Tax Year Tax Year
Increase
(Decrease)
Description
2019
Name(s) as shown on return Social security number
**** ****** ****** **** ****** Status
**** *** ******* **** *** Bracket
Two-Year Comparison Worksheet 2020
ANTHONY M. SANDBOTHE & BEATRIZ LIM-SANDBOTHE ***-**-**** SINGLE MARRIED FILING JOINT
WAGES, SALARIES, AND TIPS 48,333. 58,358. 10,025.
SCH. C (BUSINESS INCOME/LOSS) 465. 5,298. 4,833.
TOTAL INCOME 48,798. 63,656. 14,858.
DEDUCTIBLE PART OF SE TAX 33. 375. 342.
CONTRIBUTIONS 0. 300. 300.
TOTAL ADJUSTMENTS 33. 675. 642.
ADJUSTED GROSS INCOME 48,765. 62,981. 14,216.
STANDARD DEDUCTION 12,200. 24,800. 12,600.
QUALIFIED BUSINESS INCOME DEDUCTION 86. 985. 899.
TOTAL DEDUCTIONS 12,286. 25,785. 13,499.
TAXABLE INCOME 36,479. 37,196. 717.
TAX 4,183. 4,066. -117.
TAX BEFORE CREDITS 4,183. 4,066. -117.
TAX AFTER NON-REFUNDABLE CREDITS 4,183. 4,066. -117. SCHEDULE SE (SELF-EMPLOYMENT TAX) 66. 749. 683.
TOTAL TAX 4,249. 4,815. 566.
FEDERAL INCOME TAX WITHHELD 6,795. 4,968. -1,827.
TOTAL PAYMENTS 6,795. 4,968. -1,827.
TAX OVERPAID 2,546. 153. -2,393.
AMOUNT REFUNDED 2,546. 153. -2,393.
12.0% 12.0%
Credit for other dependents
Department of the Treasury - Internal Revenue Service
(99)
OMB No. 1545-0074
IRS Use Only - Do not write or staple in this space. Social security number Relationship to you if qualifies for (see instructions): Child tax credit
Single or Married
filing separately,
$12,400
Married filing
jointly or
Qualifying
widow(er),
$24,800
Head of
household,
$18,650
If you checked
any box under
Standard
Deduction,
see instructions.
Form (2020)
Standard
Deduction for -
If more
than four
depend-
ents, see
instr. and
check
here
Your social security number
Spouse's social security number
Presidential Election Campaign
You Spouse
Yes No
Someone can claim:
Age/Blindness You: Spouse:
(2) (3) (4)
(1)
1040
Filing Status
Standard
Deduction
Dependents
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
1
2b
3b
4b
5b
6b
7
8
9
10c
11
12
13
14
15
a
a
a
a
a
a
b
c
2a
3a
4a
5a
6a
b
b
b
b
b
total income
total adjustments to income
10a
10b
adjusted gross income
Standard deduction or itemized deductions
Taxable income.
For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Form
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.
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.
State
Foreign postal code
Were born before January 2, 1956 Are blind Was born before January 2, 1956 Is blind First name Last name
,,,
Taxable interest
Ordinary dividends
Taxable amount
Taxable amount
Taxable amount
Charitable contributions if you take the standard deduction. See instr.
Single Married filing jointly
Check only
one box.
Your first name and middle initial Last name
If joint return, spouse's first name and middle initial Last name 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. ZIP code Foreign country name Foreign province/state/county At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency? You as a dependent Your spouse as a dependent
Spouse itemizes on a separate return or you were a dual-status alien
(see instructions):
Wages salaries tips etc. Attach Form(s) W-2 Attach
Sch. B if
required.
Tax-exempt interest ~~~
Qualified dividends
IRA distributions
Pensions and annuities
~~
Social security benefits ~~
Capital gain or (loss). Attach Schedule D if required. If not required, check here Other income from Schedule 1, line 9
¥ Add lines 1, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your Adjustments to income:
¥ From Schedule 1, line 22
Add lines 10a and 10b. These are your
~
¥ Subtract line 10c from line 9. This is your
(from Schedule A)
¥ Qualified business income deduction. Attach Form 8995 or Form 8995-A Add lines 12 and 13 Subtract line 14 from line 11.
