1. Note: This problem is for the 2020 tax year. Beth R. Jordan lives at 2322 Skyview Road, Mesa, AZ 85201. She is a tax accountant with Mesa Manufacturing Company, 1203 Western Avenue, Mesa, AZ 85201 (employer identification number 11-1111111). She also writes computer software programs for tax practitioners and has a part-time tax practice. Beth is single and has no dependents. Beth was born on July 4, 1974, and her Social Security number is 123-45-6785. She wants to contribute $3 to the Presidential Election Campaign Fund. Beth received the appropriate coronavirus recovery rebates (economic impact payments); related questions in ProConnect Tax should be ignored. The following information is shown on Beth's Wage and Tax Statement (Form W2) for 2020.

Line	Description	Amount
1	Wages, tips, other compensation	$65,000.00
2	Federal income tax withheld	9,500.00
3	Social Security wages	65,000.00
4	Social Security tax withheld	4,030.00
5	Medicare wages and tips	65,000.00
6	Medicare tax withheld	942.50
15	State	Arizona
16	State wages, tips, etc.	65,000.00
17	State income tax withheld	1,954.00

2. During the year, Beth received interest of $1,300 from Arizona Federal Savings and Loan and $400 from Arizona State Bank. Each financial institution reported the interest income on a Form 1099INT. She received qualified dividends of $800 from Blue Corporation, $750 from Green Corporation, and $650 from Orange Corporation. Each corporation reported Beth's dividend payments on a Form 1099DIV. Beth received a $1,100 income tax refund from the state of Arizona on April 29, 2020. On her 2019 Federal income tax return, she claimed the standard deduction. Fees earned from her part-time tax practice in 2020 totaled $3,800. She paid $600 to have the tax returns processed by a computerized tax return service. On February 8, 2020, Beth bought 500 shares of Gray Corporation common stock for $17.60 a share. On September 12, 2020, Beth sold the stock for $14 a share. Beth bought a used sport utility vehicle for $6,000 on June 5, 2020. She purchased the vehicle from her brother-in-law, who was unemployed and was in need of cash. On November 2, 2020, she sold the vehicle to a friend for $6,500. On January 2, 2020, Beth acquired 100 shares of Blue Corporation common stock for $30 a share. She sold the stock on December 19, 2020, for $55 a share. During the year, Beth records revenues of $16,000 from the sale of a software program she developed. Beth incurred the following expenses in connection with her software development business.

Cost of personal computer	$7,000
Cost of printer	2,000
Furniture	3,000
Supplies	650
Fee paid to computer consultant	3,500

3. Beth elected to expense the maximum portion of the cost of the computer, printer, and furniture allowed under the provisions of 179. These items were placed in service on January 15, 2020, and used 100% in her business. Although her employer suggested that Beth attend an in-person conference on current developments in corporate taxation, Beth was not reimbursed for the travel expenses of $1,420 she incurred in attending the meeting. The $1,420 included $200 for the cost of meals. During the year, Beth paid $300 for prescription medicines and $2,875 for doctor bills and hospital bills. Medical insurance premiums were paid by her employer. Beth paid real property taxes of $1,766 on her home. Interest on her home mortgage (Valley National Bank) was $3,845, and credit card interest was $320. Beth contributed $2,080 to various qualifying charities during the year. Professional dues and subscriptions totaled $350. Beth paid estimated taxes of $1,000. Required: Compute Beth Jordans 2020 Federal income tax payable (or refund due), and complete her 2020 tax return using appropriate forms and schedules and the Qualified Dividends and Capital Gain Tax Worksheet.

• Make realistic assumptions about any missing data.

• If an amount box does not require an entry or the answer is zero, enter "0".

• Enter all amounts as positive numbers, unless instructed otherwise.

• It may be necessary to complete the tax schedules before completing Form 1040.

• When computing the tax liability, do not round your immediate calculations. If required round your final answers to the nearest dollar.

• Use the 2020 Tax Rate Schedule provided. Do not use the Tax Tables.

  PLEASE FILL OUT ALL FORMS FOR THIS PROBLEM.

