Question: fill out this form using this info OMB No. 1545-0074 SCHEDULE 1 (Form 1040) Additional Income and Adjustments to Income 2020 Attachment Sequence No. 01

 fill out this form using this info OMB No. 1545-0074 SCHEDULE

fill out this form using this info

1 (Form 1040) Additional Income and Adjustments to Income 2020 Attachment Sequence

OMB No. 1545-0074 SCHEDULE 1 (Form 1040) Additional Income and Adjustments to Income 2020 Attachment Sequence No. 01 Your social security number 111-11-1111 Department of the Treasury Attach to Form 1040, 1040-SR, or 1040-NR. Internal Revenue Service Go to www.irs.gov/Form 1040 for instructions and the latest information. Name(s) shown on Form 1040, 1040-SR, or 1040-NR Joe and Jessie Partl 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 1 2 3 4 5 6 6 Farm income or (loss). Attach Schedule F Unemployment compensation 7 7 8 8 9 0 Part II 10 10 11 11 12 12 13 Other income. List type and amount Combine lines 1 through 8. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 8 Adjustments to Income Educator expenses Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 Health savings account deduction. Attach Form 8889 . Moving expenses for members of the Armed Forces. Attach Form 3903 Deductible part of self-employment tax. Attach Schedule SE Self-employed SEP, SIMPLE, and qualified plans Self-employed health insurance deduction Penalty on early withdrawal of savings Alimony paid Recipient's SSN 13 14 14 15 15 16 16 17 17 18a 18a b Date of original divorce or separation agreement (see instructions) IRA deduction 19 19 20 20 Student loan interest deduction Tuition and fees deduction. Attach Form 8917 . 21 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 0 For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 71479F Schedule 1 (Form 1040)2020 THIS FORM IS A SIMILIATION OF AN OFFICIAL IS TAY FORM IT IS NOT THE OFFICIAL FORM ITSELF DO NOT LISE THIS FORM FOR TAY FILINGS OR FOR ANY PIIRPOSE OTHER THAN (The following information applies to the questions displayed below.) Joe and Jessie are married and have one dependent child, Lizzie. Lizzie is currently in college at State University. Joe works as a design engineer for a manufacturing firm while Jessie runs a craft business from their home. Jessie's craft business consists of making craft items for sale at craft shows that are held periodically at various locations. Jessie spends considerable time and effort on her craft business, and it has been consistently profitable over the years. Joe and Jessie own a home and pay interest on their home loan (balance of $220,000) and a personal loan to pay for Lizzie's college expenses (balance of $35,000). Neither Joe nor Jessie is blind or over age 65, and they plan to file as married-joint. Assume that the employer portion of the self-employment tax on Jessie's income is $853. Joe and Jessie have summarized the income and expenses they expect to report this year as follows: $ 131,300 18,620 1,870 760 964 $ 13,700 6,840 7,570 estate 6,640 354 Income: Joe's salary Jessie's craft sales Interest from certificate of deposit Interest from Treasury bond funds Interest from municipal bond funds Expenditures: Federal income tax withheld from Joe's wages State income tax withheld from Joe's wages Social Security tax withheld from Joe's wages Real taxes on residence Automobile licenses (based on weight) State sales tax paid Home mortgage interest Interest on Masterdebt credit card Medical expenses (unreimbursed) Joe's employee expenses (unreimbursed) Cost of Jessie's craft supplies Postage for mailing crafts Travel and lodging for craft shows Self-employment tax on Jessie's craft income College tuition paid for Lizzie Interest on loans to pay Lizzie's tuition Lizzie's room and board at college Cash contributions to the Red Cross 1,370 18, 200 2,740 1,910 2,840 6,680 0,080 167 101 2,450 1,706 6,220 3,640 13,060 635 OMB No. 1545-0074 SCHEDULE 1 (Form 1040) Additional Income and Adjustments to Income 2020 Attachment Sequence No. 01 Your social security number 111-11-1111 Department of the Treasury Attach to Form 1040, 1040-SR, or 1040-NR. Internal Revenue Service Go to www.irs.gov/Form 1040 for instructions and the latest information. Name(s) shown on Form 1040, 1040-SR, or 1040-NR Joe and Jessie Partl 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 1 2 3 4 5 6 6 Farm income or (loss). Attach Schedule F Unemployment compensation 7 7 8 8 9 0 Part II 10 10 11 11 12 12 13 Other income. List type and amount Combine lines 1 through 8. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 8 Adjustments to Income Educator expenses Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 Health savings account deduction. Attach Form 8889 . Moving expenses for members of the Armed Forces. Attach Form 3903 Deductible part of self-employment tax. Attach Schedule SE Self-employed SEP, SIMPLE, and qualified plans Self-employed health insurance deduction Penalty on early withdrawal of savings Alimony paid Recipient's SSN 13 14 14 15 15 16 16 17 17 18a 18a b Date of original divorce or separation agreement (see instructions) IRA deduction 19 19 20 20 Student loan interest deduction Tuition and fees deduction. Attach Form 8917 . 21 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 0 For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 71479F Schedule 1 (Form 1040)2020 THIS FORM IS A SIMILIATION OF AN OFFICIAL IS TAY FORM IT IS NOT THE OFFICIAL FORM ITSELF DO NOT LISE THIS FORM FOR TAY FILINGS OR FOR ANY PIIRPOSE OTHER THAN (The following information applies to the questions displayed below.) Joe and Jessie are married and have one dependent child, Lizzie. Lizzie is currently in college at State University. Joe works as a design engineer for a manufacturing firm while Jessie runs a craft business from their home. Jessie's craft business consists of making craft items for sale at craft shows that are held periodically at various locations. Jessie spends considerable time and effort on her craft business, and it has been consistently profitable over the years. Joe and Jessie own a home and pay interest on their home loan (balance of $220,000) and a personal loan to pay for Lizzie's college expenses (balance of $35,000). Neither Joe nor Jessie is blind or over age 65, and they plan to file as married-joint. Assume that the employer portion of the self-employment tax on Jessie's income is $853. Joe and Jessie have summarized the income and expenses they expect to report this year as follows: $ 131,300 18,620 1,870 760 964 $ 13,700 6,840 7,570 estate 6,640 354 Income: Joe's salary Jessie's craft sales Interest from certificate of deposit Interest from Treasury bond funds Interest from municipal bond funds Expenditures: Federal income tax withheld from Joe's wages State income tax withheld from Joe's wages Social Security tax withheld from Joe's wages Real taxes on residence Automobile licenses (based on weight) State sales tax paid Home mortgage interest Interest on Masterdebt credit card Medical expenses (unreimbursed) Joe's employee expenses (unreimbursed) Cost of Jessie's craft supplies Postage for mailing crafts Travel and lodging for craft shows Self-employment tax on Jessie's craft income College tuition paid for Lizzie Interest on loans to pay Lizzie's tuition Lizzie's room and board at college Cash contributions to the Red Cross 1,370 18, 200 2,740 1,910 2,840 6,680 0,080 167 101 2,450 1,706 6,220 3,640 13,060 635

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