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I have all the numbers I'm just not sure where to plug them in on the form. Required information [The following information applies to the

I have all the numbers I'm just not sure where to plug them in on the form.

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Required information [The following information applies to the questions displayed below.) Ken is 63 years old and unmarried. He retired at age 55 when he sold his business, Understock.com. Though Ken is retired, he is still very active. Ken reported the following financial information this year. Assume Ken files as a single taxpayer. a. Ken won $1,200 in an illegal game of poker (the game was played in Utah, where gambling is illegal). b. Ken sold 1,000 shares of stock for $32 a share. He inherited the stock two years ago. His tax basis (or investment in the stock was $31 per share. c. Ken received $25,000 from an annuity he purchased eight years ago. He purchased the annuity, to be paid annually for 20 years, for $210,000. d. Ken received $13,000 in disability benefits for the year. He purchased the disability insurance policy last year. e. Ken decided to go back to school to learn about European history. He received a $500 cash scholarship to attend. He used $300 to pay for his books and tuition, and he applied the rest toward his new car payment. f. Ken's son, Mike, instructed his employer to make half of his final paycheck of the year payable to Ken as a gift from Mike to Ken. Ken received the check on December 30 in the amount of $1,100. g. Ken received a $610 refund of the $3,600 in state income taxes his employer withheld from his pay last year. Ken claimed $12,050 in itemized deductions last year (the standard deduction for a single filer was $12,000). h. Ken received $30,000 of interest from corporate bonds and money market accounts. Determine Ken's gross income. Gross income $ 46,950 12HD 10) 45353 | |196) abo () 1000 6 44 6) Page 2 4a Form 1040 (2018) Wages, salaries, tips, etc. Attach Form(s) W-2 22 Tax-exempt interest b Taxable interest Atlach Toms W 2. Also attach 3a Qualified dividends. . b Ordinary dividends Fors) W-2G and 1099- R lax was RAS, pensions, and annuities b Taxable amount Social security benefits b Taxable amount Total income. Add lines through 5. Add any amount from Schedule 1, line 22 Adjusted gross income. If you have no adjustments to income, enter the amount from line Standard subtract Schedule 1. line 36, from line 6 Deduction for 8 Standard deduction or itemized deductions from Schedule Single or married fing separately. Qualified business income deduction (see instructions) $12.000 Taxable income. Subtract lines 8 and 9 from line 7. If zero or less, enter-O- Mamed filing pointly or Quiltyng 11 a Tax (see inst.) check if any from: 1 Form) 8214 2 Form 4972 3 wklower $24,000 b Add any amount from Schedule 2 and check here Head of a Child tax credit credit for other dependents Add any amount from Schedule 3 and check here househo, $18,000 Subtract line 12 from line 11. If zero or less, enter-O you checked Other taxes. Attach Schedule 4. any box under Total tax. Add Ines 13 and 14 deduction Federal income tax withheld from Forms W-2 and 1099 see instructions Refundable credits: a BC (see inst.) b Sch. 8812 c Form 8863 Add any amount from Schedule 5 Add lines 16 and 17. These are your total payments Refund If line 18 is more than line 15, subtract line 15 from line 18. This is the amount your overpaid Amount of line 19 you want refunded to you. If Form 8888 is attached, check here Direct deposit? Routing number c Type: Checking Savings d Account number 21 Amount of line 19 you want applied to your 2019 estimated tax Amount You Owe 22 Amount you owe. Subtract line 18 from line 15. For details on how to pay, see instructions 23 Estimated tax penalty (see instructions) Go to www.irs.gov/Form1040 for instructions and the latest information. Standard 200 b See instructions Form 1040 (2018)

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