Please help!

Jason Ready, single, attended the University of San Diego during 20152019 under the Army ROTC program. Excluding the school expenses covered by his ROTC scholarship, he incurred additional school expenses of $10,000 in total for his education, and $1,500 of that amount was incurred in 2019 for his last semester. To finance these expenses, he borrowed $7,000 through a federal student loan program and borrowed another $3,000 from SoCal Credit Union for educational purposes. After graduation, he received his officers commission and was ordered to report to the Military Entrance Processing Station in Portland, OR, for duty, during 2019. He lives off base at 4560 Ranch Drive, Portland, OR 97035. His social security number is 412-34-5670 (date of birth 7/10/1997).

His W-2 contained the following information:

Wages (box 1)	=	$	67,533.05
Federal W/H (box 2)	=	$	8,104.95
Social security wages (box 3)	=	$	67,533.05
Social security W/H (box 4)	=	$	4,187.05
Medicare wages (box 5)	=	$	67,533.05
Medicare W/H (box 6)	=	$	979.23

In moving to Portland, he incurred the following unreimbursed moving expenses:

$495 in gasoline. $295 for renting a truck from IGOTYA rentals. $125 in food. $465 for motel lodging on the way to Portland.

He also received two Forms 1098-E. One was from the federal student loan program, which showed $450 of student loan interest; the other was from SoCal Credit Union and showed $150.75 of student loan interest.

Required:

Prepare a Form 1040, a Form 3903, and Schedule 1. (Do not round intermediate computations. Round your final answers to the nearest whole dollar amount. Input all the values as positive numbers. Instructions can be found on certain cells within the forms.)

Use the appropriate Tax Tables.

