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I just need help with line 12a, 12b, 14, 16, 20, 21. If not all pls help me with just 12a & 12b please ...

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I just need help with line 12a, 12b, 14, 16, 20, 21. If not all pls help me with just "12a & 12b" please

... - Alfred Old and teulah A. Crane, each age 42. married on September 7, 2017. Alfred and Beulah will he joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6700, and she adopted "old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304 Alfred was divorced from Sarah Old in March 2016. Under the divorce agreement Alfred is to pay Sarah 1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15.000 in 2019. In addition, in January 2019. Alfred pays Sarah 550.000, which is designated as being for her share of the marital property. Also, Alfred s responsible for all prior years income taxes Sarah's Social Security numbers 123-45-6700 Alfred's salary for 2015 1 550.000. He is an executive working for cherry, Inc. (Federal 1.D. NO. 98-7654321). As part of his compensation package, Cherry provides him with group term fe insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and 58.000 for state income taxes. The proper amounts were withheld for FICA taxes Beulah recently graduated from law school and samplayed by Legal Aid Society, Inc. (Federal LD. NO. 11-311911), a pubile defender She receives a salary of 542.000 in 2019. Her employer withhold $7.500 for Federal income taxes and 52.400 for state income taxes. The proper amounts were withheld for ICA taxes Alfred and Beulah had interest income of $500. Alfred and Beulah receive a $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4.500 interest and $1.450 property taxes on their personal residence in 2019. Their charitable contributione total 52,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Both spouses had health insurance for all of 2019 and they do not want to contribute to the Presidential Election Campaign Required: Compute the Olds net tax payable cor refund due) for 2019. Use Form 1040 and schedule 1 to complete this tax return . It may be necessary to complete the tax schedule and worksheet before completing Form 1040. Enter all amounts as positive numbers. If an amount box does not require an entry or the answer is zero, entero". Make realistic assumptions about any missing data. When computing the tax liability, do not round your immediate calculations. If required round your final answers to the nearest dollar Use the 2019 Tax Rate Schedule provided. Do not use the Tax Tables | 1 192,000 b 20 SOO 3b 45 4d 5b 6 7a 1 Wages, salaries, tips, etc. Attach Form(s) W-2... Taxable interest. Attach Sch. B 2a Tax-exempt interest 2a if required Standard b Ordinary dividends. Attach 3a Qualified dividends 3a Deduction for Sch. B If required Single or 4a IRA distributions. 4a b Taxable amount.. Married ning separately, . c Pensions and annuities 46 d Taxable amount $12.200 Sa Social security benefits b Taxable amount - Married filing jointly or Capital gain or (less). Attach Schedule D if required. If not required, check here Qualifying widower). 7a Other income from Schedule 1. line 9. + $24,400 - Head of 6 264, 5, 6 Add lines 1, 2, 3, 45, 46, Sb. 6. and 7a. This is your total income household $18.350 8a Adjustments to income from Schedule 1, line 22.. If you checked any box under Subtract line Ba from line 7b. This is your adjusted gross income Standard Standard deduction or itemized deductions (from Deduction, see Schedule A) . 24,400 Instructions 10 Qualified business income deduction. Attach Form 1995 or Form 1995-A.............. 10 110 Add lines 9 and 10 Taxable income. Subtract line 11a from line ob. If zero or less, enter-O-.... BAA For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. 300 192,BOO 7b Ba 15,000 8b 177,800 11a 24,400 11b 153,400 Form 1040 (2019) Form 1040 (2010) Alfred E. and Beulah A. Old 111-11-1109 Page 2 Page 2 26,133 X 15 15 20,139 X 32.400 Form 1040 (2019) Alfred E. and Beulah A. Old 11:11 LOS 12a Tax (see inst. Check it any from Form(s): 1 0014 24972 20,133 x t Add schedule 2. in 3. and line 2a and enter the total 12b 13a Child tax credit or credit for other dependents .......... 13 b Add Schedules, line 7, and line 13a and enter the total 13b Subtract line 135 From nne 12b. It zero or less, enter -- 14 Other tanes, including self-employment tan from Schedule 2 line 10 16 Add lines 14 and 15. This is your total tax 10 17 Federat income tax withheld from Form W-2 and 1099 17 - Ir you have a 11 other payments and refundable credits qualifying child attach Sch. FIC - Earned Income credit (BIC).... . If you have to Additional child tax credit. Attach Schedule Baia nontaxable combat pay, we c American opportunity credit from Farm 2063, line instructions d Schedule 3 line 14 nd . Add line 16a through 180. These are your total other payments and refundable credits Add lines 17 and 18: These are your total payments 20 ir line 19 is more than one 16. subtract line 16 from line 19. This is the amount you overpaid 210 Amount of line 20 you want refunded to you. Ir Form 6888 is attached, check here 21 Direct deposit Routing number IT Type: Checking Checking Savings See instructions. d 1 ota 18 22.400 Refund 20 6,267 x 0,207 X Account number III ... - Alfred Old and teulah A. Crane, each age 42. married on September 7, 2017. Alfred and Beulah will he joint return for 2019. