For the first five months of the year, Jose was employed by Mountain Mortgage Company. The Form W-2 from Mountain Mortgage contained Information in the following boxes: Wages (box 1) = $35,028.52 Federal W/H (box 2) = $ 3,746.89 Social security wages (box 3) = $35,028.52 Social security W/H (box 4) = $ 2,171.77 Medicare wages (box 5) = $35,028.52 Medicare W/H (box 6) = $ 507.91 Jose was laid off from his job at Mountain Mortgage and was unemployed for three months. He received $1,000 of unemployment Insurance payments. The Form 1099-G Jose received from the state of Colorado contained $1,000 of unemployment compensation in box 1 and $100 of federal Income tax withholding in box 4. During the last four months of the year, Jose was employed by First Mountain Bank In Denver. The Form W-2 Jose received from the bank contained Information in the following boxes: Wages (box 1) = $17,820.20 Federal W/H (box 2) = $ 1,767.89 Social security wages (box 3) = $17,820.20 Social security W/H (box 4) = $ 1,184.85 Medicare wages (box 5) = $17,820.20 Medicare W/H (box 6) = $ 258.39 Maria was employed the entire year by Blue Sky Properties in Denver. The Form W-2 Maria received from Blue Sky contained Information in the following boxes: Wages (box 1) - $52,455.05 Federal W/H (box 2) = $ 4,786.82 Social security wages (box 3) = $52,455.05 Social security W/H (box 4) = $ 3,252.21 Medicare wages (box 5) = $52,455.65 Medicare W/H (box 6) = $ 768.60 The Suarezes also received two Forms 1099-INT showing Interest they received on two savings accounts. One Form 1099-INT, from the First National Bank of Northeastern Denver, showed Interest Income of $59.36 In box 1. The other Form 1099-INT, from Second National Bank of Northwestern Denver, showed Interest Income of $82.45 In box 1. Jose and Maria had qualifying health care coverage at all times during the tax year. Required: Prepare a Form 1040 for Mr. and Mrs. Suarez. (List the names of the taxpayers in the order in which they appear in the problem. Input all the values as positive numbers. Do not round Intermediate computations. Round your final answers to the nearest whole dollar amount.) Page 2 of Form 1040. Some information does not carry over from Page 1. Form 1040 (2019) Page 2 12b 13b 14 15 18 0 17 - If you have a qualifying child attach Sch. EIC . If you have nontaxable combat pay, see instructions 12a Tax (see inst.) Check if any from Form(s): (1) 8814 (2) 4072 12a b Add Schedule 2, line 3, and line 12a and enter the total 13a Child tax credit or credit for other dependents 13a b Add Schedule 3, line 7, and line 13a and enter the total 14 Subtract line 13b from line 12b. If zero or less, enter-O- 15 Other taxes, including self-employment tax, from Schedule 2, line 10 18 Add lines 14 and 15. This is your total tax 17 Federal income tax withheld from Forms W-2 and 1099 18 Other payments and refundable credits: a Earned income credit (EIC) 18a b Additional child tax credit. Attach Schedule 8812 18b c American opportunity credit from Form 8863, line 8 18c d Schedule 3, line 14 18d e Add lines 18a through 18d. These are your total other payments and refundable credits 19 Add lines 17 and 18e. These are your total payments 20 If line 19 is more than line 16. subtract line 18 from line 19. This is the amount you overpaid 21a Amount of line 20 you want refunded to you. If Form 8888 is attached, check here Routing number Type: Checking Savings Account number 22 Amount of line 20 you want applied to your 2020 estimated tax 22 23 Amount you owe. Subtract line 19 from line 18. For details on how to pay, see instructions 24 Estimated tax penalty (see instructions) 24 Do you want to allow another person (other than your paid preparer) to discuss this return with the IRS? See instructions. 