If zero or less, enter -0- LHA
1040 U.S. Individual Income Tax Return 2020
u
" "
" "
STMT 1
ANTHONY M. SANDBOTHE 483 84 5612
BEATRIZ LIM-SANDBOTHE 783 35 0912
3540 OLD LEWIS RIVER RD
58,358.
63,656.
62,981.
24,800.
985.
37,196.
375.
25,785.
X
5,298.
WOODLAND WA98674
X
300.
675.
Form 1040 (2020) Page
If you have a
qualifying child,
attach Sch. EIC.
If you have
nontaxable
combat pay, see
instructions
Direct deposit?
See instructions.
For details on
how to pay, see
instructions.
Designee's
name
Phone
no.
Personal identification
number (PIN)
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. If the IRS sent you an Identity
Protection PIN, enter it here
(see inst.)
Your signature Date Your occupation
Spouse's signature. If a joint return, must sign. Date Spouse's occupation If the IRS sent your spouse an Identity Protection PIN,
enter it here (see inst.)
Joint return?
See instructions.
Keep a copy for
your records.
Phone no. Email address
Preparer's name Preparer's signature Date PTIN
Self-employed
Phone no.
Firm's
name
Firm's EIN
Firm's
address
Form (2020)
both
2
applied to your 2021 estimated tax
1040
16
17
18
19
20
21
22
23
24
25
Tax 1 2 3 16
17
18
19
20
21
22
23
24
25d
26
a
b
c
d
25a
25b
25c
26
27
28
29
30
31
32
33
34
35
36
37
38
27
28
29
30
31
total other payments and refundable credits 32
33
34
35a
37
total payments
overpaid
a
b
d
refunded to you.
c
36
amount you owe now
Note:
38
Yes. No
www.irs.gov/Form1040
(see instructions).
Routing number
Account number
Complete below.
Check if:
Check if any from Form(s): 8814 4972
Amount from Schedule 2, line 3
Add lines 16 and 17
Child tax credit or credit for other dependents
Amount from Schedule 3, line 7
Add lines 19 and 20
Subtract line 21 from line 18. If zero or less, enter -0-
Other taxes, including self-employment tax, from Schedule 2, line 10 Add lines 22 and 23. This is your total tax
Federal income tax withheld from:
Form(s) W-2
Form(s) 1099
Other forms (see instructions)
Add lines 25a through 25c
2020 estimated tax payments and amount applied from 2019 return
¥
Earned income credit (EIC)
¥ Additional child tax credit. Attach Schedule 8812 American opportunity credit from Form 8863, line 8 Recovery rebate credit. See instructions Amount from Schedule 3, line 13
Add lines 27 through 31. These are your ~~
Add lines 25d, 26, and 32. These are your If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you Amount of line 34 you want If Form 8888 is attached, check here Type: Checking Savings
Amount of line 34 you want
Subtract line 33 from line 24. This is the 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. Estimated tax penalty (see instructions) Do you want to allow another person to discuss this return with the IRS? See instructions
Go to for instructions and the latest information. Refund
Amount
You Owe
Third Party
Designee
Sign
Here
Paid
Preparer
Use Only
=
SEE STATEMENT 2
ANTHONY M. SANDBOTHE & BEATRIZ LIM-SAND
INSURANCE SALES
RECRUITER
CPA
ADAM RASMUSSEN,
CPA
ADAM RASMUSSEN,
P01838197
OPSAHL DAWSON, PS
80-0305279
4,066.
4,066.
749.
4,815.
4,968.
4,968.
153.
153.
323383349 X
***-**-****
7701 NE GREENWOOD DRIVE, SUITE 200
VANCOUVER, WA 98662
4,066.
X
ADAM RASMUSSEN, CPA 360-***-**** 98662
10/11/21
4,968.
Department of the Treasury
Internal Revenue Service
Attachment
Sequence No.
Your social security number
Schedule 1 (Form 1040) 2020
(Form 1040)
Attach to Form 1040, 1040-SR, or 1040-NR.
