Blue boxes need answers
Posted: Tue Jul 05, 2022 11:48 am
Blue boxes need answers
John and Sandy Ferguson got married eight years ago and have a seven-year-old daughter, Samantha. In 2021, John worked as a computer technician at a local university earning a salary of $152,000, and Sandy worked part time as a receptionist for a law firm earning a salary of $29,000. John also does some Web design work on the side and reported revenues of $4,000 and associated expenses of $750. The Fergusons received $800 in qualified dividends and a $200 refund of their state income taxes. The Fergusons always itemize their deductions, and their itemized deductions were well over the standard deduction amount last year. Assume the Fergusons did not receive an advance payment for the 2021 individual recovery credit because they are not eligible for the credit. Use Exhibit 8-10, Tax Rate Schedule, Dividends and Capital Gains Tax Rates, 2021 AMT exemption for reference. The Fergusons reported making the following payments during the year: • State income taxes of $4,400. Federal tax withholding of $21,000. Alimony payments to John's former wife of $10,000 (divorced 12/31/2014). Child support payments for John's child with his former wife of $4,100. $12,200 of real property taxes. . • Sandy was reimbursed $600 for employee business expenses she incurred. She was required to provide documentation for her expenses to her employer. $3,600 to Kid Care day care center for Samantha's care while John and Sandy worked. • $14,000 interest on their home mortgage ($400,000 acquisition debt). • $3,000 interest on a $40,000 home-equity loan. They used the loan to pay for a family vacation and new car. $15,000 cash charitable contributions to qualified charities. Donation of used furniture to Goodwill. The furniture had a fair market value of $400 and cost $2,000. .
Attach Sch. Bif equired. Standard Deduction for- Single or Married Filing separately, 12,400 - Married filing ointly or Qualifying widow(er), 524,800 Head of nousehold, 518,650 - If you checked any box under Standard Deduction, See instructions. 1 Wages, salaries, tips, etc. Attach Form(s) W-2 2a Tax-exempt interest 3a Qualified dividends 4a IRA distributions 5a Pensions and annuities 6a Social security benefits 7 Capital gain or (loss). Amount. 8 Other income from Schedule 1, line 9 9 Add lines 1, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your total income 10 Adjustments to income: a From Schedule 1, line 22 2a 3a 4a 5a 6a b Charitable contributions if you take the standard deduction. See instruction c Add lines 10a and 10b. These are your total adjustments to income 11 Subtract line 10c from line 9. This is your adjusted gross income 12 Standard deduction or itemized deductions (from Schedule A) 13 Qualified business income deduction. Attach Form 8995 or Form 8995-A 14 Add lines 12 and 13 15 Taxable income. Subtract line 14 from line 11. If zero or less, enter -0- For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. b Taxable interest. b Ordinary dividends. b Taxable amount b Taxable amount b Taxable amount 10a 10b Cat. No. 11320B 1 2b 3b 4b 5b 6b 7 8 9 10c 11 12 13 14 15 0 0 0 Form 1040 (2020)
1040 PG 1 Form 1040 Page 1 and 2. Form 1040 (2020) 1040 PG 2 • If you have a qualifying child, attach Sch. EIC 16 Tax (see instructions). Amount. Schedule 1 Schedule 2 1 8814 Schedule 3 17 Amount from Schedule 2, line 3... 18 Add lines 16 and 17. 19 Child tax credit or credit for other dependents 20 Amount from Schedule 3, line 7 21 Add lines 19 and 20 22 Subtract line 21 from line 18. If zero or less, enter -0- 23 Other taxes, including self-employment tax, from Schedule 2, line 10 24 Add lines 22 and 23. This is your total tax 25 Federal income tax withheld from: a Form(s) W-2 b Form(s) 1099 c Other forms (see instructions) d Add lines 25a through 25c 26 2020 estimated tax payments and amount applied from 2019 return. 4972 6251 PG 1 3 25a 25b 25c 16 17 18 19 20 21 22 23 24 25d 26 Page 2 0 0 0 0