Form Department of T-Series 1040 U.S. Individual Income Tax Return 2020 OMB No 1545-0074 IRS Use Only Filing Status Single Your first name and middle initial Beth R. Jordan Last name Your social security number 123-45-6785 Spouse's social security number I joint return, spouse's first name and middle initial Last name Home address number and street). If you have a PO box, see instructions Apt.no Presidential Election Campaign 2322 Skyview Road Check here if you, or your spouself City, town, or post once. If you have a foreign address, also complete State ZIP code ning jointly wants to go to this spaces below tund. Checking a box below will not Mesa, AZ 85201 change your tax or refund You Foreign country name Foreign province/state/county Foreign postal code No At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency? Standard Someone can claim: None Deduction - Age/Blindness Dependents If more than four dependents, see Instructions and check here You: None Spouse: None (see instructions): (1) First name Last name (2) Social security number (3) Relationship to you (4) oualifies for (see instructions) Od tax credit Credit for other dependents Wages, salaries, tips, etc. Altach Form(s) W-2 1 65,000 2a Tax-exempt interest za Attach Sch. Bir required baxable interest 2b 1,700 Ja Qualified dividends 3a 2,200 b Ordinary dividends 3b 2,200 4a TRA distributions 45 4a 5a bhable amount Taxable amount Sa Pensions and annuities Sb Ga Social security benefits 60 baxable amount 5b 7 Capital gain or loss). Attach Schedule Drequired. not required, check here 7 1,200 Standard Deduction for Single or Married filing separately $12.400 Married filing 8 Other income from Schedule 1, line 9 B 9 Add lines 1, 2, 3, 4, 5, 6, 7 and 8. This is your total income 9 25 Federal income tax withheld from: Form(s) W-2 25a 25 b Form() 1099 Other forms (see instructions) C 250 250 26 & Addnes 25a through 250 If you have a 26 2020 estimated tax payments and amount applied from 2019 return qualifying child, attach Sch. EIC Earned income credit (EIC) 27 If you have 27 nontaxable combat pay, see 28 Additional child tax credit. Attach Schedule 8812 Instructions 28 American opportunity credit from Form 8563, line 8 29 29 Recovery rebate credit. See Instructions 30 30 Amount from Schedule 3, line 13 31 31 32 Add lines 27 through 31. These are your total other payments and refundable credits 32 33 33 Add lines 25d, 26, and 32. These are your total payments If line 33 is more than line 24, subtract line 24 from tine 33. This is the amount you 34 Refund overpaid 100 34 350 Amount of line 34 you want refunded to you. If Form 3888 is attached, check here 35a Direct deposit b Routing number Type: Checking Savings See instructions d Account number 36 Amount of line 34 you want applied to your 2021 estimated tax 36 37 Amount You Owe For details on how to pay, see instructions 37 Subtract line 33 from line 24. This is the amount you owe now Note: Schedule Hand Schedule Se filers, line 37 may not represent all of the taxes you owe for 2020. See Schedule 3, line 120, and its instructions for details. Estimated tax penalty (see instructions) 38 Third Party Designee Do you want to allow another person to discuss this reture with the IRS See Instructions Yes. Complete below No Complete Beth's Schedule 1 below for 2020 SCHEDULE 1 OMB No. 1545-0074 (Form 1040) Additional Income and Adjustments to Income 2020 Department of the Treasury Attach to Form 1040, 1040-SR, or 1040-NR. Attachment Internal Revenue Service Go to www.lrs.gov/Form 1040 for instructions and the latest information Sequence No. 01 Name(s) shown on Form 1040, 1040-SR, or 1040-NR Your social security number Beth R. Jordan 123-45-6785 At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual Yes No currency? Part 1 Additional Income 1 1 2a 3 Taxable refunds, credits, or offsets of state and local income taxes Za Allmony received b Date of original divorce or separation agreement (see instructions) 3 Business income or loss). Attach Schedule 4 Other gains or losses) Attach Form 4797 Rental real estate, royalties, partnerships, 5 corporations, trusts, etc. Attach Schedule E Farm income or loss). Attach Schedule F Unemployment compensation Other income. List type and amount 4 5 5 6 6 7 7 8 8 9 Combine lines 1 through 8. