Please help me how to fill out these taxes return forms thank you so much
Danae Coleman is single and lives at 5411 Melbourne Avenue. Chicago, IL 60455. She is a supervisor and her SSN Is 412-34-5670. Using the following Information, complete her tax return for 2019: Kimber Company W-2: Gross $90, 090 Social security tax 5,580 Medicare tax 1, 305 Federal withholding tax 16,300 State withholding tax 2, 700 Lee Company W-2: Gross $22, 500 Social security tax 1, 395 Medicare tax 326 Federal withholding tax 2,300 State withholding tax 690 Dance has the following itemized deductions: Real estate tax $ 7, 633 Mortgage interest 8,445 Charitable contributions 3,090 Danze has the following investments: 1099-INT $ 2,510 1099-DIV Ordinary dividends 2,389 Qualified dividends 1,963 Capital gain distribution 4, 711 2018 short-term loss carryover (1, 090) He also has received Interest from a 1099-INT of $2,510 from Asha Corporation Bank and a dividend from a Form 1099-DIV of $2,389 In ordinary dividends received from Mint brokerage. of which $1.963 are considered qualified dividends. Danae received a gift of 2.000 shares of FNP Inc. stock from her Aunt Jane on January 19. 2019. The basis of the shares to Aunt Jane was $4.300, and they had an FMV of $4,600 on the date of the gift Aunt Jane purchased the stock on December 30, 2017. On June 30, 2019, Danae sold all the shares for $6,000. Danae Is an avid stamp collector and purchased a rare stamp on March 20, 2009. for $4,000. She sold the stamp for $6,000 on April 8. 2019. Required: Prepare Form 1040 and all related schedules, forms, and worksheets for 2019. Danae does not donate to the presidential election campaign. Danae is a manager at Kimber Company and had qualifying health care coverage at all times during the tax year. (Indicate losses with minus sign and enter all other values as positive amounts. Round your final answers to nearest whole dollar.) Use the appropriate Tax Tables and Tax Rate Schedules.1040 PG 1 1040 PG 2 Schedule A |Schedule B Schedule D |Schedule D |Form 8949 Tax Tax PG1 PG2 PG 2 Rate Gain Worksheet Worksheet PG1 PG2 Page 1 of Form 1040. Use provided information and follow instructions on form. Depertment of the Treasury-Internal Revenue Service Form 1040 2019 OMB No. 1545-0074 U. B. Individual Income Tax Retum RB Use Only-Do not write or staple In this space. Filling Statue Bingle Married filing Jointly Married filing separately (MFS) Heed of household (HOH) Qualifying widowter] (GW) Check onb one box. if you checked the MFS box, enter the name of spouse. If you checked the HOH or QW box, enter the child's neme If the qualifying person is a child but not your dependent. + Your first name and middle Initle Last name four coolal ceourity number (Enter as xxx-xx-xxxx() Danae Coleman 412-34-5670 If Joint return, spouse's first name and middle Initia Last name spouse's coolall scourity number (Enter es xxx-xx- Home address (number and street). If you have = P.O. box, see Instructions. Apt. no. Presidential Election Campaign 5411 Melbourne Avenue Check here If you, or your spouse If fling Jointly, want $3 City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see Instructions). to go to this fund. Checking a box below will not change Your tex or refund. Chicago, IL 80455 YOU Spouse Foreign country name Foreign province/state/county Foreign postal code If more than four dependents, see Instructions and of here 0 Standard Someone can claim: You as a dependent Your spouse as a dependent Deduction |Spouse Itemizes on a separate return or you were a duel-status allem AgniBlindneck You: IWere born before Jenuary 2, 1958 Are blind Bpouca: Wes born before Jenuary 2, 1958 Is blind Dependents (see Instructions); (2) Social security number (3) Relationship to you (4) W quelines for (see Instructions) (1) First neme Last name (Enter as xxx-xx-xxxx) Child tex credit Credit for other dependents 1 Weges, selaries, tips, etc. Attach Formis) W-2 28 Tex-exempt Interest b Taxable Interest. Attech 8ch. B M required 28 Qualfled dividends b Ordinary dividends. Attach 8ch. B In required Standard Deduction for 48 IRA distributions b Taxable amount Bingle or Married o Pensions end enmultles filing separately. d Taxable emount $12,200 Ba Bockel security benefits b Taxable amount " Married fling 8 Capital gain or (loss]. Attach Schedule D If required. If not required, check here -O Qualifying widower 78 Other Income from Schedule 1, line 9 112,500 $24,400 Head of b Add lines 1, 26, 30, 40, 41, 50, 6, and 78. This Is your total Income 12,500 household $18,350 Ba Adjustments to Income from Schedule 1, line 22 2,51 " If you checked any box under b Subtract Ine S: from line 70. This Is your adjusted gross Income 109,990 Standard B Standard deduction or Itemized deductions (from Schedule A) Deduction, see Instructions. 