27 Earned income credit (EIC) 28 Additional child tax credit. Attach Schedule 8812 29 American opportunity credit from Form 8863, line 8. 30 Recovery rebate credit. See instructions 31 Amount from Schedule 3, line 13 32 Add lines 27 through 31. These are your total other payments and refundable credits 33 Add lines 25d, 26, and 32. These are your total payments Refund 34 If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you overpaid 35a Amount of line 34 you want refunded to you. ▶b Routing number • If you have nontaxable combat pay, see instructions. Direct deposit? See instructions. Amount You Owe For details on how to pay, see instructions. Third Party Designee ▶d Account number 36 Amount of line 34 you want applied to your 2021 estimated tax ▶c Type: 27 28 29 30 31 Do you want to allow another person to discuss this return with the IRS? See instructions Checking Savings 36 37 Subtract line 33 from line 24. This is the amount you owe now Note: 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 38 Estimated tax penalty (see instructions) 38 A Yes. Complete below. 32 33 34 35a 37 No
SCHEDULE 1 (Form 1040) Department of the Treasury Internal Revenue Service Part I 1 2a b 3 Name(s) shown on Form 1040, 1040-SR, or 1040-NR 4 Additional Income and Adjustments to Income 5 6 7 8 Attach to Form 1040, 1040-SR, or 1040-NR. Go to www.irs.gov/Form1040 for instructions and the latest information. Additional Income 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. Amount. OMB No. 1545-0074 2020 Attachment Sequence No. 01 Your social security number 1 2a 3 4 5 6 7 8
Part II 10 11 12 13 1415 16 17 18a b с 19 20 21 22 Adjustments to Income 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 adjustments to income. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 10a For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 71479F 10 11 12 13 14 15 16 17 18a 19 20 21 22 0 Schedule 1 (Form 1040)2020
SCHEDULE 2 (Form 1040) Department of the Treasury Internal Revenue Service Name(s) shown on Form 1040, 1040-SR, or 1040-NR Additional Taxes ► Attach to Form 1040, 1040-SR, or 1040-NR. Go to www.irs.gov/Form1040 for instructions and the latest information. Part I Tax 1 Alternative minimum tax. Attach Form 6251 2 Excess advance premium tax credit repayment. Attach Form 8962 3 Add lines 1 and 2. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 17 Part II Other Taxes 4 Self-employment tax. Attach Schedule SE 5 Unreported social security and Medicare tax from Form: a 4137 b 8919 6 Additional tax on IRAS, other qualified retirement plans, and other tax-favored accounts. Attach Form 5329 if required 7a Household employment taxes. Attach Schedule H b Repayment of first-time homebuyer credit from Form 5405. Attach Form 5405 if required 8 Taxes from: a Form 8959 b Form 8960 c Instructions; enter code(s) 9 Section 965 net tax liability installment from Form 965-A 9 10 Add lines 4 through 8. These are your total other taxes. Enter here and on Form 1040 or 1040-SR, line 23, or Form 1040- NR, line 23b For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 71478U OMB No. 1545-0074 2020 Attachment Sequence No. 02 Your social security number 1 2 3 4 5 6 7a 7b 8 10 0 Schedule 2 (Form 1040) 2020
Part I Nonrefundable Credits 1 Foreign tax credit. Attach Form 1116 if required 2 Credit for child and dependent care expenses. Attach Form 2441 3 Education credits from Form 8863, line 19 4 Retirement savings contributions credit. Attach Form 8880 5 Residential energy credits. Attach Form 5695 6 Other credits from Form: a 3800 b 8801 7 Add lines 1 through 6. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 20 Part II Other Payments and Refundable Credits 8 Net premium tax credit. Attach Form 8962 9 Amount paid with request for extension to file (see instructions) 10 Excess social security and tier 1 RRTA tax withheld 11 Credit for federal tax on fuels. Attach Form 4136 12 Other payments or refundable credits: a Form 2439 b Qualified sick and family leave credits from Schedule(s) H and Form(s) 7202 c Health coverage tax credit from Form 8885 d Other: e Deferral for certain Schedule H or SE filers (see instructions) fAdd lines 12a through 12e 13 Add lines 8 through 12f. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 31 For Paperwork Reduction Act Notice, see your tax return instructions. с 12a 12b 12c 12d 12e Cat. No. 71480G 1 2 3 4 5 6 7 8 9 10 11 0 12f 13 Schedule 3 (Form 1040) 2020