Go to www.irs.gov/Form1040 for instructions and the latest information. 1
2
3
4
5
6
7
8
9
1
2a
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18a
19
20
21
22
a
b
10
11
12
13
14
15
16
17
18
19
20
21
22
a
b
c
adjustments to income.
For Paperwork Reduction Act Notice, see your tax return instructions. Name(s) shown on Form 1040, 1040-SR, or 1040-NR
OMB No. 1545-0074
Taxable refunds, credits, or offsets of state and local income taxes Alimony received Date of original divorce or separation agreement (see instructions) Business income or (loss). Attach Schedule C Other gains or (losses). Attach Form 4797 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E Farm income or (loss). Attach Schedule F Unemployment compensation Other income. List type and amount
Combine lines 1 through 8. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 8 Educator expenses Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 Health savings account deduction. Attach Form 8889 Moving expenses for members of the Armed Forces. Attach Form 3903 Deductible part of self-employment tax. Attach Schedule SE Self-employed SEP, SIMPLE, and qualified plans Self-employed health insurance deduction Penalty on early withdrawal of savings Alimony paid Recipient's SSN Date of original divorce or separation agreement (see instructions) IRA deduction Student loan interest deduction Tuition and fees deduction. Attach Form 8917 Add lines 10 through 21. These are your Enter here and on Form 1040, 1040-SR, or 1040-NR, line 10a LHA
SCHEDULE 1
01
Part I Additional Income
Part II Adjustments to Income
Additional Income and Adjustments to Income 2020
" "
ANTHONY M. SANDBOTHE & BEATRIZ LIM-SANDBOTHE ***-**-**** 5,298.
5,298.
375.
375.
Department of the Treasury
Internal Revenue Service
Attachment
Sequence No.
OMB No. 1545-0074
Your social security number
Schedule 2 (Form 1040) 2020
(Form 1040)
Attach to Form 1040, 1040-SR, or 1040-NR.
Go to www.irs.gov/Form1040 for instructions and the latest information. 1
2
3
1
2
3
4
5
6
7
8
9
10
4
5
6
7a
7b
8
a b
a
b
a b
c
total other taxes.
9
10
For Paperwork Reduction Act Notice, see your tax return instructions. Name(s) shown on Form 1040, 1040-SR, or 1040-NR
Alternative minimum tax. Attach Form 6251
Excess advance premium tax credit repayment. Attach Form 8962 Add lines 1 and 2. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 17
Self-employment tax. Attach Schedule SE
Unreported social security and Medicare tax from Form: Additional tax on IRAs, other qualified retirement plans, and other tax-favored accounts. Attach Form 5329 if required
4137 8919
Household employment taxes. Attach Schedule H
Repayment of first-time homebuyer credit from Form 5405. Attach Form 5405 if required
Taxes from: Form 8959 Form 8960
Instructions; enter code(s)
Section 965 net tax liability installment from Form 965-A Add lines 4 through 8. These are your Enter here and on Form 1040 or 1040-SR, line 23, or Form 1040-NR, line 23b
LHA
SCHEDULE 2
02
Part I Tax
Part II Other Taxes
Additional Taxes 2020
ANTHONY M. SANDBOTHE & BEATRIZ LIM-SANDBOTHE ***-**-**** 749.
0.
749.
You can't take the credit. Don't complete the rest of this worksheet and don't enter any amount on line 30.
If you aren't filing a joint return, STOP you can't take the credit. Don't complete the rest of this worksheet and don't enter any amount on line 30.
You can't take the credit. Don't complete the rest of this worksheet and don't enter any amount on line 30.
Skip line 14. Enter the amount from line 7 on line 15 and the amount from line 10 on line 18.
Enter the amount, if any, of EIP 2 that was issued to you. You may refer to Notice 1444-B or your tax account information at IRS.gov/Account for the amount to enter here
Subtract line 19 from line 18. If zero or less, enter -0-. If line 19 is more than line 18, you don't have to pay back the difference Add lines 17 and 20. Enter the result here and, if more than zero, on line 30 of Form 1040 or 1040-SR 010***-**-**-**
Recovery rebate credit.
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
21.
No.
Yes.
Yes.
No.
Yes.
No.
Yes.
