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FORM 1040 or FORM 1040-SR WORKSHEET 2020
NOTE: Form 1040, 1040-SR and Schedules 1 – 3 are fully calculated.

Use this worksheet to enter all data which will flow to the Form 1040 or Form 1040SR and Schedules 1- 3.
Use these QuickZooms to jump to the entry sections for Schedules 1- 3 on this Worksheet:

Form 1040 or Form 1040SR Worksheet Navigation QuickZooms
QuickZoom to Schedule 1 Additional Income and Adjustments to Income
QuickZoom to Schedule 2 Additional Taxes
QuickZoom to Schedule 3 Additional Credits and Payments

Form 1040 or Form 1040-SR Personal Info, Filing Status, Dependent Info

For the year January 1 – December 31, 2020, or other tax year
beginning , 2020, ending , 20 .

Your First Name MI Last Name Your Social Security No.

If Joint Return, Spouse’s First Name MI Last Name Spouse’s Social Security No.

Home Address (No. 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 below. State ZIP Code

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

QuickZoom to explanation statement for overseas extension

Presidential Election Campaign

Check here if you, or your spouse if filing jointly, want $3 to go to this fund.
Checking a box 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

Filing Status Check only one box.
All entries for filing status and dependents should be made on the Federal Information Worksheet.

Single
Married filing jointly (even if only one had income)
Married filing separately. Enter spouse’s SSN above and full name here.

Head of household (with qualifying person). (See instr.) If the qualifying person is a child but
not your dependent, enter the child’s name here.
Qualifying widow(er) (See instructions)

Dependents If more than four dependents, see instructions and check here

(1) First name Last name (2) Social (3) (4)
security Relationship if qualifies for:
number to you under age 17 Credit for

qualifying other
for child dependents

tax credit

QuickZoom to the Federal Information Worksheet

HillRhonda 335-67-8910

1234 Blue Ridge Way

Tulsa OK 74101

X

Mabel Wright 566-77-8899 Other X

Page 2

Standard Deduction

Someone can claim you as a dependent
Someone can claim your spouse as a dependent

a Check if: You were born before January 2, 1956, Blind.
Spouse was born before January 2, 1956, Blind.
Total boxes checked a

b If your spouse itemizes on a separate return or you were a
dual-status alien, check here b

Form 1040 or Form 1040-SR, Lines 1 – 7

1 Wages, salaries, tips, etc. Attach Form(s) W-2 1
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

QuickZoom to Schedule 1 Additional Income and Adjustments to Income

Form 1040 or Form 1040-SR, Lines 8 – 11

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 10 a

Enter the smaller of these cash contributions made
or $300 ($150 if married filing separately) on
line10b below if you take the standard
deduction

b Charitable contributions if you take the
standard deduction 10 b

c Add lines 10a and 10b. These are your total adjustments to income 10 c
11 Subtract line 10c from line 9. This is your adjusted gross income. 11

AGI including excludable Puerto Rico Income

Form 1040 or Form 1040-SR, Line 12 Standard or Itemized Deduction

12 Standard deduction or itemized deductions (from Schedule A)
Standard Deduction for

People who checked blind or over 65 or who can be claimed
as a dependent, see instructions.
All others:

Single or Married filing separately: $12,400
Married filing jointly or Qualifying widow(er): $24,800
Head of household: $18,650

QuickZoom to the Standard Deduction Worksheet

Rhonda Hill 335-67-8910

72,000.

72,000.

72,000.

72,000.

Itemized deductions (from Schedule A) or your standard
deduction, see above 12
Subtract itemized or standard deduction from adjusted gross income amount

Page 3

Form 1040 or Form 1040-SR, Lines 13 – 18

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

16 Tax. Check if any from:
1 Form(s) 8814
2 Form 4972
3

17 Amount from Schedule 2, line 3 17
18 Add lines 16 and 17 18
QuickZoom to Schedule 2 – Additional Tax section

Form 1040 or Form 1040-SR, Line 19 – 24

19 Child tax credit/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

QuickZoom to Schedule 3 Additional Credits and Payments

Form 1040 or Form 1040-SR, Lines 25 – 33

25 Federal income tax withheld from:
a Form(s) W-2 25 a
b Form(s) 1099 25 b
c Other forms 25 c
d Add lines 25a through 25c 25 d

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

27 Other payments and refundable credits:
Earned income
credit (EIC)
Nontaxable combat pay election

28 Additional child tax credit.
Attach Schedule 8812

29 American opportunity credit from Form 8863, line 8
30 Recovery rebate credit
31 Amount from Schedule 3, line 13
32 Add lines 27 through 31.

