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I just need the answers for the blue and number boxes. I have some filled out, but I am not sure if they are correct.

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I just need the answers for the blue and number boxes. I have some filled out, but I am not sure if they are correct. Thank you so much!

Note: This problem is for the 2019 tax year. Logan B. Taylor is a widower whose wife, Sara, died on June 6, 2017. He lives at 4680 Dogwood Lane, Springfield, MO 65801. He is employed as a paralegal by a local law firm. During 2019, he had the following receipts: Salary $ 80,000 Interest income- Money market account at Omni Bank $300 Savings account at Boone State Bank 1,100 City of Springfield general purpose bonds 3,000 4,400 Inheritance from Daniel 60,000 Life insurance proceeds 200,000 Amount from sale of St. Louis lot 80,000 Proceeds from estate sale 9,000 Federal income tax refund (for 2018 tax overpayment) 700 Logan inherited securities worth $60,000 from his uncle, Daniel, who died in 2019. Logan also was the designated beneficiary of an insurance policy on Daniel's life with a maturity value of $200,000. The lot in St. Louis was purchased on May 2, 2014, for $85,000 and held as an investment. Because the neighborhood has deteriorated, Logan decided to cut his losses and sold the lot on January 5, 2019, for $80,000. The estate sale consisted largely of items belonging to Sara and Daniel (e.g., camper, boat, furniture, and fishing and hunting equipment). Logan estimates that the property sold originally cost at least twice the $9,000 he received and has declined or stayed the same in value since Sara and Daniel died. Logan's expenditures for 2019 include the following: Medical expenses (including $10,500 for dental) $11,500 Taxes- State of Missouri income tax (includes withholdings during 2019) $4,200 Property taxes on personal residence 4,500 8,700 Interest on home mortgage (Boone State Bank) 5,600 Contribution to church (paid pledges for 2019 and 2020) 4,800 While Logan and his dependents are covered by his employer's health insurance policy, he is subject to a deductible, and dental care is not included. The $10,500 dental charge was for Helen's implants. Helen is Logan's widowed mother, who lives with him (see below). Logan normally pledges $2,400 ($200 per month) each year to his church. On December 5, 2019, upon the advice of his pastor, he prepaid his pledge for 2020. Logan's household, all of whom he supports, includes the following: Social Security Number Birth Date Logan Taylor (age 48) 123-45-6787 08/30/1971 Helen Taylor (age 70) 123-45-6780 01/13/1949 Asher Taylor (age 23) 123-45-6783 07/18/1996 Mia Taylor (age 22) 123-45-6784 02/16/1997 Helen receives a modest Social Security benefit. Asher, a son, is a full-time student in dental school and earns $4,500 as a part-time dental Helen receives a modest Social Security benefit. Asher, a son, is a full-time student in dental school and earns $4,500 as a part-time dental assistant. Mia, a daughter, does not work and is engaged to be married. Federal income tax of $4,500 was withheld from his wages. Required: . Compute Logan's income tax for 2019. If Logan has any overpayment on his income tax, he wants the refund sent to him. Assume that the proper amounts of Social Security and Medicare taxes were withheld. Logan does not own and did not use any virtual currency during the year, and he does not want to contribute to the Presidential Election Campaign Fund. Make realistic assumptions about any missing data. Enter all amounts as positive numbers except any losses. Use the minus sign to indicate a loss. If an amount box does not require an entry or the answer is zero, enter "0". It may be necessary to complete the other tax schedules before completing Form 1040. Use the included tax rate schedules to compute the tax. When computing the tax liability, do not round your immediate calculations. If required round your final answers to the nearest dollar. . . Complete Form 1040 below for Logan Taylor. Form Department of the Treasury-Internal Revenue Service (99) 1040 U.S. Individual Income Tax Return 2019 OMB No. 1545-0074 IRS Use Only Filing Status Qualifying widow(er) (QW) Your first name and middle initial Last name Your social security number 123-45-6787 Logan B. Taylor If joint return, spouse's first name and middle initial Last name Spouse's social security number Apt. no. Presidential Election Home address (number and street). If you have a P.O. box, see instructions. 