Tax Return Problem

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rm 1040 2020U.S. Individual Income Tax Return Department of the Treasury—Internal Revenue Service (99) OMB No. 1545-0074 IRS Use Only—Do not write or staple in this space. Filing Status Check only one box.

Single Married filing jointly Married filing separately (MFS) Head of household (HOH) Qualifying widow(er) (QW)

If you checked the MFS box, enter the name of your spouse. If you checked the HOH or QW box, enter the child’s name if the qualifying person is a child but not your dependent ▶

Your first name and middle initial Last name Your social security number

If joint return, spouse’s first name and middle initial Last name Spouse’s social security number

Home address (number and street). If you have a P.O. box, see instructions. Apt. no.

City, town, or post office. If you have a foreign address, also complete spaces below. State ZIP code

Foreign country name Foreign province/state/county Foreign postal code

Presidential Election Campaign Check here if you, or your spouse if filing jointly, want $3 to go to this fund. Checking a box below will not change 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 Deduction

Someone can claim: You as a dependent Your spouse as a dependent

Spouse itemizes on a separate return or you were a dual-status alien

Age/Blindness You: Were born before January 2, 1956 Are blind Spouse: Was born before January 2, 1956 Is blind

Dependents (see instructions): If more than four dependents, see instructions and check here ▶

(2) Social security number

(3) Relationship to you

(4) ✔ if qualifies for (see instructions): (1) First name Last name Child tax credit Credit for other dependents

1 Wages, salaries, tips, etc. Attach Form(s) W-2 . . . . . . . . . . . . . . . . 1 Attach Sch. B if required.

2a Tax-exempt interest . . . 2a b Taxable interest . . . . . 2b

3a Qualified dividends . . . 3a b Ordinary dividends . . . . . 3b

4a IRA distributions . . . . 4a b Taxable amount . . . . . . 4b

5a Pensions and annuities . . 5a b Taxable amount . . . . . . 5b

6a Social security benefits . . 6a b Taxable amount . . . . . . 6b

7 Capital gain or (loss). Attach Schedule D if required. If not required, check here . . . . ▶ 7

8 Other income from Schedule 1, line 9 . . . . . . . . . . . . . . . . . . . 8

9 Add lines 1, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your total income . . . . . . . . . ▶ 9

10 Adjustments to income:

a From Schedule 1, line 22 . . . . . . . . . . . . . . 10a

b Charitable contributions if you take the standard deduction. See instructions 10b

c Add lines 10a and 10b. These are your total adjustments to income . . . . . . . . ▶ 10c

11 Subtract line 10c from line 9. This is your adjusted gross income . . . . . . . . . ▶ 11

12 Standard deduction or itemized deductions (from Schedule A) . . . . . . . . . .

Standard Deduction for— • Single or

Married filing separately, $12,400

• Married filing jointly or Qualifying widow(er), $24,800

• Head of household, $18,650

• If you checked any box under Standard Deduction, see instructions.

12

13 Qualified business income deduction. Attach Form 8995 or Form 8995-A . . . . . . . . 13

14 Add lines 12 and 13 . . . . . . . . . . . . . . . . . . . . . . . . 14 15 Taxable income. Subtract line 14 from line 11. If zero or less, enter -0- . . . . . . . . . 15

For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11320B Form 1040 (2020)

Form 1040 (2020) Page 2 16 Tax (see instructions). Check if any from Form(s): 1 8814 2 4972 3 . . 16

17 Amount from Schedule 2, line 3 . . . . . . . . . . . . . . . . . . . . 17

18 Add lines 16 and 17 . . . . . . . . . . . . . . . . . . . . . . . . 18

19 Child tax credit or credit for other dependents . . . . . . . . . . . . . . . . 19

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 -0- . . . . . . . . . . . . . . 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 Form(s) W-2 . . . . . . . . . . . . . . . . . . 25a

b Form(s) 1099 . . . . . . . . . . . . . . . . . . 25b

c Other forms (see instructions) . . . . . . . . . . . . . 25c

d Add lines 25a through 25c . . . . . . . . . . . . . . . . . . . . . . 25d

26 2020 estimated tax payments and amount applied from 2019 return . . . . . . . . . . 26

27 Earned income credit (EIC) . . . . . . . . . . . . . . • If you have a

qualifying child, attach Sch. EIC.

