fill out a 2019 1040 tax form.
and Susan was born May 5, 1991. Marvin and Susan filed a joint tax return. They have the following dependents: During 2019 the Carvins' furnished over half of the total support of each of the following individuals. Make-up SS #s for dependents: a. Marcus Carvin, son who is 8 years old. b. Perdita Carvin, daughter who is 10 years old. Marvin is a salesman and earned a salary of $100,000 in 2019. make up Susan owns a law practice called Jaguar Legal Services. The business is operated as a sole proprietorship. The business has the following revenues and expenses: Fee Revenue $150,000 Expenses: Rent 23,000 Parking Citations 500 Insurance 5,000 Utilities 3,000 Legal Software Subscription 5,000 Bribes paid to local government officials 5,000 Office supplies 3,000 addrez, for business Jaguar Legal Services placed the following items in service for 100% business use in the business. 1. Office building costing $200,000 was placed in service on January 1. The land associated with the building is valued at $50,000. r 2. Computers costing $5,000 was placed in service on June 1. Immediate expensing under section 179 was not elected. The additional first-year depreciation was taken 3 Office furniture costing $6,000 was placed in service on May 1. Immediate expensing under section 179 was not elected. Marvin and Susan had Other Income in 2019 as follows: B Interest on bond issued by the city of Huntsville Interest on bond issued by the city of Conroe Ordinary dividends received from Jaguar Instruments Interest received from Bearcat Credit Union $1,000 $5,000 $ 600 $ 900 a 12,000+ - Carlare $ 30,000 Collections on Annuity from Great American Susan was awarded proceeds of pertaining to a lawsuit relating to physical injuries received is an automobile accident. Marvin was awarded proceeds for a lawsuit pertaining to defamation of character. Sant no $ 5,000 *The Carvins paid $100,000 for the annuity and expect to receive a total of 180 monthly payments of $ 1,000 each Investments: The Carvins purchased 100 shares of Wildcat Corporation stock for $5,000 on February 1, 2019 and sold it for $ 10,000 on August 1, 2019. The Carvins purchased 100 shares of Owl Corporation stock for $ 5,000 on June 1, 2019 and sold it for $3,000 on December 31, 2019. Rental Property The Carvins' own a residential home in Florida which was leased for the entire year. The address of the property is 1234 Charger Way, Jacksonville, Florida 32217 Information pertaining to the property is listed below: Lease payments received during the year $ 25,000 Mortgage interest S 8,000 Real estate taxes $ 4,000 Property Insurance $ 800 Repairs $ 4,000 The home has been fully depreciated for tax purposes. Therefore, there is no depreciation deduction pertaining to the property. After School Care The Carvins paid $12,000 to the Switzerland Point Childcare Center which provided before and after school care for the couple two children Switzerland Point Childcare employer identification number is 58-6777789. The childcare is located at 231 St. Johns Avenue, Huntsville, Texas 77341. $5,000 $ 6,000 $ 4,000 Marvin and Susan other expenditures for 2019 are as follows: Real estate taxes Home Mortgage Interest Cash Donations to the Osprey Cancer Society (Tax-exempt Organization) Cash Donations to the Sweetwater Baptist Church Medical expenses paid Texas Sales Tax paid rede 3 $10,000 $30,000 $ 2,000 R V Federal Income Taxes Withheld from Marvin 2019 Salaries Estimated income taxes Paid by Susan $16,000 $25,000 and Susan was born May 5, 1991. Marvin and Susan filed a joint tax return. They have the following dependents: During 2019 the Carvins' furnished over half of the total support of each of the following individuals. Make-up SS #s for dependents: a. Marcus Carvin, son who is 8 years old. b. Perdita Carvin, daughter who is 10 years old. Marvin is a salesman and earned a salary of $100,000 in 2019. make up Susan owns a law practice called Jaguar Legal Services. The business is operated as a sole proprietorship. The business has the following revenues and expenses: Fee Revenue $150,000 Expenses: Rent 23,000 Parking Citations 500 Insurance 5,000 Utilities 3,000 Legal Software Subscription 5,000 Bribes paid to local government officials 5,000 Office supplies 3,000 addrez, for business Jaguar Legal Services placed the following items in service for 100% business use in the business. 1. Office building costing $200,000 was placed in service on January 1. The land associated with the building is valued at $50,000. r 2. Computers costing $5,000 was placed in service on June 1. Immediate expensing under section 179 was not elected. The additional first-year depreciation was taken 3 Office furniture costing $6,000 was placed in service on May 1. Immediate expensing under section 179 was not elected. Marvin and Susan had Other Income in 2019 as follows: B Interest on bond issued by the city of Huntsville Interest on bond issued by the city of Conroe Ordinary dividends received from Jaguar Instruments Interest received from Bearcat Credit Union $1,000 $5,000 $ 600 $ 900 a 12,000+ - Carlare $ 30,000 Collections on Annuity from Great American Susan was awarded proceeds of pertaining to a lawsuit relating to physical injuries received is an automobile accident. Marvin was awarded proceeds for a lawsuit pertaining to defamation of character. Sant no $ 5,000 *The Carvins paid $100,000 for the annuity and expect to receive a total of 180 monthly payments of $ 1,000 each Investments: The Carvins purchased 100 shares of Wildcat Corporation stock for $5,000 on February 1, 2019 and sold it for $ 10,000 on August 1, 2019. The Carvins purchased 100 shares of Owl Corporation stock for $ 5,000 on June 1, 2019 and sold it for $3,000 on December 31, 2019. Rental Property The Carvins' own a residential home in Florida which was leased for the entire year. The address of the property is 1234 Charger Way, Jacksonville, Florida 32217 Information pertaining to the property is listed below: Lease payments received during the year $ 25,000 Mortgage interest S 8,000 Real estate taxes $ 4,000 Property Insurance $ 800 Repairs $ 4,000 The home has been fully depreciated for tax purposes. Therefore, there is no depreciation deduction pertaining to the property. After School Care The Carvins paid $12,000 to the Switzerland Point Childcare Center which provided before and after school care for the couple two children Switzerland Point Childcare employer identification number is 58-6777789. The childcare is located at 231 St. Johns Avenue, Huntsville, Texas 77341. $5,000 $ 6,000 $ 4,000 Marvin and Susan other expenditures for 2019 are as follows: Real estate taxes Home Mortgage Interest Cash Donations to the Osprey Cancer Society (Tax-exempt Organization) Cash Donations to the Sweetwater Baptist Church Medical expenses paid Texas Sales Tax paid rede 3 $10,000 $30,000 $ 2,000 R V Federal Income Taxes Withheld from Marvin 2019 Salaries Estimated income taxes Paid by Susan $16,000 $25,000