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Please complete the 2019 Form 1040 (Stop after completing Line 12a), Schedule-1 and Schedule A for the taxpayer: Julie Anderson is a single parent and

Please complete the 2019 Form 1040 (Stop after completing Line 12a),

Schedule-1 and Schedule A for the taxpayer:

Julie Anderson is a single parent and lives with her dependent daughter Alice who is 17-years old. Julie is a project manager and her W-2 wage is $75,200. Julie's father passed away on April 14. She inherited cash of $50,000 from her father and his baseball card collection, valued at $2,000. Every year she also receives interest income from a trust fund, which does not invest in municipal bonds or other tax-exempt securities. She took the standard deduction on her 2018 federal tax return.

Her 2019 filing status is head of household. She also has the following items for 2019:

Interest income from the trust fund. $2,000

Ordinary dividend income.....................................................$500

(All the dividends are qualified for the 15% tax rate)

She also bought 50 shares Apple Inc. stock (AAPL) when the price was $100 per share. AAPL's market closing price for December 2019 is $250 per share.

During the year she went to Vegas and won $ 1,300 in a poker game. However, she lost $2,000 at other casinos. She also provided the following information:

Illinois state income tax refund.. $ 250

Federal income tax refund $2,400

Child support from her ex-husband.. $6,000

Alimony payment from her ex-husband. Their divorce was finalized on August 15, 2019..$12,000

During the year she received $4,000 insurance payout from AFLAC due to a temporary disability. She bought the insurance policy herself. (not reportable) other income

In addition, she also provided the following information:

State income tax withheld from her paycheck. .$ 3,200

Federal income tax withheld from her paycheck. $ 9,000

Social security tax paid as an employee............. $ 5,640

Home mortgage loan interest $ 5,500

Real estate tax on her house $ 4,000

Personal-use car loan interest.. $ 2,000

She also paid $2,000 of qualified student loan interest.

Ms. Anderson had a medical procedure and incurred qualified medical costs of $30,000. Her health insurance policy pays 80% of the medical cost and Julie paid the remaining 20% out of her own pocket.

Her car was completely damaged in hurricane Hana, a federally declared natural disaster. Before the disaster the car has a fair market value of $12,000. She bought the car for $25,000 when it was new.

PLEASE ANSWER THIS QUESTION FROM ABOVE INFO

1. Form 1040 Line 1 _____ (W-2 wages, enter without comma or $)

2. Taxable interest on 1040 Line 2b _______

3. 1040 Line 3a _______ (Qualified Dividends)

4. 1040 Line 3b ________ (Ordinary Dividends)

5. Schedule 1, Line 1 Taxable refunds (enter 0 if none) ______

6. Schedule 1, Line 8 Other income (enter 0 if none) ______

7. Schedule 1, Line 20 (Student loan interest) ______

8. Form 1040, Line 8b (Adjusted Gross Income) ______

9. Schedule A LIne 4 (Medical and Dental) ______

10. Schedule A Line 5a (State income tax paid) ______

11. Schedule A Line 5b (Real estate taxes) ____

12. Schedule A Line 7 _______

13. Schedule A LIne 10 (Interest you paid) ____

14. Schedule A Line 15 (Deductible Casualty Loss)

15. Schedule-A Line 16 Other Itemized Deductions ____

16. Schedule-A Total Itemized Deductions _____

17. Form 1040 Line 9 (Standard or Itemized Deduction) _____

18. Taxable income _______

19. Total Tax (Form 1040 Line 12a) _______

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