These are your other payments and refundable credits 32
33 Add Lines 25d, 26, and 32.

These are your total payments 33

8,408.
0.

8,408.

Rhonda Hill 335-67-8910

12,400.

12,400.

59,600.

59,600.

8,908.

8,908.

500.

500.

7,800.

7,800.

7,800.

QuickZoom to Schedule EIC Worksheet, pg. 2 if credit is not calculated
QuickZoom to “due diligence checklist” substitute for Form 8867
QuickZoom to Schedule 3 Additional Credits and Payments

Page 4

Form 1040 or Form 1040-SR, Lines 34 – 36

Refund:
34 If total Payments is more than total tax, subtract total tax from payments

This is the amount you overpaid 34
35 a Amount of overpayment you want refunded to you.

If Form 8888 is attached, check here 35
Direct deposit?

b Routing number
c Type:

Checking
Savings

d Account number
36 Amount of overpayment on line 34 you want

applied to your 2021 estimated tax 36

Form 1040 or Form 1040SR, Lines 37 and 38

Amount You Owe:
37 Subtract total payments from total tax 37

Note: Schedule H and Schedule E 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 38

QuickZoom to Late Penalties and Interest Worksheet QuickZoom

Schedule 1 Additional Income and Adjustments to Income

Part I Additional Income

1 Taxable refunds, credits, or offsets of state and local income taxes 1

Alimony Received Smart Worksheet

Taxpayer Spouse Date of divorce/sep *
A
B

* Check the box if the pre-2019 decree was modified after 2018 to treat the payments as nontaxable

2 a Alimony received Taxpayer Spouse 2 a
b Date of original divorce or separation agreement

3 Business income or (loss). Attach Schedule C 3
4 Other gains or (losses). Attach Form 4797 4
5 Rental real estate, royalties, partnerships, S corporations, trusts, etc.

Attach Schedule E 5
6 Farm income or (loss). Attach Schedule F 6
7 Unemployment compensation 7
8 Other income. List type and amount:

8
9 Combine lines 1 through 8.

Enter here and on Form 1040 or 1040-SR, line 8 9
Total Income. Combine Form 1040 lines 1- 7 and

XXXXXXXXX

XXXXXXXXXXXXXXXXX

Rhonda Hill 335-67-8910

608.

Schedule 1, line 9 , enter on Form 1040, line 9

Quickzoom to 1040 Worksheet, line 9 Total Income QuickZoom

Page 5

Part II Adjustments to Income

10 Educator expenses 10
11 Certain business expenses of reservists, performing artists, and fee-basis

government officials. Attach Form 2106 11
12 Health savings account deduction. Attach Form 8889 12
13 Moving expenses for members of the Armed Forces.

Attach Form 3903 13
14 Deductible part of self-employment tax. Attach Schedule SE 14
15 Self-employed SEP, SIMPLE, and qualified plans 15
16 Self-employed health insurance deduction 16
17 Penalty on early withdrawal of savings 17

Alimony Paid Smart Worksheet

Recipient’s name Recipient’s SSN Date of divorce/sep * Alimony paid
A
B

* Check the box if the pre-2019 decree was modified after 2018 to treat the payments as nondeductible

18 a Alimony paid 18 a
b Recipient’s SSN
c Date of original divorce or separation agreement

19 IRA deduction 19
20 Student loan interest deduction 20
21 Tuition and fees deduction. Attach Form 8917 21
22 Add lines 10 through 21

These are your adjustments to income. Enter here and on Form 1040 or
1040-SR, line 10a 22

Schedule 2 Additional Taxes

Part I Tax

1 Alternative minimum tax (see instructions). Attach Form 6251 1
2 Excess advance premium tax credit repayment. Attach Form 8962 2
3 Add lines 1 and 2.

Enter here and include on Form 1040 or 1040-SR, line 17 3

Part II Other Taxes

4 Self-employment tax.
Attach Schedule SE 4

5 Unreported social security and Medicare tax from Form:
a 4137 b 8919
Explain underreported tips 5

6 Additional tax on IRAs, other qualified retirement plans, and
other tax-favored accounts. Attach Form 5329 if required 6

7 a Household employment taxes from Schedule H 7 a
b First-time homebuyer credit repayment. Attach Form 5405 if required 7 b

8 Taxes from:
a Form 8959
b Form 8960
c Instructions; enter code(s)

8
9 Section 965 net tax liability installment

from Form 965-A 9

Rhonda Hill 335-67-8910

72,000.

