**NEED HELP WITH SOME OF THE FILL IN THE BLANKS. FORM 1040 of 2019 year is required.

Note: This problem is for the 2019 tax year.

Janice Morgan, age 24, is single and has no dependents. She is a freelance writer. In January 2019, Janice opened her own office located at 2751 Waldham Road, Pleasant Hill, NM 88135. She called her business Writers Anonymous. Janice is a cash basis taxpayer. She lives at 132 Stone Avenue, Pleasant Hill, NM 88135. Her Social Security number is 123-45-6782. Janice's parents continue to provide health insurance for her under their policy. Janice did not engage in any virtual currency transactions during the year and wants to contribute to the Presidential Election Campaign Fund.

During 2019, Janice reported the following income and expense items connected with her business.

Income from sale of articles	$85,000
Rent	16,500
Utilities	7,900
Supplies	1,800
Insurance	5,000
Travel (including meals of $1,200)	3,500

Janice purchased and placed in service the following fixed assets for her business. Janice wants to elect immediate expensing under 179, if possible.

• Furniture and fixtures (new) costing $21,000 on January 10
• Computer equipment (new) costing $12,400 on July 28

Janices itemized deductions include:

State income tax	$2,950
Home mortgage interest paid to First National Bank	6,000
Property taxes on home	2,500
Charitable contribution to her alma mater, State College	1,200

Janice did not keep a record of the sales tax she paid. The amount allowed by the sales tax table is $437. Janice reports interest income of $4,000 on certificates of deposit at Second National Bank. She made estimated tax payments of $3,000 for 2019.

Required: Compute Janice Morgans 2019 Federal income tax payable (or refund due).

• Make realistic assumptions about any missing data.
• If an amount box does not require an entry or the answer is zero, enter "0".
• Enter all amounts as positive numbers.
• The taxpayer wants $3 to go to the to Presidential Election Campaign.
• It may be necessary to complete the other tax forms and schedules before completing Form 1040.
• Use the tax schedules (not the tax tables) included with this problem to compute the tax.
• If required, round your final answers to the nearest dollar.

