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Jenny Walters is a marketing assistant and earned $38,000 in 2018. She is 42 years old and has been divorced for five years. Jenny will

Jenny Walters is a marketing assistant and earned $38,000 in 2018. She is 42 years old and has been divorced for five years. Jenny will claim head of household for 2018. She has a daughter, Julia, who is 20 years old. Julia is a full-time student. Here are some more tax facts:

1. Jennys SSN is 123-34-4567 and Julias is 654-32-1234.

2. Jennys address is 100 N. Main St., Atlanta, GA 30301.

3. Jenny receives $1,200 per month in alimony from her ex-husband.

4. Jenny owns a rental property with the following financial data:

Rental Revenue : $50,000

Expenses: Insurance $5,000

Repairs $10,500

Depreciation $4,000

1. Jenny has interest income from corporate bonds of $2,200 and interest from municipal bonds of $1,000.

2. Jenny also paid the following expenses: State income taxes of $5,800, charitable contributions of $12,500, and medical expenses of $5,795 for insurance premiums; $1,100 for medical care expenses; $350 for prescription medicine; $100 for nonprescription medicine; and $200 for new contact lenses for Julia.

3. Jenny received disability insurance payments of $1,200.

4. Jenny runs a small business from her home giving piano lessons to kids on weekends. She had the following transactions from it: total revenue $10,000; office supplies $500; teaching materials and supplies $1050; concerts and field shows $1500; repairs and maintenance of pianos $950; wages to a teaching assistant $1000; payroll taxes $765; business insurance $420; occupational taxes and license $160.

Create Form 1040 (Pages 1 and 2, Schedules C, D and SE, Form 8949, Schedule E). *PLEASE COMPLETE ALL FORMS