Form 6251 Department of the Treasury Internal Revenue Service (99) Name(s) shown on Form 1040, 1040-SR, or 1040-NR John and Sandy Ferguson Part I Alternative Minimum Tax- Individuals k ► Go to www.irs.gov/Form6251 for instructions and the latest information. Attach to Form 1040, 1040-SR, or 1040-NR. I Alternative Minimum Taxable Income Enter the amount from Form 1040 or 1040-SR, line 15, if more than zero. If Form 1040 or 1040-SR, line 15, is zero, subtract lines 12 and 13 of Form 1040 or 1040-SR from line 11 of Form 1040 or 1040-SR and enter the result here. (If less than zero, enter as a negative amount.) 2 a If filing Schedule A (Form 1040) enter the taxes from Schedule A, line 7; otherwise, enter the amount from Form 1040 or 1040-SR, line 12 (See instructions for how to complete each line.) b Tax refund from Schedule 1 (Form 1040), line 1 or line 8 c Investment interest expense (difference between regular tax and AMT) d Depletion (Difference between regular tax and AMT) e Net operating loss deduction from Schedule 1 (Form 1040), line 8. Enter as a positive amount f Alternative tax net operating loss deduction. g Interest from specified private activity bonds exempt from the regular tax h Qualified small business stock, see instructions i j Exercise of incentive stock options (excess of AMT income over regular tax income) Estates and trusts (amount from Schedule K-1 (Form 1041), box 12, code A) Disposition of property (Difference between AMT and regular tax gain or loss) Depreciation on assets placed in service after 1986 (Difference between regular tax and AMT) OMB No. 1545-0074 2020 Attachment Sequence No. 32 Your social security number 1 2a 2b 2c 2d 2e 2f 2g 2h 2i 2j 2k 21
5 6 7 8 9 10 Part II Exemption. Alternative Minimum Tax (AMT) IF your filing status is... Single or head of household Married filing jointly or qualifying widow(er) AND line 4 is not THEN enter on line over... 5... $ 518,400 $ 1,036,800 Married filling separately 518,400 If line 4 is over the amount shown above for your filing status, see instructions. 72,900 113,400 56,700 Subtract line 5 from line 4. If more than zero, go to line 7. If zero or less, enter -0- here and on lines 7, 9, and 11, and go to line 10 • If you are filing Form 2555, see instructions for the amount to enter. • If you reported capital gain distributions directly on Form 1040 or 1040-SR, line 7; you reported qualified dividends on Form 1040 or 1040-SR, line 3a; or you had a gain on both lines 15 and 16 of Schedule D (Form 1040) (as refigured for the AMT, if necessary), complete Part III on the back and enter the amount from line 40 here. • All others: If line 6 is $197,900 or less ($98,950 or less if married filing separately), multiply line 6 by 26% (0.26). Otherwise, multiply line 6 by 28% (0.28) and subtract $3,958 ($1,979 if married filing separately) from the result Otherwise, multiply line 6 by 28% (0.28) and subtract $3,896 ($1,948 if married filing separately) from the result. Alternative minimum tax foreign tax credit (see instructions) Tentative minimum tax. Subtract line 8 from line 7 Add Form 1040 or 1040-SR, line 16 (minus any tax from Form 4972), and Schedule 2 (Form 1040), line 2. Subtract Subtract from the result any foreign tax credit from Schedule 3 (Form 1040), line 1. If you used Schedule J to figure your tax on Form 1040 or 1040-SR, line 16, refigure that tax without using Schedule J before completing this line (see instructions) 11 AMT. Subtract line 10 from line 9. If zero or less, enter -0-. Enter here and on Schedule 2 (Form 1040), line 1 For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 13600G 5 6 7 8 9 10 11 0 Form 6251 (2020)
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Attach Sch. Bif equired. Standard Deduction for- Single or Married Filing separately, 12,400 - Married filing ointly or Qualifying widow(er), 524,800 Head of nousehold, 518,650 - If you checked any box under Standard Deduction, See instructions. 1 Wages, salaries, tips, etc. Attach Form(s) W-2 2a Tax-exempt interest 3a Qualified dividends 4a IRA distributions 5a Pensions and annuities 6a Social security benefits 7 Capital gain or (loss). Amount. 8 Other income from Schedule 1, line 9 9 Add lines 1, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your total income 10 Adjustments to income: a From Schedule 1, line 22 2a 3a 4a 5a 6a b Charitable contributions if you take the standard deduction. See instruction c Add lines 10a and 10b. These are your total adjustments to income 11 Subtract line 10c from line 9. This is your adjusted gross income 12 Standard deduction or itemized deductions (from Schedule A) 13 Qualified business income deduction. Attach Form 8995 or Form 8995-A 14 Add lines 12 and 13 15 Taxable income. Subtract line 14 from line 11. If zero or less, enter -0- For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. b Taxable interest. b Ordinary dividends. b Taxable amount b Taxable amount b Taxable amount 10a 10b Cat. No. 11320B 1 2b 3b 4b 5b 6b 7 8 9 10c 11 12 13 14 15 0 0 0 Form 1040 (2020)