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 8 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 1889 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 4 4 Other gains or losses). Attach Form 4797 5 5 6 6 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E Farm income or loss). Attach Schedule Unemployment compensation Other Income List type and amount > 7 7 B 8 9 Combine lines 1 through 8. Enter here and on Form 1040 1040-SR, o 1040-NR, line 8 9 Part II Adjustments to Income 10 10 Educator expenses 11 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 11 12 Health savings account deduction. Attach Form 1889 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 15 24 Self-employed SEP, SIMPLE, and qualified plans 16 16 Self-employed health insurance deduction 17 17 Penalty on early withdrawal of savings. 180 18a Alimony paid b Recipient's SSN c Date of original divorce or separation agreement (see instructions) 19 19 IRA deduction 20 Student loan interest deduction 20 22 21 Tuition and fees deduction. Attach Form 1917 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 BAA For Paperwork Reduction Act Notice, see your tax return instructions. Schedule 1 (Form 1040) 2020 Schedule 2 Complete the Beth's Schedule 2. SCHEDULE 2 OMB No. 1545-0074 (Form 1040) Additional Taxes 2020 Department of the Treasury Attach to Form 1040, 1040-SR, or 1040-NR. Attachment Internal Revenue Service Go to www.irs.gov/Form1040 for instructions and the latest information. Sequence No 02 Noo: Name(s) shown on Form 1040, 1040-SR, or 1040-NR Your social security number Beth R. Jordan 123-45-6785 Part 1 Tax 1 Alternative minimum tax. Attach Form 6251 1 2 2 3 3 4 5 6 Excess advance premium tax credit repayment. Attach Form 8962 Add lines 1 and 2. Enter here and on Form 1040, 1040-SR, or 1040-NR, tine 17 Part II Other Taxes Self-employment tax. Attach Schedule SE 5 Unreported social security and Medicare tax from Form: a 0 4137 8919 6 Additional tax on IRAs, other qualified retirement plans, and other tax-favored accounts. Attach Form 5329 it required 7 Household employment taxes. Attach Schedule b Repayment of first-time homebuyer credit from Form 5405. Attach Form 5405 if required 8 Taxes from: a Form 1959 b Form 8960 e o Instructions; enter code(s) 9 Section 965 net tax liability installment from Form 065A 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 235 BAA For Paperwork Reduction Act Notice, see your tax return instructions. Schedule 2 (Form 1040) 2020 7a 7b 8 9 10 Complet's schedule for 2030 SCHEDULEB OM 1545-0074 Interest and Ordinary Dividends (Form 1040) 2020 Department of the Treasury Go to www.in.gov/Schedule for instruction and the latest Information Attachment Internal Revenue Service 1993 Attach to form 1040 or 10-40-5R. Sequence No. O Name() shown on return Your social security number Beth R. Jordan 123-45-6785 Part 1 1 List name of Dave If any interest is from a sellernanced mortgage and the buyer Amount used the property as a personal residence, the structions and first this interest Interest first. Also, show that were dal security number and is (See Instructions and the instructions for Forms 1040 1040-526.) Note: If you received a form 1099-INT, Form 1099-10, or Substitute statement from a brokerage Tum, list the firm's name as the payer and enter the total interest shown on that form 2 3 2 Add the amounts one 1 3 Budable interest on series and I U.S. Savings bonds issued a 1989. Attach Form 3815 4 Subtract line from the 2. Enter the result here and on Form 1040 1040-SR. line 25 Note 11 e 4 is over $1,500, you must complete Part II 5 Lt name of payer 4 Amount Part II Ordinary Dividende (See instructions and the instructions for Form 1040 1040 SR, 1) Note: If you received a form 1099-OIV or substitute statement from a brokerage form at the firm's name as the payer and enter the ordinary dividends shown on that form 6 Add the amounts on line 5. Enter the total here and on Form 1040 or 1040-SR line 3 5 Notes over $1,500, you must complete Part You must complete this part of you(a)Nad over $1,500 of table interest ordinary dividends (6) Mad Part III SCHEDULEC Profit or Loss From Business 1541-01 (Perm 1040) 2020 Go to www.fortunad the information Depart of the Treasury Attach to Form 1846, 1040-SR, 164-10411 partnerships grally nema Servis must The Por 1065 S social y number (5) Beth Jordan Priser, victor) Enter code into Tax Preparation and software Services STO c the name Employer 