Marci Birx, age-59, is single and has no dependents.Marci had the following relevant transactions for 2019:

Wages as Walmart greeter$17,000

Interest income from local bank1,450

Qualified dividends1,155

Loss on sale of Tandem Diabetic stock(held from

11/10/2017 to 10/31/2019)-3,100

Federal income tax quarterly deposits (total)11,500

Itemized deductions11,925

Single

Family

RENTAL OPERATIONSHomeDuplex

Rental income$31,900$29,200

Interest expense 11,80011,200

Property taxes 1,6506,366

Maintenance440560

Insurance1,2601.465

Depreciation-Building (Line 17, Form 4562)2,4952,845

Depreciation-Appliances (Line 17, Form 4562)00

SALE OF RENTAL RESIDENCE

Sales price (November 27, 2019)

Land (line 2, Form 4797)$ 72,000

Building (line 19A, From 4797)48,000

Cost (October 18, 2010)

Land$ 38,000

Building40,000

Depreciation allowed (including 2019 depreciation)8,898

SALE OF APPLIANCES WITH RESIDENCE See Daily 9, Problem D

Sales price (line 19B, From 4797)$ 2,500

Cost (October 18, 2014) 9,000

Depreciation allowed9,000

Complete Form 1040 with the appropriate Schedules and Forms for 2019 for Marci Birx.

Minimum forms required:

Form 1040, Schedule 1, Schedule 3

Form 1040, Schedule B, Schedule D, Schedule E.

Form 4562, Form 4797, Form 8949 (Optional), Form 8995 (optional).

Hints:

Claim the QBI deduction for the rentals (i.e., the rentals qualify as a trade or business).