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ANSWER THIS I SWEAR TO GOD I AM GOING TO HAVE THE WHOLE CHEGGS SHUT DOWN! I WANT A REFUND BACK IF THIS IS NOT

ANSWER THIS I SWEAR TO GOD I AM GOING TO HAVE THE WHOLE CHEGGS SHUT DOWN! I WANT A REFUND BACK IF THIS IS NOT ANSWERED!
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my work Derrick and Ani Jones are married taxpayers, filing jointly, and have a son named Jackson They live at 474 Rustic Drive, Spokane, WA 99201 Ani works as the director of information systems at Washington Community College District (WCCD). Derrick is a stay at-home dad. Their SSNs are Derrick, 412-34-5670, Ani, 412-34-5671, and Jackson, 412 34 5672. Their birth dates are as follows Derrick, June 7, 1980, Ani, March 20, 1981, and Jackson, October 10, 2013 The Joneses own their home and paid $15,000 in mortgage interest during the year to Chase Bank and property taxes of $3,200 Assume they have no other deductible expenses. The Form W-2 Ani received from WCCD contained the following information Wages (box 1) - $ 79,202.50 Federal w/H (box 2) - $ 7,000.14 Social security wages (box 3) - $ 79,802.50 Social security WH (box 4) $ 4,898.16 Medicare wages (box 5) $ 79,082.50 Medicare W/H (box 6) $ 1,145.54 In addition, the Joneses own a small four-unit rental at 12345 Rainbow Way, Sultan, WA 98294. The rental was purchased and placed in service on July 1, 2007 and was rented for the entire year. The following income and expense information relates to the rental activity. For the purpose of this return problem, do not consider passive activity rules or limitations. Rental incoce Real estate taxes State sales taxes Utilities Mortgage interest Depreciation Repairs and maintenance $ 24,000 2.000 1,349 1,500 3, Bee 7,200 1,300 Check my work Required: Prepare the Joneses' federal tax return for 2020 Use Form 1040, Schedule A Schedule E, and any other appropriate schedules Assume they do not qualify for any credits other than the child care credit. If using tax software, the software will calculate Child Tax Credit automatically. The taxpayers had qualifying health care coverage at all times during the tax year. For any missing information, make reasonable assumptions. The net rental income qualifies for the 20 percent qualified business income deduction (List the names of the taxpayers in the order in which they appear in the problem. Input all the values as positive numbers. Instructions can be found on certain cells within the forms. Round your final answers to the nearest whole dollar amount. Do not skip rows, while entering in Dependents section of Form 1040 PG1) Use the appropriate Tox Tables or Tax Rate Schedules 1040 for a couple Married Filing Jointly with one dependent. 1040 PG 1 1040 G2 Schedule Schedule Form 1995 Page 1 of Form 1040. Use provided information and follow instructions on form. Form 1040 Department of the Treasury Internal Revenue Service U.S. Individual income Tax Return 2020 OM NO 1545-0014 SUOthy Der Status Single Marned ty Mamed Hinge (MS) head of household Out our 1040 Department of the Treasury - Internal Revenue Service (99) U.S. Individual Income Tax Return 2020 OMB No. 1545-0074 RS Use Only --Do not write or staple in this space Filing Status Single Married filing jointly Married filing separately (MFS) Head of household (HOH) Qualitying widower) (QM) Check only one box If you checked the MFS box, enter the name of your spouse. If you checked the HOH or GW box, enter the child's name if the qualifying person is a child but not your dependent Your first name and middle initial Last name Your social security number #joint return, spouse's first name and middle initial Last name Spouse's social security number to you Home address (number and street). If you have a P.O box, soe instructions, a Apt.no Presidential Election Campaign Check here if you, or your City, town, or post office. If you have a foreign address, also complete spaces below. State ZIP code spouse if filing jointly, want $3 to go to this fund. Checking a box below will not change Foreign country name Foreign province/state/county Foreign postal code your tax or refund. You Spouse At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency? Yes