1 umber (EIN) (en) Husiness or 2332 Skyview Road Croce Here AZ 85201 Accounting method (1) (2) (3) Orechy Did you may in the restes during 20301 G confort Yes No 1 a 3 5 18 19 H If you are red this business during 2006 dhe here out you make met 2020 that would you to form() 1.098 Stein 3 If you will feed Form) 10991 Part 1 Income 1 receber se transferine and check the box sported to you W-2 and they employee the form waheed 2 Stromine 4 Conto sold one) Gres profit. Strom & Other intinding dengan tersendons) 7 Gross income Ads and Part II Expensenters for these of your home only on line 30 Acer . LB Ometico) Card truck expense 19 Perandoring ruction) 5 20 Renter 10 and fees 10 Vice machinery and 11 Custratores 11 Other 12 Delen 12 21 min 13 Depand chion 179 22 Supercoin Puri) e destinate 23 Teens Porto) 13 24 Travel and me 14 Employee bent programs a Travel (or an orina 17 16 Dedecease 15 trance that 15 con 16 Interest (see) 25 Mortgage load te banks, 16 26 amater) Om 160 27 Osestrom 17 Legal and profesional services 17 Reserved for twee 28 Tetal expenses are expenses for business Home. Afinestro 22 200 20 21 22 23 24 24 25 26 27 27 28 29 23 Tentative profit or low Subtract line from 30 Expenses for Business use of your home or report these expenses here. Alta Form 325 les wing them. See . 1 Total pebre new business www 2 2 Tour 30s for bus your home. Det er wing the methods Simplified method fere only when you of your home used for bu Use the Same Metro Warish them to enter in 30 31 Net profiter (us). Substine 30 i prentar on the schedule 1 (Perm 1040), in schedules, 2 you thered the best on Form 1041, ne 30 31 12 If you hate the hottest you with active If you are both schedule Form 1040. Tine Schedules 32 line 2 (ne that had the box om in the line 31 Petrumentales and in Form } 104. line: you check you mustach Farm 19 may be BA For Paperwork Reduction Act Notice, we the partenaruction Scherm 10402030 Form1040) 2010 B. Jordan Part 1 Cet of Good Soldestruction 33 Method Vadong inventory Cost Looma c) 34 was there any change der Gutts, or wtion between and Ich 35 tentary beginning of your from a desing ventory 35 36 Purchases worn for per 36 39 Cost of labor Domoteurs paid to your 3 Maps 29 O 39 40 Adeliness through 40 42 end of your 42 Goat of goede doeltretto 42 Part TV Information on Your Vehicle Complete this part only God to file Form 562 for Set the stone 4 When did you your this storbe Duos 44 of the number of mes you drove your viden 2000, you Coming soon) 45 Wes you have for personale tuning - 46 Do you for your searches 47 Do you have your con the w Party Other Expenses. Us cited nes - saa computebescher2000 Capital Gains and Losses SCHEDULED OM 1565-004 (ore 1040) Arch to form 104, 1040-R 1040-NR. 2020 Demeter e to www.ro/Schedule for instructions and the latest Information Aten Use Por 1949 to list your transactions for 12 h, and 10 Namen Your social security Ruth Jordan Did you know med opportunity forduring that year? Yes No Iwata for 2018 and indoor and reporting your Partithert Term Capital Caine and on-Canarily Anete Hold One Yarar las instruction) See instructions for how to the Staten the (1) Gain or (e) Adjustments Cha) Subtract coun (0) (6) Den from Proces Colorather Form), Part erum con This form to come you round of consta (d) and combine pe) Basi) 2. the with column 1 Ton for this reported on to 1000-1 for which was reported to the land for which you enter) However the tractions omave the line tank and go to 1bots for conton Form Box Achecked 2 Data for all transaction reported on Form) with Boxed 3 Toth for in reported on Form) 8940 with Box Chedd 4 Short term from Tom 6292 and short-term gamor (on) tron forms 4654, 67, and 24 4 Natshort-term gain or outro partnership Scorpions, estates, and trusts from Schees) 5 Short-tem capital camovet Enter the mountary, from ine of your Capital Con Carryaver Worlatinum 6 7 Net short-term capital gain or (a). Combines through 6 in count you have any long term capital internet, so the below. Oh, go to the to the back > Part Long-Term Capital Gelns and Loes - Generally Assets Held More Than One Year ( structions) Se instruction wore the amount to the co) c) Gain or (los) Auto Subtract.com (d) girls w from Processes Cost other Form) This form may be use to completely round of controle b) Part It, ne and combine dan There with column() cuma Tutamised on Form 