Required information [The following information applies to the questions displayed below) John and Sandy Ferguson got married eight years ago and have a seven-year-old daughter, Samantha. In 2020. John worked as a computer technician at a local university earning a salary of $152,000, and Sandy worked part time as a receptionist for a law firm earning a salary of $29,000. John also does some Web design work on the side and reported revenues of $4,000 and associated expenses of $750. The Fergusons received $800 in qualified dividends and a $200 refund of their state income taxes, The Fergusons always itemize their deductions, and their itemized deductions were well over the standard deduction amount last year. The Fergusons had qualifying insurance for purposes of the Affordable Care Act (ACA). Use Exhibit 8-9. Tax Rate Schedule Dividends and Capital Gains Tax Rates.2020 AMT exemption for reference The Fergusons reported making the following payments during the year. State income taxes of $4,400. Federal tax withholding of $21000 Alimony payments to John's former wife of $10,000 (divorced on 12/31/2014) Child support payments for John's child with his former wife of $4,100. $12,200 of real property taxes. Sandy was reimbursed $600 for employee business expenses she incurred. She was required to provide documentation for her expenses to her employer $3.600 to Kid Care day care center for Samantha's care while John and Sandy worked $14,000 interest on their home mortgage ($400,000 acquisition debt) $3,000 interest on a $40,000 home-equity loan. They used the loan to pay for a family vacation and new car $15,000 cash charitable contributions to qualified charities. Donation of used furniture to Goodwill. The furniture had a fair market value of $400 and cost $2,000. Complete pages 1 and 2. Schedule 1. Schedule 2 and Schedule 3 of Form 1040 and Form 6251 for John and Sandy John and Sandy Ferguson's address is 19010 NW 135th Street, Miami, FL 33054 Social security numbers John (DOB 11/07/1970): 111-11-1111 Sandy (DOB 6/24/1972): 222-22-2222 Samantha (DOB 9/30/2016) 333-33-3333 Complete pages 1 and 2. Schedule 1, Schedule 2. and Schedule 3 of Form 1010 and Form 6251 for John and Sandy John and Sandy Ferguson's address is 19010 NW. 135th Street, Miami, FL 33054. Check my work Social security numbers: John (DOB 11/07/1970): 111-11-1111 Sandy (DOB 6/24/1972): 222-22-2222 Samantha (DOB 9/30/2016): 333-33-3333 Alimony recipient 555-55-5555 (Input all the values as positive numbers. Round your intermediate calculations and final answers to the nearest whole dollar. Use 2020 tax rules regardless of year on tax form.) 1040 for a couple Married Filing Jointly with two dependents. 1040 PG 1 1040 PG 2 Schedule 1 Schedule 2 Schedule 3 6251 PG 1 Page 1 of Form 1040. Use provided information and follow instructions on form. Form 1040 - US. Individual Income Tax Return 2019 OMB No 15450074 RS Use Only-Doo write in Filing Status Single Married fling jointly Married flog separately (MFS) Head of household HOO Qualitying widowano Check only If you checked the MFS box enter the name of spouse: If you checked the HOH OF GW box, enter the child's name the qualifying person is one box a child but not your dependent Your society um Your first name and middle initial Ender) Lastame Last name If joint return spouse's first name and middle initial Apt.no Presidential Election Cam Home address number and street). If you have a PO box, see instructions Check here you or your spouse to go to the fund Checking a box below your tax or refund City town of post office state and ZIP code. If you have a foreign address to complete spaces below set instructions You Spouse if more than four dependent stru Foreign postal code Foreign country name Foreign province/statcounty And here Check my work Required information BYTE rundt PILIR GRAM and here Someone can Standard claim You as a dependent Your spouse as a dependent Deduction Spouse micson a separate return of you were a dual-stasien Age/Blindness You: Were born before January 2, 1955 Are blind Spouses Was bombefore January 2, 1955 blind Dependents (see instructions (2) Social security number (3) Relationship to you (4) i qualities for seint (1) First name Last name Enter as 100) Child tax credit Credit for o OOOO Wages, salaries, tips etc Attach Forms) W-2 2a Tax-exempt interest 1 20 6 Taxable interest. Altach Sch BH required b Ordinary dividends. Attach Sch B required Taxable amount d Taxable amount ed Taxable amount 50 6 Qualifying 7a 3a Qualified dividends 3 Standard 4a IRA distributions 4a Deduction for - Single or c Pensions and annuities 40 Married Sling separately Sa Social Security benefits Sa - Manted sing 6 Capital gain or loss). Attach Schedule D if required. If not required, check here 7a Other income from Schedule 1 line 9 Widower $24.400 b Add lines 1, 2b. 3. 