18e 19 20 Refund 21a Direct deposit? See instructions 23 Yes. Complete below. No Amount You Owe Third Party Designee (Other than paid preparer Sign Here Designee's Phone Personal identification name . number (PIN) Under penalties of perjury. I declare that I have examined this retum and accompanying schedules and statements, and to the best of my knowledge and belief. they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. If the IRS sent you an identity Your signature Date Your occupation Protection PIN, enter it here (see inst.) If the IRS sent your spouse an Spouse's signature. If a joint return, both must sign. Date Spouse's occupation Identity Protection PIN, enter it here (see inst.) Joint return? See instructions Keep a copy for your records Phone no Email address Preparer's name Preparer's signature Date PTIN Check it: Paid Preparer Use Only 3rd Party Designee Self-employed Firm's name Phone no. Firm's address Firm's EIN Ann Schedule 1 of Form 1040. OMB No. 1545-0074 SCHEDULE 1 (Form 1040 or 1040-SR) Additional Income and Adjustments to Income 2019 Attachment Sequence No. 01 Your social security number 412-34-5670 1 2a Department of the Treasury Attach to Form 1040 or 1040-SR. Internal Revenue Service Go to www.irs.gov/Form 1040 for instructions and the latest information. Name(s) shown on Form 1040 or 1040-SR Jose Suarez and Maria Maria Part 1 Additional Income 1 Taxable refunds, credits, or offsets of state and local income taxes 2a Alimony received Date of original divorce or separation agreement (see instructions) 3 Business income or loss). Attach Schedule Other gains or losses). Attach Form 4797 5 Rental real estate, royalties, partnerships, Scorporations, trusts, etc. Attach Schedule E Farm income or loss). Attach Schedule F 7 Unemployment compensation 8 Other income. List type and amount b 4 4 5 6 6 7 8 9 9 Part II 10 Combine lines 1 through 8. Enter here and on Form 1040 or 1040-SR line 7a Additional Income Educator expenses 10 11 ment officials. Attach Form 2108 11 12 12 13 13 14 14 15 15 16 16 17 Certain business expenses of reservists, performing artists, and fee-basis gou Health savings account deduction. Attach Form 8889 Moving expenses for members of the Armed Forces. Attach Form 3903 Deductible part of self-employment tax. Attach Schedule SE Self-employed SEP, SIMPLE, and qualified plans Self-employed health insurance deduction Penalty on early withdrawal of savings Alimony paid Recipient's SSN Date of original divorce or separation agreement (see instructions) IRA deduction Student loan interest deduction Reserved for future use 17 18a 18a b 19 19 20 20 21 21 22 Add lines 10 through 21. These are your adjustments to income. Enter here and on Form 1040 or 1040-SR, line 8a 22 For the first five months of the year, Jose was employed by Mountain Mortgage Company. The Form W-2 from Mountain Mortgage contained Information in the following boxes: Wages (box 1) = $35,028.52 Federal W/H (box 2) = $ 3,746.89 Social security wages (box 3) = $35,028.52 Social security W/H (box 4) = $ 2,171.77 Medicare wages (box 5) = $35,028.52 Medicare W/H (box 6) = $ 507.91 Jose was laid off from his job at Mountain Mortgage and was unemployed for three months. He received $1,000 of unemployment Insurance payments. The Form 1099-G Jose received from the state of Colorado contained $1,000 of unemployment compensation in box 1 and $100 of federal Income tax withholding in box 4. During the last four months of the year, Jose was employed by First Mountain Bank In Denver. The Form W-2 Jose received from the bank contained Information in the following boxes: Wages (box 1) = $17,820.20 Federal W/H (box 2) = $ 1,767.89 Social security wages (box 3) = $17,820.20 Social security W/H (box 4) = $ 1,184.85 Medicare wages (box 5) = $17,820.20 Medicare W/H (box 6) = $ 258.39 Maria was employed the entire year by Blue Sky Properties in Denver. The Form W-2 Maria received from Blue Sky contained Information in the following boxes: Wages (box 1) - $52,455.05 Federal W/H (box 2) = $ 4,786.82 Social security wages (box 3) = $52,455.05 Social security W/H (box 4) = $ 3,252.21 Medicare wages (box 5) = $52,455.65 Medicare W/H (box 6) = $ 768.60 The Suarezes also received two Forms 1099-INT showing Interest they received on two savings accounts. One Form 1099-INT, from the First National Bank of Northeastern Denver, showed Interest Income of $59.36 In box 1. The other Form 1099-INT, from Second National Bank of Northwestern Denver, showed Interest Income of $82.45 In box 1. Jose and Maria had qualifying health care coverage at all times during the tax year. Required: Prepare a Form 1040 for Mr. and Mrs. Suarez. (List the names of the taxpayers in the order in which they appear in the problem. Input all the values as positive numbers. Do not round Intermediate computations. Round your final answers to the nearest whole dollar amount.) Page 2 of Form 1040. Some