Form 1040 U.S. Individual Income Tax Return 20 - Oregon

Form

1040 Department of the Treasury--Internal Revenue Service

(99)

U.S. Individual Income Tax Return

2020 OMB No. 1545-0074 IRS Use Only--Do not write or staple in this space.

Filing Status Single

Married filing jointly

Married filing separately (MFS)

Head of household (HOH)

Qualifying widow(er) (QW)

Check only one box.

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 a

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.

City, town, or post office. If you have a foreign address, also complete spaces below.

State

Foreign country name

Foreign province/state/county

Apt. no. ZIP code 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 Someone can claim:

You as a dependent

Your spouse as a dependent

Deduction

Spouse itemizes on a separate return or you were a dual-status alien

Age/Blindness You: Were born before January 2, 1956

Dependents (see instructions):

If more

(1) First name

than four

dependents,

see instructions

and check

here a

Last name

Are blind Spouse: Was born before January 2, 1956

Is blind

(2) Social security number

(3) Relationship to you

(4) if qualifies for (see instructions):

Child tax credit Credit for other dependents

Attach Sch. B if required.

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

2a Tax-exempt interest . . . 2a

b Taxable interest . . . . . 2b

3a Qualified dividends . . . 3a

b Ordinary dividends . . . . . 3b

4a IRA distributions . . . . 4a

b Taxable amount . . . . . . 4b

5a Pensions and annuities . . 5a

b Taxable amount . . . . . . 5b

Standard

6a Social security benefits . . 6a

b Taxable amount . . . . . . 6b

Deduction for-- 7 Capital gain or (loss). Attach Schedule D if required. If not required, check here . . . . a

7

? Single or

Married filing

8 Other income from Schedule 1, line 9 . . . . . . . . . . . . . . . . . . .

8

separately, $12,400

9 Add lines 1, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your total income . . . . . . . . . a 9

? Married filing 10 Adjustments to income:

jointly or Qualifying

a From Schedule 1, line 22 . . . . . . . . . . . . . . 10a

widow(er), $24,800

b Charitable contributions if you take the standard deduction. See instructions 10b

? Head of

c Add lines 10a and 10b. These are your total adjustments to income . . . . . . . . a 10c

household, $18,650

11 Subtract line 10c from line 9. This is your adjusted gross income . . . . . . . . . a 11

? If you checked 12 Standard deduction or itemized deductions (from Schedule A) . . . . . . . . . . 12

any box under

Standard

13 Qualified business income deduction. Attach Form 8995 or Form 8995-A . . . . . . . . 13

Deduction, see instructions.

14

Add lines 12 and 13 . . . . . . . . . . . . . . . . . . . . . . . .

14

15 Taxable income. Subtract line 14 from line 11. If zero or less, enter -0- . . . . . . . . . 15

For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions.

Cat. No. 11320B

Form 1040 (2020)

Form 1040 (2020)

Page 2

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

. . 16

17 Amount from Schedule 2, line 3 . . . . . . . . . . . . . . . . . . . . 17

18 Add lines 16 and 17 . . . . . . . . . . . . . . . . . . . . . . . . 18

19 Child tax credit or 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 . . . . . . . . . . . . . . . . a 24

25 Federal income tax withheld from:

a Form(s) W-2 . . . . . . . . . . . . . . . . . . 25a

b Form(s) 1099 . . . . . . . . . . . . . . . . . . 25b

c Other forms (see instructions) . . . . . . . . . . . . . 25c

d Add lines 25a through 25c . . . . . . . . . . . . . . . . . . . . . . 25d

? If you have a 26 2020 estimated tax payments and amount applied from 2019 return . . . . . . . . . . 26

qualifying child, 27 Earned income credit (EIC) . . . . . . . . . . . . . .

27

attach Sch. EIC.

