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Income Tax Return 2019 Ethan and Zoe Wilson are married and have one child, Kimberly. Ethan is putting together some figures so that he can
Income Tax Return 2019 Ethan and Zoe Wilson are married and have one child, Kimberly. Ethan is putting together some figures so that he can prepare the Wilson's joint 2019 income tax return. So far, he's been able to determine the following with regard to income and possible deductions: Description Amount Income? Possible No tax Deduction? significance (NTS) $ 1,155 Total unreimbursed medical expenses incurred Gross Wages and commissions earned by Ethan Roth IRA Contribution 50,770 5,000 Mortgage Interest paid 15,200 1,450 Capital gains realized on assets help less than 12 months 52,315 Gross Wages earned by Zoe Interest paid on credit cards 380 Dividend and interest income earned 610 Sales taxes paid 2,470 Charitable contributions made 2,200 Capital loss realized 3,475 570 6.000 2,750 Interest paid on a car loan Alimony paid by Ethan to his first wife Social Security taxes paid Property Taxes paid State Income taxes paid Interest paid on student loans 2,700 3,200 1,540 Given the above information, answer the questions below: 1. What is the Wilson's total Income? 2. What is the amount shown on Schedule 1 Form 1040 line 9? 3. What is the amount shown on Schedule 1 Form 1040 line 22
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