No.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
No.
Yes.
18.
19.
20.
21.
Valid social security number,
Valid social security number,
Valid social security number,
IRS.gov/Account
Enter the amount, if any, of EIP 1 that was issued to you (before offset for any past-due child support payment). You may refer to Notice 1444 or your tax account information at for the amount to enter here Subtract line 16 from line 15. If zero or less, enter -0-. If line 16 is more than line 15, you don't have to pay back the difference
Name(s) shown on return Your SSN
See the instructions for line 30 to find out if you can take this credit and for definitions and other information needed to fill out this worksheet.
If you received Notice 1444 and Notice 1444-B, have them available. Don't include on line 16 or 19 any amount you received but later returned to the IRS. Can you be claimed as a dependent on another person's 2020 return? If filing a joint return, go to line 2. Go to line 2.
Stop.
Does your 2020 return include a valid social security number (defined under earlier) for you and, if filing a joint return, your spouse? Skip lines 3 and 4, and go to line 5.
If you are filing a joint return, go to line 3.
Was at least one of you a member of the U.S. Armed Forces at any time during 2020, and does at least one of you have a valid social security number (defined under earlier)? Your credit is not limited. Go to line 5.
Go to line 4.
Does one of you have a valid social security number (defined under earlier)? Your credit is limited. Go to line 5.
Stop.
If your EIP 1 was $1,200 ($2,400 if married filing jointly) plus $500 for each qualifying child you had in 2020, skip lines 5 and 6, enter zero on lines 7 and 16, and go to line 8. Otherwise, enter:
¥ $1,200 if single, head of household, married filing separately, qualifying widow(er), or if married filing jointly and you answered "Yes" to question 4, or
¥ $2,400 if married filing jointly and you answered "Yes" to question 2 or 3 Multiply $500 by the number of qualifying children under age 17 at the end of 2020 listed in the Dependents section on page 1 of Form 1040 or 1040-SR for whom you either checked the "Child tax credit" box or entered an adoption taxpayer identification number Add lines 5 and 6 If your EIP 2 was $600 ($1,200 if married filing jointly) plus $600 for each qualifying child you had in 2020, skip lines 8 and 9, enter zero on lines 10 and 19, and go to line 11. Otherwise, enter:
¥ $600 if single, head of household, married filing separately, qualifying widow(er), or if married filing jointly and you answered "Yes" to question 4, or
¥ $1,200 if married filing jointly and you answered "Yes" to question 2 or 3 Multiply $600 by the number of qualifying children under age 17 at the end of 2020 listed in the Dependents section on page 1 of Form 1040 or 1040-SR for whom you either checked the "Child tax credit" box or entered an adoption taxpayer identification number Add lines 8 and 9 Enter the amount from line 11 of Form 1040 or 1040-SR Enter the amount shown below for your filing status:
¥ $150,000 if married filing jointly or qualifying widow(er)
¥ $112,500 if head of household
¥ $75,000 if single or married filing separately
Is the amount on line 11 more than the amount on line 12? Subtract line 12 from line 11.
Multiply line 13 by 5% (0.05) Subtract line 14 from line 7. If zero or less, enter -0-
Subtract line 14 from line 10. If zero or less, enter -0-
Recovery Rebate Credit Worksheet - Line 30
Before you begin: u
u
pnmno
ANTHONY M. SANDBOTHE & BEATRIZ LIM-SANDBOTHE ***-**-**** X
X
0.
0.
62,981.
150,000.
X
0.
0.
0.
0.
0.
0.
0.
OMB No. 1545-0074
Attachment
Sequence No.
Department of the Treasury
Internal Revenue Service (99)
Caution:
Your social security number
Caution:
Caution:
If you are claiming a net qualified disaster loss on Form 4684, see the instructions for line 16. Name(s) shown on Form 1040 or 1040-SR
Your
mortgage interest
deduction may be
limited (see
instructions).
If you
made a gift and
got a benefit for it,
see instructions.
(Form 1040)
Go to www.irs.gov/ScheduleA for instructions and the latest information. Attach to Form 1040 or 1040-SR.