? If you have

28 Additional child tax credit. Attach Schedule 8812 . . . . . . . 28

nontaxable

29 American opportunity credit from Form 8863, line 8 . . . . . . .

29

combat pay,

see instructions. 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 . . . a 32

33 Add lines 25d, 26, and 32. These are your total payments . . . . . . . . . . . a 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 . . . a

35a

Direct deposit? a b Routing number See instructions. a d Account number

a c Type:

Checking

Savings

36 Amount of line 34 you want applied to your 2021 estimated tax . . a 36

Amount 37 Subtract line 33 from line 24. This is the amount you owe now . . . . . . . . . . a 37

You Owe

Note: Schedule H and Schedule SE filers, line 37 may not represent all of the taxes you owe for

For details on how to pay, see

2020. See Schedule 3, line 12e, and its instructions for details.

instructions. 38 Estimated tax penalty (see instructions) . . . . . . . . . a 38

Third Party Do you want to allow another person to discuss this return with the IRS? See

Designee

instructions . . . . . . . . . . . . . . . . . . . . a Yes. Complete below.

No

Designee's name a

Phone no. a

Personal identification number (PIN) a

Sign Here

Joint return? See instructions. Keep a copy for your records.

F

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.) a

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.) a

Paid Preparer Use Only

Phone no. Preparer's name

Firm's name a Firm's address a

Email address Preparer's signature

Go to Form1040 for instructions and the latest information.

Date

PTIN

Check if:

Self-employed

Phone no.

Firm's EIN a

Form 1040 (2020)

4137 Form

Social Security and Medicare Tax on Unreported Tip Income

Department of the Treasury Internal Revenue Service (99)

a Go to Form4137 for the latest information. a Attach to your tax return.

Name of person who received tips. If married, complete a separate Form 4137 for each spouse with unreported tips.

OMB No. 1545-0074

2020

Attachment

Sequence No. 24

Social security number

1

(a) Name of employer to whom you were required to

(b) Employer

(c) Total cash and

(d) Total cash and

but didn't report all your tips (see instructions)

identification number charge tips you received charge tips you reported

(see instructions) (including unreported tips) to your employer

(see instructions)

A

B

C

D

E

2 Total cash and charge tips you received in 2020. Add the amounts from line 1, column (c) . . . . . . . . . . . . . . . . . . . . . . 2

3 Total cash and charge tips you reported to your employer(s) in 2020. Add the amounts from line 1, column (d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3

4 Subtract line 3 from line 2. This amount is income you must include in the total on Form 1040 or 1040-SR, line 1; or Form 1040-NR, line 1a . . . . . . . . . . . . . . . . . . . . 4

5 Cash and charge tips you received but didn't report to your employer because the total was less than $20 in a calendar month (see instructions) . . . . . . . . . . . . . . . . . . . . 5

6 Unreported tips subject to Medicare tax. Subtract line 5 from line 4 . . . . . . . . . . . . 6

7 Maximum amount of wages (including tips) subject to social security tax . . 7

137,700

8 Total social security wages and social security tips (total of boxes 3 and 7 shown on your Form(s) W-2) and railroad retirement (RRTA) compensation (subject to 6.2% rate) (see instructions) . . . . . . . . . . . . . 8

9 Subtract line 8 from line 7. If line 8 is more than line 7, enter -0- . . . . . . . . . . . . . 9

10 Unreported tips subject to social security tax. Enter the smaller of line 6 or line 9. If you received tips as a federal, state, or local government employee, see instructions . . . . . . . . . . . . 10

11 Multiply line 10 by 0.062 (social security tax rate) . . . . . . . . . . . . . . . . . . 11

12 Multiply line 6 by 0.0145 (Medicare tax rate) . . . . . . . . . . . . . . . . . . . 12

13 Add lines 11 and 12. Enter here and include as tax on Schedule 2 (Form 1040), line 5; Form 1040-PR, Part I, line 6; or Form 1040-SS, Part I, line 6. See your tax return instructions . . . . . . . . . 13

General Instructions

Future Developments

For the latest information about developments related to Form 4137 and its instructions, such as legislation enacted after they were published, go to Form4137.

What's New

For 2020, the maximum wages and tips subject to social security tax increases to $137,700. The social security tax rate an employee must pay on tips remains at 6.2%.

Reminder

A 0.9% Additional Medicare Tax applies to Medicare wages, Railroad Retirement Tax Act compensation, and selfemployment income over a threshold amount based on your filing status. Use Form 8959, Additional Medicare Tax, to figure this tax. For more information on the Additional Medicare Tax, see "What is the Additional Medicare Tax?" at AdMT.