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6700, and she adopted "old" as her married name. They live at 211 Brickstone Drive, Atlanta, GA 30304 Alfred was divorced from Sarah Old in March 2016. Under the divorce agreement Alfred is to pay Sarah 1,250 per month for the next 10 years or until Sarah's death, whichever occurs first. Alfred pays Sarah $15.000 in 2019. In addition, in January 2019. Alfred pays Sarah 550.000, which is designated as being for her share of the marital property. Also, Alfred s responsible for all prior years income taxes Sarah's Social Security numbers 123-45-6700 Alfred's salary for 2015 1 550.000. He is an executive working for cherry, Inc. (Federal 1.D. NO. 98-7654321). As part of his compensation package, Cherry provides him with group term fe insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and 58.000 for state income taxes. The proper amounts were withheld for FICA taxes Beulah recently graduated from law school and samplayed by Legal Aid Society, Inc. (Federal LD. NO. 11-311911), a pubile defender She receives a salary of 542.000 in 2019. Her employer withhold $7.500 for Federal income taxes and 52.400 for state income taxes. The proper amounts were withheld for ICA taxes Alfred and Beulah had interest income of $500. Alfred and Beulah receive a $1,900 refund on their 2018 state income taxes. They claimed the standard deduction on their 2018 Federal income tax return. Alfred and Beulah pay $4.500 interest and $1.450 property taxes on their personal residence in 2019. Their charitable contributione total 52,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Both spouses had health insurance for all of 2019 and they do not want to contribute to the Presidential Election Campaign Required: Compute the Olds net tax payable cor refund due) for 2019. Use Form 1040 and schedule 1 to complete this tax return . It may be necessary to complete the tax schedule and worksheet before completing Form 1040. Enter all amounts as positive numbers. If an amount box does not require an entry or the answer is zero, entero". Make realistic assumptions about any missing data. When computing the tax liability, do not round your immediate calculations. If required round your final answers to the nearest dollar Use the 2019 Tax Rate Schedule provided. Do not use the Tax Tables | 1 192,000 b 20 SOO 3b 45 4d 5b 6 7a 1 Wages, salaries, tips, etc. Attach Form(s) W-2... Taxable interest. Attach Sch. B 2a Tax-exempt interest 2a if required Standard b Ordinary dividends. Attach 3a Qualified dividends 3a Deduction for Sch. B If required Single or 4a IRA distributions. 4a b Taxable amount.. Married ning separately, . c Pensions and annuities 46 d Taxable amount $12.200 Sa Social security benefits b Taxable amount - Married filing jointly or Capital gain or (less). Attach Schedule D if required. If not required, check here Qualifying widower). 7a Other income from Schedule 1. line 9. + $24,400 - Head of 6 264, 5, 6 Add lines 1, 2, 3, 45, 46, Sb. 6. and 7a. This is your total income household $18.350 8a Adjustments to income from Schedule 1, line 22.. If you checked any box under Subtract line Ba from line 7b. This is your adjusted gross income Standard Standard deduction or itemized deductions (from Deduction, see Schedule A) . 24,400 Instructions 10 Qualified business income deduction. Attach Form 1995 or Form 1995-A.............. 10 110 Add lines 9 and 10 Taxable income. Subtract line 11a from line ob. If zero or less, enter-O-.... BAA For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. 300 192,BOO 7b Ba 15,000 8b 177,800 11a 24,400 11b 153,400 Form 1040 (2019) Form 1040 (2010) Alfred E. and Beulah A. Old 111-11-1109 Page 2 Page 2 26,133 X 15 15 20,139 X 32.400 Form 1040 (2019) Alfred E. and Beulah A. Old 11:11 LOS 12a Tax (see inst. Check it any from Form(s): 1 0014 24972 20,133 x t Add schedule 2. in 3. and line 2a and enter the total 12b 13a Child tax credit or credit for other dependents .......... 13 b Add Schedules, line 7, and line 13a and enter the total 13b Subtract line 135 From nne 12b. It zero or less, enter -- 14 Other tanes, including self-employment tan from Schedule 2 line 10 16 Add lines 14 and 15. This is your total tax 10 17 Federat income tax withheld from Form W-2 and 1099 17 - Ir you have a 11 other payments and refundable credits qualifying child attach Sch. FIC - Earned Income credit (BIC).... . If you have to Additional child tax credit. Attach Schedule Baia nontaxable combat pay, we c American opportunity credit from Farm 2063, line instructions d Schedule 3 line 14 nd . Add line 16a through 180. These are your total other payments and refundable credits Add lines 17 and 18: These are your total payments 20 ir line 19 is more than one 16. subtract line 16 from line 19. This is the amount you overpaid 210 Amount of line 20 you want refunded to you. Ir Form 6888 is attached, check here 21 Direct deposit Routing number IT Type: Checking Checking Savings See instructions. d 1 ota 18 22.400 Refund 20 6,267 x 0,207 X Account number

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