Please read the question carefully.

Fill 1040 for 2020. Do not give me the solution, please fill the 1040 that is attached.

Name all the schedules.

Alton Newman, age 67, is married and files a joint return with his wife, Clair, age 65. Alton and Clair are both retired, and during 2020, they received Social Security benefits of $10,000. Both Alton and Clair are covered by Medicare. Altons Social Security number is 111-11-1119, and Clairs is 123-45-6786. They reside at 210 College Drive, Columbia, SC 29201. The Newmans received the appropriate coronavirus recovery rebates (economic impact payments); related questions in ProConnect Tax should be ignored. Alton, who retired on January 1, 2020, receives benefits from a qualified pension plan of $2,750 a month for life. His total contributions to the plan (none of which were deductible) were $168,250. In January 2020, he received a bonus of $2,000 from his former employer for service performed in 2019. No Federal or state income taxes were withheld on this bonus by his former employer (Amalgamated Industries, Inc.; EIN 12-3456789; 114 Main Street, Columbia, SC 29201). Although Amalgamated Industries, Inc., accrued the bonus in 2019, it was not paid until 2020. Clair, who retired on December 31, 2019, started receiving benefits of $1,400 a month on January 1, 2020. Her contributions to the qualified pension plan (none of which were deductible when made) were $74,100. On September 27, 2020, Alton and Clair received a pro rata 10% stock dividend on 600 shares of stock they owned. They had bought the stock on March 5, 2013, for $20 a share. On December 16, 2020, they sold the 60 dividend shares for $55 a share. On October 10, 2020, Clair sold the car she had used in commuting to and from work for $17,000. She had paid $31,000 for the car in 2014. On July 14, 2012, Alton and Clair received a gift of 1,000 shares of stock from their son, Thomas. Thomass basis in the stock was $35 a share (fair market value at the date of gift was $25). No gift tax was paid on the transfer. Alton and Clair sold the stock on October 8, 2020, for $24 a share. On May 1, 2020, Clairs mother died, and Clair inherited her personal residence. In February 2020, her mother had paid the property taxes for 2020 of $2,100. The residence had a fair market value of $235,000 and an adjusted basis to the mother of $160,000 on the date of her death. Clair listed the house with a real estate agent, who estimated it was worth $240,000 as of December 31, 2020. Clair received rent income of $6,000 on a beach house she inherited three years ago from her uncle Charles. She had rented the property for one week during the July 4 holiday and one week during the Thanksgiving holiday. Charless adjusted basis in the beach house was $150,000, and its fair market value on the date of his death was $240,000. Clair and Alton used the beach house for personal purposes for 56 days during the year. Expenses associated with the house were $3,700 for utilities, maintenance, and repairs; $2,200 for property taxes; and $800 for insurance. There are no mortgages on the property. Clair and Alton paid estimated Federal income tax of $2,000 and had itemized deductions of $6,800 (excluding any itemized deductions associated with the beach house). They did not engage in any virtual currency transactions during the year. If they have overpaid their federal income tax, they want the amount refunded. Both Clair and Alton want $3 to go to the Presidential Election Campaign Fund. Compute their 2020 Federal income tax payable or refund due and complete 2020 TAX.

2020 OMB No. 1545-0074 Dapartment of the Traasury- Internal Rovanie Savica 1040 (99) U.S. Individual Income Tax Return IRS Use Only- Do not writo or staple in this speca. Filing Status Single Married filling Jointly | Married filling separately (MFS) Head of household (HOH) Qualifying widowen (W) Check only If you checked the MFS box, enter the name of your spouse. If you checked the HOH Or O box, enter the child's name If the qualifying one box. person is a child but not your dependent Your first name and middle initial Your social security number I joint return, spouse's first name and middle initial Spouse's social security number Last name Last name 1 Home address (number and street). If you have a P.O. box, see instructions. Apt. no. Presidential Election Campaign Check here if you, or your City, town, or post office. If you have a foreign address, also complete spaces below. State ZIP code spouse if filing jointly, want $3 to go to this fund. Checking a 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, sell, 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 allen Age/Blindness You: were born before January 2, 1956 Are blind Spouse: Was bom before January 2, 1956 Is blind Dependents (see Instructions): (2) Social security (3) Relationship (4) Vit qualifies for see instructions): (1) First name If more Last name number to you Child tax credit Credit for other dependents than four dependents, see Instructions and check I here Wages, salaries, tips, etc. Attach Forms) W-2 1 Attach 2a Tax-exempt Interest 2a b Taxable interest 2b Sch. Bif 3a Qualified dividends 3a b Ordinary dividends 3b required. 