Caution:
1
2
3
4
1
3
2
4
5
6
7
a
b
c
d
e
5a
5b
5c
5d
5e
6
7
8
a
b
c
d
e
8a
8b
8c
8d
8e
9
9
10 10
11
12
13
14
must
11
12
13
14
15
Casualty and
Theft Losses
15
Other
Itemized
Deductions
16
16
17
18
17
For Paperwork Reduction Act Notice, see the Instructions for Forms 1040 and 1040-SR. Schedule A (Form 1040) 2020
Do not include expenses reimbursed or paid by others. Medical and dental expenses (see instructions) Enter amount from Form 1040 or 1040-SR, line 11 Multiply line 2 by 7.5% (0.075) Subtract line 3 from line 1. If line 3 is more than line 1, enter -0- State and local taxes.
State and local income taxes or general sales taxes. You may include either income taxes or general sales taxes on line 5a, but not both. If you elect to include general sales taxes instead of income taxes, check this box
State and local real estate taxes (see instructions) State and local personal property taxes
Add lines 5a through 5c
Enter the smaller of line 5d or $10,000 ($5,000 if married filing separately)
Other taxes. List type and amount
Add lines 5e and 6 Home mortgage interest and points. If you didn't use all of your home mortgage loan(s) to buy, build, or improve your home, see instructions and check this box Home mortgage interest and points reported to you on Form 1098. See instructions if limited Home mortgage interest not reported to you on Form 1098. See instructions if limited. If paid to the person from whom you bought the home, see instructions and show that person's name, identifying no., and address
Points not reported to you on Form 1098. See instructions for special rules
Mortgage insurance premiums (see instructions)
Add lines 8a through 8d
Investment interest. Attach Form 4952 if required. See instructions
Add lines 8e and 9
Gifts by cash or check. If you made any gift of $250 or more, see instructions
Other than by cash or check. If you made any gift of $250 or more, see instructions. You attach Form 8283 if over $500 Carryover from prior year
Add lines 11 through 13
Casualty and theft loss(es) from a federally declared disaster (other than net qualified disaster losses). Attach Form 4684 and enter the amount from line 18 of that form. See instructions Other - from list in instructions. List type and amount Add the amounts in the far right column for lines 4 through 16. Also, enter this amount on Form 1040 or 1040-SR, line 12
If you elect to itemize deductions even though they are less than your standard deduction, check this box
LHA
SCHEDULE A
07
Medical
and
Dental
Expenses
Taxes You
Paid
Interest You
Paid
Gifts to
Charity
Total
Itemized
Deductions
Itemized Deductions
2020
" "
SEE STATEMENT 3 1,074.
1,074.
300.
300.
1,374.
ANTHONY M. SANDBOTHE & BEATRIZ LIM-SANDBOTHE 483 84 5612 X
DOES NOT APPLY - NOT USED
300.
1,074.
1,074.
OMB No. 1545-0074
Department of the Treasury Attachment
Internal Revenue Service (99) Sequence No.
Name of proprietor Social security number (SSN)
Enter code from instructions
Employer ID number (EIN) (see instr.)
All investment
is at risk.
Some investment
is not at risk.
Go to www.irs.gov/ScheduleC for instructions and the latest information.
Attach to Form 1040, 1040-SR, 1040-NR, or 1041; partnerships generally must file Form 1065. A B
C D
E
F
G
H
I
J
(1) (2) (3)
Yes No
Yes No
Yes No
1
1
2
3
4
5
6
7
2
3
Gross profit.
4
5
6
7 Gross income.
8 8 18
9
10
11
12
13
14
15
18
19
20a
20b
21
22
23
24a
24b
25
26
27a
27b
9 19
20
10 a
11 b
12 21
13 22
23
24
14 a
b
15
16 25
Reserved for future use
a 16a 26
b 16b 27 a
17 17 b
28
29
30
Total expenses 28
29
30
Simplified method filers only:
31 Net profit or (loss).
Schedule 1 (Form 1040), line 3, Schedule SE, line 2. Form 1041, line 3. 31
must
32
Schedule 1 (Form 1040), line 3, Schedule 32a
SE, line 2. 32b
Form 1041, line 3.
must Form 6198.
