How to fill out Schedule B, Schedule 1, Form 1040, and Qualified Dividends worksheets.

Alexander Smith and his wife Allison are married and file a joint tax return for 2019. The Smiths live at 1234 Buena Vista Drive, Orlando, FL 32830. Alexander is a commuter airline pilot but took 6 months off from his job in 2019 to obtain a higher level pilots license. The Smiths have a 17 year-old son, Brad, who is enrolled in eleventh grade at the Walt Disney Prep School. The Smiths also have an 18 year-old daughter, Angelina, who is a part-time first year student at Orange County Community College (OCCC). Angelina is married to Sean Shirker, who is 19 years old and also a part-time student at OCCC. Sean and Angelina have a 1 year old child, Trask (Social Security number 115-45-7893). All the Shirkers live in an apartment near the Smiths. Angelina and Sean both also work part-time for Seans wealthy grandfather as apprentices in his business. The Shirkers wages for the year were $50,000 which allowed them to pay all the personal expenses for themselves and Trask.

Name	Social Security number	Date of birth
Alexander Smith	266-15-1966	09/22/1970
Allison Smith	266-34-1967	07/01/1971
Brad Smith	261-55-2121	12/21/2002
Angelina Shirker	261-45-1212	03/31/2001
Sean Shirker	546-78-1235	05/01/2000
Trask Shirker	115-45-7893	10/21/2018

Five years ago, Alexander divorced Jennifer Amistad (Social Security number 341-55-6789). Alexander pays Jennifer $200 per month in alimony under the divorce decree.

Not included with the Smiths tax forms was interest from State of Florida bonds of $145.00.

Alexander also received a Form W-2, Form 1099-INT, and Form 1099-DIV that you should have downloaded in Step 1 above.

Visit the IRS webote at e file www.lrs.gowanie a Employee's so soority number 266-15-1966 b Employer cientification number 60-3456789 Employer's name, address, and ZIP code Kissimmee Airlines, Inc. 2432 Bay Blvd. Kissimmee, FL 34741 Safe, accurate, FAST! Use URS OMB No. 1545-000e Wages, tips, other compensation 65,137.00 3 Social security w294 68,409.00 5 Medicare Wages and tips 68,409.00 7 Social security tips 2 Federal income tax withheld 6,010.00 4 Social Security tax withheld 4,241.36 6 Medicare tax withhold 991.93 8 Alocated tips d Control number 9 Variation code 10 Dependent care benefits Last name Sutt. 11 Nonqualified plans e Employee's first name and in Alexander T. Smith 1234 Buena Vista Drive Orlando, FL 32830 12a See instructions for box 12 D 3, 272.00 12b 13 They pi 14 Other 12e 120 f Employee's address and ZIP code 15 Employer's state number FL 16 State Wagi, tipe, te 17 State income tax 18 Local wages, tips, 19 Local income 20 Latime Department of the Treasury ---Intemal Revenue Service Wage and Tax Form Statement Copy B-To Be Filed With Employee's FEDERAL Tax Return This information is being furnished to the Internal Revenue Service. W-2 2018 CORRECTED (if checked) PAYER'S name, street address, city or town, state or province, country, ZIPPayer's RTN (optional) OMB No. 1545-0112 or foreign postal code, and telephone no. Orlando National Bank 2018 Interest 9871 Disney Way 1 Interest income Income Orlando, FL 32801 1,369.11 $ Fom 1099-INT 2 Earty withdrawal penalty Copy B PAYER'S TIN RECIPIENT'S TIN $ For Recipient 3 Interest on U.S. Savings Bonds and Treas. obligations 60-7654321 266-15-1966 $ RECIPIENT'S name 4 Federal income tax withheld Investment expenses This is important tax $ $ information and is Alexander T. Smith being furnished to the 6 Foreign tax paid 7 Foreign country U.S. possession IRS. If you are Street address including apt.no $ required to fie a 1234 Buena Vista Drive 8 Tax-exempt interest 9 Specified private activity bond retum, a negligence interest penalty or other sanction may be City or town, state or province, country, and ZIP or foreign postal code $ imposed on you if this income is Orlando, FL 32830 11 Bond premium 10 Market discount taxable and the IRS determines that it has FATCA ting $ $ not been reported. requirement 12 and pronun on Treasury oblours 13 Bond pronun on tarpt bord $ $ Account number is instructions 14 Tacuerpt and tax credit 15 Star 16 State identification no. 17 State tax withhold bond CUSIP no. Form 1099-INT (keep for your records) www.irsgow Form10931NT Department of the Treasury - Intemal Revenue Service 2018 CORRECTED (if checked) PAYER'S name, street address, city or town, state or province, country, ZP 1a Total ordinary dividends OMB No. 1545-0110 or foreign postal code, and telephone no. 1,167.00 $ Disney Parking Corporation Dividends and 1b Qualified dividends 1500 Reams Rd. Distributions 1,032.00 Lake Buena Vista, FL 32830 $ Form 1099-DIV 2a Total capital gain distr. 