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)
Teacher
Unemployed
2,752
2,752
2,752
2,752
3,053
3,053
3,053
301
301
1-12 Chapter 1 – The Individual Income Tax Return
Comprehensive Problem 2B
August 18, 2020
DO NOT FILE
DRAFT AS OF
DRAFT AS OF
Form
1040 2020
U.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