Required Information [The following information applies to the questions displayed below) Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries, they received Interest of $350 from municipal bonds and $500 from corporate bonds. Marc contributed $2.500 to an Individual retirement account, and Marc paid alimony to a prior spouse in the amount of $1,500. Marc and Michelle have a 10-year-old son, Matthew, who lived with them throughout the entire year. Thus, Marc and Michelle are allowed to claim a $2.000 child tax credit for Matthew. Marc and Michelle paid $6,000 of expenditures that qualify as itemized deductions and they had a total of $3,500 in federal income taxes withheld from their paychecks during the course of the year (Use the tax rate schedules) Complete Marc and Michelle's Form 1040, pages 1 and 2 and Schedule 1 (use the most recent form available) Marc and Michelle's address is 19010 NW 135th Street, Miami, FL 33054 Social Security numbers: Marc Taxpayer: 111-22-3333 Matthew Taxpayer: 333-44-5555 Michelle Taxpayer: 222-33-4444 (Input all the values as positive numbers. Enter any non financial Information, (e.g. Nomes, Addresses, social security numbers) EXACTLY as they appear in any given information or Problem Statement. Use 2019 tax laws.) Page 2 78.000 Attach Fomis Also chForms) W 20 and 1099 Rif tax 1 Wages, Sales, tips, etc. Attach Formis) W-2 2a Tax-exempt interest 3a Qualified dividends 4aRAs, pensions, and annuities Ba Social securty benefits 6 Total income. Add lines through 5. Add any amount from Schedule 1. line Table interest b Ordinary Sidends Taxable amount Table amount 78.000 Standard Deduction for - Single or Mamed fling sport $12.000 7 Adjusted gross income. If you have no adjustments to income, enter the amount from line otherwise, subtract Schedule 1 Iine from in Standard deduction or temized deductions (trom Schedule A) Qualified business income deduction (see instructions) 10 That income. Subtractines and from ine 7 zero or less 11 a Tox ( s t ) 5.384 Check it any from 1.Forms) 8814 2. Form 4072 72.500 24.400 48.100 . Mameding jointly or Quang widown 3246 5384 Head of household $18.000 2.000 2.000 b Add any amount from Schedule 2 and check here 12 a Child tax credit credit for other dependents Add any amount from Schedule and check here 13 Subtractine 12 from line 11. 12 or lessenter 14 Other testach Schedule 4 15 Total Addnes 13 and 14 16 Federal income tax withheld from Forms W2 and 1000 a EIC seert Form 3330 you checked box und Standard 3.500 Sch3812 Add any amount from Schedules Flereelle 1-0 Reserved 10 be d s creditor of state and local income taxes 11 Alimony received 12 Business income s Attach Schedule CorCEZ 13 Capital gain oro) Anach Schedule Drequired. not required. Check here 14 Other gain or losses Attach Form 4797 15a Reserved 16a Reserved 17 Rental state, royales, partnerships, corporations, trusts, etc. Attach Schedule E 18 Farm income or loss). Attach Schedule 1 Unemployment compensation 20a Reserved 21 Other income List type and amount 22 Combine the amounts in the right column. If you don't have any adjustments to income, ante here and on Form 1040 Ine 8 Otherwise go to line 23 23 Educator expenses 24 Certain business expenses of reservist performing artists and feebasis government offical Attach Form 2100 25 Ha vingscount deduction Arch Form 3889 28 Moving expenses for members of the armed forces Attach Form 3803 27 Deduct part of samployment Asch Schedule SE 28 Selemployed SEP SIMPLE and qualified plans 20 Selemployed heath insurance deduction 30 P ayon any withdrawal of savings 111.111111 32 R io 33 Student car t on Adjustments to Income 2 SEE SEUN 35 Ades 23h35 Required Information [The following information applies to the questions displayed below) Marc and Michelle are married and earned salaries this year of $64,000 and $12,000, respectively. In addition to their salaries, they received Interest of $350 from municipal bonds and $500 from corporate bonds. Marc contributed $2.500 to an Individual retirement account, and Marc paid alimony to a prior spouse in the amount of $1,500. Marc and Michelle have a 10-year-old son, Matthew, who lived with them throughout the entire year. Thus, Marc and Michelle are allowed to claim a $2.000 child tax credit for Matthew. Marc and Michelle paid $6,000 of expenditures that qualify as itemized deductions and they had a total of $3,500 in federal income taxes withheld from their paychecks during the course of the year (Use the tax rate schedules) Complete Marc and Michelle's Form 1040, pages 1 and 2 and Schedule 1 (use the most recent form available) Marc and Michelle's address is 19010 NW 135th Street, Miami, FL 33054 Social Security numbers: Marc Taxpayer: 111-22-3333 Matthew Taxpayer: 333-44-5555 Michelle Taxpayer: 222-33-4444 (Input all the values as positive numbers. Enter any non financial Information, (e.g. Nomes, Addresses, social security numbers) EXACTLY as they appear in any given information or Problem Statement. Use 2019 tax laws.) Page 2 78.000 Attach Fomis Also chForms) W 20 and 1099 Rif tax 1 Wages, Sales, tips, etc. Attach Formis) W-2 2a Tax-exempt interest 3a Qualified dividends 4aRAs, pensions, and annuities Ba Social securty benefits 6 Total income. Add lines through 5. Add any amount from Schedule 1. line Table interest b Ordinary Sidends Taxable amount Table amount 78.000 Standard Deduction for - Single or Mamed fling sport $12.000 7 Adjusted gross income. If you have no adjustments to income, enter the amount from line otherwise, subtract Schedule 1 Iine from in Standard deduction or temized deductions (trom Schedule A) Qualified business income deduction (see instructions) 10 That income. Subtractines and from ine 7 zero or less 11 a Tox ( s t ) 5.384 Check it any from 1.Forms) 8814 2. Form 4072 72.500 24.400 48.100 . Mameding jointly or Quang widown 3246 5384 Head of household $18.000 2.000 2.000 b Add any amount from Schedule 2 and check here 12 a Child tax credit credit for other dependents Add any amount from Schedule and check here 13 Subtractine 12 from line 11. 12 or lessenter 14 Other testach Schedule 4 15 Total Addnes 13 and 14 16 Federal income tax withheld from Forms W2 and 1000 a EIC seert Form 3330 you checked box und Standard 3.500 Sch3812 Add any amount from Schedules Flereelle 1-0 Reserved 10 be d s creditor of state and local income taxes 11 Alimony received 12 Business income s Attach Schedule CorCEZ 13 Capital gain oro) Anach Schedule Drequired. not required. Check here 14 Other gain or losses Attach Form 4797 15a Reserved 16a Reserved 17 Rental state, royales, partnerships, corporations, trusts, etc. Attach Schedule E 18 Farm income or loss). Attach Schedule 1 Unemployment compensation 20a Reserved 21 Other income List type and amount 22 Combine the amounts in the right column. If you don't have any adjustments to income, ante here and on Form 1040 Ine 8 Otherwise go to line 23 23 Educator expenses 24 Certain business expenses of reservist performing artists and feebasis government offical Attach Form 2100 25 Ha vingscount deduction Arch Form 3889 28 Moving expenses for members of the armed forces Attach Form 3803 27 Deduct part of samployment Asch Schedule SE 28 Selemployed SEP SIMPLE and qualified plans 20 Selemployed heath insurance deduction 30 P ayon any withdrawal of savings 111.111111 32 R io 33 Student car t on Adjustments to Income 2 SEE SEUN 35 Ades 23h35