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GIVEN THE INFORMATION BELLOW CAN YOU HELP ME FILL OUT THIS CHART. PLEASE NO EXAMPLES. I HAVE SEEN MANY AND READ THE CHAPTER BUT MY

GIVEN THE INFORMATION BELLOW CAN YOU HELP ME FILL OUT THIS CHART. PLEASE NO EXAMPLES. I HAVE SEEN MANY AND READ THE CHAPTER BUT MY VALUES ARE WRONG. CAN YOU HELP ME FILL OUT THE INFORMATION BELOW

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PLEASE NO EXAMPLES BUT CAN YOU HELP FILL OUT THIS CHART THAT'S POSTED

Diana and Ryan Workman were married on January 1 last year. Diana has an eight-year-old son, Jorge, from her previous marriage. Ryan works as a computer programmer at Datafile Incorporated (DI) earning a salary of $103,500. Diana is self-employed and runs a day care center. The Workmans reported the following financial information pertaining to their activities during the current year. a. Ryan earned a $103,500 salary for the year. b. Ryan borrowed $13,500 from Dl to purchase a car. Di charged him 2 percent interest ($270) on the loan, which Ryan paid on December 31. DI would have charged Ryan $870 if interest had been calculated at the applicable federal interest rate. Assume that tax avoidance was not a motive for the loan. c. Diana received $2,750 in alimony and $6,000 in child support payments from her former husband. They divorced in 2016 d. Diana won a $1,050 cash prize at her church-sponsored Bingo game. e. The Workmans received $1,250 of interest from corporate bonds and $1,000 of interest from a municipal bond. Diana owned these bonds before she married Ryan. f. The couple bought 80 shares of ABC Incorporated stock for $55 per share on July 2. The stock was worth $77 a share on December 31. The stock paid a dividend of $1 per share on December 1. g. Diana's father passed away on April 14. She inherited cash of $65,000 from her father and his baseball card collection, valued at $3,500. As the beneficiary of her father's life insurance policy, Diana also received $165,000. h. The couple spent a weekend in Atlantic City in November and came home with gross gambling winnings of $2,700. i. Ryan received $3,400 cash for reaching 10 years of continuous service at DI. j. Ryan was hit and injured by a drunk driver while crossing a street at a crosswalk. He was unable to work for a month. He received $9,000 from his disability insurance. Dl paid the premiums for Ryan, but it reported the amount of the premiums as compensation to Ryan on his year-end W-2. k. The drunk driver who hit Ryan in part (j) was required to pay his $3,500 medical costs, $3,000 for the emotional trauma he suffered from the accident, and $8,000 for punitive damages. 1. For meeting his performance goals this year, Ryan was informed on December 27 that he would receive a $6,500 year- end bonus. DI (located in Houston, Texas) mailed Ryan's bonus check from its payroll processing center (Tampa, Florida) on December 28. Ryan didn't receive the check at his home until January 2. m. Diana is a 10 percent owner of MNO Incorporated, a Subchapter S corporation. The company reported ordinary business income for the year of $122,000. Diana acquired the MNO stock two years ago. n. Diana's day care business collected $110,000 in revenues. In addition, customers owed her $10,500 at year-end. During the year, Diana spent $13,000 for supplies, $9,000 for utilities, $30,000 for rent, and $1,250 for miscellaneous expenses. One customer gave her use of his vacation home for a week (worth $10,000) in exchange for Diana allowing his child to attend the day care center free of charge. Diana accounts for her business activities using the cash method of accounting. o. Ryan's employer pays the couple's annual health insurance premiums of $13,000 for a qualified plan. Age/Blindness You: Were bom before January 2, 1956 Are blind Dependents (see instructions): (2) Social security number Spouse: Was born before January 2, 1956 Is blind (3) Relationship to you (4) if qualities for (see instructions): Child tax credit Credit for other dependents (1) First name Last name If more than four dependents, See nstructions and check here 1 Wages, salarles, tips, etc. Attach Form(s) W-2 1 11 2b Attach Sch. Bit required 2a Tax-exempt interest 3a Qualified dividends 2a 3a 3b 4a IRA distributions 4a b Taxable interest b b Ordinary dividends. b Taxable amount b Taxable amount Taxable amount 4h 5a 5b 5a Pensions and annuities 6a Social security benefits 6a 6b 7 Capital gain or loss). Amount 7 8 Other Income from Schedule 1. line 9 8 8 9 0 Standard Deduction for - Single or Married filing separately, $12,400 - Married filing Fointly or Qualifying 9 Add lines 1, 26, 35, 4b. 5b, 66, 7. and 8. This is your total income 9 1, . , 10 Adjustments to income: widow(or). a From Schedule 1, line 22 10a 10b 10c S24.800 - Head of household, S18,650 - If you checked any box under Standard Deduction, see instructions. b Charitable contributions if you take the standard deduction. See instruction C Add lines 10a and 106. These are your total adjustments to income 11 Subtract line 10c from line 9. This is your adjusted gross income 12 Standard deduction or iternized deductions (from Schedule A) 13 Qualified business income deduction. Attach Form 8995 or Form 3995-A 11 12 13 14 Add lines 12 and 13 14 15 Taxable income. Subtract line 14 from line 11. If zero or less, enter-O- 15

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