• If you have nontaxable combat pay, see instructions.

27

28 Additional child tax credit. Attach Schedule 8812 . . . . . . . 28

29 American opportunity credit from Form 8863, line 8 . . . . . . . 29

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 25d, 26, and 32. These are your total payments . . . . . . . . . . . ▶ 33

Refund 34 If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you overpaid . . 34 35a Amount of line 34 you want refunded to you. If Form 8888 is attached, check here . . . ▶ 35a

Direct deposit? See instructions.

▶ b Routing number ▶ c Type: Checking Savings ▶ d Account number 36 Amount of line 34 you want applied to your 2021 estimated tax . . ▶ 36

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 . . . . . . . . . . ▶ 37

Note: Schedule H and Schedule SE filers, line 37 may not represent all of the taxes you owe for 2020. See Schedule 3, line 12e, and its instructions for details.

38 Estimated tax penalty (see instructions) . . . . . . . . . ▶ 38

Third Party Designee

Do you want to allow another person to discuss this return with the IRS? See instructions . . . . . . . . . . . . . . . . . . . . ▶ Yes. Complete below. No Designee’s name ▶

Phone no. ▶

Personal identification number (PIN) ▶

Sign Here

Joint return? See instructions. Keep a copy for your records.

Under penalties of perjury, I declare that I have examined this return 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.

Your signature Date Your occupation If the IRS sent you an Identity Protection PIN, enter it here (see inst.) ▶

Spouse’s signature. If a joint return, both must sign. Date Spouse’s occupation If the IRS sent your spouse an Identity Protection PIN, enter it here (see inst.) ▶

Phone no. Email address

▲

Paid Preparer Use Only

Preparer’s name Preparer’s signature Date PTIN Check if:

Self-employed

Firm’s name ▶ Phone no.

Firm’s address ▶ Firm’s EIN ▶

Go to www.irs.gov/Form1040 for instructions and the latest information. Form 1040 (2020)

Version B, Cycle 8

INTERNAL USE ONLY

DRAFT AS OF

July 17, 2020

Version B, Cycle 8

INTERNAL USE ONLY

DRAFT AS OF

July 17, 2020

2020 Form 1040

SE:W:CAR:MP

U.S. Individual Income Tax Return

Form

1040

2020

2020. Cat. No. 11320B.

U.S. Individual Income Tax Return

Department of the Treasury—Internal Revenue Service

(99)

OMB No. 1545-0074

O M B No. 1545-0074. For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions.

IRS Use Only—Do not write or staple in this space.

Filing Status 

Check onlyone box.

Single

Married filing jointly

Married filing separately (MFS)

Head of household (HOH)

Qualifying widow(er) (QW)

If you checked the MFS box, enter the name of your spouse. If you checked the HOH or QW box, enter the child’s name if the qualifying person is a child but not your dependent  ▶

Presidential Election Campaign

Check here if you, or your spouse if filing jointly, want $3 to go to this fund. Checking a box below will not change your tax or refund.

At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?

Standard Deduction

Someone can claim:

You as a dependent

Your spouse as a dependent

Spouse itemizes on a separate return or you were a dual-status alien

Age/Blindness

You:

Were born before January 2, 1956

Are blind

Spouse:

Was born before January 2, 1956

Is blind

Dependents

(see instructions):

If more         than four dependents, see instructions and checkhere ▶

(2) Social securitynumber

(3) Relationshipto you

(4) ✔ if qualifies for (see instructions):

(1) First name           Last name

(2) Dependent's identifying number.

(3) Dependent’s relationship to you.