26 Unrecap. Soc. 1250 gain Copy B $ $ PAYER S TIN For Recipient RECIPIENT'S TIN 2e Section 1202 gain 2d Collectibles (28%)gain 57-4443344 266-34-1967 $ RECIPIENT'S nama 3 Nondividend distributions 4 Federal income tax withheld $ $ 100.00 This is important tax Allison Smith information and is 5 Section 199A dividende 6 Investment expenses being furnished to Stroot address including apt.no $ the IRS. If you are S required to file a 1234 Buena Vista Drive 7 Foreign tax paid 8 Foreign country U.S. possession retum, a negligence penalty or other sanction may City or town, state or province, country, and ZIP or foreign postal code $ imposed on you it Orlando FL 32830 9 Cash liquidation distributions 10 Noncash liquidation distribution this income is taxable $ $ determines that it has FATCA fling 11 Exempt-interest dividends 12 Specified private activity not been reported. requirement bond interest dividends $ $ Account number is instructions 13 State 14 Sedert 15 State tax withheld S $ Form 1099-DIV (keep for your records) www.irs.gow Form1099DIV Department of the Treasury Intemal Revenue Service and the IRS Department of the Treasury Internal Revenue Service 1991 OMB No 1545-0074 IRSU Only-Do not writer staple in this space Filing Status Single Married fling jointly Married fing separately (MFS) Head of household (HOH Qualifying widower) (OW) Check only one box. If you checked the MFS box, enter the name of spouse. If you checked the HOH Or GW box, enter the child's name if the qualitying person is a child but not your dependent Your first name and middle initial Last name Your social security number If joint return, spouse's first name and middle initial Last name Spouse's social security number Home address number and strat). If you have a P.O.box, see instructions Apt.no Presidential Election Campaign Check you, or your spousering jointly want to go to fund Cly, town or post office, state, and ZIP code, you have a foreign address, also complete spaces below (see instructional Checking a box below ilot change your sorud You pute Foreign country name Foreign provino stata county Foreign postal code if more than four dependenta ste instructions and / here Standard Someone can claim you as a dependent Your spouse as a dependent Deduction Spouse tanizes on a separate return or you were a dual status allen Age/Blindness You Were bom before January 2, 1955 Are bind Spouse was born before January 2, 1955 Is bind Dependents (son instructions): 121 Security Rumba Relations to you 10 / qualities for instruction (1) Frame Lastrare Child tax credit Cred for other dependents 1 3b 4b 4d 1 Wages, salles, tips, ato. Altach Form W2 . Tax exempt where 2a Taxable interest. Anach Sch. Bir required Blandard Qualified dividende bo Ordinary dividends. Arlach Sch. I required Destion for 4a TRA distribution b Taxable amount gor Marie ng wally Pensions and antes 40 d Taxable amount $12.200 Sa Social security benefits Ba b Taxable amount - Marine Quare 0 Capital gain or fos). Attach Schedule Drequired. It not required, check here Widow 1400 7a Other Income from Schedule 1 Ine - Head of Acklines 1, 2b, ab, 46, 4, 5, 6, and 7a. This is your total income household $18.30 Ba Austments to income from Schedule 1, line 22 If you checked Subtractine Ba from ine 76. Ts is you adjusted gross income any bound Ainthen Standard deduction or Homized deductions from Schedule Al 9 Det 10 Qualified business income deduction. Altach Form 300 or For 8006-A 11 Add lines and 10 Taxable income. Subtractine 11 from Ina 86. If zero or less entero For Disclosure, Privacy Act, and Paperwork Reduction Act Notion, see separate instructions. C. No 11 71 da 8b 10 11b Pom 1040 2011 120 14 Form 1040 (2019 Page 2 12a Tax (see inst.) Check if any trom Formisc 1 8814 2 4972 3 D b Add Schedule 2, Ine 3, and line 12a and enter the total 12 13a Child tax creditor credit for other dependents.. 13a b Add Schedule a, line 7, and line 13a and enter the total 131 14 Subtract line 13b from line 12b. zero or less, enter-O 15 Other taxes, including self-employment tax, from Schedule 2, line 10 15 16 Add lines 14 and 15. This is your total tax. 16 17 Federal income tax withheld from Forms W-2 and 1099 17 - If you have 18 Other payments and refundable credits qualifying child attach Schic 189 a Eamed income credi (EIC) - - If you have Additional child tax credit Attach Schedule 8812 18b montable American opportunity credit from Form 8863, Ine 8 18c combat pay retruction d Schedule 3, line 14. 