1099- for which were to the IRS and for which you have to choose to report all these tractions on For 1949, lave sine bank and go to line 3 Sb Totorarted on Form) 1949 with Box she Total for reported on Form with or Eche 10 Torta de Ports) 949 with box Fcheet 11 Gain from Porn 4717. Permain from 200 and 625), and long-teman er from 11 Forma 154.7 1034 12 enero parte corporation, and transchede 12 Form foret for 2000.11 ruled, the mission to indicates Farm 8949 Sales and Other Dispositions of Capital Assets CH, 1545-004 Go to www.ro/Form949 for instructions and the latest information 2020 Department of the Treasury file with your schedule D to let your transactions for line 1, 2, 3, 4, 2, and advent Internal Revenue Service 10 of Schedule Sequence Name() shown on return SSN or taxpayer entification number Beth R. Jordan 123-45678 Before you check A, or chelewhether you received any Form) 1000-ruutmerom your obte statement will have the same information Form on her will show whether your bay your the by your bread my very which box to check Part Short-Term. This involving sets you held year or less are generally short term structo)For long term transactions, see 2 Hotel You may aggregate all short term transactions reported on Form) 1999-wing besis was reported to this for which no ets or codes wereured. Enter the total directly Schedule Din 18 you aren't required to reporte transactions on Form 1949 sections). You must check Box A, B, or below. Check only one box. If more than one box applied for your short-term tractions, com separate rom 1940, page 1, for each applicable to you have more short-term transaction than will on this page for one or more of the be completes many forms with the same box checked you need (A) Short-term transaction reported on Form) 100-showing basis was reported to the IRS ( Note above) (8) Short-term transactions reported on Form() 100- showing tous wan't reported to the IRS (C) Short-term transactions not reported to you on Form 10998 1 ch) Adjustment, if any, Gainer (e) gain or loss. If you enter an closa) amount in cu().enter Cost or other (d) Subtract a code is columns (c) (D) hasis. See the Description of property Proceeds the separata instruction Dabe sold Note below from column (Example: 100 shares XYZ Date acquired disposed of and see (e) and (see Coday. Co. (Hoday, y) Column() in 0 (9) combine the ins Amount of negut with Instructions Instructions adjustment column (o the Cade) from 500 Shares Gay Corporation 02/08/20 0912/20 100 01/02/20 12/19/20 2 Totals. Add the amounts incoln (d). 19), and th(brat negative amounts) ter each other and include on your schedule tine 16 Box Above schedad), line 2 of Box above i checked), or line 3 of Box Cabove is checked) Note: If you checked Box A above but the basis reported to the IRS was incorrect, enter in comun (e) the basis os reported to TS, and enberan adjustment in column (o) to correct the basis See Column (g) the separate instructions for how to figure the amount of the BAA For Paperwork Reduction Act Notice, see your tax return instructions Form 49 (200) Yerm 8949 Sales and Other Dispositions of Capital Assets Go to www.reformes for instruction and the latest Information 2020 Department of the File with your schedule to let your transaction for lines th, 2.1, internate Service 10 of Schedule SA Name on turn SSN yerine Beth Jera Before you check when you recent any former temente ne smemo Form1099-show where you the by yourse and you ch box toch Parti Short-Term. This is you are short tem transactions 2 Hotel martesort-term reported on Form 1090m bassorted to the which no atents or codes are required Enter the stars in an Schedule bine 18 mm transactions on Form Nutions) You must check Box A below. Check only one bow. If more than one bow ople for your home.com Form 49. chaplicable byer sottract po bocomplete any form with the same they (A) Short-term tractor reported on Form 1099 showing was reported to the Note (6) Short-term rented Form) 1099 showing we'reported (C) Short-term transactions not reported to you on Form 1099-8 Adjustment ante pain or loss you Class Costarmour.com (d) (a) (6) code See has. See the Proce Description of property Date solo Note (Eagle 100 shares XYZ Date cu po and and CO) Moday.yt ce day y.) Column the Amount Inst the Co Utty Vahid 06/05/20 11/02/20 2 Totals. Add the amounts in allumina.