10 Qualfled business Income deduction. Attach Form 8998 or Form 8985-A 10 Ha Add lines 9 and 10 b Taxable Income. Subtract Ine Me from line Bb 118 116 068 601 For Dicolocure, Privacy Act, and Paperwork Reduction Act Notice, ces ceparate Instructions. Cat. No. 113208 Form 1040 (2019) THIS FORM 18 A SIMULATION OF AN OFFICIAL U. 8. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAX FILING & OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. @ 2020 MoGraw-HIll Education. 1040 PG 1 1040 PG 2 >Tax 1040 PG 1 1040 PG 2 Schedule A |Schedule B Schedule D |Schedule D Form 8949 Tax PG1 P G2 PG 2 Rate Gain Worksheet Worksheet PG1 PG2 Page 2 of Form 1040. Some information does not carry over from Page 1 Form 1040 (2019) Danae Coleman 412-34-5870 12a Tax (see Inst.) Check If any from Form(s]: (1) 8814 (2) 4972 (3) b Add Schedule 2, Ine 3, and line 12: end enter the total 1 120 13a Child tax credit or credit for other dependents Add Schedule 3, Ine 7, and line 13: and enter the total 14 Bubtrect line 130 from Ine 120. If zero or less, enter -0. 14 16 Other texes, Including self-employment tax, from Schedule 2, line 10 8 Add Ines 14 and 15. This Is your total tax 17 Federal Income tax withheld from Forms W-2 and 1089 17 " If you have a 18 Other payments end refundeble credits: quallying child, attach Bch. EIC a Eamed Income credit (EIC) " If you have x credit. Attach Schedule 8812 nontaxable 12b combat pay, see American opportunity credit from Form 8863, IInc 8 180 Instructions. d Schedule 3, IIne 14 Add lines 18: through 18d. These are your total other payments and refundable oredits 18 Add Ines 17 and 18e. These are your total payments 18 Refund 20 If lime 19 Is more than line 16, subtract Ine 16 from line 19. This Is the amount you overpaid 20 218 Amount of line 20 you want refunded to you. If Form 8838 Is attached, check here - 0 21a Direct deposit? - b Routing number TO TYPE checking Eswings Bge Instructions. - d Account number 2 Amount of line 20 you want applied to your 2020 estimated tax - 22 Amount 25 Amount you owe. Subtract line 19 from Ine 16. For details on how to pay, see Instructions You Owe 24 Estimated tax penalty (see Instructions) -1 24 Third Party Do you went to allow another person (other then your paid preparer) to discuss this return with the IRS? See Instructions 786. Complete Designee below No [Other than Designed's Phone Personal Identification peld prepever) number (PIN) - Sign Under penalties off perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and beller, Here they are true, correct, and complete. Declaration of prepever (other than texpayer) Is based on ell Information of which prepever has any knowledge. Your signature Date Your occupetlan If the IRS sent you en Identity Joint retum? Protection PIN, enter It here Bee Instructions. (see Inst.) Keep a copy for Your records. Spouse's signature. If' : Joint return, both must sign. Date Bpouse's occupation " the IRS sent your spouse en dentity Protection FIN, enter It here (see Inst.) Phone no. Emall address Preperer's name Date PTIN Paid Preperer's signature Check It Preparer Use Only Firm's name - Phone no and Faty Designer Belt-employed Firm's address Firm's EIN Go to www.Irc.gov/Form1040 for Instructions and the latest Information. Form 1040 (2019) THIS FORM IS A SIMULATION OF AN OFFICIAL U. 8. TAX FORM. IT IS NOT THE OFFICIAL FORM IT SELF. DO NOT USE THIS FORM FOR TAX FILING : OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. @ 2020 MoGraw-HIll Education. 1040 PG 1 Schedule A >1040 PG 1 1040 PG 2 Schedule A |Schedule B Schedule D |Schedule D Form 8949 PG1 PG2 PG 2 Rate Gain Worksheet Worksheet PG2 Page 2 of Form 1040. Some information does not carry over from Page 1. Form 1040 (2019) Danae Coleman 412-34-5870 Check my work 1040 PG 1 1040 PG 2 Schedule A Schedule : Schedule D Schedule D Form 8949 1 2X PG1 PG2 PG 2 Rate Gain Worksheet Worksheet PG1 PG2 Schedule A of Form 1040. SCHEDULE A OMB NO. 1545-007. (Form 1040 or 1040-SR) Itemized Deductions + Go to www.Mrs.gow and the latest Information 2019 Depertment of the Treasury Attach to Form 1040 or 1040-BR. Internal Revenue Service (93) Caution: If you are claiming & net quallfled digester loss on Form 4684, see the Instructions for Attachment Sequence No. 07 Name(s) shown on Form 1040 or 1040-8R Your coolal ceourity number Dana Coleman 