Child tax credit

(4). Check if qualifying for (see instructions). Child Tax Credit.

Credit for other dependents

(4). Check if qualifying for (see instructions). Credit for other dependents.

1

Wages, salaries, tips, etc. Attach Form(s) W-2          

1

Attach Sch. B if required.

2

a

Tax-exempt interest          

2a

b  Taxable interest           

2b

3

a

Qualified dividends          

3a

b  Ordinary dividends          

3b

4

a

IRA distributions          

4a

b  Taxable amount          

4b

5

a

Pensions and annuities          

5a

b  Taxable amount          

5b

6

a

Social security benefits          

6a

b  Taxable amount          

6b

7

Capital gain or (loss). Attach Schedule D if required. If not required, check here          ▶

7

8

Other income from Schedule 1, line 9          

8

9

Add lines 1, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your total income          ▶

9

10

Adjustments to income:

a

From Schedule 1, line 22          

10a

b

Charitable contributions if you take the standard deduction. See instructions          

10b

c

Add lines 10a and 10b. These are your total adjustments to income          ▶

10c

11

Subtract line 10c from line 9. This is your adjusted gross income          ▶

11

12

Standard deduction or itemized deductions (from Schedule A)          

8. Enter the standard deduction; otherwise, attach Schedule A. Dollars.

Standard Deduction for—

• Single or Married filing separately,  $12,400

• Married filing  jointly or Qualifyingwidow(er),$24,800

• Head of household,$18,650

• If you checked any box under Standard Deduction,see instructions.

12

13

Qualified business income deduction. Attach Form 8995 or Form 8995-A          

13

14

Add lines 12 and 13          

14

15

Taxable income. Subtract line 14 from line 11. If zero or less, enter -0-          

15

For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions.

Cat. No. 11320B

Form 1040 (2020)

Form 1040 (2020)

Page 2

16

Tax (see instructions). Check if any from Form(s): 

1

2

3

         

16

17

Amount from Schedule 2, line 3          

17

18

Add lines 16 and 17           

18

19

Child tax credit or credit for other dependents          

19

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 -0-          

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

Form(s) W-2          

25a

b

Form(s) 1099          

25b

c

Other forms (see instructions)          

25c

d

Add lines 25a through 25c          

25d

26

2020 estimated tax payments and amount applied from 2019 return          

26

27

Earned income credit (EIC)          

• If you have a qualifying child, attach Sch. EIC.

• If you have nontaxable combat pay, see instructions.

27

28

Additional child tax credit. Attach Schedule 8812          

28

29

American opportunity credit from Form 8863, line 8          

29

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 25d, 26, and 32. These are your total payments          ▶

33

Refund

34

If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you overpaid          

34

35

a

Amount of line 34 you want refunded to you. If Form 8888 is attached, check here          ▶

35a

Direct deposit? See instructions.

▶

b

Routing number

▶ c Type: 

▶

d

Account number

36

Amount of line 34 you want applied to your 2021 estimated tax          ▶

36

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           ▶

37

Note: Schedule H and Schedule SE filers, line 37 may not represent all of the taxes you owe for 2020. See Schedule 3, line 12e, and its instructions for details. 

38

Estimated tax penalty (see instructions)          ▶

38

Third Party Designee

Do you want to allow another person to discuss this return with the IRS? See instructions           ▶

Designee’sname  ▶

Phoneno.  ▶

Personal identificationnumber (PIN)  ▶

Sign Here

Joint return? See instructions. Keep a copy for your records.

Under penalties of perjury, I declare that I have examined this return 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.

Your signature

Date

If the IRS sent you an Identity Protection PIN, enter it here(see inst.) ▶

Spouse’s signature. If a joint return, both must sign. 

Date

If the IRS sent your spouse an Identity Protection PIN, enter it here (see inst.) ▶

▲

Paid Preparer Use Only

Preparer’s signature

Date

Check if:

Go to www.irs.gov/Form1040 for instructions and the latest information.

Form 1040 (2020)