1 Wages, salaries, tips, etc. Altach Form(s) W-2 67,533 2a Tax-exempt interest 2a 2b 3a Qualified dividends 3a b Taxable interest. Attach SchB required b Ordinary dividends. Altach Sch. Bi required b Taxable amount 3b 4a IRA distributions 4 4b c Pensions and annuities 46 d Taxable amount 4d nd b Taxable amount Sb 6 7a Tb 67,533 Sa Social security benefits 5a 6 Capital gain or loss) Attach Schedule Drequired. If not required. check here Ta Other income from Schedule 1, line 9 b Add lines 1, 2, 3, 4, 4, 5, 6, and 7a. This is your total income 8a Adjustments to income from Schedule 1, line 22 b Subtract line Ba from line 7b. This is your adjusted gross income Standard deduction or itemized deductions from Schedule A) 10 Qualified business income deduction. Allach Form 8995 or Form 8995-A Ba Bb 67,533 12,200 10 11a Add lines and 10 11a 12,200 55,333 b Taxable income. Subtract line 11a from line 8 11b (2) 4972 (3) 12a 12a Tax (see inst.) Check if any from Form(s): (1)8814 b Add Schedule 2. line 3, and line 12a and enter the total 12b 13a 13b 14 15 13a Child tax credit or credit for other dependents b Add Schedule 3. line 7 and line 13a and enter the total 14 Subtract line 136 from line 12b. If zero or less enter -0. 15 Other taxes, including sof employment tax, from Schedule 2. line 10 16 Add lines 14 and 15. This is your total tax 17 Federal income tax withheld from Forms W-2 and 1099 18 Other payments and refundable credits: a Earned Income credit (EIC) b Additional child tax credit. Attach Schedule 8812 16 17 8,105 18a 18b 18c 18d c American opportunity credit from Form 8863, line 8 d Schedule 3. line 14 Add lines 18a through 18d. These are your total other payments and refundable credits 19 Add lines 17 and 18e. These are your total payments 180 19 8,105 OMB No 15450074 Form 3903 Moving Expenses 2019 Department of the Treasury Go to wwwins gowl Form3903 for instructions and the latest information Attachment Intemal Revenue Service (99) Attach to Form 1040, Form 1040-SR, or Form 1040-NR. Sequence No 170 Name(s) shown on return Your social security number Jason Ready 412-34-5670 Before you begin: You can deduct moving expenses only if you are a Member of the Armed Forces and meet certain other requirements. See the instructions to find out if you quality 1 Transportation and storage of household goods and personal effects (see instructions) 1 295 2 Travel (including lodging) from your old home to your new home (see instructions) Do not include the cost of meals 2 960 3 Add lines 1 and 2 3 1,255 4 Enter the total amount the government paid you for the expenses listed on Ines 1 and 2 that is not included in box 1 of your Form W-2 (wages). This amount should be shown in box 12 of your Form W-2 with code P 5 Is Iine 3 more than line 47 No. You cannot deduct your moving expenses. If line 3 is less than line 4, subtract line 3 from line 4 and include the result on Form 1040 or Form 1040-SR, line 1; or Form 1040-NR, line 8 Subtract line 4 from line 3. Enter the result here and on Schedule 1 (Form 1040 or 1040-SR), line 13, or Form 1040-NR, line 26. This is your moving expense deduction 1,255 For Paperwork Reduction Act Notice, see your tax return instructions. Cat No. 124SOK Form 3903 (2019) Yes. OMB No 1545-0074 SCHEDULE 1 (Form 1040 or 1040-SR) Additional Income and Adjustments to Income 2019 Attachment Sequence No 01 Your social security number 412-34-5670 1 2a Department of the Treasury Attach to Form 1040 or 1040-SR. Internal Revenue Service Go to www.rsgow Form 100 for instructions and the latest information Name() shown on Form 1040 or 1040-SR Jason Ready Part 1 Additional Income 1 Taxable refunds, credits, or offsets of state and local income taxes Alimony received Date of original divorce or separation agreement (see instructions) Business income or (loss). Attach Schedule C Other gains or losses). Altach Form 4797 Rental real estate, royalties, partnerships, Scorporations, brusts, etc. Attach Schedule E Farm income or loss). Attach Schedule F Unemployment compensation Other income List type and amount b 3 3 4 4 5 6 7 8 9 Part II Combine lines 1 through 8. Enter here and on Form 1040 or 1040-SR line 7a Adjustments to Income Educator expenses 10 10 11 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 11 12 12 13 13 1.255 14 14 15 15 16 16 17 17 Health savings account deduction. Attach Form 3889 Moving expenses for members of the Armed Forces Attach Form 3903 Deductible part of self employment tax. Attach Schedule SE Self-employed SEP, SIMPLE, and qualified plans Self-employed health insurance deduction Penalty on early withdrawal of savings Alimony paid Recipient's SSN Date of original divorce or separation agreement (see instructions) IRA deduction Student loan interest deduction Reserved for future use 18 18a 19 19 20 20 21 21 22 Add lines 10 through 21. These are your adjustments to income Enter here and on Form 1040 or 1040-SR, line Ba 22 1,255 For Paperwork Reduction Act Notice, see your tax return instructions Cat No. 71479F Sheride IRIA 