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Department of the Treasury - Internal Revenue Service (99) U.S. Individual Income Tax Return Filing status: Single Married filing jointly Married filing separately Your first name and initial Last name OMB No. 1545-0074 IRS Use Only-Do not write or staple in this space. Head of household Qualifying widow(er) Your social security number You were born before January 2, 1954 Your standard deduction: Someone can claim you as a dependent If joint return, spouse's first name and initial Last name You are blind Spouse's social security number Spouse standard deduction: Someone can claim your spouse as a dependent Spouse was born before January 2, 1954 Spouse is blind Spouse itemizes on a separate return or you were dual-status alien Home address (number and street). If you have a P.O. box, see instructions Apt. no. Full-year health care coverage or exempt (see inst.) Presidential Election Campaign see inst.) You Spouse City, town or post office, state, and ZIP code. If you have a foreign address, attach Schedule 6. If more than four dependents, see inst, and here (4) if qualifies for see inst.): Child tax credit Credit for other dependents (2) Social security number (3) Relationship to you Dependents (see instructions): (1) First name Last name Sign Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Here Your signature Date Your occupation If the IRS sent you an identity Protection Joint return? PIN, enterit TTT See instructions. here see inst Keep a copy for Spouse's signature. If a joint return, both must sign. Date Spouse's occupation If the IRS sent you an identity Protection PIN, enter it your records. here seeinst Preparer's name Preparer's signature PTIN Firm's EIN Check if: Paid 3rd Party Designee Preparer Firm's name Phone no. Self-employed Use Only Firm's address For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11320B Form 1040 (2018) Form 1040 (2018) Page 2 10 1 Wages, salaries, tips, etc. Attach Form(s) W-2. . . . 2a Tax-exempt interest . . . b Taxable interest . . . Attach Formis) W-2. Also attach 3a Qualified dividends. . . 3a b Ordinary dividends . . Form(s) W-2G and 4a 1099-Rif tax was IRAs, pensions, and annuities. 4a b Taxable amount. . withheld. 5a Social Security benefits . . b Taxable amount . . . 6 Total income. Add lines 1 through 5. Add any amount from Schedule 1, line 22 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 Standard . . . . . . . . . . . . . . . . Deduction for 8 Standard deduction or itemized deductions (from Schedule A) . . . . . . . . . . . . Single or married filing separately, Qualified business income deduction (see instructions) . . . . . . . . . . . . . . $12,000 Taxable income. Subtract lines 8 and 9 from line 7. If zero or less, enter -- . . . . . . . Married filing jointly or Qualitying 11 a Tax (see inst.) (check if any from: 1 Form(s) 8814 2 Form 4972 3 widow(er). $24,000 b Add any amount from Schedule 2 and check here Head of 12 a Child tax credit/credit for other dependents b Add any amount from Schedule 3 and check here household $18,000 13 Subtract line 12 from line 11. If zero or less, enter-O. . . . . . . . . . . . . . If you checked Other taxes. Attach Schedule 4 . . . . . . . . . . . . . . . . . . any box under Standard 15 Total tax. Add lines 13 and 14 . . . . . . . . . . . . . . . . . . . deduction, Federal income tax withheld from Forms W-2 and 1099 see instructions. Refundable credits: a EIC (see inst.) b Sch. 8812 c Form 8863 Add any amount from Schedule 5 18 Add lines 16 and 17. These are your total payments 19 If line 18 is more than line 15, subtract line 15 from line 18. This is the amount you overpaid. . . Refund . 20a Amount of line 19 you want refunded to you. If Form 8888 is attached, check here . . . . . Direct deposit? b Routing number c Type: Checking Savings See instructions d Account number 21 Amount of line 19 you want applied to your 2019 estimated tax . . Amount You Owe 22 Amount you owe. Subtract line 18 from line 15. For details on how to pay, see instructions. . . 23 Estimated tax penalty (see instructions). . . . . . . . 23 Go to www.irs.gov/Form 1040 for instructions and the latest information 114 20a 22 Form 1040 (2018) Department of the Treasury - Internal Revenue Service (99) U.S. Individual Income Tax Return Filing status: Single Married filing jointly Married filing separately Your first name and initial Last name OMB No. 1545-0074 IRS Use Only-Do not write or staple in this space. Head of household Qualifying widow(er) Your social security number You were born before January 2, 1954 Your standard deduction: Someone can claim you as a dependent If joint return, spouse's first name and initial Last name You are blind Spouse's social security number Spouse standard deduction: Someone can claim your spouse as a dependent Spouse was born before January 2, 1954 Spouse is blind Spouse itemizes on a separate return or you were dual-status alien Home address (number and street). If you have a P.O. box, see instructions Apt. no. Full-year health care coverage or exempt (see inst.) Presidential Election Campaign see inst.) You Spouse City, town or post office, state, and ZIP code. If you have a foreign address, attach Schedule 6. If more than four dependents, see inst, and here (4) if qualifies for see inst.): Child tax credit Credit for other dependents (2) Social security number (3) Relationship to you Dependents (see instructions): (1) First name Last name Sign Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Here Your signature Date Your occupation If the IRS sent you an identity Protection Joint return? PIN, enterit TTT See instructions. here see inst Keep a copy for Spouse's signature. If a joint return, both must sign. Date Spouse's occupation If the IRS sent you an identity Protection PIN, enter it your records. here seeinst Preparer's name Preparer's signature PTIN Firm's EIN Check if: Paid 3rd Party Designee Preparer Firm's name Phone no. Self-employed Use Only Firm's address For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11320B Form 1040 (2018) Form 1040 (2018) Page 2 10 1 Wages, salaries, tips, etc. Attach Form(s) W-2. . . . 2a Tax-exempt interest . . . b Taxable interest . . . Attach Formis) W-2. Also attach 3a Qualified dividends. . . 3a b Ordinary dividends . . Form(s) W-2G and 4a 1099-Rif tax was IRAs, pensions, and annuities. 4a b Taxable amount. . withheld. 5a Social Security benefits . . b Taxable amount . . . 6 Total income. Add lines 1 through 5. Add any amount from Schedule 1, line 22 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 Standard . . . . . . . . . . . . . . . . Deduction for 8 Standard deduction or itemized deductions (from Schedule A) . . . . . . . . . . . . Single or married filing separately, Qualified business income deduction (see instructions) . . . . . . . . . . . . . . $12,000 Taxable income. Subtract lines 8 and 9 from line 7. If zero or less, enter -- . . . . . . . Married filing jointly or Qualitying 11 a Tax (see inst.) (check if any from: 1 Form(s) 8814 2 Form 4972 3 widow(er). $24,000 b Add any amount from Schedule 2 and check here Head of 12 a Child tax credit/credit for other dependents b Add any amount from Schedule 3 and check here household $18,000 13 Subtract line 12 from line 11. If zero or less, enter-O. . . . . . . . . . . . . . If you checked Other taxes. Attach Schedule 4 . . . . . . . . . . . . . . . . . . any box under Standard 15 Total tax. Add lines 13 and 14 . . . . . . . . . . . . . . . . . . . deduction, Federal income tax withheld from Forms W-2 and 1099 see instructions. Refundable credits: a EIC (see inst.) b Sch. 8812 c Form 8863 Add any amount from Schedule 5 18 Add lines 16 and 17. These are your total payments 19 If line 18 is more than line 15, subtract line 15 from line 18. This is the amount you overpaid. . . Refund . 20a Amount of line 19 you want refunded to you. If Form 8888 is attached, check here . . . . . Direct deposit? b Routing number c Type: Checking Savings See instructions d Account number 21 Amount of line 19 you want applied to your 2019 estimated tax . . Amount You Owe 22 Amount you owe. Subtract line 18 from line 15. For details on how to pay, see instructions. . . 23 Estimated tax penalty (see instructions). . . . . . . . 23 Go to www.irs.gov/Form 1040 for instructions and the latest information 114 20a 22 Form 1040 (2018)

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