How to fill out 2020 Form 1040 Tax Return line by line instructions

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How To Taxes

How To Taxes

Күн бұрын

Teaches how to fill out 2020 Form 1040 tax return with line by line instructions. Demonstrates the education credit. Since the publishing of this video, the stimulus bill has passed allowing $10,200 OF UNEMPLOYMENT INCOME TO NOT BE TAXED IF YOUR AGI IS LESS THAN $150,000.
Note: if you can be claimed as a dependent of someone else, you must calculate your standard deduction with the worksheet in the 1040 instructions.
Video of Form 1040 as a dependent with standard deduction worksheet:
• How to Prepare 2020 Fo...
Video of Form 1040 with child tax credit:
• How to Prepare 2020 Fo...
Video of where to file and what to attach:
• WHERE TO FILE AND WHAT...
How to save tax dollars tax tip:
• Save up to $2,500 on y...

Пікірлер: 16
@mrsrkcarter
@mrsrkcarter 3 жыл бұрын
Thank you I used your video to recheck if I was doing my taxes right this was a huge help for me. Thank you for all you do I appreciate you ❤️🤗👍
@spotwms8768
@spotwms8768 3 жыл бұрын
Thank You 😊🙏🏿. I was stuck at line 16!!
@tandyhard8286
@tandyhard8286 3 жыл бұрын
Omg same!
@Maxim_Goncharenko
@Maxim_Goncharenko 3 жыл бұрын
Thank you for the video! Please tell me, If I have already paid taxes when I submitted the form to extend the tax return, will I receive a refund + overpayment for the tax paid earlier? Or will I need to submit a separate return request? What is the correct way to reflect this in the 1040 form?
@howtotaxes2054
@howtotaxes2054 3 жыл бұрын
Put the amount paid with the extension on Schedule 3, line 9. Sorry for the delay in response, I missed your comment.
@tandyhard8286
@tandyhard8286 3 жыл бұрын
I was in tears trying to figure this out. Thank you SO MUCH for your video!
@howtotaxes2054
@howtotaxes2054 3 жыл бұрын
Since the publishing of this video, the stimulus bill has passed allowing $10,200 OF UNEMPLOYMENT INCOME TO NOT BE TAXED IF YOUR AGI IS LESS THAN $150,000.
@vicliera-5155
@vicliera-5155 Жыл бұрын
Can I add $1800 for both stimulus checks on line 30
@2thankyou4watching
@2thankyou4watching 3 жыл бұрын
line 6 federal adjusted gross income from your federal return 140EZ state. where do i locate this number????
@allthingswavy__4108
@allthingswavy__4108 2 жыл бұрын
I have a return 1040 & on line 31 my return was under review because they didn’t see where that amount came from but It was a irc 1341 how can I show that ?
@chandalihashmi2683
@chandalihashmi2683 Жыл бұрын
I am in first yr can I do this course it's has scope
@somass9907
@somass9907 3 жыл бұрын
Seen many. You are the Best
@josjo8574
@josjo8574 3 жыл бұрын
How did you get $1514, from $4500..I was following but I became confused.
@CorrinaWalkden5
@CorrinaWalkden5 2 жыл бұрын
i can't find a copy of the 2020 tax table anywhere
@thejimmyorozco
@thejimmyorozco 3 жыл бұрын
Thank you so much your a blessing
@marcuspd7502
@marcuspd7502 3 жыл бұрын
This is not line by line when you’re skipping 25b and 25C.
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