412-34-5870 Medical Caution: Do not Include expenses reimbursed or peld by others and Medical end dental ex Dental Expenses 2 Enter amount from Form 1040 or 1040-BR, Ine 80 2 Multiply Ine 2 by 7.59% (0 079 Subtract line 3 from line 1. If line 3 Is more than line 1, enter -0- 4 Taxes You 6 State and local texes Paid a State and local Income taxes or general seles taxes. You may Include either Income taxes or general seles taxes on line 58, but not both. If you elect to Include general sales tcomes Insteed of Income taxes, check this box b atete and local reel estate taxes (see Instructions) o State and local personal property taxes d Add lines Se through Bc Enter the smaller of line Ed or $10,000 ($5,000 If married filing separately 6 Other taxes. List type and amount 6 7 Add lines Se and 7 Home mortgage Interest and points. If you didn't use all of your home Interest You mortgage loanis) to buy, build, or Improve your home, see Paid Instructions and check this box Home mortgage Interest and points reported to you on Form 1098. Bee Instructions M Imited Ba Caution: Your Home mortgage Interest not reported to you on Form 1098. act mortgage Interest instructions M Imited. If pald to the person from whom you bought the deduction may be home, see Instructions end show that person's name, Identifying no., and Imited (see address . Instruction). rules o Points not reported to you on Form 1083. Bee Instructions for special BC d Mortgage Insurance premiums (see Instructions] Add lines Ba through Ed B Investment Interest. Attech Form 4952 M required. See Instructions 9 10 Add Ines Be and 9 10 Gifts to Instructions 1 Gifts by cash or check. If you made any gift of $250 or more, see 11 Charity 12 Other them by cash or check. If you made any gift of $250 or more, Caution: If you made see Instructions. You must attach Form 8283 If over $500 12 : gift and got a benefit for It, see Instructions. 13 Camryover from prior year 11 through 13 14 Casualty and 16 Casualty and theft loss(es) from a federally declared disaster (other then net qualified disaster losses]1040 PG 1 1040 PG 2 Schedule A Schedule a Schedule D|Schedule D|Form 8949 PG1 PGZ PG 2 Rate Gain Worksheet Worksheet PG1 PG2 Schedule B of Form 1040. SCHEDULE B Interest and Ordinary Dividends OMB No. 1545-0074 (Form 1040 or 1040-SR) Depertment of the Treasury - Go to www.Irc.govi Schedules for Instructions and the latest Information. 2019 nternal Revenue Bervice (39] " Attach to Form 1040 or 1040-BR ment Sequence No. 08 Name(s) shown on return Danae Your social security number Coleman 412-34-5670 Part I Amount Interest 1 List neme of payer. If any Interest is from a seller-financed mortgage and the buyer used the property as a persona residence, see the Instructions and list this Interest first. Also, show that buyer's social security number and address face Instructions and the Instructions for Forms 1040 and 1040-2R, Ine 26.) Note: If you received a Form 1 098-INT, Form 1099-DID, or ute stateren from a brokerage firm, list the firm's name es the peyer and enter the totel that form. shown on 2 Add the amounts on line 1 8 Excludable Interest on series BE and I U.8. savings bonds Issued after 1985. Attach Form 2815 4 Subtract line 3 from line 2. Enter the result here and on Form 1040 or 1040-BR, Ine 28 - Note: If Ine 4 Is over $1,500, you must complete Part II. Amount Part II 6 List name of payer + Ordinary Dividends [Bee Instructions and the Instructions for Form 1040, Ine 20) Note: If you receive Form 1098-DIV or substitute statement from a brokerage st the firm's name es the peyer and enter the ordinary dividends shown on that form. Add the amounts on line 5. Enter the total here and on Form 1040 or 1040-BR, Ine 36 - Note: If line : Is over $1,500, you must complete Part II. Part III You must complete this pert If you (a) had over $1,900 of taxe ble Interest or ordinary dividends; (b] hed a foreign account; Foreign or dol received a distribution from, or were a grentor of, or a transferor to, a foreign trust. Yes No Accounts and Trusts 78 At any time during 2019, did you have a financial Interest In or signature authority over a financial account (such as a bank account, securities account, or brokerage account) located In a foreign country? See Instructions if "Yes," are you required to Mile FinCEN Form 114, Report of Foreign Bank end Financial Accounts (FEAR], to report that Caution: If required. financial Interest or signature authority? Bee FinCEN Form 114 and Its Instructions for filing requirements and exceptions to fallure to file FinCEN those requirements Form 114 may result b If you are required to file FinCEN Form 114, enter the name of the foreign country where the "nencial account Is located In substantial penalties. Bee Instructions. 