4b 4d. 56, 6 and 7a. This is your total income Head of household sa Adjustments to income from Schedule 1. line 22 all you checked b Subtract line sa tromline 76 This is your adjusted gross income any box under Standard 9 Standard deduction or omized deductions from Schedule A) Deduction see instructions 10 Quanfied business inconse deduction Attach Form 8995 or Form 1995.A 11a Add lines 9 and 10 Taxable income Subtract line 11a from line 58 For Disclosure. Privacy Act, and Paperwork Reduction Act Notice, see separate instructions 7 Ba Bb 9 10 11a 11b Page 2 of Form 1040. Some information does not carry over from Page 1 Form 1040 (2019) . 12 130 14 15 16 17 - If you have a qualifying child atlach Sch. EIC - If you have Dontable combat pay see instructions 12a Tax (see inst) Check if any from For (1) 8814 )4972 (3) b Add Schedule 2 line 3, and line 128 and enter the total 13 Chadtax credit or credit for other dependents b Add Schedule 3. line 7 and Ine 13a and enter the total 14 Subtract line 13b from line 12b. If zero or less entero. 15 Other taxes, including self employment tax, tror 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 refundabin credits a Eamed income credit (EIC) 18 b Additional child accredit Altach Schedule 8812 180 cAmerican opportunity credit from Form 8563 line 8 180 d Schedule 3 line 14 180 e 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 20 tf line 19 is more than line 16, subtract line 16 from line 19. This is the amount you overpad 21 Amount of line 20 you want refunded to you. If Form 6888 is attached check here Routing number - Type Checking Savings d Account number 22 Amount of line 20 you want applied to your 2920 estimated tax 22 23 Amount you own Subtract line 19 from line 16. For details on how to pay see instructions 24 Estimated tax penalty (see instructions 24 Do you want to allow another person other than your paid prepared to discuss this retire with the IRS See ristrutons 180 19 20 Refund 21a Direct deposit See instructions 23 Amount You Owe Third Party Designee Ves Complete bel DO Ho Persondercation Other than paid preparer Designdes me Phone ne - nurtoe PR RRRRR Check my work Required information BUCURES d Account number 22 Amount of line 20 you want applied to your 2020 estimated tas Amount 23 Amount you owe. Subtractine 19 home 16. For details on how to pay, wees You Owe 23 24 Estimated tax penalty (see instructions) Third Party Do you want to allow another person (other than your paid prepare to this home the RS? Sections Yes Compte Designee No (Other than Designe's Phone Personal identification paid preparen name no number Sign Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements and to the best of my knowledge belet Here they are true correct and complete. Declaration of prepare folher than taxpayer is based on all information of which preparer has any knowledge Your signature the IRS send you an identity Date Your occupation Protection PIN, cofer there Joint return? See instructions see it) Keep a copy for the RS sent your spoutan your records. Spouse's signature of a joint return, both must sign Date Spouses occupation identity Protection PIN enter it here see inst Phone no Email address Preparer's signature Preparer's name Date PTIN Check if Paid 3rd Party Designe Preparer Phone no Selemad Firm's name Use Only Firm's EIN Firm's address Farm 1040 70 Go to www.is gov/Form 1040 for instructions and the latest information DSLR Schedule 1 of Form 1040. SCHEDULE 1 (Form 1040 or 1040-SR) OMB No. 1545-0074 Additional Income and Adjustments to Income 2019 Department of the Treasury Internal Revenue Service Attach to Form 1040 or 1040-SR. Go to www.lrs.gov/Form 1040 for instructions and the latest information Attachment Sequence No. 01 Name(s) shown on Form 1040 or 1040-SR Your social security number Enter as 600 At any time during 2019, did you receive, sell, send exchange, or otherwise acquire any financial interest in anyvirtual Yes No Part 1 Additional Income 1 2 28 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). Attach Form 4797 Rental real estate, royalties, partnerships, Scorporations trusts, etc. Allach Schedule E Farm income or loss). Attach Schedule Unemployment compensation Other income List type and amount 5 6 7 8 