1 Wages, salaries, tips, etc. Altach Form(s) W-2 67,533 2a Tax-exempt interest 2a 2b 3a Qualified dividends 3a b Taxable interest. Attach SchB required b Ordinary dividends. Altach Sch. Bi required b Taxable amount 3b 4a IRA distributions 4 4b c Pensions and annuities 46 d Taxable amount 4d nd b Taxable amount Sb 6 7a Tb 67,533 Sa Social security benefits 5a 6 Capital gain or loss) Attach Schedule Drequired. If not required. check here Ta Other income from Schedule 1, line 9 b Add lines 1, 2, 3, 4, 4, 5, 6, and 7a. This is your total income 8a Adjustments to income from Schedule 1, line 22 b Subtract line Ba from line 7b. This is your adjusted gross income Standard deduction or itemized deductions from Schedule A) 10 Qualified business income deduction. Allach Form 8995 or Form 8995-A Ba Bb 67,533 12,200 10 11a Add lines and 10 11a 12,200 55,333 b Taxable income. Subtract line 11a from line 8 11b (2) 4972 (3) 12a 12a Tax (see inst.) Check if any from Form(s): (1)8814 b Add Schedule 2. line 3, and line 12a and enter the total 12b 13a 13b 14 15 13a Child tax credit or credit for other dependents b Add Schedule 3. line 7 and line 13a and enter the total 14 Subtract line 136 from line 12b. If zero or less enter -0. 15 Other taxes, including sof employment tax, from Schedule 2. line 10 16 Add lines 14 and 15. This is your total tax 17 Federal income tax withheld from Forms W-2 and 1099 18 Other payments and refundable credits: a Earned Income credit (EIC) b Additional child tax credit. Attach Schedule 8812 16 17 8,105 18a 18b 18c 18d c American opportunity credit from Form 8863, line 8 d Schedule 3. line 14 Add lines 18a through 18d. These are your total other payments and refundable credits 19 Add lines 17 and 18e. These are your total payments 180 19 8,105 OMB No 15450074 Form 3903 Moving Expenses 2019 Department of the Treasury Go to wwwins gowl Form3903 for instructions and the latest information Attachment Intemal Revenue Service (99) Attach to Form 1040, Form 1040-SR, or Form 1040-NR. Sequence No 170 Name(s) shown on return Your social security number Jason Ready 412-34-5670 Before you begin: You can deduct moving expenses only if you are a Member of the Armed Forces and meet certain other requirements. See the instructions to find out if you quality 1 Transportation and storage of household goods and personal effects (see instructions) 1 295 2 Travel (including lodging) from your old home to your new home (see instructions) Do not include the cost of meals 2 960 3 Add lines 1 and 2 3 1,255 4 Enter the total amount the government paid you for the expenses listed on Ines 1 and 2 that is not included in box 1 of your Form W-2 (wages). This amount should be shown in box 12 of your Form W-2 with code P 5 Is Iine 3 more than line 47 No. You cannot deduct your moving expenses. If line 3 is less than line 4, subtract line 3 from line 4 and include the result on Form 1040 or Form 1040-SR, line 1; or Form 1040-NR, line 8 Subtract line 4 from line 3. Enter the result here and on Schedule 1 (Form 1040 or 1040-SR), line 13, or Form 1040-NR, line 26. This is your moving expense deduction 1,255 For Paperwork Reduction Act Notice, see your tax return instructions. Cat No. 124SOK Form 3903 (2019) Yes. OMB No 1545-0074 SCHEDULE 1 (Form 1040 or 1040-SR) Additional Income and Adjustments to Income 2019 Attachment Sequence No 01 Your social security number 412-34-5670 1 2a Department of the Treasury Attach to Form 1040 or 1040-SR. Internal Revenue Service Go to www.rsgow Form 100 for instructions and the latest information Name() shown on Form 1040 or 1040-SR Jason Ready Part 1 Additional Income 1 Taxable refunds, credits, or offsets of state and local income taxes Alimony received Date of original divorce or separation agreement (see instructions) Business income or (loss). Attach Schedule C Other gains or losses). Altach Form 4797 Rental real estate, royalties, partnerships, Scorporations, brusts, etc. Attach Schedule E Farm income or loss). Attach Schedule F Unemployment compensation Other income List type and amount b 3 3 4 4 5 6 7 8 9 Part II Combine lines 1 through 8. Enter here and on Form 1040 or 1040-SR line 7a Adjustments to Income Educator expenses 10 10 11 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 11 12 12 13 13 1.255 14 14 15 15 16 16 17 17 Health savings account deduction. Attach Form 3889 Moving expenses for members of the Armed Forces Attach Form 3903 Deductible part of self employment tax. Attach Schedule SE Self-employed SEP, SIMPLE, and qualified plans Self-employed health insurance deduction Penalty on early withdrawal of savings Alimony paid Recipient's SSN Date of original divorce or separation agreement (see instructions) IRA deduction Student loan interest deduction Reserved for future use 18 18a 19 19 20 20 21 21 22 Add lines 10 through 21. These are your adjustments to income Enter here and on Form 1040 or 1040-SR, line Ba 22 1,255 For Paperwork Reduction Act Notice, see your tax return instructions Cat No. 71479F Sheride IRIA