Tax Retum, TWO situations, MF] with 1 minor child. For each situation: 0 Create a 2020 tax retum. (1) Report the savings from the lower capital gains rate (1) Report the QBID savings Wage Income of both spouses Capital gain on sale of stock Medical expenses Home mortgage interest State income taxes State sales taxes per calculator Local property taxes Charitable contributions Tax preparation fees Situation A 148,000 50,000 4,900 12,600 8,000 4,350 7,500 5,400 3,000 Situation B 70,000 60,000 4,900 12,600 8,000 4,350 7,500 5,400 3,000 The couple run a pizza shop: Revenues Cost of goods sold Advertising expense Insurance expense Rent expense Business meal expenses Utility Expense Taxes withheld Situation A 365,000 150,000 7,000 9,000 30,000 6,000 16,000 57,000 Situation B 365,000 150,000 7,000 9,000 30,000 6,000 16,000 45,000 Tax Retum, TWO situations, MF] with 1 minor child. For each situation: 0 Create a 2020 tax retum. (1) Report the savings from the lower capital gains rate (1) Report the QBID savings Wage Income of both spouses Capital gain on sale of stock Medical expenses Home mortgage interest State income taxes State sales taxes per calculator Local property taxes Charitable contributions Tax preparation fees Situation A 148,000 50,000 4,900 12,600 8,000 4,350 7,500 5,400 3,000 Situation B 70,000 60,000 4,900 12,600 8,000 4,350 7,500 5,400 3,000 The couple run a pizza shop: Revenues Cost of goods sold Advertising expense Insurance expense Rent expense Business meal expenses Utility Expense Taxes withheld Situation A 365,000 150,000 7,000 9,000 30,000 6,000 16,000 57,000 Situation B 365,000 150,000 7,000 9,000 30,000 6,000 16,000 45,000