180 Add lines 18a through 18d. These are your total other payments and refundable credits 18e 19 Addlines 17 and 189. These are your total payments 19 Refund 20 20 If line 19 is more than line 16, subtract line 16 from line 19. This is the amount you overpaid 21a Amount of ine 20 you want refunded to you. Form 8888 is attached, check here 21a Direct deposit Routing number Checking Savings Seeindru Account number 22 Amount of ine 20 you want applied to your 2020 estimated tax Amount 23 Amount you owe. Subtract line 19 from line 16. For details on how to pay, see instructions You Owe 24 Estimated tax penalty (see Instructions) Third Party Do you want to allow another person (other than your paid preparer to discuss this return with the RS? Se instructions. Yes. Complete below. Designee No Other than Designeo's Phone Personal identification puid prepare name . number (PIN Sign Under paties of plury, I decline that I have and thereum and accompanying schedules and statements, and to the best of my knowledge and bule, they are true corect, and complete. Declaration of preparerather than tapar bed on all information of which prepare is ay knowledge Here Your signature Date Your cocupation If the RS sent you an identity Protection PIN antor here Joint return? (seo inat.) See instructions. Spouse's signature. If a joint ratum, both must sign. Date Spouse's occupation if the RS sent your spouse an Keup a copy for Identity Protection PIN, enter it here your records (see inst.) Phone no. Email address Preparer's nama Proparer's signature Date PTIN Check it Paid 3rd Party Designer Preparer Fimm's name Phone no. Sell employed Use Only Firm's address Firm's EN Go to www.irs.gow/Farm 1040 for instructions and the latest information Form 1040 2011 222 4 LOW 5 SCHEDULE 1 OMB No. 1545-0074 (Form 1040 or 1040-SR) Additional Income and Adjustments to Income 2019 Department of the Treasury Attach to Form 1040 or 1040-SR. Intemal Revenue Service Attachment Go to www.irs.gov/Form 1040 for instructions and the latest information Sequence No. 01 Names) shown on Form 1040 of 1040-SR Your social security number At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency? Yes No Parti Additional Income 1 Taxable refunds, credits, or offsets of state and local income taxes 1 2a Alimony received 2a b Date of original divorce or separation agreement (see instructions) 3 Business income or loss). Attach Schedule C 3 4 Other gains or losses). Attach Form 4797 5 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E. 6 Farm income or loss). Attach Schedule F 6 7 Unemployment compensation. 7 8 Other Income. List type and amount 8 Combine lines 1 through 8. Enter here and on Form 1040 or 1040-SR, line 7a 9 Part II Adjustments to Income 10 Educator expenses 10 11 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 12 Health savings account deduction. Attach Form 8889 12 13 Moving expenses for members of the Armed Forces. Attach Form 3903 14 Deductible part of self-employment tax. Attach Schedule SE 14 15 Self-employed SEP, SIMPLE, and qualified plans 15 16 Self-employed health insurance deduction 16 17 Penalty on early withdrawal of savings 17 18a Alimony paid. 18a b Recipient's SSN c Date of original divorce or separation agreement (see instructions) 19 IRA deduction 19 20 Student loan interest deduction 20 21 Tuition and fees. Attach Form 8917 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 Paperwork Reduction Act Notice, see your tax return instructions. Schedule 1 (Form 1040 or 1040-SR, 2019 11 13 Cat. No. 71470F OMB No. 1545-0074 SCHEDULEB (Form 1040 or 1040-SR) Interest and Ordinary Dividends Go to www.irs.gov/Schedule for instructions and the latest information. Attach to Form 1040 or 1040-SR. 2019 Department of the Treasury Internal Revenue Service 189) Names shown on ratum Attachment Sequence No. 08 Your social security number Part 1 1 List name of payer. If any interest is from a seller-financed mortgage and the Amount buyer used the property as a personal residence, see the instructions and list this Interest Interest first. Also, show that buyer's social security number and address (See instructions and the instructions for Forms 1040 and 1040-SR, line 2b.) Note: If you 1 received a Form 1099-INT, Form 1099-OID. or substitute statement from a brokerage firm, list the firm's name as the payer and enter the total interest shown on that form. 2 Add the amounts on line 1 2 3 Excludable interest on series EE and I U.S. Savings bonds issued after 1989. Attach Form 8815 3 4 Subtract line 3 from line 2. Enter the result here and on Form 1040 or 1040-SR, line 2b. Note: If line 4 is over $1,500, you must complete Part III. Amount Part II 5 List name of payer Ordinary Dividends (See instructions and the instructions for Forms 1040 and 1040-SR, line 3b.) 5 Note: If you received a Form 1099-DIV or substitute statement from a brokerage firm, list the firm's name as the payer and enter the ordinary dividends shown 6 on that form. Add the amounts on line 5. Enter the total here and on Form 1040 or 1040-SR, line 3b 6 Note: if line 6 is over $1,500, you must complete Part III. Part III You must complete this part if you (a) had over $1,500 of taxable interest or ordinary dividends; (b) had a Yes No foreign account; or (c) received a distribution from, or were a grantor of, or a transferorto, a foreign trust. Foreign 7a At any time during 2019, did you have a financial interest in or signature authority over a financial Accounts account (such as a bank account, securities account, or brokerage account) located in a foreign and Trusts country? See