(e), and (Norgemounts). Enter each other and include on your schedule, line 1b Box Above schede). Be above is checked or line 3 Box Cove checked) Note: If you checked to above but the reported to the was incorrect, enter income) the both enteran actorent in column() to correct the basis. See Column() in partestructions for how to remote adjustment BAA For Paperwork Reduction Act Notice, see your tax return instruction Form 2020 Cam Schedule 2020 Imed, round the Self-Employment Tax SCHEDULE SE GHS 1545-001 (Form 1640) 2020 De there Go to www.itis and the latest Information Acment tremale Service (991 Auch to 104, 104-5, 1040-NR. Set Name of wellness Scomber 1040-SR or 1600- employment 123-45-6785 Beth Jordan Part 1 Self-Employment The Nobel your new church employees here to report you in and the define of churches A you are moregos and you find farm , vt you had $400 are there anymore Stand by the past 1. Nettario che and female charm 104.14 code IR ve social security ryb, et conserve Program pays indon Scheduled um 1015), box 20 code AM 16 2 you use the moment in tem 2 rotor from scheurend. Sex 14. code Ather than terminal Sentruction for other contemporary member of ouder a Continents, and 2 3 4a 4. In more that is by rent from the No dance to Content Reserve in the tructions you let ne both the optional methods 17 Cameras and 4400, you get to Exception than 400 and your church employees Sa Er your church engyee income to wo definition of change May 2.3 0.9235) than 100 & ones and 7 Minamoto combined womplete security portion of the mentet for Balsorty wages and show- load etter 1) com 5137,790 trough 10, and go to reported to social, werty tax homme Aadlines Subtractined from inerentes 10 Mathemaller flere by 12.45 0.120 RO: 3d 10 11 12 Selenleyment to Add in 10 and 11. Schedule 2 Form 1040), line 13 Deduction for anehalf of employment to Mine 12 tys.) thered on the 160 line 14 Part Optional methods To Pigure Net Ergo Farm Optional Method may this methony() 3.460. () youtumwa portion of the treen) for 2010 Ballory and a total of Turma rood recreate compensation. 175137.700 mere, et through 10, de in 11 h Unreported subject to start from Form 4.17. 10 Wagasts sed security fex fram form 18. in 10 Address Subtraction from time. I rementer - here and in 10 and go to 11 . 10 Multiply the matter of ink or het 12 (0.1241 10 14 11 plyn by 2.0400) 11 12 Self-employment and in 10 danner here and on schedule 2 (Form 1040), line 4 12 13 Deduction for one-half of lamplementar Multiply line 13 by S4 (30) Ferrandon Schedule 1 Form 1040). Ime 14 13 Part II Optional Methods To Rigure Net Barning instruction Farm Optional method. You may use this method only () your gross farm www more than 58,460, or(s) your netfarm prostre less than 16.107. 14 Mm for pianalmethods Is ther the smaller or two-thirds (2/3) gros tam come trot less than zeroy or $5,640. Also, include amount on ne above 15 Nantar Optional Methed. You may use this method only if () your netam protress than $6,107 and also tess than 72109 of your room income, and (b) you had net earning from employment of test 3400 2 of the prior years. Cautions you may use this method no more than five times 36 Subtractions from ine 14 17 Enter the smaller of two-thirds (2/3) of gross roam com not less than er or the amount online 16. Ale, Indude tento ined hove 17 From Schnen Set (Form 1005), box 14. code From the and Sch. 1 (Form 1065), box 14.com 3.From Sch. 134 and Sch. 1 Form 1065), box 14 code From she and Sch. (Form 1065), Box 14 codec - amount you would have entered on line 1b had you note ptional method BAA For Paperwork aduction Act Notice, see your tax return instructions Schedule SE (Form 1040) 2020 16 18 Scheest Form 1040) 2020 Beth Jordan 12345-6785 Actament Sequence No 17 Page 2 Part II Maximum Deferral of Self-Employment Tax Payments line casero, sites 18 through 20, and enter Online 21 18 Enter the portion of ine) that can be turbuted to March 27, 2020, through December 31, 2000 19 nein is more than er, multiply line 38 by 92-35% (0.4235), ther, enter the amount bine! 19 20 Enter the portion of net 15 and 17that can be attributed to March 27, 2020. rughamber 31, 2070 20 21 Combi 10 and 20 2:1 in line 22 and enteronine 23 22 Enter the portion or in that can be attributed to March 27, 2020, rogh December 31, 2020 22 Mine 2 by 2 (0.9235) 23 24 Add lines 21 and 23 24 25 the water of