Page 6 - 2020 Publication 17

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The type and rule above prints on all proofs including departmental reproduction proofs. MUST be removed before printing.
Roth IRA contribution limit is re-
$214,520 and is completely Extended due dates for estima- if you were impacted by certain 14:38 - 19-Jan-2021
phased out if your MAGI is ted tax payments. The due date federally declared disasters. For duced. For more information, see
$254,520 or more. for filing estimated tax forms and more information on this election, chapter 9.
Identity Protection Personal paying estimated taxes has been see the Instructions for Schedule Estimated tax payments now re-
Identification Numbers (IP postponed to July 15, 2020. 8812.
PINs). New IP PINs are generated Change in tax rates. Recent leg- Contribution deadline exten- ported on line 26. In 2019, esti-
mated tax payments and any
every year. This year, they will gen- islation modified the tax rates and sion. The 2019 traditional and
erally be sent out by mid-January brackets used to figure the tax on Roth IRA contribution deadline was amount applied from your previous
year’s return were reported on
2021. Use this IP PIN on your 2020 2020 unearned income for certain extended to July 15, 2020.
return as well as any prior-year re- children. See the Instructions for Modified AGI limit for traditional Schedule 3 (Form 1040), line 8. In
2020, these payments will be re-
turns you file in 2021. Form 8615 or Pub. 929 for more in- IRA contributions. For 2020, if
Tuition and fees. The tuition and formation. you are covered by a retirement ported on Form 1040 or 1040-SR,
line 26.
fees deduction is extended for plan at work, your deduction for
qualified tuition and fees paid in Disaster tax relief. Recent legis- contributions to a traditional IRA is
calendar years 2018, 2019, and lation extended to 2020 (and retro- reduced. For more information, see
2020. Don’t claim the deduction for actively to 2019) an election to use chapter 9.
expenses paid after 2020 unless prior year earned income when fig- Modified AGI limit for Roth IRA
the credit is extended again. uring the additional child tax credit contributions. For 2020, your
2020 Publication 17 Changes

Note. This publication does not cover the topics listed in the following table. Please see the primary publication.
Chapter Removed Title of Chapter Primary Publication
6 Tip Income Pub. 531, Reporting Tip Income
8 Dividends and Other Distributions Pub. 550, Investment Income and
Expenses
9 Rental Income and Expenses Pub. 527, Residential Rental Property
(Including Rental of Vacation Homes)
10 Retirement Plans, Pensions, and Annuities Pub. 575, Pension and Annuity Income
13 Basis of Property Pub. 551, Basis of Assets
14 Sale of Property Pub. 550
15 Selling Your Home Pub. 523, Selling Your Home
16 Reporting Gains and Losses Pub. 550
18 Alimony Pub. 504, Divorced or Separated
Individuals
19 Education-Related Adjustments Pub. 970, Tax Benefits for Education
20 Other Adjustments to Income Pub. 463, Travel, Gift, and Car Expenses
22 Medical and Dental Expenses Pub. 502, Medical and Dental Expenses
24 Interest Expense Pub. 550
Pub. 936, Home Mortgage Interest
Deduction
25 Charitable Contributions Pub. 561, Determining the Value of
Donated Property
Pub. 526, Charitable Contributions
26 Nonbusiness Casualty and Theft Losses Pub. 547, Casualties, Disasters, and Thefts
29 Tax on Unearned Income of Certain Minor Pub. 929, Tax Rules for Children and
Children Dependents
30 Child and Dependent Care Credit Pub. 503, Child and Dependent Care
Expenses
31 Credit for the Elderly or the Disabled Pub. 524, Credit for the Elderly or the
Disabled
33 Education Credits Pub. 970, Tax Benefits for Education
34 Earned Income Credit (EIC) Pub. 596, Earned Income Credit (EIC)
35 Premium Tax Credit Pub. 974, Premium Tax Credit (PTC)
36 Other Credits

Page 2 Publication 17 (2020)