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please help to fill the 2 sheets acording to the information on the first page Age 2019 Income and expense Items Alice Bryd Bruce Byrd
please help to fill the 2 sheets acording to the information on the first page
Age 2019 Income and expense Items Alice Bryd Bruce Byrd Carol Byrd - Full Time student- Earned $2,000 in Wages David Byrd 55 65 23 15 Alice Byrd 58.000 6,000 Description Wages - Nurse Federal income tax withheld State income tax withheld US Treasury Bond Interest Qualified Dividend Income Private Activity Bond Interest - issued 2010 Individual Retirement Account Contribution Partnership Loss - Passive 3,000 2,000 1,000 2,000 6,000 10,000 Partnership Income - Material Participation - Architectual Consulting Long-Term Capital Gain - Stock Sale Short Term Capital Loss - Stock Sale Rental Real Estate Gross Income Active Participation Rental Real Estate Expenses Active Participation Estimated Federal Income Taxes Paid Self Employment Taxes on Consulting Income Estimated State Income Taxes Paid Self-employed retirement The Byrds had the following medical expenses for 2018: Medical insurance premiums Doctor bills paid Prescription medicines Reimbursement from insurance company, received in 2018 Bruce Byrd 100,000 5,000 3,000 220,000 200,000 15,000 14,130 5,000 10,000 Real estate property taxes - residence Qualified interest on home mortgage Repairs to roof - Residence Utilities Residence Fire and theft insurance Residence Mortgage Insurance - Residence Charitable Contributions to Church - Cash Charitable Contributions to Church - car with Fair Market Value of Bicycle stolen from their garage - Cost and fair market value 12,000 5,000 1,000 6,000 Joint 5,000 8,700 5,750 4,100 1,900 2,000 2,400 5,000 500 Description Gross Income: Wages Interest Dividends Pensions Social Security Schedule D Taxable Refunds Alimony Schedule C Form 4797 Schedule E Schedule F Unemployment Compensation Other Total Income Deductions for AGI Educator expenses Health savings account deduction 1/2 Self emp[loyment tax Self-employed Retirement Penalty on early withdrawal of savings Alipony paid IRA deduction Student Loan Interest deduction Tuition and fees Form 8917 Other (military moving, certain business expenses, etc) Total deductions for AGI Deductions from AGI Itemized deductions Medical expense over 7.5% AGI State and local taxes Mortgage Interest Mortgage Points Other Points Mortgage insurance premiums Allowed Investment Interest Form 4952 Charitable contributions Allowed casualty losses Federal disaster Form 4684 Allowed miscellaneous itemized Total itemized Standard deduction Qualified Business income deduction Taxable income Taxable income from above LT Gapital gains (0,15,20%) Ordinary income Tax Child tax credit or other dependents Additional taxes Alternative minimum Tax Self-emploment tax Other SS or Medicare taxes Other taxes Total taxes Payments Federal income tax withheld Excess social security taxes withheld Other payments or refundable credits Earned Income credit Additional child tax credit Form 8812 American opportunity credit Form 8863 Foreign tax credit Total payments Amount due or refund Age 2019 Income and expense Items Alice Bryd Bruce Byrd Carol Byrd - Full Time student- Earned $2,000 in Wages David Byrd 55 65 23 15 Alice Byrd 58.000 6,000 Description Wages - Nurse Federal income tax withheld State income tax withheld US Treasury Bond Interest Qualified Dividend Income Private Activity Bond Interest - issued 2010 Individual Retirement Account Contribution Partnership Loss - Passive 3,000 2,000 1,000 2,000 6,000 10,000 Partnership Income - Material Participation - Architectual Consulting Long-Term Capital Gain - Stock Sale Short Term Capital Loss - Stock Sale Rental Real Estate Gross Income Active Participation Rental Real Estate Expenses Active Participation Estimated Federal Income Taxes Paid Self Employment Taxes on Consulting Income Estimated State Income Taxes Paid Self-employed retirement The Byrds had the following medical expenses for 2018: Medical insurance premiums Doctor bills paid Prescription medicines Reimbursement from insurance company, received in 2018 Bruce Byrd 100,000 5,000 3,000 220,000 200,000 15,000 14,130 5,000 10,000 Real estate property taxes - residence Qualified interest on home mortgage Repairs to roof - Residence Utilities Residence Fire and theft insurance Residence Mortgage Insurance - Residence Charitable Contributions to Church - Cash Charitable Contributions to Church - car with Fair Market Value of Bicycle stolen from their garage - Cost and fair market value 12,000 5,000 1,000 6,000 Joint 5,000 8,700 5,750 4,100 1,900 2,000 2,400 5,000 500 Description Gross Income: Wages Interest Dividends Pensions Social Security Schedule D Taxable Refunds Alimony Schedule C Form 4797 Schedule E Schedule F Unemployment Compensation Other Total Income Deductions for AGI Educator expenses Health savings account deduction 1/2 Self emp[loyment tax Self-employed Retirement Penalty on early withdrawal of savings Alipony paid IRA deduction Student Loan Interest deduction Tuition and fees Form 8917 Other (military moving, certain business expenses, etc) Total deductions for AGI Deductions from AGI Itemized deductions Medical expense over 7.5% AGI State and local taxes Mortgage Interest Mortgage Points Other Points Mortgage insurance premiums Allowed Investment Interest Form 4952 Charitable contributions Allowed casualty losses Federal disaster Form 4684 Allowed miscellaneous itemized Total itemized Standard deduction Qualified Business income deduction Taxable income Taxable income from above LT Gapital gains (0,15,20%) Ordinary income Tax Child tax credit or other dependents Additional taxes Alternative minimum Tax Self-emploment tax Other SS or Medicare taxes Other taxes Total taxes Payments Federal income tax withheld Excess social security taxes withheld Other payments or refundable credits Earned Income credit Additional child tax credit Form 8812 American opportunity credit Form 8863 Foreign tax credit Total payments Amount due or refundStep by Step Solution
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