For Paperwork Reduction Act Notice, see the separate instructions. Schedule C (Form 1040) 2020
(Sole Proprietorship)
Principal business or profession, including product or service (see instructions) Business name. If no separate business name, leave blank. Business address (including suite or room no.)
City, town or post office, state, and ZIP code
Accounting method: Cash Accrual Other (specify)
Did you "materially participate" in the operation of this business during 2020? If "No," see instructions for limit on losses If you started or acquired this business during 2020, check here Did you make any payments in 2020 that would require you to file Form(s) 1099? See instructions If "Yes," did you or will you file required Form(s) 1099?
Gross receipts or sales. See instructions for line 1 and check the box if this income was reported to you on Form W-2 and the "Statutory employee" box on that form was checked Returns and allowances
Subtract line 2 from line 1
Cost of goods sold (from line 42)
Subtract line 4 from line 3
Other income, including federal and state gasoline or fuel tax credit or refund (see instructions) Add lines 5 and 6 Advertising
Car and truck expenses
(see instructions)
Commissions and fees
Office expense
Pension and profit-sharing plans
Rent or lease (see instructions):
Vehicles, machinery, and equipment
Contract labor (see instructions) Other business property Depletion
~~
Repairs and maintenance
Supplies (not included in Part III)
Taxes and licenses
Travel and meals:
Depreciation and section 179
expense deduction (not included in
Part III) (see instructions)
Employee benefit programs (other
than on line 19)
Insurance (other than health)
Interest (see instructions):
Travel
Deductible meals (see
instructions)
Utilities
Wages (less employment credits)
Other expenses (from line 48)
Mortgage (paid to banks, etc.) ~~~
Other
Legal and professional services
before expenses for business use of home. Add lines 8 through 27a Tentative profit or (loss). Subtract line 28 from line 7 Expenses for business use of your home. Do not report these expenses elsewhere. Attach Form 8829 unless using the simplified method. See instructions. Enter the total square footage of (a) your home:
and (b) the part of your home used for business:
Use the Simplified Method Worksheet in the instructions to figure the amount to enter on line 30
.
Subtract line 30 from line 29.
If a profit, enter on both and on (If you
checked the box on line 1, see instructions). Estates and trusts, enter on If a loss, you go to line 32.
If you have a loss, check the box that describes your investment in this activity. See instructions. If you checked 32a, enter the loss on both and on
(If you checked the box on line 1, see the line 31 instructions). Estates and trusts, enter on If you checked 32b, you attach Your loss may be limited.
LHA
SCHEDULE C
(Form 1040)
09
Part I Income
Part II Expenses. Enter expenses for business use of your home only on line 30. Profit or Loss From Business 2020
11111111111111111111111111111111111111111111
11111111111111111111111111
B B pmo pnmno
B
B
11,657.
11,657.
11,657.
5,639.
5,298.
X
6,018.
720.
939.
X
INSURANCE SALES
3540 OLD LEWIS RIVER RD
WOODLAND, WA 98674
ANTHONY M. SANDBOTHE ***-**-****
CASH
11,657.
2,780.
FARMERS INSURANCE
1,200.
720.
768
144
524210
33
34
a b c
35
36
37
38
39
40
41
35
36
37
38
39
40
41
42 Cost of goods sold. 42
43
44
45
46
47
a b c
a
b
48 Total other expenses. 48
Schedule C (Form 1040) 2020
2
Yes No
Yes
Yes
No
No
Yes
Yes
No
No
Schedule C (Form 1040) 2020 Page
Method(s) used to
value closing inventory: Cost Lower of cost or market Other (attach explanation) Was there any change in determining quantities, costs, or valuations between opening and closing inventory? If "Yes," attach explanation Inventory at beginning of year. If different from last year's closing inventory, attach explanation Purchases less cost of items withdrawn for personal use
Cost of labor. Do not include any amounts paid to yourself Materials and supplies
Other costs
Add lines 35 through 39
Inventory at end of year
Subtract line 41 from line 40. Enter the result here and on line 4 When did you place your vehicle in service for business purposes? (month/day/year) / / Of the total number of miles you drove your vehicle during 2020, enter the number of miles you used your vehicle for: Business Commuting Other
Was your vehicle available for personal use during off-duty hours? Do you (or your spouse) have another vehicle available for personal use? Do you have evidence to support your deduction?