For Paperwork Reduction Act Notice, see your tax return instructions.

Purpose of form. Use Form 4137 only to figure the social security and Medicare tax owed on tips you didn't report to your employer, including any allocated tips shown on your Form(s) W-2 that you must report as income. You must also report the income on Form 1040 or 1040-SR, line 1; or Form 1040-NR, line 1a. By filing this form, your social security and Medicare tips will be credited to your social security record (used to figure your benefits). Don't use Form 4137 as a substitute Form W-2.

F! If you believe you're an employee and you received Form 1099-MISC, Miscellaneous Income, or Form 1099-NEC, Nonemployee Compensation, instead of CAUTION Form W-2, Wage and Tax Statement, because your employer didn't consider you an employee, don't use this form to report the social security and Medicare tax on that income. Instead, use Form 8919, Uncollected Social Security and Medicare Tax on Wages.

Who must file. You must file Form 4137 if you received cash and charge tips of $20 or more in a calendar month and didn't report all of those tips to your employer. You must also file Form 4137 if your Form(s) W-2, box 8, shows allocated tips that you must report as income.

Cat. No. 12626C

Form 4137 (2020)

Form 4137 (2020)

Allocated tips. You must report all your tips from 2020, including both cash tips and noncash tips, as income on Form 1040 or 1040-SR, line 1; or Form 1040-NR, line 1a. Any tips you reported to your employer in 2020 are included in the wages shown on your Form W-2, box 1. Add to the amount in box 1 only the tips you received in 2020 and didn't report to your employer. This should include any allocated tips shown on your Form(s) W-2, box 8, unless you have adequate records to show that your unreported tips are less than the amount in box 8. Although allocated tips are shown on your Form W-2, they aren't included in box 1 on that form and no tax is withheld from these tips.

Tips you must report to your employer. If you receive $20 or more in cash tips, you must report 100% of those tips to your employer through a written report. Cash tips include tips paid by cash, check, debit card, and credit card. The written report should include tips your employer paid to you for charge customers, tips you received directly from customers, and tips you received from other employees under any tip-sharing arrangement. If, in any month, you worked for two or more employers and received tips while working for each, the $20 rule applies separately to the tips you received while working for each employer and not to the total you received. You must report your tips to your employer by the 10th day of the month following the month you received them. If the 10th day of the month falls on a Saturday, Sunday, or legal holiday, give your employer the report by the next business day. For example, because July 10, 2021, is a Saturday, you must report your tips received in June 2021 by July 12, 2021.

Employees subject to the Railroad Retirement Tax Act. Don't use Form 4137 to report tips received for work covered by the Railroad Retirement Tax Act. To get railroad retirement credit, you must report these tips to your employer.

Payment of tax. Tips you reported to your employer are subject to social security and Medicare tax (or railroad retirement tax), Additional Medicare Tax, and income tax withholding. Your employer collects these taxes from wages (excluding tips) or other funds of yours available to cover them. If your wages weren't enough to cover these taxes, you may have given your employer the additional amounts needed. Your Form W-2 will include the tips you reported to your employer and the taxes withheld. If there wasn't enough money to cover the social security and Medicare tax (or railroad retirement tax), your Form W-2 will also show the uncollected tax due in box 12 with codes A and B. See the instructions for Schedule 2 (Form 1040), line 8, to see how to report the tax due. If you worked in American Samoa, Guam, or the U.S. Virgin Islands, the amount of uncollected tax due is identified in box 12 on Form W-2AS, W-2GU, or W-2VI with codes A and B. If you worked in Puerto Rico, Form 499R-2/W-2PR shows the uncollected tax due in the boxes for "Seguro Social no Retenido en Propinas - Uncollected Social Security Tax on Tips" and "Contrib. Medicare no Retenida en Propinas - Uncollected Medicare Tax on Tips." Unlike the uncollected portion of the regular (1.45%) Medicare tax, the uncollected Additional Medicare Tax isn't reported on Form W-2, box 12, with code B.

