![]() One thing that jumps out immediately is that the trusty "Federal income tax withheld from Forms W-" line has been divided into separate lines for withholding for Forms W-2, 1099, and "other." This suggests an increased level of scrutiny for the self-employed and gig workers (I could be wrong). ![]() Tax, Credits, and Deductions. Page two of your Form 1040 - where you figure your tax, withholding, and what you actually owe (or are due a refund) is where many changes are for 2020. We'll just have to get used to yet another line number for taxable income (tentatively line 15). ![]() Income items. Outside of the adjustments to income, there isn't much difference in income reconciliation.
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