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Instructions Form 1040 Schedule 1 Uniform Premiums for Group Term Life Insurance 2018 Tax Rate Schedules Instructions Note: This problem is for the 2018 tax

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Instructions Form 1040 Schedule 1 Uniform Premiums for Group Term Life Insurance 2018 Tax Rate Schedules Instructions Note: This problem is for the 2018 tax year. Only Alfred E. Old and Beulah A. Crane, each age 42, married on September 7, 2016. Alfred and Beulah will file a joint return for 2018. Alfred's Social Security number is 111-11-1109. Beulah's Social Security number is 123-45-6780, 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 2018. In addition, in January 2018, 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 2018 is $150,000. He is an executive Jvorking for Cherry, Inc. (Federal 1.D. NO. 98-7654321). As part of his compensation package, Cherry 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. ber mb Beulah recently graduated from law school and is employed by Legal Aid Society, Inc. (Federal I.D. No. 11-1111111), as a public defender car YOS Lara Avemnt atera Or More duala

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