4a IRA distributions 4a b Taxable amount. 4b 5a Pensions and annuities 5a b Taxable amount. 5b Standard 6a Social security benefits 6a b Taxable amount 6b Deduction for 7 Capital gain or loss). Attach Schedule D if required. If not required, check here 7 Single or Married fling 8 Other Income from Schedule 1, line 9. separately $12,400 9 Add lines 1, 25, 30, 40, 50, 60, 7, and 8. This is your total Income 9 Married fling 10 Adjustments to Income: Jointly or Qualifying a From Schedule 1, line 22 10a widowlen Charitable contributions if you take the standard deduction. See Instructions $24.800 100 Head of c Add lines 10a and 10b. These are your total adjustments to Income 10c household 11 $18,650 Subtract line 10c from line 9. This is your adjusted gross Income 11 If you checked 12 Standard deduction or itemized deductions (from Schedule A) 12 any box under Standard 13 Qualified business Income deduction. Attach Form 8995 or Form 8995-A 13 Deduction see instructions. 14 Add lines 12 and 13 14 15 Taxable income. Subtract line 14 from line 11. If zero or less, enter-O- 15 For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 113200 Form 1040 2000) 8 di movie Page 2 2 3 18 19 ? | | 34 Form 1040 (2020) 16 Tax (see Instructions). Check If any from Form(s): 1 8814 4972 16 17 Amount from Schedule 2, line 3 17 18 Add lines 16 and 17. 19 Child tax credit or credit for other dependents 20 Amount from Schedule 3, line 7 20 21 Add lines 19 and 20. 21 22 Subtract line 21 from line 18. If zero or less, enter-O- 22 23 Other taxes, including self-employment tax, from Schedule 2, line 10 23 24 Add lines 22 and 23. This is your total tax 24 25 Federal Income tax withheld from: a Formis) W-2 25a b Form(s) 1099 25b c Other forms (see Instructions) 25C dAdd lines 25a through 250 25d 26 If you have a 2020 estimated tax payments and amount applied from 2019 retum 26 qualifying child, 27 Earned Income credit (EIC). 27 attach Sch. EIC. If you have 28 Additional child tax credit. Attach Schedule 8812 28 nontaxable 29 combat pay, American opportunity credit from Form 8863, line 8. 29 see Instructions. 30 Recovery rebate credit. See Instructions 30 31 Amount from Schedule 3, line 13 31 32 Add lines 27 through 31. These are your total other payments and refundable credits 32 33 Add lines 250, 26, and 32. These are your total payments 33 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. If Form 8888 is attached, check here 35a Direct deposit? Routing number c Type: Checking Savings See instructions. Account number 36 Amount of line 34 you want applled to your 2021 estimated tax . 36 Amount 37 Subtract line 33 from line 24. This is the amount you owe now You Owe Note: Schedule H and Schedule Se filers, Ilne 37 may not represent all of the taxes you owe for For details on how to pay, see 2020. See Schedule 3, line 12e, and its Instructions for detalls. instructions. 38 Estimated tax penalty (see Instructions) 38 Third Party Do you want to allow another person to discuss this return with the IRS? See Designee Instructions Yes. Complete below. No Designee's Phone Personal identification name no. number (PIN Sign Under penalties of perjury, I declare that I have examined this retum and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Here Your signature Date Your occupation If the IRS sent you an identity Protection PIN, enter it here Joint return? see inst.) See instructions. Spouse's signature. If a joint return, both must sign. Date Spouse's occupation If the IAS sent your spouse an Keep a copy for Identity Protection PIN, enter there your records (see inst.) Phone no. Email address Preparer's name Preparer's signature Date PTIN Check if: Self-employed Preparer Firm's name Phone no. Use Only Firm's address Firm's EIN Go to www.irs.gov/Form 1040 for instructions and the latest information. Form 1040 (2020) Paid 2020 OMB No. 1545-0074 Dapartment of the Traasury- Internal Rovanie Savica 1040 (99) U.S. Individual Income Tax Return IRS Use Only- Do not writo or staple in this speca. Filing Status Single Married filling Jointly | Married filling separately (MFS) Head of household (HOH) Qualifying widowen (W) Check only If you checked the MFS box, enter the name of your spouse. If you checked the HOH Or O box, enter the child's name If the qualifying one box. person is a child but not your dependent Your first name and middle initial Your social security number I joint return, spouse's first name and middle initial Spouse's social