4680 Dogwood Lane City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see instructions). Springfield, MO 65801 Campaign Check here if you, or your spouse if filing jointly, want $3 to go to this fund. Checking a box below will not change your tax or refund. None Foreign country name Foreign province/state/county Foreign postal code If more than four dependents, see instructions and here Standard Someone can claim: None Deduction Standard Someone can claim: None Deduction You: None Age/Blindness Spouse: None Dependents (see instructions): (2) Social security number (3) Relationship to you (4) V if qualifies for (see instructions): (1) First name Last name Child tax credit Credit for other dependents Helen Taylor 123-45-6780 Parent No Yes Asher Taylor 123-45-6783 Child No Yes Mia Taylor 123-45-6784 Child No Yes 1 Wages, salaries, tips, etc. Attach Form(s) W-2 .. 1 80,000 b Taxable interest. Attach Sch. B 2a Tax-exempt interest .. 2a 63,000 if required 2b 1,400 Standard b 3a Qualified dividends 3a Ordinary dividends. Attach Sch. B if required 3b 4a IRA distributions .... 4a b Taxable amount ., 4b Deduction for- Single or Married filing separately, $12,200 Married filing Pensions and annuities 4c d Taxable amount 4d 5a Social security benefits 5a b Taxable amount .. 5b if required 20 Standard b 3a Qualified dividends . 3a Ordinary dividends. Attach Sch. B if required 3b 4a IRA distributions 4a b Taxable amount. 4b Pensions and annuities 4c d Taxable amount 4d 5a Social security benefits 5a b Taxable amount. 5b 6 Capital gain or (loss). Attach Schedule D if required. If not required, check here ... 6 Deduction for- Single or Married filing separately, $12,200 Married filing jointly or Qualifying widow(er), $24,400 Head of household, $18,350 If you checked any box under Standard Deduction, see instructions. 7a Other income from Schedule 1, line 9 7a b Add lines 2b, 3b, 46, 40, 6, and 7a. This is your total income. 7b 8a Adjustments to income from Schedule 1, line 22 8a b Subtract line 8a from line 7b. This is your adjusted gross income 8b 9 Standard deduction or itemized deductions (from Schedule A). Qualified business income deduction. Attach Form 8995 or Form 8995-A.... 10 10 11a Add lines 9 and 10. 11a b Taxable income. Subtract line 11a from line 8b. If zero or less, enter -0-... 11b BAA For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Form 1040 (2019) Form 1040 (2019) Logan B. Taylor 123-45-6787 Page 2 12a Tax (see inst.) Check if any from Form(s): 1 0 8814 2 0 4972 3 O 12a b Add Schedule 2, line 3, and line 12a and enter the total 12b 13a Child tax credit or credit for other dependents 13a b Add Schedule 3, line 7, and line 13a and enter the total 13b 14 Subtract line 13b from line 12b. If zero or less, enter -0- 14 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 18 Other payments and refundable credits: . a Earned income credit (EIC). 18a If you have a qualifying child, attach Sch. EIC. If you have nontaxable combat pay, see instructions. b Additional child tax credit. Attach Schedule 8812 18b C American opportunity credit from Form 8863, line 8 18c d Schedule 3, line 14 18d e Add lines 18a through 18d. These are your total other payments and refundable e Add lines 18a through 18d. These are your total other payments and refundable credits. 18e 19 Add lines 17 and 18e. These are your total payments 19 20 Refund If line 19 is more than line 16, subtract line 16 from line 19. This is the amount you overpaid ... 20 21a Amount of line 20 you want refunded to you. If Form 8888 is attached, check here o 21a Direct deposit? b Routing number c Type: Checking Savings See instructions. d Account number 22 Amount of line 20 you want applied to your 2020 estimated tax . . .. 22 23 Amount you owe. Subtract line 19 from line 16. For details on how to pay, see Amount instructions. 