I just want to know how to fill out the form 1040 U.S. Individual Income Tax Return 2015

Week 3 Assignment --Tax Return Problem P5-58 Alfred E. Old and Beulah A. Crane, each age 42, married on September 7, 2013. Alfred and Beulah will file a joint return for 2015. Alfred's Social Security number is 111-11-1112. Beulah's Social Security number is 123-45-6789, 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 2013. 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 2015. In addition, in January 2015, Alfred pays Sarah $50,000, which is designated as being for her share of the marital property. Also, Alfred is responsible for all prior years' income taxes. Sarah's Social Security number is 123-45-6788. Alfred's salary for 2015 is $150,000, and his employer, Cherry, Inc. (Federal I.D. No. 98-7654321), provides him with group term life insurance equal to twice his annual salary. His employer withheld $24,900 for Federal income taxes and $8,000 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah recently graduated from law school and is employed by Legal Aid Society, Inc. (Federal I.D. No. 11-1111111), as a public defender. She receives a salary of $40,000 in 2015. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Beulah has $2,500 in qualified dividends on Yellow Corporation stock she inherited. Alfred and Beulah receive a $1,900 refund on their 2013 state income taxes. They itemized deductions on their 2014 Federal income tax return (total of $15,000). Alfred and Beulah pay $4,500 interest and $1,450 property taxes on their personal residence in 2014. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which they maintain the receipts. Both spouses had health insurance for all months of 2015 and do not want to contribute to the Presidential Election Campaign. Compute Form 1040 U.S. Individual Income Tax Return 2015 for Alfred E. Old and Beulah A. Old using the H&R BLOCK Tax Software. After you complete the Tax Return, submit only FORM 1040 in the Gradebook. Do not submit any of the accompanied Schedules & Forms or Tax Return computations. Note: Read the attached file, as it pertains, the numerical computations for the Tax Return and the accompanied 1040 Schedules A, and B Suggested software: H&R BLOCK Tax Software. Read the Tax Return computations below: P5-58. Gross income Salary ($150,000 + $40,000) Group term life insurance (Note 1) Dividends State tax refund (Note 2) Deductions for adjusted gross income Alimony paid (Note 3) Adjusted gross income Itemized deductions State income taxes ($8,000 + $2,400) (Note 4) Home mortgage interest Real estate taxes Cash contributions Personal and dependency exemptions ($4,000 2) Taxable income Tax on $152,950 (Note 5) Less: Tax withheld ($24,900 + $7,500) Net tax payable (or refund due) for 2015 $190,000 300 2,500 1,900 $194,700 (15,000) $179,700 $10,400 4,500 1,450 2,400 (18,750) (8,000) $152,950 $ 29,575 (32,400) ($ 2,825) Notes (1) Group term life insurance results in gross income for Alfred of $300 as follows: $300,000 $50,000 $.10 12 months = $300 $1,000 (2) Under the 111 tax benefit rule, Alfred and Beulah must include the $1,900 state tax refund in their gross income. They received a tax benefit from the deduction in 2014. (3) The $15,000 is deductible alimony. The $50,000 payment is a property settlement and is not deductible by Alfred. (4) The state income taxes paid of $10,400 exceed the sales taxes paid of $1,400. (5) The tax liability on taxable income of $152,950 is calculated using the Tax Rate Schedule for married filing jointly (applying the 15% rate for the qualified dividends of $2,500), and the amount is determined as follows: Tax on dividend income ($2,500 15%) Tax on remainder of $150,450 ($152,950 - $2,500) using the Tax Rate Schedule $ 375 29,200 $29,575