Penalty for not reporting tips. If you didn't report tips to your employer as required, you may be charged a penalty equal to 50% of the social security, Medicare, and Additional Medicare Taxes due on those tips. You can avoid this penalty if you can show (in a statement attached to your return) that your failure to report tips to your employer was due to reasonable cause and not due to willful neglect.

Additional information. See Pub. 531, Reporting Tip Income. See Rev. Rul. 2012-18 for guidance on taxes imposed on tips and the difference between tips and service charges. You can find Rev. Rul. 2012-18, 2012-26 I.R.B. 1032, at irb/2012-26_IRB#RR-2012-18.

Page 2

Specific Instructions

Line 1. Complete a separate row for each employer. If you had more than five employers in 2020, attach a statement that contains all of the information (and in a similar format) as required on Form 4137, line 1, or complete and attach line 1 of additional Form(s) 4137. Complete lines 2 through 13 on only one Form 4137. The line 2 and line 3 amounts on that Form 4137 should be the combined totals of all your Forms 4137 and attached statements. Include your name, social security number, and calendar year (2020) on the top of any attachment.

Column (a). Enter your employer's name exactly as shown on your Form W-2.

Column (b). For each employer's name you entered in column (a), enter the employer identification number (EIN) or the words "Applied For" exactly as shown on your Form W-2.

Columns (c) and (d). Include all cash and charge tips you received. All of the following tips must be included.

? Total tips you reported to your employer on time. Tips you reported, as required, by the 10th day of the month following the month you received them are considered income in the month you reported them. For example, tips you received in December 2019 that you reported to your employer after December 31, 2019, but by January 10, 2020, are considered income in 2020 and should be included on your 2020 Form W-2 and reported on Form 4137, line 1. Report these tips in column (d).

? Tips you received in December 2020 that you reported to your employer after December 31, 2020, but by January 10, 2021, are considered income in 2021. Don't include these tips on line 1 for 2020. Instead, report these tips on line 1, column (d), on your 2021 Form 4137.

? Tips you didn't report to your employer on time. Report these tips in column (d).

? Tips you didn't report at all (include any allocated tips (see Allocated tips, earlier) shown in box 8 on your Form(s) W-2 unless you can prove that your unreported tips are less than the amount in box 8). Report these tips in column (c). These tips are considered income to you in the month you actually received them. For example, tips you received in December 2020 that you reported to your employer after January 10, 2021, are considered income in 2020 because you didn't report them to your employer on time.

? Tips you received that you weren't required to report to your employer because they totaled less than $20 during the month. Report these tips in column (c).

Line 5. Enter only the tips you weren't required to report to your employer because the total received was less than $20 in a calendar month. These tips aren't subject to social security and Medicare tax.

Line 6. Enter this amount on Form 8959, line 2, if you're required to file that form.

Line 8. For railroad retirement (RRTA) compensation, don't include an amount greater than $137,700, which is the amount subject to the 6.2% rate for 2020.

Line 10. If line 6 includes tips you received for work you did as a federal, state, or local government employee and your pay was subject only to the 1.45% Medicare tax, subtract the amount of those tips from the line 6 amount only for the purpose of comparing lines 6 and 9. Don't reduce the actual entry on line 6. Enter "1.45% tips" and the amount you subtracted on the dotted line next to line 10.

8829 Form

Department of the Treasury Internal Revenue Service (99) Name(s) of proprietor(s)

Expenses for Business Use of Your Home

a File only with Schedule C (Form 1040). Use a separate Form 8829 for each home you used for business during the year.

a Go to Form8829 for instructions and the latest information.

OMB No. 1545-0074

2020

Attachment

Sequence No. 176

Your social security number

Part I Part of Your Home Used for Business

1 Area used regularly and exclusively for business, regularly for daycare, or for storage of inventory or product samples (see instructions) . . . . . . . . . . . . . . . . . . . . 1

2 Total area of home . . . . . . . . . . . . . . . . . . . . . . . . . . . 2

3 Divide line 1 by line 2. Enter the result as a percentage . . . . . . . . . . . . . . . 3

For daycare facilities not used exclusively for business, go to line 4. All others, go to line 7.