No Standard Someone can claim: You as a dependent Your spouse as a dependent Deduction Spouse itemizes on a separate return or you were a dual-status alien Age/Blindness You: Were born before January 2, 1956 Are blind Spouse: Was born before January 2, 1956 Is blind Dependents (see instructions): (2) Social security (3) Relationship (4) Vit qualifies for (see Instructions: (1) First name If more number Last name Child tax credit Credit for other dependents than four dependents see instructions and check here 1 Wages, salaries, tips, etc. Attach Form(s) W-2 1 Attach 2a Tax-exempt interest 2a 2b Sch. B b Taxable interest 3a Qualified dividends 3a required. b Ordinary dividends 3b 4a IRA distributions. 4a b Taxable amount 4b 5a Pensions and annuities 5a b Taxable amount 5b Standard 6a Social security benefits b Taxable amount. 6b Deduction for 7 Capital gain or loss). Attach Schedule D if required. If not required, check here 7 Single or Married filing 8 Other income from Schedule 1, line 9 8 separately, $12,400 9 Add lines 1, 2, 3, 4, 5, 6, 7, and 8. This is your total income 9 Married filing 10 Adjustments to income: jointly or Qualifying a From Schedule 1, fine 22 10a widower $24.800 10b b Charitable contributions if you take the standard deduction. See instructions Head of c Add lines 10a and 10b. These are your total adjustments to income 10c household $18,650 11 Subtract line 10c from line 9. This is your adjusted gross income 11 If you checked 12 Standard deduction or itemized deductions (from Schedule A) 12 any box under Standard 13 Qualified business income deduction. Attach Form 8995 or Form 8995-A 13 Deduction 14 See Instructions Add lines 12 and 13 14 15 Taxable income. Subtract line 14 from line 11. If zero or less, enter-O- 15 For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cal. No. 113208 Form 1040 2020) XHESURES Sapiental and Los PUTETI Ina Rwanda 2020 Instructions for Schedule E Supplemental Income and Loss . Ben per RIGT SERIE w MP.EE G Future Development We do DER - - 11 What's New Checo OG Od Joint Vent TI om . General Instructions Other Schadeland Forma You May Here To The Gla. Dr. . - De gen TO ca Wall 8995 Qualified Business Income Deduction Simplified Computation 2020 Attach to your return Go to www.rsgovi Formes for instructions and the latest Information You wimbo Department of the Treasury Wewe Service Neum Note. You can claim the qualified business income deduction only if you have qualified business come from a qualified trade or business, real estate investment trust dividends, publicly traded partnership income ora domestic production activities deuction passed through from an agricultural or horticultural cooperative See instructions Use this form if your table income before your quelfed business income deduction, is at or below 5163,300 $325,600 mamed fling Jointy), and you aren't a patron of an agricultural or horticultural cooperative wed 1 + iv V 2 Total qualified business income or foss). Combine the through 1, column (c) 2 3 Qualified business to carry forward from the prior year 3 4 Total qualified business income. Combine lines 2 and 3. zero or less ster- 4 5 Qualified business income component. Multiply line 4 by 20% (0.20 6 Qualified REIT dividends and publicly traded partnership PTP) income or (see instructions 6 7 Qualified REIT dividends and qualified PTP (0) canyforward from the prior year. 7 B Total qualified REIT dividends and PTP ncome. Combine lines 6 and 7.1 2010 or less entero 8 RET and PTP component. Multiply ine 8 by 20% (020) 10 Qunified business income deduction before the income limitation. Add Ines 5 and 9 11 Taxable income before qualfed business income deduction 12 Net capital gain (see instructions 12 13 Subtractine 12 from line 11. If zero or less, enter- 13 14 Income limitation Multiply line 13 by 20% (0.20) 15 Qualified business income deduction Enter the lesser of line 10 or line 14. Also enter this amourt on the applicable line of your retum 16 Total quaited business loss) carryforward. Combine Ines 2 and 3. If greater than oro, erter- 17 Total Qualified REIT dividends and PTP fos carryforward. Combine ines 6 and 7. greater than 2010. arter-o For Privacy Act and Paperwork Reduction Act Notice, so instructions Cat No RC 10 11 14 15 16 17 89960001 2020 Part www. . . 