Tax-individual homework
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Complete Project 1 by hand on IRS tax forms (typed or handwritten).
Project 1.docx
Tax Forms: https://www.irs.gov/forms-instructions (Links to an external site.)
List of Forms Required:
- Form 1040 (pages 1 and 2)
- Schedule 1 (Additional Income and Adjustments to Income)
- Schedule 2 (Additional Taxes)
- Schedule 3 (Additional Credits and Payments)
- Schedule B (Interest and Ordinary Dividends)
- Schedule C (Profit or Loss From Business)
- Schedule SE (Self-Employment Tax)
- Form 2441 (Child and Dependent Care Expenses)
- Schedule 8812 (Additional Child Tax Credit) - use this schedule to calculate the refundable portion of the Child Tax Credit (after calculating the nonrefundable portion)
- Form 8863 (Education Credits)
- Form 8995 (Qualified Business Income Deduction)
You will also need the worksheet on pages 6 and 7 in Publication 972
Please use the 2020 tax tables (versus tax rate schedules) for calculating the tax liability (https://www.irs.gov/instructions/i1040tt#idm139919140467168
5 years ago 30
Answer(1)
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- MAGDALANESCHMITZTAXATION.pdf
- f1040sb1.pdf
- f1040sb.pdf
- schedule1form1040.pdf
- form2441.pdf
- f1040s2.pdf
- f1040s3.pdf
- f1040s1.pdf
- f1040sse1.pdf
- f1040s81.pdf
- f88631.pdf
- f8995a_accessible.pdf