information does not carry over from Page 1. Form 1040 (2019) Page 2 12b 13b 14 15 18 0 17 - If you have a qualifying child attach Sch. EIC . If you have nontaxable combat pay, see instructions 12a Tax (see inst.) Check if any from Form(s): (1) 8814 (2) 4072 12a b Add Schedule 2, line 3, and line 12a and enter the total 13a Child tax credit or credit for other dependents 13a b Add Schedule 3, line 7, and line 13a and enter the total 14 Subtract line 13b from line 12b. If zero or less, enter-O- 15 Other taxes, including self-employment tax, from Schedule 2, line 10 18 Add lines 14 and 15. This is your total tax 17 Federal income tax withheld from Forms W-2 and 1099 18 Other payments and refundable credits: a Earned income credit (EIC) 18a b Additional child tax credit. Attach Schedule 8812 18b c American opportunity credit from Form 8863, line 8 18c d Schedule 3, line 14 18d e Add lines 18a through 18d. These are your total other payments and refundable credits 19 Add lines 17 and 18e. These are your total payments 20 If line 19 is more than line 16. subtract line 18 from line 19. This is the amount you overpaid 21a Amount of line 20 you want refunded to you. If Form 8888 is attached, check here Routing number Type: Checking Savings Account number 22 Amount of line 20 you want applied to your 2020 estimated tax 22 23 Amount you owe. Subtract line 19 from line 18. For details on how to pay, see instructions 24 Estimated tax penalty (see instructions) 24 Do you want to allow another person (other than your paid preparer) to discuss this return with the IRS? See instructions. 18e 19 20 Refund 21a Direct deposit? See instructions 23 Yes. Complete below. No Amount You Owe Third Party Designee (Other than paid preparer Sign Here Designee's Phone Personal identification name . number (PIN) Under penalties of perjury. I declare that I have examined this retum and accompanying schedules and statements, and to the best of my knowledge and belief. they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. If the IRS sent you an identity Your signature Date Your occupation Protection PIN, enter it here (see inst.) If the IRS sent your spouse an Spouse's signature. If a joint return, both must sign. Date Spouse's occupation Identity Protection PIN, enter it here (see inst.) Joint return? See instructions Keep a copy for your records Phone no Email address Preparer's name Preparer's signature Date PTIN Check it: Paid Preparer Use Only 3rd Party Designee Self-employed Firm's name Phone no. Firm's address Firm's EIN Ann Schedule 1 of Form 1040. OMB No. 1545-0074 SCHEDULE 1 (Form 1040 or 1040-SR) Additional Income and Adjustments to Income 2019 Attachment Sequence No. 01 Your social security number 412-34-5670 1 2a Department of the Treasury Attach to Form 1040 or 1040-SR. Internal Revenue Service Go to www.irs.gov/Form 1040 for instructions and the latest information. Name(s) shown on Form 1040 or 1040-SR Jose Suarez and Maria Maria Part 1 Additional Income 1 Taxable refunds, credits, or offsets of state and local income taxes 2a Alimony received Date of original divorce or separation agreement (see instructions) 3 Business income or loss). Attach Schedule Other gains or losses). Attach Form 4797 5 Rental real estate, royalties, partnerships, Scorporations, trusts, etc. Attach Schedule E Farm income or loss). Attach Schedule F 7 Unemployment compensation 8 Other income. List type and amount b 4 4 5 6 6 7 8 9 9 Part II 10 Combine lines 1 through 8. Enter here and on Form 1040 or 1040-SR line 7a Additional Income Educator expenses 10 11 ment officials. Attach Form 2108 11 12 12 13 13 14 14 15 15 16 16 17 Certain business expenses of reservists, performing artists, and fee-basis gou Health savings account deduction. Attach Form 8889 Moving expenses for members of the Armed Forces. Attach Form 3903 Deductible part of self-employment tax. Attach Schedule SE Self-employed SEP, SIMPLE, and qualified plans Self-employed health insurance deduction Penalty on early withdrawal of savings Alimony paid Recipient's SSN Date of original divorce or separation agreement (see instructions) IRA deduction Student loan interest deduction Reserved for future use 17 18a 18a b 19 19 20 20 21 21 22 Add lines 10 through 21. These are your adjustments to income. Enter here and on Form 1040 or 1040-SR, line 8a 22