Prepare a 2020 Form 1040 for Jorge Gomez, he is a single taxpayer. His SSN is 412-34-5670, and he lives at 5037 Circle Court, Crestview, IL 60543.

Wages from W2 $94850

Taxable Int $250

Ordinary DIV $1600

Capital Gain $1000

He is taking the standard deduction.

Taxable income is $85,300.

I'm having a hard time calculating the Tax for line 16.

I believe the capital gain of $1000 should be taxed at 15% I'm not sure how to make this all fit together.