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 11 52 Certain business expenses of reservists, performing artists and fee-bass government officials Attach Fort 2106 Health savings account deduction Altach Form 8889 Moving expenses for members of the Armed Forces Attach Form 3903 12 13 13 14 Deductible part of employment tax Anach Schedule SE 14 Rued information 5 4 5 Other gains or losses). Altach Form 4797 Rental real estate, royalties, partnerships, Scorporations frusts, etc Attach Schedule Farm income or loss). Attach Schedule F Unemployment compensation Other income. List type and amount 7 6 8 7 8 Part II 9 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 13 14 15 16 17 150 12 Health savings account deduction Attach Form 8389 13 Moving expenses for members of the Armed Forces Attach Form 3903 14 Deductible part of self-employment tax. Alfach Schedule SE 15 Self-employed SEP, SIMPLE, and qualified plans 16 Self-employed health insurance deduction 17 Penalty on early withdrawal of savings 18a Alimony paid b Recipient's SSN c Date of original divorce or separation agreement (see instructions) 19 IRA deduction 20 Student loan interest deduction 21 Reserved for future use 22 Addnes 10 through 21 These are your adjustments to income Enter here and on Form 1040 or 1000-SR Inea For Paperwork Reduction Act Notice, see your tax return instructions, Cat No 714T9F 19 20 21 22 Schedule 1 (Form 1000 or 1040-SR 2019 1040 PG 1 1040 PG 2 Schedule 1 Schedule 2 Schedule 3 6251 PG 1 Schedule 2 of Form 1040. Additional Taxes OMB No 1545-0074 SCHEDULE 2 (Form 1040 or 1040-SR) Department of the Treasury Internal Revenue Service Name(s) shown on Form 10-40 or 1040-SR Attach to Form 1040 or 1040-SR. Go to www.irs.gov/Form1040 for instructions and the latest information. 2019 Attachment Sequence No. 02 Your social security number Part 1 Tax 1 Alternative minimum tax. Attach Form 6251 2 Excess advance premium fax credit repayment. Attach Form 5962 3 Add lines 1 and 2 Enter here and include on Form 1040 or 1040-SR line 12 Part II Other Taxes 4 Self-employment tax. Allach Schedule SE 5 Unreported social security and Medicare tax from Form 4137 1919 B Additional tax on IRAs, other qualified retirement plans, and other tax.favored accounts Attach Form 5329 required 7a Household employment taxes. Attach Schedule H b Repayment of first-time homebuyer credit from Form 5405. Attach Form 5405 if required & Taxes from Form 8959 Form 8960 I c Instructions enter code(s) 9 Section 965 net tax liability installment from Form 965 A 10. Adalines through 8. These are your total other taxes Enter here and on Form 1040 or 1040-SR line 15 For Paperwork Reduction Act Notice, see your tax return instructions Cat No. 714780 5 6 7a 8 10 Schedule 2 (Form 1040 of 1040-SR) 2019 1040 PG 1 1040 PG 2 Schedule 1 Schedule 2 Schedule 3 6251 PG 1 Schedule 3 of Form 1040. Additional Credits and Payments OMBNO, 1545-0074 SCHEDULE 3 (Form 1040 or 1040-SR) Department of the Treasury Internal Revenue Service Names) shown on Form 1040 or 1040 SR Attach to Form 1040 1040-SR. Go to www.is.govilform1040 for instructions and the latest Information. 2019 Attachment Sequence No 03 Your social security number 1 2. 4 5 61 Part 1 Nonrefundable Credits 1 Foreign tax credit. Attach Form 1116 if required 2 Credit for child and dependent care expenses Attach Form 2441 3 Education credits from Form 8863, line 19 4 Retirement savings contributions credit Altach Form 8880 5 Residential energy credit Attach Form 5695 6 Other credits from Form 3800 8801 7 Add lines 1 through 6 Enter here and include on Form 10-40 or 1040-SR line 13 Part II Other Payments and Refundable Credits 8 2019 estimated tax payments and amount applied from 2018 return 9 Net pretium tax credit. Attach Form 6952 10 Amount paid with request for extension to file (see instructions) 11 Excess social security and ter 1 RRTA tax withheld 12 Credit for federal tax on fuels. Attach Form 138 13 Credits from Form .2439 Reserved 14 Addnes through 13. Enter here and on Form 1040 or 1040-SR ine 186 tax return instructions 8 9 10 11 12 5505 13 14 Schedule Form 104 or 1040 SRI 2013 FORM ITSELE DO NOT USE THIS Cat No 714800 IUIU 10-10 PG 2 Schedule 1 CHECK my work Schedule 2 Schedule 3 6251 PG 1 Form 6251 Alternative Minimum Tax-Individual OMB No 1545-007 2019 Attachment Sequence Your social security 2a 2b 26 Department of the Treasury Go to www.ins.gov/Form6251 for instructions and the latest information Internal Revenue Service (99) Attach to Form 1040 or Form 1040NR. Name(s) shown on Form 1040 or Form 