If "Yes," is the evidence written?
Enter here and on line 27a Part III Cost of Goods Sold
Part IV Information on Your Vehicle. only
Part V Other Expenses.
(see instructions)
Complete this part if you are claiming car or truck expenses on line 9 and are not required to file Form 4562 for this business. See the instructions for line 13 to find out if you must file Form 4562.
List below business expenses not included on lines 8-26 or line 30. 9
PHONE 939.
939.
ANTHONY M. SANDBOTHE ***-**-****
OMB No. 1545-0074
Department of the Treasury
Internal Revenue Service
Attachment
(99) Sequence No.
1
2
1
3
4
4
1 3
2 4
From Sch. F, line 9; and Sch. K-1 (Form 1065), box 14, code B. From Sch. C, line 31; and Sch. K-1 (Form 1065), box 14, code A. From Sch. F, line 34; and Sch. K-1 (Form 1065), box 14, code A - minus the amount you would have entered on line 1b had you not used the optional method. From Sch. C, line 7; and Sch. K-1 (Form 1065), box 14, code C.
Go to www.irs.gov/ScheduleSE for instructions and the latest information.
Attach to Form 1040, 1040-SR, or 1040-NR.
self-employment
Note: church employee income,
A and
other
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
a
b
1a
1b
2
3
4a
4b
4c
5b
6
7
8d
9
10
11
12
14
15
16
17
a
b
c
Note:
stop; Exception:
church employee income,
a
b
church employee income
5a
8a
8b
8c
a
b
c
d
smaller
Self-employment tax. Schedule 2 (Form 1040), line 4 Deduction for one-half of self-employment tax.
Schedule 1 (Form 1040),
line 14 13
Farm Optional Method. only (a)
or (b)
smaller or
Nonfarm Optional Method. only (a)
and (b)
Caution:
smaller or
For Paperwork Reduction Act Notice, see your tax return instructions. Schedule SE (Form 1040) 2020 Name of person with self-employment income (as shown on Form 1040, 1040-SR, or 1040-NR) Social security number of person with income
If your only income subject to self-employment tax is see instructions for how to report your income and the definition of church employee income.
If you are a minister, member of a religious order, or Christian Science practitioner you filed Form 4361, but you had
$400 or more of net earnings from self-employment, check here and continue with Part I Skip lines 1a and 1b if you use the farm optional method in Part II. See instructions. Net farm profit or (loss) from Sch. F, line 34, and farm partnerships, Sch. K-1 (Form 1065), box 14, code A ~ If you received social security retirement or disability benefits, enter the amount of Conservation Reserve Program payments included on Schedule F, line 4b, or listed on Schedule K-1 (Form 1065), box 20, code AH Skip line 2 if you use the nonfarm optional method in Part II. See instructions. Net profit or (loss) from Schedule C, line 31; and Schedule K-1 (Form 1065), box 14, code A
(other than farming). See instructions for other income to report or if you are a minister or member of a religious order Combine lines 1a, 1b, and 2 If line 3 is more than zero, multiply line 3 by 92.35% (0.9235). Otherwise, enter amount from line 3 If line 4a is less than $400 due to Conservation Reserve Program payments on line 1b, see instructions If you elect one or both of the optional methods, enter the total of lines 15 and 17 here Combine lines 4a and 4b. If less than $400, you don't owe self-employment tax. If less than $400 and you had enter -0- and continue Enter your from Form W-2. See instructions for
definition of church employee income Multiply line 5a by 92.35% (0.9235). If less than $100, enter -0- Add lines 4c and 5b Maximum amount of combined wages and self-employment earnings subject to social security tax or the 6.2% portion of the 7.65% railroad retirement (tier 1) tax for 2020 137,700 Total social security wages and tips (total of boxes 3 and 7 on Form(s) W-2) and railroad retirement (tier 1) compensation. If $137,700 or more, skip lines 8b through 10, and go to line 11 Unreported tips subject to social security tax from Form 4137, line 10 ~~~