Instructions Note: This problem is for the 2018 tax year. Alfred E. Old and Beulah A. Crane, each age 42. married on Septen beulan A. Crane, each age 42, married on September 7, 2016. Alfred and Beulah will file a joint retum for 2018. Alfred's Sociar 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 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 working 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. Beulah recently graduated from law school and is employed by Legal Aid Society, Inc. (Federal 1.D. No. 11-1111111), as a public defender. She receives a salary of $42,000 in 2018. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulan d and Beulah had interest Income of $500. Alfred and Beulah receive a $1,900 refund on their 2017 state income taxes. They itemized as on their 2017 Federal income tax return (total of $15,000), Alfred and Beulah pay $4,500 interest and $1,450 property taxes on residence in 2018. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which their personal residence in 2018. Their charitable contributions they maintain the receipts. boch spouse maintain the receipts. Both spouses had health insurance for all months of 2018 and do not want to contribute to the Presidential Election Campaign Form 1040 (2018) Alfred E. and Beulah A. Old Page 2 111-11-1109 192,000 1 Wages, salaries, tips, etc. Attach Form(s) W-2.. 2a Tax-exempt interest b Taxable interest 500 3a 3b 4a Attach Form(s) W- 2. Also attach Form(s) W-2G and 1099-R if tax was withheld. Qualified dividends b Ordinary dividends TRAS, pensions, and b Taxable amount annuities Social security benefits b Taxable amount Total income. Add lines 1 through 5. Add any amount from Schedule 1, line 22 5a 6 7 Adjusted gross income. If you have no adjustments to income, enter the amount from line 6; otherwise, subtract Schedule 1, line 36, from line 6......... 8 Standard deduction or itemized deductions (from Schedule A).... 9 Qualified business income deduction (see instructions) .. ..... Taxable income. Subtract lines 8 and 9 from line 7. If zero or less, enter 0... 10 Standard Deduction for Single or married riling separately. $12,000 Married fing jointly or Qualifying widow(er), $24,000 Head of nousehold 11 Form(s) 8814 a Tax (see inst) (check if any from: 2 Form 4972 Add any amount from Schedule 2 and check here. 12 a Child tax credit/credit for other dependents If you checked any box under Standard deduction, see Instructions. 13 Subtract line 12 from line 11. If zero or less, entero-... 14 Other taxes. Attach Schedule 4.. 15 Total tax. Add lines 13 and 14...... 32,400 7 16 Federal income tax withheld from Forms W-2 and 1099. 17 Refundable credits: a EIC (see Inst.) b Sch 8812 c Form 8863 Add any amount from Schedules 18 Add lines 16 and 17. These are your total payments 32,400 Refund 19 If line 18 is more than line 15, subtract line 15 from line 18. This is the amount you overpald... 20a Amount of line 19 you want refunded to you. If Form 8888 is attached, check here Direct deposit? Savings See instructions. Routing number X X X X X XXXX c Type: Checking Account number *[*[*]*|*|*|*|*|*|*|*|*|*|*|***] 21 Amount of line 19 you want applied to your 2019 estimated tax Amount you owe. Subtract line 18 from line 15. For details on how to pay, see inductions Amount 22 Your social security number 111-11-1109 Name(s) shown on Form 1040 Alfred E. and Beulah A. Old Additional 1-9b Reserved Income 10 Taxable refunds, credits, or offsets of state and local income taxes 11 Alimony received .. 12 Business income or (loss). Attach Schedule C or C-EZ 13 Capital gain or loss). Attach Schedule D if required. If not required, check here 1,900 15b 14 Other gains or losses). Attach Form 4797 15a Reserved....... 16a Reserved ............... .... 17 Rental real estate, royalties, partnerships, Scorporations, trusts, etc. Attach Schedule E..... 18 Farm income or loss). Attach Schedule F... 19 Unemployment compensation. 20a Reserved 19 20b 21 Other income. List type and amount 22 Combine the amounts in the far right column. If you don't have any adjustments to income, enter here and include on Form 1040, line 6. Otherwise, go to line 23 Furravnance 22 7 mts 23 Educator expenses.... 24 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106.. 25 Health savings account deduction. Attach Form 8889 26 Moving expenses for members of the Armed Forces. Attach Form 3903......... 27 Deductible part of self-employment tax. Attach Schedule SE.... .. 28 Self-employed SEP, SIMPLE, and qualified plans 29 Self-employed health insurance deduction .... 30 Penalty on early withdrawal of savings... 31a Alimony paid b Recipient's SSN 123-45- 6788 15,000 32 IRA deduction ..... 33 Student loan interest deduction ..... 34 Reserved 35 Reserved.... 36 Add lines 23 through 35 ........ ........................ Battian Nati c a un intretine O MM 36 Cekatuta FEAR HANN Instructions Note: This problem is for the 2018 tax year. Alfred E. Old and Beulah A. Crane, each age 42. married on Septen beulan A. Crane, each age 42, married on September 7, 2016. Alfred and Beulah will file a joint retum for 2018. Alfred's Sociar 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 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 working 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. Beulah recently graduated from law school and is employed by Legal Aid Society, Inc. (Federal 1.D. No. 11-1111111), as a public defender. She receives a salary of $42,000 in 2018. Her employer withheld $7,500 for Federal income taxes and $2,400 for state income taxes. The proper amounts were withheld for FICA taxes. Alfred and Beulan d and Beulah had interest Income of $500. Alfred and Beulah receive a $1,900 refund on their 2017 state income taxes. They itemized as on their 2017 Federal income tax return (total of $15,000), Alfred and Beulah pay $4,500 interest and $1,450 property taxes on residence in 2018. Their charitable contributions total $2,400 (all to their church). They paid sales taxes of $1,400, for which their personal residence in 2018. Their charitable contributions they maintain the receipts. boch spouse maintain the receipts. Both spouses had health insurance for all months of 2018 and do not want to contribute to the Presidential Election Campaign Form 1040 (2018) Alfred E. and Beulah A. Old Page 2 111-11-1109 192,000 1 Wages, salaries, tips, etc. Attach Form(s) W-2.. 2a Tax-exempt interest b Taxable interest 500 3a 3b 4a Attach Form(s) W- 2. Also attach Form(s) W-2G and 1099-R if tax was withheld. Qualified dividends b Ordinary dividends TRAS, pensions, and b Taxable amount annuities Social security benefits b Taxable amount Total income. Add lines 1 through 5. Add any amount from Schedule 1, line 22 5a 6 7 Adjusted gross income. If you have no adjustments to income, enter the amount from line 6; otherwise, subtract Schedule 1, line 36, from line 6......... 8 Standard deduction or itemized deductions (from Schedule A).... 9 Qualified business income deduction (see instructions) .. ..... Taxable income. Subtract lines 8 and 9 from line 7. If zero or less, enter 0... 10 Standard Deduction for Single or married riling separately. $12,000 Married fing jointly or Qualifying widow(er), $24,000 Head of nousehold 11 Form(s) 8814 a Tax (see inst) (check if any from: 2 Form 4972 Add any amount from Schedule 2 and check here. 12 a Child tax credit/credit for other dependents If you checked any box under Standard deduction, see Instructions. 13 Subtract line 12 from line 11. If zero or less, entero-... 14 Other taxes. Attach Schedule 4.. 15 Total tax. Add lines 13 and 14...... 32,400 7 16 Federal income tax withheld from Forms W-2 and 1099. 17 Refundable credits: a EIC (see Inst.) b Sch 8812 c Form 8863 Add any amount from Schedules 18 Add lines 16 and 17. These are your total payments 32,400 Refund 19 If line 18 is more than line 15, subtract line 15 from line 18. This is the amount you overpald... 20a Amount of line 19 you want refunded to you. If Form 8888 is attached, check here Direct deposit? Savings See instructions. Routing number X X X X X XXXX c Type: Checking Account number *[*[*]*|*|*|*|*|*|*|*|*|*|*|***] 21 Amount of line 19 you want applied to your 2019 estimated tax Amount you owe. Subtract line 18 from line 15. For details on how to pay, see inductions Amount 22 Your social security number 111-11-1109 Name(s) shown on Form 1040 Alfred E. and Beulah A. Old Additional 1-9b Reserved Income 10 Taxable refunds, credits, or offsets of state and local income taxes 11 Alimony received .. 12 Business income or (loss). Attach Schedule C or C-EZ 13 Capital gain or loss). Attach Schedule D if required. If not required, check here 1,900 15b 14 Other gains or losses). Attach Form 4797 15a Reserved....... 16a Reserved ............... .... 17 Rental real estate, royalties, partnerships, Scorporations, trusts, etc. Attach Schedule E..... 18 Farm income or loss). Attach Schedule F... 19 Unemployment compensation. 20a Reserved 19 20b 21 Other income. List type and amount 22 Combine the amounts in the far right column. If you don't have any adjustments to income, enter here and include on Form 1040, line 6. Otherwise, go to line 23 Furravnance 22 7 mts 23 Educator expenses.... 24 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106.. 25 Health savings account deduction. Attach Form 8889 26 Moving expenses for members of the Armed Forces. Attach Form 3903......... 27 Deductible part of self-employment tax. Attach Schedule SE.... .. 28 Self-employed SEP, SIMPLE, and qualified plans 29 Self-employed health insurance deduction .... 30 Penalty on early withdrawal of savings... 31a Alimony paid b Recipient's SSN 123-45- 6788 15,000 32 IRA deduction ..... 33 Student loan interest deduction ..... 34 Reserved 35 Reserved.... 36 Add lines 23 through 35 ........ ........................ Battian Nati c a un intretine O MM 36 Cekatuta FEAR HANN