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15. William and Elizabeth incurred and paid the following personal expenses during 2019: Taxes: Sales tax rate (State 6.25%; Local 2.00%) . . . 8.25%

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15. William and Elizabeth incurred and paid the following personal expenses during 2019: Taxes: Sales tax rate (State 6.25%; Local 2.00%) . . . 8.25% Real estate property tax on home (reported by State Street Bank on Form 1098 - see interest, below) . . . . . . . . . . . . . . 7,904 Interest: Mortgage used to purchase home (principal balance $400,000; origination date June 10, 2010; reported by State Street Bank on Form 1098 - see taxes, above) . . .. . . . . 14,600 Margin account with TD Ameritrade (investment interest expense) . . . . . 1,400 16. William and Elizabeth contracted with Little Tykes Child Care Service to care for Kristi and Keri, while they were at work. Little Tykes was paid $3,200 for the care of Kristi and $6,000 for the care of Keri. Little Tykes is located at 7112 Glenview Avenue, Houston, Texas 77069 (EIN 45-6159819; phone number 713-480-6666). Care for Kristi and Keri was provided at the Little Tykes' location. 17. William and Elizabeth made timely estimated Federal income tax payment of $15,200 for the year ($3,800 each quarter on April 17, June 15, September 17, 2019 and January 15, 2020) 18. If preparing the return with TaxAct Professional 2019 or similar professional tax preparation software, complete form 8867 ( Paid Preparer's Due Diligence Checklist). Assume you have interviewed William and Elizabeth and asked the appropriate questions and obtained appropriate documentation to support the income, deductions, and credits claimed on the return, including the couple's filing status. 19. If you are using ProSeries 2019, please select "non-paid preparer" on part V (Return Preparer and Third Party Designee Information) of the Information Worksheet. This will eliminate error messages regarding the preparer and preparer's code, as well as avoid messages regarding form 8867 (Paid Preparer's Due Diligence Checklist). 20. If you are using ProSeries 2019, please do not attempt to change the Preparer Name, To

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