1040 PG 1 Form 1040 Page 1 and 2. Form 1040 (2020) 1040 PG 2 • If you have a qualifying child, attach Sch. EIC 16 Tax (see instructions). Amount. Schedule 1 Schedule 2 1 8814 Schedule 3 17 Amount from Schedule 2, line 3... 18 Add lines 16 and 17. 19 Child tax credit or credit for other dependents 20 Amount from Schedule 3, line 7 21 Add lines 19 and 20 22 Subtract line 21 from line 18. If zero or less, enter -0- 23 Other taxes, including self-employment tax, from Schedule 2, line 10 24 Add lines 22 and 23. This is your total tax 25 Federal income tax withheld from: a Form(s) W-2 b Form(s) 1099 c Other forms (see instructions) d Add lines 25a through 25c 26 2020 estimated tax payments and amount applied from 2019 return. 4972 6251 PG 1 3 25a 25b 25c 16 17 18 19 20 21 22 23 24 25d 26 Page 2 0 0 0 0
27 Earned income credit (EIC) 28 Additional child tax credit. Attach Schedule 8812 29 American opportunity credit from Form 8863, line 8. 30 Recovery rebate credit. See instructions 31 Amount from Schedule 3, line 13 32 Add lines 27 through 31. These are your total other payments and refundable credits 33 Add lines 25d, 26, and 32. These are your total payments Refund 34 If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you overpaid 35a Amount of line 34 you want refunded to you. ▶b Routing number • If you have nontaxable combat pay, see instructions. Direct deposit? See instructions. Amount You Owe For details on how to pay, see instructions. Third Party Designee ▶d Account number 36 Amount of line 34 you want applied to your 2021 estimated tax ▶c Type: 27 28 29 30 31 Do you want to allow another person to discuss this return with the IRS? See instructions Checking Savings 36 37 Subtract line 33 from line 24. This is the amount you owe now Note: 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 38 Estimated tax penalty (see instructions) 38 A Yes. Complete below. 32 33 34 35a 37 No
SCHEDULE 1 (Form 1040) Department of the Treasury Internal Revenue Service Part I 1 2a b 3 Name(s) shown on Form 1040, 1040-SR, or 1040-NR 4 Additional Income and Adjustments to Income 5 6 7 8 Attach to Form 1040, 1040-SR, or 1040-NR. Go to www.irs.gov/Form1040 for instructions and the latest information. Additional Income 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. Amount. OMB No. 1545-0074 2020 Attachment Sequence No. 01 Your social security number 1 2a 3 4 5 6 7 8
Part II 10 11 12 13 1415 16 17 18a b с 19 20 21 22 Adjustments to Income 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 adjustments to income. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 10a For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 71479F 10 11 12 13 14 15 16 17 18a 19 20 21 22 0 Schedule 1 (Form 1040)2020
SCHEDULE 2 (Form 1040) Department of the Treasury Internal Revenue Service Name(s) shown on Form 1040, 1040-SR, or 1040-NR Additional Taxes ► Attach to Form 1040, 1040-SR, or 1040-NR. Go to www.irs.gov/Form1040 for instructions and the latest information. Part I Tax 1 Alternative minimum tax. Attach Form 6251 2 Excess advance premium tax credit repayment. Attach Form 8962 3 Add lines 1 and 2. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 17 Part II Other Taxes 4 Self-employment tax. Attach Schedule SE 5 Unreported social security and Medicare tax from Form: a 4137 b 8919 6 Additional tax on IRAS, other qualified retirement plans, and other tax-favored accounts. Attach Form 5329 if required 7a Household employment taxes. Attach Schedule H b Repayment of first-time homebuyer credit from Form 5405. Attach Form 5405 if required 8 Taxes from: a Form 8959 b Form 8960 c Instructions; enter code(s) 9 Section 965 net tax liability installment from Form 965-A 9 10 Add lines 4 through 8. These are your total other taxes. Enter here and on Form 1040 or 1040-SR, line 23, or Form 1040- NR, line 23b For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 71478U OMB No. 1545-0074 2020 Attachment Sequence No. 02 Your social security number 1 2 3 4 5 6 7a 7b 8 10 0 Schedule 2 (Form 1040) 2020
