I really need help with this question!!!

PLEASE HELP!!!

John R. Lane (SSN 123-44-6666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a single taxpayer, age 66, has no dependents. John is a self-employed accountant who sees and consults his clients exclusively at his home office. Other relevant information includes: Earnings from his consulting business: $95,000 Taxable pension $21,000 Interest income (treasury bonds) $500 Interest income (municipal bonds) $450 Life insurance payment to John $50,000 (John was a beneficiary on his fathers life insurance policy and received a lump sum payment equal to the policy face value) Personal Expenses (from Schedule A (see below*)) * Other expenses (from Schedule C (see below **)) ** Gain or Loss on sale of a house (see below ***) *** Tax Withholdings (prepayments) $7,000 * Personal expenses:

- Doctor visits for physical and dental exams $ 4,500 - Prescription drugs $ 2,770 - Vitamins $ 830 - Medical insurance premium payments $10,500 - Cosmetic surgery to improve appearance $ 6,650 - State and local income taxes $ 8,000 - State property taxes $ 4,500 - Legal fees to prepare a will $ 2,500 - Accounting fees for Form A analysis $ 1,300 - Interest on mortgage used to purchase qualified residence; the mortgage amount is $350,000) $12,250

** Other expenses:

- Legal fees for business conflict resolution $10,000 - Political contributions to local organization $ 3,000 - Home office expenses (John is using one of his rooms for home office where he exclusively is meeting with clients and conducts relating administrative and managerial tasks) $12,000 - Travel expenses (John spent 5 days at the travel destination taking care of his consulting business and 3 days for pleasure) Airfare $1,600 Hotel - $150 per night Meals - $50 per day - Lunches and dinners with customers to discuss business $4,600 - Continuing education to retain Johns license $ 800

*** Gain or loss (short term or long term) on the house sale: - John purchased a house in May 2006 for $300,000 - He added basement for $40,000 - He repainted roof for $3,000 - He repaired 3 broken doors (but not the home office door) for $2,000 - John sold the house in February 2019 whereas the buyer paid $220,000 in cash and assumed remaining mortgage on the house of $75,000. - Depreciation allowed and taken as a business expense: $70,000

Complete Individual Federal Income Tax Return (Form 1040) for the year ending December 31, 2019.