Instructions. Caution of if "Yes," are you required to fille FinCEN Form 114, Report of Foreign Bank and Financial required, failure Accounts (FBAR), to report that financial interest or signature authority? See FinCEN Form 114 to file FinCEN and its instructions for filing requirements and exceptions to those requirements. Form 114 may result in b If you are required to file FinCEN Form 114, enter the name of the foreign country where the substantial financial account is located penalties. See 8 During 2019, did you receive a distribution from, or were you the grantor of, or transferor to, a instructions foreign trust? If "Yes." you may have to file Form 3520. See instructions. For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 17146N Schedule B (Form 1040 or 1040-SR) 2019 Qualified Dividends and Capital Gain Tax Worksheet (2019) See Form 1040 instructions for line 12a to see if the taxpayer can use this worksheet to compute the taxpayer's tax . Before completing this worksheet, complete Form 1040 through line 11b. If the taxpayer does not have to file Schedule D (Form 1040) and received capital gain distributions, be sure the box on line 6, Form 1040, is checked. 1) Enter the amount from Form 1040, line 11b. However, if filing Form 2555 (relating to foreign earned income), enter the amount from line 3 of the Foreign Earned Income Tax Worksheet 11 2) Enter the amount from Form 1040, line 32 2) 3) Is Schedule D being filed? Yes. Enter the smaller of line 15 or 16 of Schedule D. If either line 15 or line 16 is blank or a loss, enter-O- No. Enter the amount from Form 1040, line 6 4) Add lines 2 and 3. 4) 5) If filing Form 4952 (used to figure investment interest expense deduction), enter any amount from line 4g of that form. Otherwise, enter-O- 5) 6) Subtract lines from line 4. If zero or less, enter-O- 6) 7) Subtract line 6 from line 1. If zero or less, enter-O- 71 8) Enter: $39,375 if Single or Married Filing Separately. - $78,750 if Married Filing Jointly or Qualifying Widower), - $52,750 if Head of Household 8) 9) Enter the smaller of line 1 or line 8 91 10) Enter the smaller of line 7 or line 9. 101 11) Subtract line 10 from line 9. This amount is taxed at 0% 111 12) Enter the smaller of line 1 or line 6. 121 13) Enter the amount from line 11. 131 14) Subtract line 13 from line 12 141 15) Enter: $434,550 if Single $244,425 if Married Filing Separately, - $488,850 if Married Filing Jointly or Qualifying Widower). $461,700 if Head of Household 151 16) Enter the smaller of line 1 or line 15 161 17) Add lines 7 and 11 171 18) Subtract line 17 from line 16. If zero or less, enter -- 18] 19) Enter the smaller of line 14 or line 18 19) 20) Multiply line 19 by 15% (15) 201 21) Add lines 11 and 19. 211 22) Subtract line 21 from line 12 22] 23) Multiply line 22 by 20% (201 231 24) Compute the tax on the amount on line 7. If the amount on line 7 is less than $100,000, use the Tax Table to compute the tax. If the amount on line 7 is $100,000 or more, use the Tax Computation Worksheet. 241 25) Add lines 20,23 and 24. 251 26) Compute the tax on the amount on line 1. If the amount on line 1 is less than $100,000, use the Tax Table to compute the tax If the amount on line 1 is $100,000 or more, use the Tax Computation Worksheet.. 26] 27) Tax on all taxable income. Enter the smaller of line 25 or line 26. Also include this amount on Form 1090, line 12a. If filing Form 2555, do not enter this amount on Form 1040, line 122. Instead, enter it on line 4 of the Foreign Earned Income Tax Worksheet...... 271 * If you are filing Form 2555, see the footnote in the Foreign Earned Income Tax Worksheet before completing this line. Taals for Tax Pros The TaxBook 4/20/2021 2019 and 2020 Tax Brackets: Find Your Federal Tax Rate Schedules - TurboTax Tax Tips & Videos 2019 Tax Brackets and Tax Rates (for filing in 2020) Single If taxable income is over- SO $9,700 $39,475 $84,200 $160,725 $204,100 $510,300 but not over- $9,700 $39,475 $84.200 $160,725 S204,100 S510,300 no limit the tax is: 10% of the amount over $0 $970 plus 12% of the amount over $9,700 $4,543 plus 22% of the amount over $39,475 $14,382 plus 24% of the amount over $84,200 $32,748 plus 32% of the amount over $160,725 $46,628 plus 35% of the amount over S204,100 $153,798 plus 37% of the amount over S510,300 Married Filing Jointly or Qualifying Widow (Widower) If taxable income is over- but not over- the tax is: SO $19.400 10% of the amount over $0 $19.400 $78,950 $1,940 plus 12% of the amount over $19.400 $78,950 $168.400 89,086 plus 22% of the amount over $78,950 $168.400 $321,450 $28,765 plus 24% of the amount over $168,400 $321450 $408,200 $65,497 plus 32% of the amount over $321,450 $408.200 $612,350 $93,257 plus 35% of the amount over $408.200 $612,350 no limit $164,709 plus 37 % of the amount over $612,350 Married Filing Separately If taxable income is over- SO $9,700 $39,475 $84,200 $160,725 $204,100 $306,175 but