hn and Lucy Miegel (dates of birth: December 18, 1971 and September 14, 1971, respectively) are married with three children: son, MaryJane and Sally (dates of birth: July 22, 2000, June 6, 2002 and February 14, 2007, respectively). John works as a lesman for LMN Corporation and Lucy is an Administrative Assistant for ZYX Corporation. See the client's tax return documents more information. Lucy began a Typing Service during 2020. See the Trial Balance for income and expenses. Both the mputers and software were purchased on 7/15 / 2020 Lucy would like to take the maximum depreciation available on these sets. Assume the Schedule C net profit does not qualify as a qualified business income under Section 199A. The Miegel's ceived qualified dividends from LMN Corporation and interest from First National Bank.

e the client's tax return documents for more information. The Miegel's reported the following payments during the year:

2,000 of medical expenses (after insurance)

340 of prior year state income tax paid

750 charitable contribution to a qualified charity

14,600 of mortgage interest

6, 900 of real estate taxes

John and Lucy Miegel (dates of birth: December 18, 1971 and September 14, 1971, respectively) are married with three children: Jason, MaryJane and Sally (dates of birth: July 22, 2000, June 6, 2002 and February 14, 2007, respectively). John works as a Salesman for LMN Corporation and Lucy is an Administrative Assistant for ZYX Corporation. See the client's tax return documents for more information. Lucy began a Typing Service during 2020. See the Trial Balance for income and expenses. Both the computers and software were purchased on 07/15/2020. Lucy would like to take the maximum depreciation available on these assets. Assume the Schedule C net profit does not qualify as a qualified business income under Section 199A. The Miegel's received qualified dividends from LMN Corporation and interest from First National Bank.

See the client's tax return documents for more information. The Miegel' s reported the following payments during the year:

$2,000 of medical expenses (after

insurance)

$340 of prior year state income tax paid

$750 charitable contribution to a qualified charity

. $14,600 of mortgage interest

$6,900 of real estate taxes

Required:

1. Prepare the Miegel' s 2020 federal tax return. Use Form 1040, Schedule 1, Schedule 2, Schedule A (even if using the standard deduction), Schedule B, Schedule C, Schedule SE, and Form 4562 (with Schedule C).

Lepartment of the ireasury-internal pevenue service On behalf of XYZ Charity, I would like to thank you for your contribution of $750. Your financial support helps us continue in our mission and the assist those in our community. No goods or services were received. The generous support of individuals like you makes it possible for our organization to exist and to make the community a great place to live. Thank you again for your support! Sincerely, Mary Smith Required: 1. Prepare the Miegel's 2020 federal tax return. Use Form 1040, Schedule 1, Schedule 2, Schedule A (even if using the standard deduction), Schedule B, Schedule C, Schedule SE, and Form 4562 (with Schedule C). Documents (screenshots): T=2 wage and 1 ax Form 1=2 Statement Copy B-To Be Filed With Employee's FEDERAL Tax Return. This information is being furnished to the Internal Revenue Service