1 2a 2b 2a 3b 4b 4c 4d c 5a 5b Wages, salaries, tips, etc. Attach Form(s) W-2 . . . . . Tax-exempt interest. . . . b Taxable interest. Attach Sch. B if required Qualified dividends . . . . b Ordinary dividends. Attach Sch. B if required IRA distributions. . . . . 4a b Taxable amount . . . . . Pensions and annuities. . d Taxable amount . . . . . . Social security benefits. . . 5a b Taxable amount Capital gain or (loss). Attach Schedule D if required. If not required, check here . . . . . Other income from Schedule 1, line 9 . . . . . . . . . . . . . .. Add lines 1, 2b, 3b, 4b, 4d, 5b, 6, and 7a. This is your total income . . . . . Adjustments to income from Schedule 1, line 22 Subtract line 8a from line 7b. This is your adjusted gross income . . . Standard deduction or itemized deductions (from Schedule A) . . . Qualified business income deduction. Attach Form 8995 or Form 8995-A . . . 10 7a 7 b 7b 8 8b 10 11a . . 11a Add lines 9 and 10 . . . . . . . . . . . . . . Taxable income. Subtract line 11a from line 8b. If zero or less, enter - - . . . . . . . . . . . . . . . . b . 11b . 12b 13b 14 15 . . . . . . . . . 16 17 . 12a Tax (see inst.) Check if any from Form(s): 1 0 8814 2 0 4972 3 D 12a b Add Schedule 2, line 3, and line 12a and enter the total . . . . . . 13a Child tax credit or credit for other dependents . . . . . . . . . . 13a b Add Schedule 3, line 7, and line 13a and enter the total 14 Subtract line 13b from line 12b. If zero or less, enter - - . . 15 Other taxes, including self-employment tax, from Schedule 2, line 10 . . . . . . . . 16 Add lines 14 and 15. This is your total tax . . . . . . . . . . . . . . . 17 Federal income tax withheld from Forms W-2 and 1099 . . . . . . . . . . . 18 Other payments and refundable credits: Earned income credit (EIC) . . . . . . . . . . . . . . . 18a b Additional child tax credit. Attach Schedule 8812 . . . . . . . . . 18b c American opportunity credit from Form 8863, line 8 . . . . . . . . 180 d Schedule 3, line 14 . . . . . . . . . . . . . . . . . 18d e Add lines 18a through 18d. These are your total other payments and refundable credits . . 19 Add lines 17 and 18e. These are your total payments . 20 If line 19 is more than line 16, subtract line 16 from line 19. This is the amount you overpaid. . 21a Amount of line 20 you want refunded to you. If Form 8888 is attached, check here . . . . b Routing number c Type: Checking 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 instructions. 24 Estimated tax penalty (see instructions) . . . . . . . . . . . 24 . . . 18e 19 20 . . . . . . U Savings 21a . 23 1 2a 2b 2a 3b 4b 4c 4d c 5a 5b Wages, salaries, tips, etc. Attach Form(s) W-2 . . . . . Tax-exempt interest. . . . b Taxable interest. Attach Sch. B if required Qualified dividends . . . . b Ordinary dividends. Attach Sch. B if required IRA distributions. . . . . 4a b Taxable amount . . . . . Pensions and annuities. . d Taxable amount . . . . . . Social security benefits. . . 5a b Taxable amount Capital gain or (loss). Attach Schedule D if required. If not required, check here . . . . . Other income from Schedule 1, line 9 . . . . . . . . . . . . . .. Add lines 1, 2b, 3b, 4b, 4d, 5b, 6, and 7a. This is your total income . . . . . Adjustments to income from Schedule 1, line 22 Subtract line 8a from line 7b. This is your adjusted gross income . . . Standard deduction or itemized deductions (from Schedule A) . . . Qualified business income deduction. Attach Form 8995 or Form 8995-A . . . 10 7a 7 b 7b 8 8b 10 11a . . 11a Add lines 9 and 10 . . . . . . . . . . . . . . Taxable income. Subtract line 11a from line 8b. If zero or less, enter - - . . . . . . . . . . . . . . . . b . 11b . 12b 13b 14 15 . . . . . . . . . 16 17 . 12a Tax (see inst.) Check if any from Form(s): 1 0 8814 2 0 4972 3 D 12a b Add Schedule 2, line 3, and line 12a and enter the total . . . . . . 13a Child tax credit or credit for other dependents . . . . . . . . . . 13a b Add Schedule 3, line 7, and line 13a and enter the total 14 Subtract line 13b from line 12b. If zero or less, enter - - . . 15 Other taxes, including self-employment tax, from Schedule 2, line 10 . . . . . . . . 16 Add lines 14 and 15. This is your total tax . . . . . . . . . . . . . . . 17 Federal income tax withheld from Forms W-2 and 1099 . . . . . . . . . . . 18 Other payments and refundable credits: Earned income credit (EIC) . . . . . . . . . . . . . . . 18a b Additional child tax credit. Attach Schedule 8812 . . . . . . . . . 18b c American opportunity credit from Form 8863, line 8 . . . . . . . . 180 d Schedule 3, line 14 . . . . . . . . . . . . . . . . . 18d e Add lines 18a through 18d. These are your total other payments and refundable credits . . 19 Add lines 17 and 18e. These are your total payments . 20 If line 19 is more than line 16, subtract line 16 from line 19. This is the amount you overpaid. . 21a Amount of line 20 you want refunded to you. If Form 8888 is attached, check here . . . . b Routing number c Type: Checking 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 instructions. 24 Estimated tax penalty (see instructions) . . . . . . . . . . . 24 . . . 18e 19 20 . . . . . . U Savings 21a . 23