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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...