4 Multiply days used for daycare during year by hours used per day . . 4

hr.

5 If you started or stopped using your home for daycare during the year,

see instructions; otherwise, enter 8,784 . . . . . . . . . . . 5

hr.

6 Divide line 4 by line 5. Enter the result as a decimal amount . . . . 6

.

7 Business percentage. For daycare facilities not used exclusively for business, multiply line 6 by line 3 (enter the result as a percentage). All others, enter the amount from line 3 . . . . . a 7

Part II Figure Your Allowable Deduction

8 Enter the amount from Schedule C, line 29, plus any gain derived from the business use of your home, minus any loss from the trade or business not derived from the business use of your home. See instructions. 8

See instructions for columns (a) and (b) before completing lines 9?22.

9 Casualty losses (see instructions) . . . . . . 9

(a) Direct expenses

(b) Indirect expenses

10 Deductible mortgage interest (see instructions) . 10

11 Real estate taxes (see instructions) . . . . . 11

12 Add lines 9, 10, and 11 . . . . . . . . . 12

13 Multiply line 12, column (b), by line 7 . . . . . . . . . . . . 13

14 Add line 12, column (a), and line 13 . . . . . . . . . . . . . . . . . . . . . 14

15 Subtract line 14 from line 8. If zero or less, enter -0- . . . . . . . . . . . . . . . . 15

16 Excess mortgage interest (see instructions) . . 16

17 Excess real estate taxes (see instructions) . . . 17

18 Insurance . . . . . . . . . . . . . . 18

19 Rent . . . . . . . . . . . . . . . 19

20 Repairs and maintenance . . . . . . . . 20

21 Utilities . . . . . . . . . . . . . . 21

22 Other expenses (see instructions) . . . . . . 22

23 Add lines 16 through 22 . . . . . . . . . 23

24 Multiply line 23, column (b), by line 7 . . . . . . . . . . . . 24

25 Carryover of prior year operating expenses (see instructions) . . . . 25

26 Add line 23, column (a), line 24, and line 25 . . . . . . . . . . . . . . . . . . . 26

27 Allowable operating expenses. Enter the smaller of line 15 or line 26 . . . . . . . . . . 27

28 Limit on excess casualty losses and depreciation. Subtract line 27 from line 15 . . . . . . . 28

29 Excess casualty losses (see instructions) . . . . . . . . . . 29

30 Depreciation of your home from line 42 below . . . . . . . . . 30

31 Carryover of prior year excess casualty losses and depreciation (see instructions) 31

32 Add lines 29 through 31 . . . . . . . . . . . . . . . . . . . . . . . . . 32

33 Allowable excess casualty losses and depreciation. Enter the smaller of line 28 or line 32 . . . 33

34 Add lines 14, 27, and 33 . . . . . . . . . . . . . . . . . . . . . . . . . 34

35 Casualty loss portion, if any, from lines 14 and 33. Carry amount to Form 4684. See instructions . 35

36 Allowable expenses for business use of your home. Subtract line 35 from line 34. Enter here and on Schedule C, line 30. If your home was used for more than one business, see instructions. a 36

Part III Depreciation of Your Home

37 Enter the smaller of your home's adjusted basis or its fair market value. See instructions . . . 37

38 Value of land included on line 37 . . . . . . . . . . . . . . . . . . . . . . 38

39 Basis of building. Subtract line 38 from line 37 . . . . . . . . . . . . . . . . . 39

40 Business basis of building. Multiply line 39 by line 7 . . . . . . . . . . . . . . . . 40

41 Depreciation percentage (see instructions) . . . . . . . . . . . . . . . . . . . 41

42 Depreciation allowable (see instructions). Multiply line 40 by line 41. Enter here and on line 30 above 42 Part IV Carryover of Unallowed Expenses to 2021

43 Operating expenses. Subtract line 27 from line 26. If less than zero, enter -0- . . . . . . . 43

44 Excess casualty losses and depreciation. Subtract line 33 from line 32. If less than zero, enter -0- . 44

For Paperwork Reduction Act Notice, see your tax return instructions.

Cat. No. 13232M

% %

% Form 8829 (2020)

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