how do i fill out an 2017 & 2018 1040x, 2017 &2018 1040, 2017& 2018 schedule A 1040 itemized deductions based on that information.

Charles Smith won a million dollar lawsuit in 2017 against a pretend doctor. Smith's attorney kept $400,000 and Smith got $600,000. On his 2017 tax return, Smith reported $600,000 income on his tax return. But the IRS had a different approach to the income reported by Smith. Smith is married to Martha and they filed a joint tax return for 2017-use standard deduction with no children. . Calculate the tax liability for Smith under IRS's approach and under Smith's approach. Assume he won the lawsuit in 2018. File his tax return for 2018-both ways, the way he filed and the way IRS will file. Charles Smith won a million dollar lawsuit in 2017 against a pretend doctor. Smith's attorney kept $400,000 and Smith got $600,000. On his 2017 tax return, Smith reported $600,000 income on his tax return. But the IRS had a different approach to the income reported by Smith. Smith is married to Martha and they filed a joint tax return for 2017-use standard deduction with no children.. Calculate the tax liability for Smith under IRS's approach and under Smith's approach. Assume he won the lawsuit in 2018. File his tax return for 2018-both ways, the way he filed and the way IRS will file. 1040X (Rev. January 2017) This return is for calendar year Other year. Enter one: calendar year Your first name and in 2015 2014 2013 or fiscal year (month and year ended Last name a joint retum, spouse's first name and initial Last name Current home address (number and street. If you have a PO box, se instructions City, town or post office, stats, and ZIP code. If you have a foreign addres, also complete spaces below instruction Foreign country name Foreign province/courty Amended return filing status. You must check one box even if you are not changing your filing status. Caution: In general, you can't change your filing status from joint to separate returns after the due date. Single Married filling jointly Married fling separately 2 3 4 Income and Deductions 1 Adjusted gross income. If net operating loss (NOL) carryback is PO 5 Tax Liability 6 7 12 13 14 15 8 9 10 11 Payments *N*85: Department of the Trury-mal Revenue Service Amended U.S. Individual Income Tax Return Information about Form 1040X and its separate instructions is at www.in.gov/form1040 2016 19 Head of household of the qualifying person is a child but not your dependent, see instructions) Qualifying widow(er) Use Part Ill on the back to explain any changes 21 included, check here. Itemized deductions or standard deduction Subtract line 2 from line 1 Exemptions. If changing, complete Part I on page 2 and enter the amount from line 29. Taxable income. Subtract line 4 from line 3 22 23 Tax. Enter method(s) used to figure tax (see instructions): Credits. If general business credit carryback is included, check here. Subtract line 7 from line 6. If the result is zero or less, enter-0- Health care: individual responsibility (see instructions) Other taxes Total tax. Add lines 8, 9, and 10 Federal income tax withheld and excess social security and tier 1 RRTA tax withhold (If changing, see instructions.) Estimated tax payments, including amount applied from prior year's return Earned Income credit (EIC) Refundable credits from: 8863 Schedule 8812 8885 Form Actre 12446 2439 8962 of Total payments. Add lines 12 through 15, column C, and line 16 1 000,000 6 A. Original amount change or a previously amount aud 7 Full-year coverage. If all members of your household have ful year minimal essential health care coverage check "Yes." Otherwise, check "No." (See instructions) Yes 16 17 Refund or Amount You Owe 18 Overpayment, if any, as shown on original retum or as previously adjusted by the IRS. Subtract line 18 from line 17 (f less than zero, see instructions.). 8 9 10 11 12 Your social sturty ubr Spune's social security 13 14 ON 1545-0074 4136 15 other (specity), Total amount paid with request for extension of time to file, tax paid with original return, and additional tax paid after return was filed estimated tax 20 Amount you owe. If line 11, column C, is more than line 19, enter the difference If line 11, column C, is less than line 19, enter the difference. This is the amount overpaid on this return Amount of line 21 you want refunded to you. Amount of line 21 you want applied to your (enter year): 23 for Paperwork Reduction Act Notice, see instructions. 