Please help, I edited question for legible! it too long question, so I divided post . total questions: a-r

Please help to complete the Wilson's Federal income tax return for 2019-1040, schedule B, schedule C, schedule D, schedule 1, schedule E, schedule A, schedule 2,

schedule 3, short self-employment tax, form 8863, form 4562, 8283,8582,8863,8449 and 8995

Comprehensive tax return problem 2-continue

2. Richard M and Anna K, Wilson

a. Richard and Anna Wilson are married and file a joint return, Richard is 47 years of age, and Anna is 46. Richard is employed by Telstar Corporation as its controller, and Anna is self-employed as a travel agent. They have three children: Michael, age 22; Lisa age 17, and Laura age 14. Michael is full-time student at Rutgers University. Lisa and Laura both live at home and attend school full time. The Wilson currently live at 3721 Chestnut Ridge Road, Montvale, New Jersey 07645, in a home they have owned since July 2008.

Richard and Anna provided over half of the support of Annas mother, Ruth Knapp, who currently lives in a nursing home in Mahwah, New Jersey. They also provided over half of the support of their son, Michael, who earned $4,750 during the summer as an accounting student intern for a national accounting firm.

b. Richard received a Form W-2 from his employer reporting the following information for 2019.

Richard M. Wilson, Social Security NO.294-38-6249

Gross wages and taxable benefits $63,000

Federal income taxes withheld 11,400

F.I.C.A. taxes withheld:

Social security 3,906

Medicare 914

State income taxes withheld 1,850

The taxable benefits reported on his W-2 include $2,700 (based on the currently deductible standard auto mileage rate) for Richards personal use of the company car provided by his employer.

i. Richard and Anna own a rental condominium located at 7777 Board walk in Atlantic City, Mew Jersey. The unit was purchased on July 29, 2018, for $25,000 cash and a $175,000 mortgage. Of the purchase price, $50,000 was allocated to the land. The following items relate to the rental unit for 2019:

gross rents $16,400

expenses:

managements fee 2,460

cleaning and maintenance 1,200

insurance 840

property taxes 2,750

interest paid on mortgage 13,675

utilities 850

Although the unfurnished unit was vacant for 11 weeks during the year, the Wilsons never used the property for personal purposes. When the property is rented, the tenant is required to pay for all utilities, and the Wilsons are charged a management fee equal to 15% of the rents collected. The rental is not a qualified business for purposes of the qualified business income deduction of Section 199A.