Please carefully look at the instructions and asnswe it. i have also attached the 2019 1040 Form and Schedule 1.

Please show your work on the tax return form as well.

Thank you so much in advance

Use 2020 Tax Rates Schedules

That is all the information i have

Required information [The following information applies to the questions displayed below.) Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries, they received interest of $350 from municipal bonds and $500 from corporate bonds. Marc contributed $2,500 to an individual retirement account, and Marc paid alimony to a prior spouse in the amount of $1,500 (under a divorce decree effective June 1, 2005). Marc and Michelle have a 10-year-old son, Matthew, who lived with them throughout the entire year. Thus, Marc and Michelle are allowed to claim a $2,000 child tax credit for Matthew. Marc and Michelle paid $6,000 of expenditures that qualify as itemized deductions and they had a total of $3,500 in federal income taxes withheld from their paychecks during the year. (Use the tax rate schedules.) a. What is Marc and Michelle's gross income? Answer is complete and correct. Description Amount Marc's salary IS 64.000 Michelle's salary 12,000 0 Corporate bond interest 500 Gross income S 76,500 Required information b. What is Marc and Michelle's adjusted gross income? Adjusted gross income $ 72,500 c. What is the total amount of Marc and Michelle's deductions from AGI? Total deductions from AGI 4,000 d. What is Marc and Michelle's taxable income? Taxable income e. What is Marc and Michelle's taxes payable or refund due for the year? 3 Required information [The following information applies to the questions displayed below) Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries, they received interest of $350 from municipal bonds and $500 from corporate bonds. Marc contributed $2,500 to an individual retirement account, and Marc paid alimony to a prior spouse in the amount of $1.500 (under a divorce decree effective June 1, 2005). Marc and Michelle have a 10-year-old son, Matthew, who lived with them throughout the entire year. Thus, Marc and Michelle are allowed to claim a $2,000 child tax credit for Matthew. Marc and Michelle pald $6,000 of expenditures that qualify as itemized deductions and they had a total of $3,500 in federal income taxes withheld from their paychecks during the year. (Use the tax rate schedules.) Download the Tax Form and enter the required values in the appropriate fields. Complete pages 1 and 2 of Form 1040 for Marc and Michelle. (use the most recent form available). Please right click on the attached Adobe document and select open in new window. Then, download the Tax Form and enter the required values in the appropriate fields. Save your completed Tax Form to your computer and then upload it here by clicking "Browse." Next, click "Save." download reference file upload a response file (15MB max) Choose File No fle chosen f1040.pdf Required information [The following information applies to the questions displayed below) Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries, they received interest of $350 from municipal bonds and $500 from corporate bonds. Marc contributed $2,500 to an individual retirement account, and Marc paid alimony to a prior spouse in the amount of $1,500 (under a divorce decree effective June 1, 2005). Mare and Michelle have a 10-year-old son, Matthew, who lived with them throughout the entire year. Thus, Marc and Michelle are allowed to claim a $2,000 child tax credit for Matthew. Marc and Michelle paid $6,000 of expenditures that qualify as itemized deductions and they had a total of $3,500 in federal income taxes withheld from their paychecks during the year. (Use the tax rate schedules.) Download the Tax Form and enter the required values in the appropriate fields. Complete Schedule 1 of Form 1040 for Marc and Michelle. (use the most recent form available). Please right click on the attached Adobe document and select open in new window. Then, download the Tax Form and enter the required values in the appropriate fields. Save your completed Tax Form to your computer and then upload it here by clicking "Browse." Next, click "Save." download reference file upload a response file (15MB max) Choose File No file chosen 11040s1.pdf save 11040 Department of the Treasury-Internal Revenue Service U.S. Individual Income Tax Return 2019 OMB No. 1545-0074 IRS Use Only-Do not write or staple in this space Filing Status Single Married filing jointly Married filing separately (MFS) Head of household (HOH) Qualifying widower) (W) Check only one box If you checked the MFS box, enter the name of spouse. If you checked the HOH or GW box, enter the child's name if the qualifying person is a child but not your dependent Your first name and middle initial Last name Your social security number If joint retum, spouse's first name and middle initial Last name Spouse's social security number Home address (number and street). If you have a P.O. box, see Instructions Apt. no. Presidential Election Campaign Check here if you, or your spouse if filing jointly, want $3 to go to this fund. City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see instructions). Checking a box below will not change your tax or refund You Spouse Foreign country name Foreign province/state/county Foreign postal code If more than four dependents, soe instructions and here Standard Someone can claim: You as a dependent Your spouse as a dependent Deduction Spouse items on a separate return or you were a dual-status alien Age/Blindness Your Were bom before January 2, 1955 Are blind Spouse! Was bom before January 2, 1955 is blind Dependents (see instructions): (2) Social Security rumber (3) Relationship to you (4) If qualifies for steinstructions): (1) First name Last name Child tax credit Credit for other dependents 1 2b 3b 4b 4d 5b 6 1 Wages, salaries, tips, etc. Attach Form(s) W-2 2a Tax-exempt interest 2a b Taxable interest. Attach Sch. Bit required 30 Qualified dividends 3a b Ordinary dividends. Attach Sch. Bit required Standard Deduction for 4a IRA distributions 4a b Taxable amount Single or Married Pensions and annuities d Taxable amount Ning setely $12,200 Sa Social security benefits 5a b Taxable amount Married fing jority Oying Capital gain or loss. Attach Schedule Dif required. If not required, check here widowie Ta $24.400 Other income from Schedule 1, line 9 Head of Add lines 1, 2, 3, 4, 4, 5, 6, and 7a. This is your total income household Ba $18.350 Adjustments to income from Schedule 1, line 22 If you checked b Subtract line Ba from line 7b. This is your adjusted gross income any box under Standard 9 Standard deduction or itemized deductions from Schedule A) 9 Deduction 10 Qualified business income deduction. Attach Form 8995 or Form 8995-A 10 see instructions 110 Add lines 9 and 10 Taxable income. Subtract line 11a from line Bb. It zoro or loss, enter-O- For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat No. 113200 7a 7b Ba Bb 11a 11b . Form 1040 2019 Page 2 b C Form 1040 (2019 12 Tax (sco inst) Check any from Forms: 1 8814 2 4972 12a b Add Schedule 2. Iine 3, and line 12a and enter the total 12b 13a Child tax credit or credit for other dependents 13a b Add Schedule 3, Ine 7, and line 13a and enter the total 13b 14 Subtract line 13b from line 12b. W zero or less, enter-O- 14 15 Other taxes, including self-employment tax, from Schedule 2, line 10 15 16 Add lines 14 and 15. This is your total tax 16 17 Federal income tax withheld from Forms W-2 and 1099 17 18 you have a Other payments and refundable credits: quying child Eamed income credit (EC) 18a nach Sch. EIC If you have Additional child tax credit. Attach Schedule 8012 18b notable American opportunity credit from Form 1863, line 8 18c combat pays instruction d Schedule 3, line 14 10d Add lines 18a through 18d. These are your total other payments and refundable credits 10e 19 Add lines 17 and 18e. These are your total payments 19 Refund I ne 19 is more than line 16, subtractine 16 from line 19. This is the amount you overpald 20 21a Amount of line 20 you want refunded to you. If Form 3888 is attached, check here 21a Direct depot b Routing number Type Checking Savings See instruction d Account number 22 Amount of in 20 you want applied to your 2020 estimated tax 22 Amount 23 Amount you owe. Subtractine 10 from ina 16. For details on how to pay, so instructions 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 the return with the RS? See Instructions, Yes. Complete below. Designee No Designe's Phone Personal identification name - no number (PIN) Sign Under perties of purjury, declare that I have examined this rutum and accompanying schedules and statements, and to the best of my knowledge and belief, they are true corect and complete. Declaration of prepare other than taxpayer is based on all information of which preparer has any knowledge Here Your signature Date Your occupation of the IRS sont you an identity Protection PIN, enter it here Joint return? (int) See instructions Spouse's signature. If a joint return, both must sign Date Spouse's occupation If the IRS sent your spousen Keep a copy for Identity Protection PIN, enter it here your records (see inst) Phone no Email address Preparer's name Preparer's signature Date PTIN Check Paid 3rd Party Design Preparer Firm's name Phone no Self-employed Use Only Firm's address Firm's EIN Go to www.irs.gov/Form 1040 for instructions and the latest information Form 1040 2019 OMB No. 1545-0074 SCHEDULE 1 (Form 1040 or 1040-SR) Additional Income and Adjustments to Income Department of the Treasury Attach to Form 1040 or 1040-SR. Internal Revenue Service Go to www.irs.gov/Form 1040 for instructions and the latest information. Name(s) shown on Form 1040 or 1040-SR 2019 Attachment Sequence No. 01 Your social security number NO 3 NOW 9 At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency? Yes Part 1 Additional Income 1 Taxable refunds, credits, or offsets of state and local income taxes. 1 2a Alimony received 2a b Date of original divorce or separation agreement (see instructions) Business income or loss). Attach Schedule C 4 Other gains or losses). Attach Form 4797 4 5 Rental real estate, royalties, partnerships, Scorporations, trusts, etc. Attach Schedule E. 5 6 Farm income or loss). Attach Schedule F 6 7 Unemployment compensation 7 8 Other income. List type and amount 8 Combine lines 1 through 8. Enter here and on Form 1040 or 1040-SR, line 7a Part II Adjustments to Income 10 Educator expenses 10 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 11 12 Health savings account deduction. Attach Form 8889 12 13 Moving expenses for members of the Armed Forces. Attach Form 3903 13 14 Deductible part of self-employment tax. Attach Schedule SE. 15 Self-employed SEP, SIMPLE, and qualified plans. 15 16 Self-employed health insurance deduction Penalty on early withdrawal of savings 18a Alimony paid 18a b Recipient's SSN Date of original divorce or separation agreement (see instructions) 19 IRA deduction 20 Student loan interest deduction 20 21 Tuition and fees. Attach Form 8917 21 22 Add lines 10 through 21. These are your adjustments to income. Enter here and on Form 1040 or 1040-SR, line 8a For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 71479F Schedule 1 (Form 1040 or 1040-SR) 2019 11 14 16 17 17 19 22