Janice Morgan, age 24, is single and has no dependents. She is a freelance writer. In January 2019, Janice opened her own office located at 2751 Waldham Road, Pleasant Hill, NM 88135. She called her business Writers Anonymous. Janice is a cash basis taxpayer. She lives at 132 Stone Avenue, Pleasant Hill, NM 88135. Her Social Security number is 123-45-6782. Janice's parents continue to provide health insurance for her under their policy. Janice did not engage in any virtual currency transactions during the year and wants to contribute to the Presidential Election Campaign Fund. During 2019, Janice reported the following income and expense items connected with her business, Income from sale of articles Rent $85,000 16,500 7.900 Utilities Supplies Insurance Travel (including meals of $1,200) 1,800 5,000 3,500 Janice purchased and placed in service the following fixed assets for her business, Janice wants to elect immediate expensing under $ 179, if possible. Furniture and fixtures (new) costing $21,000 on January 10 Computer equipment (new) costing $12,400 on July 28 lanice's itemized deductions include: Computer equipment (new) costing $12,400 on July 28 Janice's itemized deductions include: State income tax Home mortgage interest paid to First National Bank Property taxes on home $2,950 6,000 2,500 Charitable contribution to her alma mater State College 1,200 Janice did not keep a record of the sales tax she paid. The amount allowed by the sales tax table is $437. Janice reports interest income of $4,000 on certificates of deposit at Second National Bank. She made estimated tax payments of $3,000 for 2019, Required: Compute Janice Morgan's 2019 Federal income tax payable (or refund due). Make realistic assumptions about any missing data. If an amount box does not require an entry or the answer is zero, enter "0". Enter all amounts as positive numbers. The taxpayer wants $3 to go to the to Presidential Election Campaign. It may be necessary to complete the other tax forms and schedules before completing Form 1040. Use the tax schedules (not the tax tables) included with this problem to compute the tax. If required, round your final answers to the nearest dollar. . . 1 Wages, salaries, tips, etc. Attach Form(s) W-2 1 b 2a Tax-exempt interest. 2a Taxable interest. Attach Sch. B if required 2b b 3a Qualified dividends... Ordinary dividends. Attach Sch. B if required n for- 3b 4a IRA distributions 4a b Taxable amount 4b C Pensions and annuities 4c d Taxable amount 4d 5a Sa Social security benefits b 5b Taxable amount 6 6 Capital gain or (loss). Attach Schedule D if required. If not required, check here 7a Other income from Schedule 1, line 9 7 or ed filing ately, 00 ed filing y or fying w(er), 400 Hof sehold, ,350 ou checked - box under ndard duction, see tructions. 7b b Add lines 1, 2b, 3b, 46, 4d, 5b, 6, and 7a. This is your total income 8a 8a Adjustments to income from Schedule 1, line 22 8b 20,263 b Subtract line 8a from line 7b. This is your adjusted gross income 9 Standard deduction or itemized deductions (from Schedule A) 12,650 4 more Check My Work uses remaining Lork saved b Subtract line 8a from line 7b. This is your adjusted gross income 8b 20,263 I checked -ox under Hard ction, see actions 9 Standard deduction or itemized deductions (from Schedule A) 9 12,650 10 Qualified business income deduction. Attach Form 8995 or Form 8995-A. 10 1,523 illa Add lines 9 and 10 11a 14,173 b Taxable income. Subtract line 11a from line 8b. If zero or less, enter -O- BIKE 11b 6,090 er Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Form 1040 (2019) 040 (2019) Janice Morgan 123-45-6782 Page 2 1 a 8814 12a Tax (see inst.) Check if any from Form(s): 2 04972 3 o 609 12a b Add Schedule 2, line 3, and line 12a and enter the total Il D 12b 13a Child tax credit or credit for other dependents ............. 13a 13b b Add Schedule 3, line 7, and line 13a and enter the total IK HIRIBURI IIKIRICI 14 14 Cubat Shah Alat 040 13d Chiu lax creuil on credil 10 Olner uependents 13d b Add Schedule 3, line 7, and line 13a and enter the total 13b 14 Subtract line 13b from line 12b. If zero or less, enter -0- 14 15 Other taxes, including self-employment tax, from Schedule 2, line 10 15 2,473 16 Add lines 14 and 15. This is your total tax . . 16 3,082 17 Federal income tax withheld from Forms W-2 and 1099 17 RE 18a If you have a 18 Other payments and refundable credits: qualifying child, attach Sch. EIC. a Earned income credit (EIC) If you have b Additional child tax credit. Attach Schedule 8812 nontaxable combat pay, see c American opportunity credit from Form 8863, line 8 instructions. d Schedule 3, line 14 HEIL HIBRI 18b 180 18d e Add lines 18a through 18d. These are your total other payments and refundable credits 18e 82 TRIKINIS 19 Add lines 17 and 18e. These are your total payments 19 20 Refund If line 19 is more than line 16, subtract line 16 from line 19. This is the amount you 20 Instructions Form 1040 u surreauit me 14 100 Ja St e Add lines 18a through 18d. These are your total other payments and refundable credits 18e 82 Hd 19 Add lines 17 and 18e. These are your total payments Pri HIHET 19 Cl 20 Refund If line 19 is more than line 16, subtract line 16 from line 19. This is the amount you overpaid 20 Ja Ja 21a Amount of line 20 you want refunded to you. If Form 8888 is attached, check here o 21a for Direct deposit? b Routing number c Type: Checking a Savings RE See instructions. d Account number Co 22 Amount of line 20 you want applied to your 2020 estimated tax 22 23 Amount Amount you owe. Subtract line 19 from line 16. For details on how to pay, see instructions 23 You Owe 24 Estimated tax penalty (see instructions) 24 Third Party Do you want to allow another person (other than your paid preparer) to discuss this return with Yes. Complete below. the IRS? See instructions No Designee Check My Work 4 more Check My Work uses remaining