11 . - H BEEEEEE 11 11 21 EEE! my work Derrick and Ani Jones are married taxpayers, filing jointly, and have a son named Jackson They live at 474 Rustic Drive, Spokane, WA 99201 Ani works as the director of information systems at Washington Community College District (WCCD). Derrick is a stay at-home dad. Their SSNs are Derrick, 412-34-5670, Ani, 412-34-5671, and Jackson, 412 34 5672. Their birth dates are as follows Derrick, June 7, 1980, Ani, March 20, 1981, and Jackson, October 10, 2013 The Joneses own their home and paid $15,000 in mortgage interest during the year to Chase Bank and property taxes of $3,200 Assume they have no other deductible expenses. The Form W-2 Ani received from WCCD contained the following information Wages (box 1) - $ 79,202.50 Federal w/H (box 2) - $ 7,000.14 Social security wages (box 3) - $ 79,802.50 Social security WH (box 4) $ 4,898.16 Medicare wages (box 5) $ 79,082.50 Medicare W/H (box 6) $ 1,145.54 In addition, the Joneses own a small four-unit rental at 12345 Rainbow Way, Sultan, WA 98294. The rental was purchased and placed in service on July 1, 2007 and was rented for the entire year. The following income and expense information relates to the rental activity. For the purpose of this return problem, do not consider passive activity rules or limitations. Rental incoce Real estate taxes State sales taxes Utilities Mortgage interest Depreciation Repairs and maintenance $ 24,000 2.000 1,349 1,500 3, Bee 7,200 1,300 Check my work Required: Prepare the Joneses' federal tax return for 2020 Use Form 1040, Schedule A Schedule E, and any other appropriate schedules Assume they do not qualify for any credits other than the child care credit. If using tax software, the software will calculate Child Tax Credit automatically. The taxpayers had qualifying health care coverage at all times during the tax year. For any missing information, make reasonable assumptions. The net rental income qualifies for the 20 percent qualified business income deduction (List the names of the taxpayers in the order in which they appear in the problem. Input all the values as positive numbers. Instructions can be found on certain cells within the forms. Round your final answers to the nearest whole dollar amount. Do not skip rows, while entering in Dependents section of Form 1040 PG1) Use the appropriate Tox Tables or Tax Rate Schedules 1040 for a couple Married Filing Jointly with one dependent. 1040 PG 1 1040 G2 Schedule Schedule Form 1995 Page 1 of Form 1040. Use provided information and follow instructions on form. Form 1040 Department of the Treasury Internal Revenue Service U.S. Individual income Tax Return 2020 OM NO 1545-0014 SUOthy Der Status Single Marned ty Mamed Hinge (MS) head of household Out our 1040 Department of the Treasury - Internal Revenue Service (99) U.S. Individual Income Tax Return 2020 OMB No. 1545-0074 RS Use Only --Do not write or staple in this space Filing Status Single Married filing jointly Married filing separately (MFS) Head of household (HOH) Qualitying widower) (QM) Check only one box If you checked the MFS box, enter the name of your spouse. If you checked the HOH or GW box, enter the child's name if the qualifying person is a child but not your dependent Your first name and middle initial Last name Your social security number #joint return, spouse's first name and middle initial Last name Spouse's social security number to you Home address (number and street). If you have a P.O box, soe instructions, a Apt.no Presidential Election Campaign Check here if you, or your City, town, or post office. If you have a foreign address, also complete spaces below. State ZIP code spouse if filing jointly, want $3 to go to this fund. Checking a box below will not change Foreign country name Foreign province/state/county Foreign postal code your tax or refund. You Spouse At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency? Yes No Standard Someone can claim: You as a dependent Your spouse as a dependent Deduction Spouse itemizes on a separate return or you were a dual-status alien Age/Blindness You: Were born before January 2, 1956 Are blind Spouse: Was born before January 2, 1956 Is blind Dependents (see instructions): (2) Social security (3) Relationship (4) Vit qualifies for (see Instructions: (1) First name If more number Last name Child tax credit Credit for other dependents than four dependents see instructions and check here 1 Wages, salaries, tips, etc. Attach Form(s) W-2 1 Attach 2a Tax-exempt interest 2a 2b Sch. B b Taxable interest 3a Qualified dividends 3a required. b Ordinary dividends 3b 4a IRA distributions. 