not over- $9,700 $39,475 $84.200 S160,725 S204,100 5306,175 no limit the tax is: 10% of the amount over SO $970 plus 12% of the amount over $9,700 $4,543 plus 22% of the amount over $39,475 S14382.50 plus 24% of the amount over $84.200 $32,748.50 plus 32% of the amount over $160,725 $46,628 50 plus 35% of the amount over $204,100 $82,354.75 plus 37% of the amount over $306,175 Head of Household If taxable income is over- $0 $13,850 $52,850 $84,200 $160,700 $204,100 $510,300 but not over- $13,850 $52,850 $84,200 $160,700 $204,100 $510,300 no limit the tax is: 10% of the amount over $0 $1,385 plus 12% of the amount over $13,850 $6,065 plus 22% of the amount over $52,850 $12,962 plus 24% of the amount over $84,200 $31,322 plus 32% of the amount over $160,700 $45,210 plus 35% of the amount over $204,100 $152,380 plus 37% of the amount over $510,300 Visit the IRS webote at e file www.lrs.gowanie a Employee's so soority number 266-15-1966 b Employer cientification number 60-3456789 Employer's name, address, and ZIP code Kissimmee Airlines, Inc. 2432 Bay Blvd. Kissimmee, FL 34741 Safe, accurate, FAST! Use URS OMB No. 1545-000e Wages, tips, other compensation 65,137.00 3 Social security w294 68,409.00 5 Medicare Wages and tips 68,409.00 7 Social security tips 2 Federal income tax withheld 6,010.00 4 Social Security tax withheld 4,241.36 6 Medicare tax withhold 991.93 8 Alocated tips d Control number 9 Variation code 10 Dependent care benefits Last name Sutt. 11 Nonqualified plans e Employee's first name and in Alexander T. Smith 1234 Buena Vista Drive Orlando, FL 32830 12a See instructions for box 12 D 3, 272.00 12b 13 They pi 14 Other 12e 120 f Employee's address and ZIP code 15 Employer's state number FL 16 State Wagi, tipe, te 17 State income tax 18 Local wages, tips, 19 Local income 20 Latime Department of the Treasury ---Intemal Revenue Service Wage and Tax Form Statement Copy B-To Be Filed With Employee's FEDERAL Tax Return This information is being furnished to the Internal Revenue Service. W-2 2018 CORRECTED (if checked) PAYER'S name, street address, city or town, state or province, country, ZIPPayer's RTN (optional) OMB No. 1545-0112 or foreign postal code, and telephone no. Orlando National Bank 2018 Interest 9871 Disney Way 1 Interest income Income Orlando, FL 32801 1,369.11 $ Fom 1099-INT 2 Earty withdrawal penalty Copy B PAYER'S TIN RECIPIENT'S TIN $ For Recipient 3 Interest on U.S. Savings Bonds and Treas. obligations 60-7654321 266-15-1966 $ RECIPIENT'S name 4 Federal income tax withheld Investment expenses This is important tax $ $ information and is Alexander T. Smith being furnished to the 6 Foreign tax paid 7 Foreign country U.S. possession IRS. If you are Street address including apt.no $ required to fie a 1234 Buena Vista Drive 8 Tax-exempt interest 9 Specified private activity bond retum, a negligence interest penalty or other sanction may be City or town, state or province, country, and ZIP or foreign postal code $ imposed on you if this income is Orlando, FL 32830 11 Bond premium 10 Market discount taxable and the IRS determines that it has FATCA ting $ $ not been reported. requirement 12 and pronun on Treasury oblours 13 Bond pronun on tarpt bord $ $ Account number is instructions 14 Tacuerpt and tax credit 15 Star 16 State identification no. 17 State tax withhold bond CUSIP no. Form 1099-INT (keep for your records) www.irsgow Form10931NT Department of the Treasury - Intemal Revenue Service 2018 CORRECTED (if checked) PAYER'S name, street address, city or town, state or province, country, ZP 1a Total ordinary dividends OMB No. 1545-0110 or foreign postal code, and telephone no. 1,167.00 $ Disney Parking Corporation Dividends and 1b Qualified dividends 1500 Reams Rd. Distributions 1,032.00 Lake Buena Vista, FL 32830 $ Form 1099-DIV 2a Total capital gain distr. 26 Unrecap. Soc. 1250 gain Copy B $ $ PAYER S TIN For Recipient RECIPIENT'S TIN 2e Section 1202 gain 2d Collectibles (28%)gain 57-4443344 266-34-1967 $ RECIPIENT'S nama 3 Nondividend distributions 4 Federal income tax withheld $ $ 100.00 This is important tax Allison Smith information and is 5 Section 199A dividende 6 Investment expenses being furnished to Stroot address including apt.no $ the IRS. If you are S required to file a 1234 Buena Vista Drive 7 Foreign tax paid 8 Foreign country U.S. possession retum, a negligence penalty or other sanction may City or town, state or province, country, and ZIP or foreign postal code $ imposed on you it Orlando FL 32830 9 Cash liquidation distributions 10 Noncash liquidation distribution this income is taxable $ $ determines that it has FATCA fling 11 Exempt-interest dividends 12 Specified private activity not been reported. requirement bond interest dividends $ $ Account number is instructions 13 State 14 Sedert 15 State tax withheld S $ Form 1099-DIV (keep for your records) www.irs.gow Form1099DIV Department of the Treasury Intemal