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John Williams (birthdate August 2, 1976) is a single taxpayer. John's earnings and withholdings as the manager of a local casino for 2019 are reported

image text in transcribedimage text in transcribedJohn Williams (birthdate August 2, 1976) is a single taxpayer. John's earnings and withholdings as the manager of a local casino for 2019 are reported on his Form W-2 (see separate tab).

John received Form 1098 from the Reno Bank & Trust (see separate tab).

John's other income includes interest on a savings account at Nevada National Bank of $13,691.

John pays his ex-wife, Sarah McLoughlin, $3,900 per month in accordance with their February 12, 2013 divorce decree. When their 12-year-old child (in the ex-wife's custody) reaches the age of 18, the payments are reduced to $2,800 per month. His ex-wife's Social Security number is 554-44-5555.

In 2019, John purchased a new car and so he kept track of his sales tax receipts during the year. His actual sales tax paid is $3,700, which exceeds the estimated amount per the IRS tables.

John participates in a high-deductible health plan and is eligible to contribute to a health savings account. His HSA earned $75 in 2019.

During the year, John paid the following amounts (all of which can be substantiated):

Credit card interest $1,760
Auto loan interest 4,300
Auto insurance 900
Contribution to IRA 6,000
Property taxes on personal residence 2,700
Contributions to HSA 2,850
Income tax preparation fee 900
Charitable contributions (all cash):
Boy Scouts 1,350
St. Matthews Church 3,100
University of Nevada (Reno) Medical School 27,000
Nevada Democratic Party 250
Fund-raising dinner for the Reno Auto Museum 100
(value of dinner is $25)

Required: Complete John's Form 1040 and Schedules 1, A and B as well Form 8889.

  • Make realistic assumptions about any missing data.
  • John had health coverage for the entire year and he does not want to contribute to the presidential election campaign,
  • Enter all amounts as positive numbers.
  • If an amount box does not require an entry or the answer is zero, enter "0".
  • If required round any dollar amount to the nearest dollar.
John's W-2 Form John's earnings and withholdings as the manager of a local casino for 2019 are reported on his Form W-2: Safe, accurate, Visit the IRS website at a Employee's social security number 555-94-9358 OMB No. 1545-0008 IRS en file FAST! Use www.irs.gov/efile 2 b Employer identification number (EIN) 31-1459656 1 Wages, tips, other compensation 196,000.00 Federal income tax withheld 25,000.00 4 3 Social security wages 132,900.00 Social security tax withheld 8,239.80 C Employer's name, address, and ZIP code Lucky Ace Casino 700 N. Sierra Street Reno, NV 89503 6 5 Medicare wages and tips 196,000.00 Medicare tax withheld 2,842.00 7 Social security tips 8 Allocated tips d Control number 9 10 Dependent care benefits John's Form 1098 VOID O CORRECTED OMB No. 1545-1380 RECIPIENT'S/LENDER'S name, street address, city or town, state or province, country, ZIP or foreign postal code, and telephone no. 2019 Reno Bank & Trust 49 Commerce Street Reno, NV 89501 Form 1098 1 Mortgage interest received from payer(s)/borrower(s) 19,003.41 $ RECIPIENT'S/LENDER'S TIN PAYER'S/BORROWER'S TIN 3 Mortgage origination date 2 Outstanding mortgage principal $ 591,786.32 33-1234569 555-94-9358 03/01/2003 4 Refund of overpaid interest 5 Mortgage insurance premiums

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