4a b Taxable amount 4b 5a Pensions and annuities 5a b Taxable amount 5b Standard 6a Social security benefits b Taxable amount. 6b Deduction for 7 Capital gain or loss). Attach Schedule D if required. If not required, check here 7 Single or Married filing 8 Other income from Schedule 1, line 9 8 separately, $12,400 9 Add lines 1, 2, 3, 4, 5, 6, 7, and 8. This is your total income 9 Married filing 10 Adjustments to income: jointly or Qualifying a From Schedule 1, fine 22 10a widower $24.800 10b b Charitable contributions if you take the standard deduction. See instructions Head of c Add lines 10a and 10b. These are your total adjustments to income 10c household $18,650 11 Subtract line 10c from line 9. This is your adjusted gross income 11 If you checked 12 Standard deduction or itemized deductions (from Schedule A) 12 any box under Standard 13 Qualified business income deduction. Attach Form 8995 or Form 8995-A 13 Deduction 14 See Instructions Add lines 12 and 13 14 15 Taxable income. Subtract line 14 from line 11. If zero or less, enter-O- 15 For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cal. No. 113208 Form 1040 2020) XHESURES Sapiental and Los PUTETI Ina Rwanda 2020 Instructions for Schedule E Supplemental Income and Loss . Ben per RIGT SERIE w MP.EE G Future Development We do DER - - 11 What's New Checo OG Od Joint Vent TI om . General Instructions Other Schadeland Forma You May Here To The Gla. Dr. . - De gen TO ca Wall 8995 Qualified Business Income Deduction Simplified Computation 2020 Attach to your return Go to www.rsgovi Formes for instructions and the latest Information You wimbo Department of the Treasury Wewe Service Neum Note. You can claim the qualified business income deduction only if you have qualified business come from a qualified trade or business, real estate investment trust dividends, publicly traded partnership income ora domestic production activities deuction passed through from an agricultural or horticultural cooperative See instructions Use this form if your table income before your quelfed business income deduction, is at or below 5163,300 $325,600 mamed fling Jointy), and you aren't a patron of an agricultural or horticultural cooperative wed 1 + iv V 2 Total qualified business income or foss). Combine the through 1, column (c) 2 3 Qualified business to carry forward from the prior year 3 4 Total qualified business income. Combine lines 2 and 3. zero or less ster- 4 5 Qualified business income component. Multiply line 4 by 20% (0.20 6 Qualified REIT dividends and publicly traded partnership PTP) income or (see instructions 6 7 Qualified REIT dividends and qualified PTP (0) canyforward from the prior year. 7 B Total qualified REIT dividends and PTP ncome. Combine lines 6 and 7.1 2010 or less entero 8 RET and PTP component. Multiply ine 8 by 20% (020) 10 Qunified business income deduction before the income limitation. Add Ines 5 and 9 11 Taxable income before qualfed business income deduction 12 Net capital gain (see instructions 12 13 Subtractine 12 from line 11. If zero or less, enter- 13 14 Income limitation Multiply line 13 by 20% (0.20) 15 Qualified business income deduction Enter the lesser of line 10 or line 14. Also enter this amourt on the applicable line of your retum 16 Total quaited business loss) carryforward. Combine Ines 2 and 3. If greater than oro, erter- 17 Total Qualified REIT dividends and PTP fos carryforward. Combine ines 6 and 7. greater than 2010. arter-o For Privacy Act and Paperwork Reduction Act Notice, so instructions Cat No RC 10 11 14 15 16 17 89960001 2020 Part www. . . 11 . - H BEEEEEE 11 11 21 EEE

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