Revenue Service and the IRS Department of the Treasury Internal Revenue Service 1991 OMB No 1545-0074 IRSU Only-Do not writer staple in this space Filing Status Single Married fling jointly Married fing separately (MFS) Head of household (HOH Qualifying widower) (OW) Check only one box. If you checked the MFS box, enter the name of spouse. If you checked the HOH Or GW box, enter the child's name if the qualitying person is a child but not your dependent Your first name and middle initial Last name Your social security number If joint return, spouse's first name and middle initial Last name Spouse's social security number Home address number and strat). If you have a P.O.box, see instructions Apt.no Presidential Election Campaign Check you, or your spousering jointly want to go to fund Cly, town or post office, state, and ZIP code, you have a foreign address, also complete spaces below (see instructional Checking a box below ilot change your sorud You pute Foreign country name Foreign provino stata county Foreign postal code if more than four dependenta ste instructions and / here Standard Someone can claim you as a dependent Your spouse as a dependent Deduction Spouse tanizes on a separate return or you were a dual status allen Age/Blindness You Were bom before January 2, 1955 Are bind Spouse was born before January 2, 1955 Is bind Dependents (son instructions): 121 Security Rumba Relations to you 10 / qualities for instruction (1) Frame Lastrare Child tax credit Cred for other dependents 1 3b 4b 4d 1 Wages, salles, tips, ato. Altach Form W2 . Tax exempt where 2a Taxable interest. Anach Sch. Bir required Blandard Qualified dividende bo Ordinary dividends. Arlach Sch. I required Destion for 4a TRA distribution b Taxable amount gor Marie ng wally Pensions and antes 40 d Taxable amount $12.200 Sa Social security benefits Ba b Taxable amount - Marine Quare 0 Capital gain or fos). Attach Schedule Drequired. It not required, check here Widow 1400 7a Other Income from Schedule 1 Ine - Head of Acklines 1, 2b, ab, 46, 4, 5, 6, and 7a. This is your total income household $18.30 Ba Austments to income from Schedule 1, line 22 If you checked Subtractine Ba from ine 76. Ts is you adjusted gross income any bound Ainthen Standard deduction or Homized deductions from Schedule Al 9 Det 10 Qualified business income deduction. Altach Form 300 or For 8006-A 11 Add lines and 10 Taxable income. Subtractine 11 from Ina 86. If zero or less entero For Disclosure, Privacy Act, and Paperwork Reduction Act Notion, see separate instructions. C. No 11 71 da 8b 10 11b Pom 1040 2011 120 14 Form 1040 (2019 Page 2 12a Tax (see inst.) Check if any trom Formisc 1 8814 2 4972 3 D b Add Schedule 2, Ine 3, and line 12a and enter the total 12 13a Child tax creditor credit for other dependents.. 13a b Add Schedule a, line 7, and line 13a and enter the total 131 14 Subtract line 13b from line 12b. zero or less, enter-O 15 Other taxes, including self-employment tax, from Schedule 2, line 10 15 16 Add lines 14 and 15. This is your total tax. 16 17 Federal income tax withheld from Forms W-2 and 1099 17 - If you have 18 Other payments and refundable credits qualifying child attach Schic 189 a Eamed income credi (EIC) - - If you have Additional child tax credit Attach Schedule 8812 18b montable American opportunity credit from Form 8863, Ine 8 18c combat pay retruction d Schedule 3, line 14. 180 Add lines 18a through 18d. These are your total other payments and refundable credits 18e 19 Addlines 17 and 189. These are your total payments 19 Refund 20 20 If line 19 is more than line 16, subtract line 16 from line 19. This is the amount you overpaid 21a Amount of ine 20 you want refunded to you. Form 8888 is attached, check here 21a Direct deposit Routing number Checking Savings Seeindru Account number 22 Amount of ine 20 you want applied to your 2020 estimated tax Amount 23 Amount you owe. Subtract line 19 from line 16. For details on how to pay, see instructions You Owe 24 Estimated tax penalty (see Instructions) Third Party Do you want to allow another person (other than your paid preparer to discuss this return with the RS? Se instructions. Yes. Complete below. Designee No Other than Designeo's Phone Personal identification puid prepare name . number (PIN Sign Under paties of plury, I decline that I have and thereum and accompanying schedules and statements, and to the best of my knowledge and bule, they are true corect, and complete. Declaration of preparerather than tapar bed on all information of which prepare is ay knowledge Here Your signature Date Your cocupation If the RS sent you an identity Protection PIN antor here Joint return? (seo inat.) See instructions. Spouse's signature. If a joint ratum, both must sign. Date Spouse's occupation if the RS sent your spouse an Keup a copy for Identity Protection PIN, enter it here your records (see inst.) Phone no. Email address Preparer's nama Proparer's