23 You Owe 24 Estimated tax penalty (see instructions) 24 Third Party Yes. Complete below. Do you want to allow another person (other than your paid preparer) to discuss this return with the IRS? See instructions. > No Designee Designee's Phone Personal identification (Other than paid preparer) name no. number (PIN) Under nenalties of periury I declare that I have evamined this return and accomnanying schedules and statements and Note: This problem is for the 2019 tax year. Logan B. Taylor is a widower whose wife, Sara, died on June 6, 2017. He lives at 4680 Dogwood Lane, Springfield, MO 65801. He is employed as a paralegal by a local law firm. During 2019, he had the following receipts: Salary $ 80,000 Interest income- Money market account at Omni Bank $300 Savings account at Boone State Bank 1,100 City of Springfield general purpose bonds 3,000 4,400 Inheritance from Daniel 60,000 Life insurance proceeds 200,000 Amount from sale of St. Louis lot 80,000 Proceeds from estate sale 9,000 Federal income tax refund (for 2018 tax overpayment) 700 Logan inherited securities worth $60,000 from his uncle, Daniel, who died in 2019. Logan also was the designated beneficiary of an insurance policy on Daniel's life with a maturity value of $200,000. The lot in St. Louis was purchased on May 2, 2014, for $85,000 and held as an investment. Because the neighborhood has deteriorated, Logan decided to cut his losses and sold the lot on January 5, 2019, for $80,000. The estate sale consisted largely of items belonging to Sara and Daniel (e.g., camper, boat, furniture, and fishing and hunting equipment). Logan estimates that the property sold originally cost at least twice the $9,000 he received and has declined or stayed the same in value since Sara and Daniel died. Logan's expenditures for 2019 include the following: Medical expenses (including $10,500 for dental) $11,500 Taxes- State of Missouri income tax (includes withholdings during 2019) $4,200 Property taxes on personal residence 4,500 8,700 Interest on home mortgage (Boone State Bank) 5,600 Contribution to church (paid pledges for 2019 and 2020) 4,800 While Logan and his dependents are covered by his employer's health insurance policy, he is subject to a deductible, and dental care is not included. The $10,500 dental charge was for Helen's implants. Helen is Logan's widowed mother, who lives with him (see below). Logan normally pledges $2,400 ($200 per month) each year to his church. On December 5, 2019, upon the advice of his pastor, he prepaid his pledge for 2020. Logan's household, all of whom he supports, includes the following: Social Security Number Birth Date Logan Taylor (age 48) 123-45-6787 08/30/1971 Helen Taylor (age 70) 123-45-6780 01/13/1949 Asher Taylor (age 23) 123-45-6783 07/18/1996 Mia Taylor (age 22) 123-45-6784 02/16/1997 Helen receives a modest Social Security benefit. Asher, a son, is a full-time student in dental school and earns $4,500 as a part-time dental Helen receives a modest Social Security benefit. Asher, a son, is a full-time student in dental school and earns $4,500 as a part-time dental assistant. Mia, a daughter, does not work and is engaged to be married. Federal income tax of $4,500 was withheld from his wages. Required: . Compute Logan's income tax for 2019. If Logan has any overpayment on his income tax, he wants the refund sent to him. Assume that the proper amounts of Social Security and Medicare taxes were withheld. Logan does not own and did not use any virtual currency during the year, and he does not want to contribute to the Presidential Election Campaign Fund. Make realistic assumptions about any missing data. Enter all amounts as positive numbers except any losses. Use the minus sign to indicate a loss. If an amount box does not require an entry or the answer is zero, enter "0". It may be necessary to complete the other tax schedules before completing Form 1040. Use the included tax rate schedules to compute the tax. When computing the tax liability, do not round your immediate calculations. If required round your final answers to the nearest dollar. . . Complete Form 1040 below for Logan Taylor. Form Department of the Treasury-Internal Revenue Service (99) 1040 U.S. Individual Income Tax Return 2019 OMB No. 1545-0074 IRS Use Only Filing Status Qualifying widow(er) (QW) Your first name and middle initial Last name Your social security number 123-45-6787 Logan B. Taylor If joint return, spouse's first name and middle initial Last name Spouse's social security number Apt. no. Presidential Election Home address (number and street). If you have a P.O. box, see instructions. 