Part I Nonrefundable Credits 1 Foreign tax credit. Attach Form 1116 if required 2 Credit for child and dependent care expenses. Attach Form 2441 3 Education credits from Form 8863, line 19 4 Retirement savings contributions credit. Attach Form 8880 5 Residential energy credits. Attach Form 5695 6 Other credits from Form: a 3800 b 8801 7 Add lines 1 through 6. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 20 Part II Other Payments and Refundable Credits 8 Net premium tax credit. Attach Form 8962 9 Amount paid with request for extension to file (see instructions) 10 Excess social security and tier 1 RRTA tax withheld 11 Credit for federal tax on fuels. Attach Form 4136 12 Other payments or refundable credits: a Form 2439 b Qualified sick and family leave credits from Schedule(s) H and Form(s) 7202 c Health coverage tax credit from Form 8885 d Other: e Deferral for certain Schedule H or SE filers (see instructions) fAdd lines 12a through 12e 13 Add lines 8 through 12f. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 31 For Paperwork Reduction Act Notice, see your tax return instructions. с 12a 12b 12c 12d 12e Cat. No. 71480G 1 2 3 4 5 6 7 8 9 10 11 0 12f 13 Schedule 3 (Form 1040) 2020
Form 6251 Department of the Treasury Internal Revenue Service (99) Name(s) shown on Form 1040, 1040-SR, or 1040-NR John and Sandy Ferguson Part I Alternative Minimum Tax- Individuals k ► Go to www.irs.gov/Form6251 for instructions and the latest information. Attach to Form 1040, 1040-SR, or 1040-NR. I Alternative Minimum Taxable Income Enter the amount from Form 1040 or 1040-SR, line 15, if more than zero. If Form 1040 or 1040-SR, line 15, is zero, subtract lines 12 and 13 of Form 1040 or 1040-SR from line 11 of Form 1040 or 1040-SR and enter the result here. (If less than zero, enter as a negative amount.) 2 a If filing Schedule A (Form 1040) enter the taxes from Schedule A, line 7; otherwise, enter the amount from Form 1040 or 1040-SR, line 12 (See instructions for how to complete each line.) b Tax refund from Schedule 1 (Form 1040), line 1 or line 8 c Investment interest expense (difference between regular tax and AMT) d Depletion (Difference between regular tax and AMT) e Net operating loss deduction from Schedule 1 (Form 1040), line 8. Enter as a positive amount f Alternative tax net operating loss deduction. g Interest from specified private activity bonds exempt from the regular tax h Qualified small business stock, see instructions i j Exercise of incentive stock options (excess of AMT income over regular tax income) Estates and trusts (amount from Schedule K-1 (Form 1041), box 12, code A) Disposition of property (Difference between AMT and regular tax gain or loss) Depreciation on assets placed in service after 1986 (Difference between regular tax and AMT) OMB No. 1545-0074 2020 Attachment Sequence No. 32 Your social security number 1 2a 2b 2c 2d 2e 2f 2g 2h 2i 2j 2k 21
5 6 7 8 9 10 Part II Exemption. Alternative Minimum Tax (AMT) IF your filing status is... Single or head of household Married filing jointly or qualifying widow(er) AND line 4 is not THEN enter on line over... 5... $ 518,400 $ 1,036,800 Married filling separately 518,400 If line 4 is over the amount shown above for your filing status, see instructions. 72,900 113,400 56,700 Subtract line 5 from line 4. If more than zero, go to line 7. If zero or less, enter -0- here and on lines 7, 9, and 11, and go to line 10 • If you are filing Form 2555, see instructions for the amount to enter. • If you reported capital gain distributions directly on Form 1040 or 1040-SR, line 7; you reported qualified dividends on Form 1040 or 1040-SR, line 3a; or you had a gain on both lines 15 and 16 of Schedule D (Form 1040) (as refigured for the AMT, if necessary), complete Part III on the back and enter the amount from line 40 here. • All others: If line 6 is $197,900 or less ($98,950 or less if married filing separately), multiply line 6 by 26% (0.26). Otherwise, multiply line 6 by 28% (0.28) and subtract $3,958 ($1,979 if married filing separately) from the result Otherwise, multiply line 6 by 28% (0.28) and subtract $3,896 ($1,948 if married filing separately) from the result. Alternative minimum tax foreign tax credit (see instructions) Tentative minimum tax. Subtract line 8 from line 7 Add Form 1040 or 1040-SR, line 16 (minus any tax from Form 4972), and Schedule 2 (Form 1040), line 2. Subtract Subtract from the result any foreign tax credit from Schedule 3 (Form 1040), line 1. If you used Schedule J to figure your tax on Form 1040 or 1040-SR, line 16, refigure that tax without using Schedule J before completing this line (see instructions) 11 AMT. Subtract line 10 from line 9. If zero or less, enter -0-. Enter here and on Schedule 2 (Form 1040), line 1 For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 13600G 5 6 7 8 9 10 11 0 Form 6251 (2020)