signature Date PTIN Check it Paid 3rd Party Designer Preparer Fimm's name Phone no. Sell employed Use Only Firm's address Firm's EN Go to www.irs.gow/Farm 1040 for instructions and the latest information Form 1040 2011 222 4 LOW 5 SCHEDULE 1 OMB No. 1545-0074 (Form 1040 or 1040-SR) Additional Income and Adjustments to Income 2019 Department of the Treasury Attach to Form 1040 or 1040-SR. Intemal Revenue Service Attachment Go to www.irs.gov/Form 1040 for instructions and the latest information Sequence No. 01 Names) shown on Form 1040 of 1040-SR Your social security number At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency? Yes No Parti Additional Income 1 Taxable refunds, credits, or offsets of state and local income taxes 1 2a Alimony received 2a b Date of original divorce or separation agreement (see instructions) 3 Business income or loss). Attach Schedule C 3 4 Other gains or losses). Attach Form 4797 5 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E. 6 Farm income or loss). Attach Schedule F 6 7 Unemployment compensation. 7 8 Other Income. List type and amount 8 Combine lines 1 through 8. Enter here and on Form 1040 or 1040-SR, line 7a 9 Part II Adjustments to Income 10 Educator expenses 10 11 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 12 Health savings account deduction. Attach Form 8889 12 13 Moving expenses for members of the Armed Forces. Attach Form 3903 14 Deductible part of self-employment tax. Attach Schedule SE 14 15 Self-employed SEP, SIMPLE, and qualified plans 15 16 Self-employed health insurance deduction 16 17 Penalty on early withdrawal of savings 17 18a Alimony paid. 18a b Recipient's SSN c Date of original divorce or separation agreement (see instructions) 19 IRA deduction 19 20 Student loan interest deduction 20 21 Tuition and fees. Attach Form 8917 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 Paperwork Reduction Act Notice, see your tax return instructions. Schedule 1 (Form 1040 or 1040-SR, 2019 11 13 Cat. No. 71470F OMB No. 1545-0074 SCHEDULEB (Form 1040 or 1040-SR) Interest and Ordinary Dividends Go to www.irs.gov/Schedule for instructions and the latest information. Attach to Form 1040 or 1040-SR. 2019 Department of the Treasury Internal Revenue Service 189) Names shown on ratum Attachment Sequence No. 08 Your social security number Part 1 1 List name of payer. If any interest is from a seller-financed mortgage and the Amount buyer used the property as a personal residence, see the instructions and list this Interest Interest first. Also, show that buyer's social security number and address (See instructions and the instructions for Forms 1040 and 1040-SR, line 2b.) Note: If you 1 received a Form 1099-INT, Form 1099-OID. or substitute statement from a brokerage firm, list the firm's name as the payer and enter the total interest shown on that form. 2 Add the amounts on line 1 2 3 Excludable interest on series EE and I U.S. Savings bonds issued after 1989. Attach Form 8815 3 4 Subtract line 3 from line 2. Enter the result here and on Form 1040 or 1040-SR, line 2b. Note: If line 4 is over $1,500, you must complete Part III. Amount Part II 5 List name of payer Ordinary Dividends (See instructions and the instructions for Forms 1040 and 1040-SR, line 3b.) 5 Note: If you received a Form 1099-DIV or substitute statement from a brokerage firm, list the firm's name as the payer and enter the ordinary dividends shown 6 on that form. Add the amounts on line 5. Enter the total here and on Form 1040 or 1040-SR, line 3b 6 Note: if line 6 is over $1,500, you must complete Part III. Part III You must complete this part if you (a) had over $1,500 of taxable interest or ordinary dividends; (b) had a Yes No foreign account; or (c) received a distribution from, or were a grantor of, or a transferorto, a foreign trust. Foreign 7a At any time during 2019, did you have a financial interest in or signature authority over a financial Accounts account (such as a bank account, securities account, or brokerage account) located in a foreign and Trusts country? See Instructions. Caution of if "Yes," are you required to fille FinCEN Form 114, Report of Foreign Bank and Financial required, failure Accounts (FBAR), to report that financial interest or signature authority? See FinCEN Form 114 to file FinCEN and its instructions for filing requirements and exceptions to those requirements. Form 114 may result in b If you are required to file FinCEN Form 114, enter the name of the foreign country where the substantial financial account is located penalties. See 8 During 2019, did you receive a distribution from, or were you the grantor of, or transferor to, a instructions foreign trust? If "Yes." you may have to file Form 3520. See instructions. For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 17146N Schedule B (Form 1040 or 1040-SR) 2019 Qualified Dividends and Capital Gain Tax Worksheet (2019) See Form 1040 instructions for line 12a to see if the taxpayer can use this worksheet to compute the taxpayer's tax . Before completing this worksheet, complete Form 1040 through line 11b. If the taxpayer does not have to file Schedule D (Form 1040) and received capital gain distributions, be sure the box on line 6, Form 1040, is checked. 