1040NR John and Sandy Ferguson Partl Alternative Minimum Taxable income (See Instructions for how to complete each line.) Enter the amount from Form 1040 or 1040-SR. ine 11b, more than zero. If Form 1040 or 1040-SR line 11b is zero, subtract lines 9 and 10 of Form 1040 1040-SR from line of Form 1040 or 1040-SR and enter the result here. (If less than zero, enter as a negative amount) z a filing Schedule A (Form 1040 of 1040-SR) enter the lates from Schedule A. Iine 7 otherwise, enter the amount from Form 1040 or 1040-SR line 9 b Tax refund from Schedule 1 (Form 1040 1040-SR) line 1 or line 8 Investment interest expense difference between regular for and AMT) d Depletion (Difference between regular tax and AMT) e Net operating loss deduction from Schedule 1 (Form 1040 or 1040-SR), line 8 Enter as a positive amount 1 Alterative tax net operating loss deduction 0 Interest from specified private activity bonds exempt from the regular fax h Qualified small business stock, see instructions 1 Exercise of incentive stock options (excess of AMT income over regular tax income) 1 Estates and trust famount from Schedule K-1 (Form 1041) box 12 code A) k Disposition of property (Difference between AMT and regular tax gain or loss) 1 Depreciation on assets placed in service after 1986 Difference between regular tax and AMT m Passive activities (difference between AMT and regular tax income or loss) n Loss limitations (difference between AMT and regular tax income or loss) Circulation costs (difference between regular fax and AMT) P Long term contracts (difference between AMT and regular tax income) Mining costs (difference between regular tax and AMT) Research and experimental costs (difference between regular fax and AMT 3 Income from certain installment sales before January 1, 1967 + Intangible triling costs preference Other adjustments including income-based related adjustments Allemnative minimum acable income Combine lines through 3. if manied Sing separately and line is more than 5733.700 see instructions 3718 500, see instructions Part II Alternative Minimum Tax (AMT) Exemption of you were under age 24 at the end of 2019, se instructions TUCU ANA Anline 2d 2e 21 2g 21 21 21 2 21 2m 2n 20 2p 29 21 25 2t 3 in til Check my work 1 Required information 2p 2 2r 2 21 3 4 5 P Long term contracts (difference between AMT and regular fax income) 4 Mwing costs (difference between regular lax and AMT) Research and experimental costs (difference between regulax and AMT) Income from certain installment sales before January 1, 1907 Intangibile drilling costs preference Other adustments inchading income based related astments Alternative minimum taxable income. Combines through 3. of married in separately and line 4 is more than 5733700, see instructions) 5718,300,see instructions) Part II Alternative Minimum Tax (AMT) Esemplion (If you were under age 24 at the end of 2019, see instructions) IF your filing statusi AND line 4 is not over THEN enter on line Single or head of household 510,300 71 70D Married lingintly or qualifying widower 1 020 500 111,700 Married filing separately 510.30 55 050 If line 4 is over the amount shown above for your fing status, see instructions 6 Subtract line from line 4. If more than zero, go to line 7. I zero or less enter here and on lines 79 and 11 and go to line 10 7 If you are filing Form 2555, sen instructions for the amount to enter If you reported capital gain distributions directly on Form 10-40 or 1040-SR, ne you reported qualified dividends on Form 1040 or 1040-SR line 3a, or you had again on both lines 15 and 16 of Schedule D (Form 1040 of 1040-SR) (as refigured for the AMT if necessary complete Part on the back and enter the amount from line 40 here . All others line is $194 800 or less (597.400 or less if married in separately, multiply line 6 by 26% (0 26) Otherwise, multiply line 6 by 28% (0.28) and subtract 53 895 (51 948 if mame sing separately from the result Allemative minimum tax foreign tax credit (see instructions 9 Tentative minimum tax. Subtract line from line 7 10 Add Form 1040 or 1040-SR. Iine 12a (minus any tax from Form 4972) and schedule 2 (Form 1046 or 1040-SR), in 2 Subtract Subtract from the result any foreign tax credit from Schedule 3 (Form 1040 or 1040-5R Ine 1 you used Schedule to figure your tax on Form 1040 or 1040-SR line 12 refigure that tax without using Schedule before completing this line isce instructions) 11 AMT Subtractine 10 from line 9. ro or less enter-0. Enter here and on Schedule 2 (Form 1040 or 1040-5R in 1 Cat No. 13600G 19 11 For