You had $4,673.21 in Federal Income Tax Withheld Spouse -- Income is 56, 800 (W2) Spouse had $5 212.14 in Federal Income Tax Withheld Interested from Bank Account is $545 (1099) Dividends Received is $250 (1099) Your spouse won $900 the state lottery. They were also unemployed for a few weeks and collected $1,341 in unemployment insurance. You have a small side business making crafts and the taxable income from that is $698.00. You also received royalties from a commercial you wrote, and the taxable income from that is $1,987.67. What is the total of this additional income? You will need to fill out a Schedule 1 for this additional income and transfer it to your 1040. SCHEDULE 1 (Form 1040) Additional Income and Adjustments to Income OVO No 1545-0014 Department of the Treasury Attach to Form 1040, 040-SR, or 1040-NR. 2020 Internal Reverse Service Go to www.irs.gov/Form1040 for instructions and the latest information. Attachment Sequoi 01 Names) shown on Form 1040. 1040-SR, or 1040-NA Your social security number 1 2a Parti Additional Income 1 Taxable refunds, credits, or offsets of state and local income taxes 2a Alimony received b Date of original divorce or separation agreement (see instructions) 3 Business income or loss). Attach Schedule C 4 Other gains or losses). Attach Form 4797 5 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E 6 Farm income or (loss). Attach Schedule F 7 Unemployment compensation. 8 Other income. List type and amount 3 4 Non 8 10 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 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 16 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 novim Nm guys you Page 2 250 6201 2011 Rehund Fome 1010 0000 16 Taxis Instructions. Check it any from Formy: 1 8814 24972 3 17 Amount from Schedule 2. line 3 17 18 Add lines 16 and 17. 18 i 19 Crid tax credit or credit for other dependents 19 20 Amount from Schedule 3, ne? 20 21 Add lines 10 and 20 21 698 22 Subtractine 21 from line 18. If zero or less, enter -0. 22 23 Other taxes, including employment tax, from Schedule 2. line 10 23 24 Add line 22 and 23. This is your total tax 25 Federal income tax with held from a FormW-2 b Formin 10991 256 c Other forms ce instructions 250 & Add lines 25 through 250 250 6208 26 .you 26 2020 estimated tax payments and amount applied from 2019 return Gunting chid 27 Earned income credit (EIC) 27 atid you have 28 Additional child tax credit. Altach Schedule 8812 28 note 29 compay. American opportunity credit from For 1863, line 8 29 Recovery rebate credit. See instructions 30 31 Amount from Schedule 3, Ine 13 31 Add lines 27 through 31. These are your total other payments and refundable credits 32 Add lines 250, 20, and 32. These are your total payments 33 GADI Refund 34 if line 33 is more than Ine 24, subtract line 24 from line 33. This is the amount you overpaid 34 35e Amount of line 34 you want refunded to you. If Form 1888 is attached, check here 350 Directory Routing number Type Checking Savings d Account number Amount of line 34 you want applied to your 2021 estimated tax Amount 37 Subtractine 33 from line 24. This is the amount you owe now 37 You Owe Note: Schedule H and schedule Se fiers, line 37 may not represent all of the taxes you owe for 2020. See Schedule 3, line 12, and its instructions for details 38 Estimated tax penat e instructional 30 Third Party Do you want to allow another person to discuss this return with the RS? 500 Designer Instructions Yes. Complete below. No Desn's Phone PHIM HNH PIN Sign Unders of jy I declare that we this and companying shed and talent and to the best of my wedge and Here bahwe.com and complete. Deciwn of her than any dom of which has a new Due Your occupation the you all Pither ourulu Strom both must s'occupation Key you e send you Ny Protection there tre Papers Da TIN Paid Preparer Use Only PEN om 1040 Account Complete a 1040 with the following information: You are filling jointly, married. You -- Income is 45, 600 (W2) You had $4,673.21 in Federal Income Tax Withheld Spouse -- Income is 56, 800 (W2) Spouse had $5 212.14 in Federal Income Tax Withheld Interested from Bank Account is $545 (1099) Dividends Received is $250 (1099) Your spouse won $900 the state lottery. They were also unemployed for a few weeks and collected $1,341 in unemployment insurance. You have a small side business making crafts and the taxable income from that is $698.00. You also received royalties from a commercial you wrote, and the taxable income from that is $1,987.67. What is the total of this additional income? You will need to fill out a Schedule 1 for this additional income and transfer it to your 1040. SCHEDULE 1 (Form 1040) Additional Income and Adjustments to Income OVO No 1545-0014 Department of the Treasury Attach to Form 1040, 040-SR, or 1040-NR. 2020 Internal Reverse Service Go to www.irs.gov/Form1040 for instructions and the latest information. Attachment Sequoi 01 Names) shown on Form 1040. 1040-SR, or 1040-NA Your social security number 1 2a Parti Additional Income 1 Taxable refunds, credits, or offsets of state and local income taxes 2a Alimony received b Date of original divorce or separation agreement (see instructions) 3 Business income or loss). Attach Schedule C 4 Other gains or losses). Attach Form 4797 5 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E 6 Farm income or (loss). Attach Schedule F 7 Unemployment compensation. 8 Other income. List type and amount 3 4 Non 8 10 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 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 16 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 novim Nm guys you Page 2 250 6201 2011 Rehund Fome 1010 0000 16 Taxis Instructions. Check it any from Formy: 1 8814 24972 3 17 Amount from Schedule 2. line 3 17 18 Add lines 16 and 17. 18 i 19 Crid tax credit or credit for other dependents 19 20 Amount from Schedule 3, ne? 20 21 Add lines 10 and 20 21 698 22 Subtractine 21 from line 18. If zero or less, enter -0. 22 23 Other taxes, including employment tax, from Schedule 2. line 10 23 24 Add line 22 and 23. This is your total tax 25 Federal income tax with held from a FormW-2 b Formin 10991 256 c Other forms ce instructions 250 & Add lines 25 through 250 250 6208 26 .you 26 2020 estimated tax payments and amount applied from 2019 return Gunting chid 27 Earned income credit (EIC) 27 atid you have 28 Additional child tax credit. Altach Schedule 8812 28 note 29 compay. American opportunity credit from For 1863, line 8 29 Recovery rebate credit. See instructions 30 31 Amount from Schedule 3, Ine 13 31 Add lines 27 through 31. These are your total other payments and refundable credits 32 Add lines 250, 20, and 32. These are your total payments 33 GADI Refund 34 if line 33 is more than Ine 24, subtract line 24 from line 33. This is the amount you overpaid 34 35e Amount of line 34 you want refunded to you. If Form 1888 is attached, check here 350 Directory Routing number Type Checking Savings d Account number Amount of line 34 you want applied to your 2021 estimated tax Amount 37 Subtractine 33 from line 24. This is the amount you owe now 37 You Owe Note: Schedule H and schedule Se fiers, line 37 may not represent all of the taxes you owe for 2020. See Schedule 3, line 12, and its instructions for details 38 Estimated tax penat e instructional 30 Third Party Do you want to allow another person to discuss this return with the RS? 500 Designer Instructions Yes. Complete below. No Desn's Phone PHIM HNH PIN Sign Unders of jy I declare that we this and companying shed and talent and to the best of my wedge and Here bahwe.com and complete. Deciwn of her than any dom of which has a new Due Your occupation the you all Pither ourulu Strom both must s'occupation Key you e send you Ny Protection there tre Papers Da TIN Paid Preparer Use Only PEN om 1040 Account

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