Alfred E. Old and Beulah A. Crane, each age 42, married on September 7, 2016. Alfred and Beulah will file a joint return for 2018. Alfred's Social Security number is 111-11-1112. Beulah's Social Security number is 123-45-6789, and she adopted "Old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304.

Alfred was divorced from Sarah Old in March 2016. Under the divorce agreement, Alfred is to pay Sarah $1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15,000 in 2018. In addition, in January 2018, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788.

Alfred's salary for 2018 is $150,000, and his employer, Cherry, Inc. (Federal I.D. No. 98-7654321), provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes.

Beulah recently graduated from law school and is employed by Legal Aid Society, Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives a salary of $42,000 in 2018. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes.

Beulah has $500 in qualified dividends on Yellow Corporation stock she inherited. Alfred and Beulah receive a $1,900 refund on their 2017 state income taxes. They itemized deductions on their 2017 Federal income tax return (total of $15,000). Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2018. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Both spouses had health insurance for all months of 2018 and do not want to contribute to the Presidential Election Campaign.

Schedule A Information Provide the following that would be reported on Alfred and Beulah's Schedule A: 1. Calculate the deduction allowed for medical and dental expenses. 2. Calculate the deduction for taxes. 3. Calculate the deduction for interest. 4. Calculate the charitable deduction allowed. 5. Calculate total itemized deductions Schedule B Information Provide the following that would be reputed on Alfred and Beulah's Schedule B: 1. Determine the amount reported as interest amount: 2. Determine the amount reported as ordinary dividends: Uniform Prerriurns for Group Term Life Insurance Click here to view the Exhibit for Uniform Premiums for $1,000 of Group Term Life Insurance Protection 2018 Tax Rate Schedules 2018 Tax Rate Schedules Use the 2016 Tax Rate Schedules to compute the tax. Form 104.1 Information Provide the following that would be reported on Alfred and Beulah's Form 1040: 1. Filing status: The taxpayers' filing status: 2. Calculate texable gross income. 3. Calculate the total adjustments for AGI. 4. Calculate adjusted gross income. 5. Calculate the greater of the standard reduction or itemized decuctions. 6. Calculate total taxable income. 7. Calculate the income tax liability 8. Calculate the total tax credits available. 9. Calculate total withholding and tax payments. 10. Calculate the amount overpaid (refund): 11. Calculate the amount of taxes owed: Schedule A Information Provide the following that would be reported on Alfred and Beulah's Schedule A