2100 Pol00 Cat No. 11360 No C. Co amount 1000,000 16 17 18 19 20 21 22 Complete and sign this form on Page Form 1040X Pe 1-20 Charles Smith won a million dollar lawsuit in 2017 against a pretend doctor. Smith's attorney kept $400,000 and Smith got $600,000. On his 2017 tax return, Smith reported $600,000 income on his tax return. But the IRS had a different approach to the income reported by Smith. Smith is married to Martha and they filed a joint tax return for 2017-use standard deduction with no children. . Calculate the tax liability for Smith under IRS's approach and under Smith's approach. Assume he won the lawsuit in 2018. File his tax return for 2018-both ways, the way he filed and the way IRS will file. Charles Smith won a million dollar lawsuit in 2017 against a pretend doctor. Smith's attorney kept $400,000 and Smith got $600,000. On his 2017 tax return, Smith reported $600,000 income on his tax return. But the IRS had a different approach to the income reported by Smith. Smith is married to Martha and they filed a joint tax return for 2017-use standard deduction with no children.. Calculate the tax liability for Smith under IRS's approach and under Smith's approach. Assume he won the lawsuit in 2018. File his tax return for 2018-both ways, the way he filed and the way IRS will file. 1040X (Rev. January 2017) This return is for calendar year Other year. Enter one: calendar year Your first name and in 2015 2014 2013 or fiscal year (month and year ended Last name a joint retum, spouse's first name and initial Last name Current home address (number and street. If you have a PO box, se instructions City, town or post office, stats, and ZIP code. If you have a foreign addres, also complete spaces below instruction Foreign country name Foreign province/courty Amended return filing status. You must check one box even if you are not changing your filing status. Caution: In general, you can't change your filing status from joint to separate returns after the due date. Single Married filling jointly Married fling separately 2 3 4 Income and Deductions 1 Adjusted gross income. If net operating loss (NOL) carryback is PO 5 Tax Liability 6 7 12 13 14 15 8 9 10 11 Payments *N*85: Department of the Trury-mal Revenue Service Amended U.S. Individual Income Tax Return Information about Form 1040X and its separate instructions is at www.in.gov/form1040 2016 19 Head of household of the qualifying person is a child but not your dependent, see instructions) Qualifying widow(er) Use Part Ill on the back to explain any changes 21 included, check here. Itemized deductions or standard deduction Subtract line 2 from line 1 Exemptions. If changing, complete Part I on page 2 and enter the amount from line 29. Taxable income. Subtract line 4 from line 3 22 23 Tax. Enter method(s) used to figure tax (see instructions): Credits. If general business credit carryback is included, check here. Subtract line 7 from line 6. If the result is zero or less, enter-0- Health care: individual responsibility (see instructions) Other taxes Total tax. Add lines 8, 9, and 10 Federal income tax withheld and excess social security and tier 1 RRTA tax withhold (If changing, see instructions.) Estimated tax payments, including amount applied from prior year's return Earned Income credit (EIC) Refundable credits from: 8863 Schedule 8812 8885 Form Actre 12446 2439 8962 of Total payments. Add lines 12 through 15, column C, and line 16 1 000,000 6 A. Original amount change or a previously amount aud 7 Full-year coverage. If all members of your household have ful year minimal essential health care coverage check "Yes." Otherwise, check "No." (See instructions) Yes 16 17 Refund or Amount You Owe 18 Overpayment, if any, as shown on original retum or as previously adjusted by the IRS. Subtract line 18 from line 17 (f less than zero, see instructions.). 8 9 10 11 12 Your social sturty ubr Spune's social security 13 14 ON 1545-0074 4136 15 other (specity), Total amount paid with request for extension of time to file, tax paid with original return, and additional tax paid after return was filed estimated tax 20 Amount you owe. If line 11, column C, is more than line 19, enter the difference If line 11, column C, is less than line 19, enter the difference. This is the amount overpaid on this return Amount of line 21 you want refunded to you. Amount of line 21 you want applied to your (enter year): 23 for Paperwork Reduction Act Notice, see instructions. 2100 Pol00 Cat No. 11360 No C. Co amount 1000,000 16 17 18 19 20 21 22 Complete and sign this form on Page Form 1040X Pe 1-20