4680 Dogwood Lane City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see instructions). Springfield, MO 65801 Campaign Check here if you, or your spouse if filing jointly, want $3 to go to this fund. Checking a box below will not change your tax or refund. None Foreign country name Foreign province/state/county Foreign postal code If more than four dependents, see instructions and here Standard Someone can claim: None Deduction Standard Someone can claim: None Deduction You: None Age/Blindness Spouse: None Dependents (see instructions): (2) Social security number (3) Relationship to you (4) V if qualifies for (see instructions): (1) First name Last name Child tax credit Credit for other dependents Helen Taylor 123-45-6780 Parent No Yes Asher Taylor 123-45-6783 Child No Yes Mia Taylor 123-45-6784 Child No Yes 1 Wages, salaries, tips, etc. Attach Form(s) W-2 .. 1 80,000 b Taxable interest. Attach Sch. B 2a Tax-exempt interest .. 2a 63,000 if required 2b 1,400 Standard b 3a Qualified dividends 3a Ordinary dividends. Attach Sch. B if required 3b 4a IRA distributions .... 4a b Taxable amount ., 4b Deduction for- Single or Married filing separately, $12,200 Married filing Pensions and annuities 4c d Taxable amount 4d 5a Social security benefits 5a b Taxable amount .. 5b if required 20 Standard b 3a Qualified dividends . 3a Ordinary dividends. Attach Sch. B if required 3b 4a IRA distributions 4a b Taxable amount. 4b Pensions and annuities 4c d Taxable amount 4d 5a Social security benefits 5a b Taxable amount. 5b 6 Capital gain or (loss). Attach Schedule D if required. If not required, check here ... 6 Deduction for- Single or Married filing separately, $12,200 Married filing jointly or Qualifying widow(er), $24,400 Head of household, $18,350 If you checked any box under Standard Deduction, see instructions. 7a Other income from Schedule 1, line 9 7a b Add lines 2b, 3b, 46, 40, 6, and 7a. This is your total income. 7b 8a Adjustments to income from Schedule 1, line 22 8a b Subtract line 8a from line 7b. This is your adjusted gross income 8b 9 Standard deduction or itemized deductions (from Schedule A). Qualified business income deduction. Attach Form 8995 or Form 8995-A.... 10 10 11a Add lines 9 and 10. 11a b Taxable income. Subtract line 11a from line 8b. If zero or less, enter -0-... 11b BAA For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Form 1040 (2019) Form 1040 (2019) Logan B. Taylor 123-45-6787 Page 2 12a Tax (see inst.) Check if any from Form(s): 1 0 8814 2 0 4972 3 O 12a b Add Schedule 2, line 3, and line 12a and enter the total 12b 13a Child tax credit or credit for other dependents 13a b Add Schedule 3, line 7, and line 13a and enter the total 13b 14 Subtract line 13b from line 12b. If zero or less, enter -0- 14 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 18 Other payments and refundable credits: . a Earned income credit (EIC). 18a If you have a qualifying child, attach Sch. EIC. If you have nontaxable combat pay, see instructions. b Additional child tax credit. Attach Schedule 8812 18b C American opportunity credit from Form 8863, line 8 18c d Schedule 3, line 14 18d e Add lines 18a through 18d. These are your total other payments and refundable e Add lines 18a through 18d. These are your total other payments and refundable credits. 18e 19 Add lines 17 and 18e. These are your total payments 19 20 Refund If line 19 is more than line 16, subtract line 16 from line 19. This is the amount you overpaid ... 20 21a Amount of line 20 you want refunded to you. If Form 8888 is attached, check here o 21a Direct deposit? b Routing number c Type: Checking Savings See instructions. d Account number 22 Amount of line 20 you want applied to your 2020 estimated tax . . .. 22 23 Amount you owe. Subtract line 19 from line 16. For details on how to pay, see Amount instructions. 23 You Owe 24 Estimated tax penalty (see instructions) 24 Third Party Yes. Complete below. Do you want to allow another person (other than your paid preparer) to discuss this return with the IRS? See instructions. > No Designee Designee's Phone Personal identification (Other than paid preparer) name no. number (PIN) Under nenalties of periury I declare that I have evamined this return and accomnanying schedules and statements and

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