1) Enter the amount from Form 1040, line 11b. However, if filing Form 2555 (relating to foreign earned income), enter the amount from line 3 of the Foreign Earned Income Tax Worksheet 11 2) Enter the amount from Form 1040, line 32 2) 3) Is Schedule D being filed? Yes. Enter the smaller of line 15 or 16 of Schedule D. If either line 15 or line 16 is blank or a loss, enter-O- No. Enter the amount from Form 1040, line 6 4) Add lines 2 and 3. 4) 5) If filing Form 4952 (used to figure investment interest expense deduction), enter any amount from line 4g of that form. Otherwise, enter-O- 5) 6) Subtract lines from line 4. If zero or less, enter-O- 6) 7) Subtract line 6 from line 1. If zero or less, enter-O- 71 8) Enter: $39,375 if Single or Married Filing Separately. - $78,750 if Married Filing Jointly or Qualifying Widower), - $52,750 if Head of Household 8) 9) Enter the smaller of line 1 or line 8 91 10) Enter the smaller of line 7 or line 9. 101 11) Subtract line 10 from line 9. This amount is taxed at 0% 111 12) Enter the smaller of line 1 or line 6. 121 13) Enter the amount from line 11. 131 14) Subtract line 13 from line 12 141 15) Enter: $434,550 if Single $244,425 if Married Filing Separately, - $488,850 if Married Filing Jointly or Qualifying Widower). $461,700 if Head of Household 151 16) Enter the smaller of line 1 or line 15 161 17) Add lines 7 and 11 171 18) Subtract line 17 from line 16. If zero or less, enter -- 18] 19) Enter the smaller of line 14 or line 18 19) 20) Multiply line 19 by 15% (15) 201 21) Add lines 11 and 19. 211 22) Subtract line 21 from line 12 22] 23) Multiply line 22 by 20% (201 231 24) Compute the tax on the amount on line 7. If the amount on line 7 is less than $100,000, use the Tax Table to compute the tax. If the amount on line 7 is $100,000 or more, use the Tax Computation Worksheet. 241 25) Add lines 20,23 and 24. 251 26) Compute the tax on the amount on line 1. If the amount on line 1 is less than $100,000, use the Tax Table to compute the tax If the amount on line 1 is $100,000 or more, use the Tax Computation Worksheet.. 26] 27) Tax on all taxable income. Enter the smaller of line 25 or line 26. Also include this amount on Form 1090, line 12a. If filing Form 2555, do not enter this amount on Form 1040, line 122. Instead, enter it on line 4 of the Foreign Earned Income Tax Worksheet...... 271 * If you are filing Form 2555, see the footnote in the Foreign Earned Income Tax Worksheet before completing this line. Taals for Tax Pros The TaxBook 4/20/2021 2019 and 2020 Tax Brackets: Find Your Federal Tax Rate Schedules - TurboTax Tax Tips & Videos 2019 Tax Brackets and Tax Rates (for filing in 2020) Single If taxable income is over- SO $9,700 $39,475 $84,200 $160,725 $204,100 $510,300 but not over- $9,700 $39,475 $84.200 $160,725 S204,100 S510,300 no limit the tax is: 10% of the amount over $0 $970 plus 12% of the amount over $9,700 $4,543 plus 22% of the amount over $39,475 $14,382 plus 24% of the amount over $84,200 $32,748 plus 32% of the amount over $160,725 $46,628 plus 35% of the amount over S204,100 $153,798 plus 37% of the amount over S510,300 Married Filing Jointly or Qualifying Widow (Widower) If taxable income is over- but not over- the tax is: SO $19.400 10% of the amount over $0 $19.400 $78,950 $1,940 plus 12% of the amount over $19.400 $78,950 $168.400 89,086 plus 22% of the amount over $78,950 $168.400 $321,450 $28,765 plus 24% of the amount over $168,400 $321450 $408,200 $65,497 plus 32% of the amount over $321,450 $408.200 $612,350 $93,257 plus 35% of the amount over $408.200 $612,350 no limit $164,709 plus 37 % of the amount over $612,350 Married Filing Separately If taxable income is over- SO $9,700 $39,475 $84,200 $160,725 $204,100 $306,175 but not over- $9,700 $39,475 $84.200 S160,725 S204,100 5306,175 no limit the tax is: 10% of the amount over SO $970 plus 12% of the amount over $9,700 $4,543 plus 22% of the amount over $39,475 S14382.50 plus 24% of the amount over $84.200 $32,748.50 plus 32% of the amount over $160,725 $46,628 50 plus 35% of the amount over $204,100 $82,354.75 plus 37% of the amount over $306,175 Head of Household If taxable income is over- $0 $13,850 $52,850 $84,200 $160,700 $204,100 $510,300 but not over- $13,850 $52,850 $84,200 $160,700 $204,100 $510,300 no limit the tax is: 10% of the amount over $0 $1,385 plus 12% of the amount over $13,850 $6,065 plus 22% of the amount over $52,850 $12,962 plus 24% of the amount over $84,200 $31,322 plus 32% of the amount over $160,700 $45,210 plus 35% of the amount over $204,100 $152,380 plus 37% of the amount over $510,300