security number Last name Last name 1 Home address (number and street). If you have a P.O. box, see instructions. Apt. no. Presidential Election Campaign Check here if you, or your City, town, or post office. If you have a foreign address, also complete spaces below. State ZIP code spouse if filing jointly, want $3 to go to this fund. Checking a 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, sell, 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 allen Age/Blindness You: were born before January 2, 1956 Are blind Spouse: Was bom before January 2, 1956 Is blind Dependents (see Instructions): (2) Social security (3) Relationship (4) Vit qualifies for see instructions): (1) First name If more Last name number to you Child tax credit Credit for other dependents than four dependents, see Instructions and check I here Wages, salaries, tips, etc. Attach Forms) W-2 1 Attach 2a Tax-exempt Interest 2a b Taxable interest 2b Sch. Bif 3a Qualified dividends 3a b Ordinary dividends 3b required. 4a IRA distributions 4a b Taxable amount. 4b 5a Pensions and annuities 5a b Taxable amount. 5b Standard 6a Social security benefits 6a b Taxable amount 6b Deduction for 7 Capital gain or loss). Attach Schedule D if required. If not required, check here 7 Single or Married fling 8 Other Income from Schedule 1, line 9. separately $12,400 9 Add lines 1, 25, 30, 40, 50, 60, 7, and 8. This is your total Income 9 Married fling 10 Adjustments to Income: Jointly or Qualifying a From Schedule 1, line 22 10a widowlen Charitable contributions if you take the standard deduction. See Instructions $24.800 100 Head of c Add lines 10a and 10b. These are your total adjustments to Income 10c household 11 $18,650 Subtract line 10c from line 9. This is your adjusted gross Income 11 If you checked 12 Standard deduction or itemized deductions (from Schedule A) 12 any box under Standard 13 Qualified business Income deduction. Attach Form 8995 or Form 8995-A 13 Deduction see instructions. 14 Add lines 12 and 13 14 15 Taxable income. Subtract line 14 from line 11. If zero or less, enter-O- 15 For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 113200 Form 1040 2000) 8 di movie Page 2 2 3 18 19 ? | | 34 Form 1040 (2020) 16 Tax (see Instructions). Check If any from Form(s): 1 8814 4972 16 17 Amount from Schedule 2, line 3 17 18 Add lines 16 and 17. 19 Child tax credit or credit for other dependents 20 Amount from Schedule 3, line 7 20 21 Add lines 19 and 20. 21 22 Subtract line 21 from line 18. If zero or less, enter-O- 22 23 Other taxes, including self-employment tax, from Schedule 2, line 10 23 24 Add lines 22 and 23. This is your total tax 24 25 Federal Income tax withheld from: a Formis) W-2 25a b Form(s) 1099 25b c Other forms (see Instructions) 25C dAdd lines 25a through 250 25d 26 If you have a 2020 estimated tax payments and amount applied from 2019 retum 26 qualifying child, 27 Earned Income credit (EIC). 27 attach Sch. EIC. If you have 28 Additional child tax credit. Attach Schedule 8812 28 nontaxable 29 combat pay, American opportunity credit from Form 8863, line 8. 29 see Instructions. 30 Recovery rebate credit. See Instructions 30 31 Amount from Schedule 3, line 13 31 32 Add lines 27 through 31. These are your total other payments and refundable credits 32 33 Add lines 250, 26, and 32. These are your total payments 33 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. If Form 8888 is attached, check here 35a Direct deposit? Routing number c Type: Checking Savings See instructions. Account number 36 Amount of line 34 you want applled to your 2021 estimated tax . 36 Amount 37 Subtract line 33 from line 24. This is the amount you owe now You Owe Note: Schedule H and Schedule Se filers, Ilne 37 may not represent all of the taxes you owe for For details on how to pay, see 2020. See Schedule 3, line 12e, and its Instructions for detalls. instructions. 38 Estimated tax penalty (see Instructions) 38 Third Party Do you want to allow another person to discuss this return with the IRS? See Designee Instructions Yes. Complete below. No Designee's Phone Personal identification name no. number (PIN Sign Under penalties of perjury, I declare that I have examined this retum and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Here Your signature Date Your occupation If the IRS sent you an identity Protection PIN, enter it here Joint return? see inst.) See instructions. Spouse's signature. If a joint return, both must sign. Date Spouse's occupation If the IAS sent your spouse an Keep a copy for Identity Protection PIN, enter there your records (see inst.) Phone no. Email address Preparer's name Preparer's signature Date PTIN Check if: Self-employed Preparer Firm's name Phone no. Use Only Firm's address Firm's EIN Go to www.irs.gov/Form 1040 for instructions and the latest information. Form 1040 (2020) Paid