10 Add lines 4 through 8. These are your total other taxes
Enter here and on Form 1040 or 1040-SR, line 23 10
Total tax (add line 10 and Schedule 3, line 7b)

Page 6

Schedule 3 Additional Credits and Payments

Part I Nonrefundable Credits

1 Foreign tax credit. Attach Form 1116 if required 1
2 Credit for child and dependent care expenses. Attach Form 2441 2
3 Education credits from Form 8863, line 19 3
4 Retirement savings contributions credit. Attach Form 8880 4
5 Residential Energy Credit. Attach Form 5695 5

6 Other credits from Form:
a 3800
b 8801
c 6

7 Add lines 1 through 6.
Enter here and on Form 1040 or 1040-SR, line 20 7

a Add line 7 plus child tax/other dep. credit on line 19 above
b Subtract total credits on line 7a from tax on lline 18 above

Quickzoom to 1040 Worksheet, line 24 Total Tax QuickZoom

Part II Other Payments and Refundable Credits

8 Net premium tax credit. Attach Form 8962 8
9 Amount paid with request for extension to file 9

10 Excess social security and tier 1 RRTA tax withheld 10
11 Credit for federal tax on fuels. Attach Form 4136 11
12 Other payments or refundable credits:

a Form 2439 12 a
b Qualified sick and family leave credits from

Schedule(s) H and Form(s) 7202 12 b
c Health coverage tax credit from Form 8885 12 c
d Other 12 d

e Deferral for certain Schedule H or SE filers 12 e
f Add lines 12a through 12e 12 f

13 Total Payments: Part II, lines 8 through12f, Withholding (Form 1040, line 25d),
Estimated Tax Payments (Form 1040, line 26) and Form 1040, lines 27-30 13
Other Payments and Refundable Credits (Form 1040, line 32)

Third Party Designee

Do you want to allow another person to discuss this return
with the IRS (see instructions)? Yes. Complete the following. No
Designee’s Name
Phone Number Personal Identification Number (PIN)

Signature and Paid Preparer

Sign Here
Joint return? See instructions.
Keep a copy of this return 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 accurately list all
amounts and sources of income I received during the year. Declaration of preparer (other than taxpayer)
is based on all information of which preparer has any knowledge.

If the IRS sent you
an Identity Protection

Your Signature Date Your Occupation PIN, enter it here

Spouse’s Signature. If joint, both must sign. Date Spouse’s Occupation

Daytime Phone No. Email Address

Paid Preparer’s Use Only

Print/Type Preparer’s name Preparer’s PTIN Check if:

Preparer’s Signature Date Self-employed

Firm’s Name

State ZIP Code

Filing Address Information

Send Form 1040 to: Internal Revenue Service
P.O. Box 931000
Louisville, KY 40293-1000

X

Rhonda Hill 335-67-8910

office Manager

8,408.

0.
8,408.

500.

Non-Paid Preparer

7,800.

Smart Worksheets from your Form 1040: Individual

SMART WORKSHEET FOR: 1040/1040SR Wks: Form 1040 or Form 1040-SR Worksheet

Tax Smart Worksheet

A Tax
Check if from:

1 Tax table
2 Tax Computation Worksheet (see instructions)
3 Schedule D Tax Worksheet
4 Qualified Dividends and Capital Gain Tax Worksheet
5 Schedule J
6 Form 8615
7 Foreign Earned Income Tax Worksheet

B Additional tax from Form 8814
C Additional tax from Form 4972
D Tax from additional Form(s) 4972
E Recapture tax from Form 8863
F IRC Section 197(f)(9)(B)(ii) election for an additional tax
G Health Coverage Tax Credit Recovery, Form 8885, Line 5, if negative
H Additional tax from Form 8621
I Tax. Add lines A through G. Enter the result here and include in tax below

J Form 8621 tax deferal from line 9c (to line 24)

8,908.

X

8,908.

SMART WORKSHEET FOR: 1040/1040SR Wks: Form 1040 or Form 1040-SR Worksheet

Excess Social Security and Tier I RRTA Tax Withheld Smart Worksheet

The calculated amount for Excess social security and tier 1 RRTA tax withheld could include
a portion that needs to be removed. When a taxpayer has multiple W-2’s, each with the same
EIN, excess withholding can only be claimed if the Employer’s Name’s in box c of the W-2’s
reflect separate business entities. This could occur when a parent company has multiple
subsidiaries, or when a temp agency issues W-2’s for distinctly different jobs. If you have
multiple W-2’s with the same EIN, for the same taxpayer, and for the same job, reduce the
amount calculated on Line A below by the excess withholdings from only those W-2’s.

A Total Excess Social Security or Tier I RRTA tax withheld claimed as a credit 0.

Rhonda Hill 335-67-8910 1