2020 Federal Income Tax Form 1040 (Excel)
1. Microsoft Excel spreadsheet for US Federal Income Tax Form 1040
Free Federal Income Tax Form 1040 (Excel Spreadsheed)
Schedule A: Itemized Deductions
• Schedule B: Interest and Ordinary Dividends
• Schedule C: Profit or Loss from Business
• Schedule D: Capital Gains and Losses (along with its worksheet)
• Schedule E: Supplemental Income and Loss
• Schedule F: Profit or Loss from Farming
• Schedule SE: Self-Employment Tax
• Form 1116: Foreign Tax Credit
• Form 2210: Underpayment of Estimated Tax by Individuals, Estates, and Trusts
• Form 2441: Child and Dependent Care Expenses
• Form 2555: Foreign Earned Income
• Form 6251: Alternative Minimum Tax – Individuals
• Form 8283: Noncash Charitable Contributions
• Form 8889: Health Savings Accounts (HSAs)
• Form 8949: Sales and Dispositions of Capital Assets
• Form 8959: Additional Medicare Tax
• Form 8960: Net Investment Income Tax – Individuals, Estates, and Trusts
• Form 8962: Premium Tax Credit (PTC)
The spreadsheet also includes several worksheets:
• Line 10: State and Local Income Tax Refund Worksheet
• Lines 16a and 16b: Simplified Method Worksheet
• Lines 20a and 20b: Social Security Benefits Worksheet
• Line 32: IRA Deduction Worksheet
• Line 33: Student Loan Interest Deduction Worksheet
• Line 40: Standard Deduction Worksheet for Dependents
• Line 42: Deduction for Exemptions Worksheet
• Line 44: Qualified Dividends and Capital Gain Tax Worksheet
• Line 52: Child Tax Credit Worksheet
• Line 66: Earned Income Credit
• Earned Income Calculation
Five additional worksheets complete the tool:
• A disclaimer worksheet that also includes a high-level summary
• A new Instructions worksheet
• W-2 input forms that maintain up to four employers and their spouse
• 1099-INT interest income input forms for up to ten payers
• 1099-DIV dividends and distributions for up to ten payers
• 1099-R retirement input forms for up to nine payers each for a taxpayer and their spouse
• SSA-1099 input form to record Social Security benefits
• An EIC (earned income credit) table
• A tax table
• A change worksheet that records revisions to the spreadsheet
2. Taxvisor Income Tax Planning Spreadsheets
More about 1040 form
Principal Business or Professional Activity Codes for Schedule C (Form 1040 or 1040-SR)