8 During 2019, did you receive a distribution from, or were you the grantor of, or transferor to, a foreign trust? If "Yes, " you may have to file For 3820. Bee Instructions For Paperwork Reduction Aot Notion, Goes your tax return Inctructions. Cut. No. 1714EN Bohedule B (Form 1040 or 1040-BR) 2018 THIS FORM 18 A SIMULATION OF AN OFFICIAL U. E. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAX FILING & OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. 3 2020 MoGraw-Hill Education. Schedule A Schedule D PG1 >Use the appropriate lax lables and lax Hate Schedules. 1040 for a Single taxpayer with no dependents. 1040 PG 1 1040 PG 2 Schedule A |Schedule B Schedule D Schedule D Form 8949 Tax Tax PGi PG2 PG 2 Rate Gain Worksheet Worksheet PG1 PG2 Schedule D Page 1 of Form 1040. SCHEDULE D Capital Gains and Losses OME No. 1545-0074 (Form 1040 or 1040-SR) " Attach to Form 1040, 1040-BR, or 1040-NR. Depertment of the Treasury " Go to www.irs. nowScheduleD for Instructions and the latest Information. 2019 Internal Revenue Service (83) - Uce Form 8949 to llet your trancaotions for IInes 1b, 2, s, ab. 8, and 10. Attechment Sequence No. 12 Name(5) shown on return Your coolal security mumbe Danae Coleman 412-34-5670 Did you dispose of any Investment() In a qualified opportunity fund during the tex year? Yes No If Yes, " attach Form 8948 and see its Instructions fo quirements for reporting your gain or loss Part I Short-Term Capital Gains and Losses-Generally Assets Held One Year or Less (see instructions) Bee Instructions for how to figure the amounts to enter on the lines below. [d) Proceeds (sules (e) Cost for other To) Adjustments to gain or loss from This form may be easier to complete If you is to whole dollars. price) busts] Form(s) 8949, Part I, (hj Galn or (locc). Subtract column (e] from Ine 2, column (0) |column (d) and combine the result with column () 1a Totals for all short-term basis we [see Inst awever, If you choose to re 1b Totals for all the with Box A checked 2 Totals for ell trense Box B checked & Totals for = x C checked 4 Short-term 1 8262 and mm gein or (loss) from Forms 4634, 6781, and 2624 6 Net short-term gain or (loss) from partnerships, 3 corporations, estates, and trusts from Schedule(s) K-1 6 Short-term capital loss carryover. Enter the amount, If any, from line & of your Capital Locc Carryover Workcheat In the Instructions (Enter as negative) of 7 Net chort-term ospital gain or (loss). Combine lines fe through 6 In column (h). If you have any long-term capital gains or losses, go to Part II below. Otherwise, go to Part III on page 2 Part II Long-Term Capital Gains and Losses-Generally Assets Held More Than One Year (see instructions) Bee Instructions for how to figure the amounts to enter on the lines below. [d) Proceeds (seles al Adjustments to price) gain or loss from his form may be easter to complete If you round off cents to whole dollars [ej Cost or other Bess] Formis) 8049, Part II, (hj Gain or (loco). Subtract column (e) from Ine 2, column (c) |column (d) and combine the result with column () 8a Totals for all long-term trensections reported on Form 1089-8 for which busis wes reported to the IRS and for which you have no adjustments these transactions on For 8949, leave this line blenk and go to Ine 80 8b Totals for all transactions reported on Formis] 8949 with Box D checked B Totells for ell trensections r his reported on Form(s) 8949 with Box E checked 10 Totals for all trensections reported on Form(5) 8949 with Box F checked 11 Gain from Form 4797, Pert I; long-term gain from Forms 2438 and #252; and long-term gain or (loss) from Forms 48 84, 8781, and #324 12 Net long-term gein or (Joss) from partnerships, 8 corporations, estates, and trusts from Schedule(s) K-1 18 Capital gain distributions. See the Instructions 14 Long-te capital loss carryover. Enter the amount, If any, from line 13 of your Capital Locs Carryover Workcheat In the Instructions (Enter as negative) 1= 16 Net long-term osplital gain or (locs]. Combine lines Sa through 14 In column (h). Then go to Part III on page 2 For Paperwork Reduction Aof Notlos, Gus your tax return Inctruetions. Cat. No. 11838H Bonedule D (Form 1040 or 1040-BR) 2018 THIS FORM 13 A SIMULATION OF AN OFFICIAL U. B. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAX FILING & OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. @ 2020 MoGraw-HIll Education