Taxpayer Information

Taxpayer name:	Bruce H. Harrison
Taxpayer SSN:	201-00-0045
Taxpayer DOB:	April 1, 1977
Taxpayer occupation:	Contractor
Spouse name:	Lois A. Harrison
Spouse SSN:	201-00-1451
Spouse DOB:	March 28, 1982
Spouse occupation:	Newscaster
Address:	1312 Locust Street
	Your City, YS XXXXX
Cell phone (T):	(XXX) 555-6336; Preferred: Anytime; FCC: Yes; OK to call
Cell phone (S):	(XXX) 555-6363; Anytime; FCC: Yes; OK to call
Taxpayer email:	bhharrison@net.net
Spouse email:	lharrison@net.net
Health Insurance Information
Did everyone in the household have health insurance in 2019?	Yes
Total months covered through a state exchange or federal marketplace:	0
Total months covered through an employer-sponsored plan:	12
Was a Form 1095-A issued?	No

Bruce and Lois Harrison are new clients. Last year, they prepared their own return using online software, but this year, they would like professional assistance. They are married and wish to file a joint tax return. Both of their SSNs are valid for work in the U.S. and were received before the original filing due date of their return (including extensions). Both are U.S. citizens. No one may claim them as dependents. Neither is a student. They both wish to designate $3 to the Presidential Election Campaign Fund. Neither is blind or disabled.

Bruce and Lois did not suffer any casualty losses during the current tax year. They did not receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency. Neither Bruce nor Lois have a financial interest in or signature authority over a foreign account. They did not receive a distribution from, nor were they the grantors of or transferor to, a foreign trust. The IRS has not issued any Identity Protection ID Numbers for their return.

They did not receive a notice from the IRS or any state or local taxing authority within the last year. Neither Bruce nor Lois provide a drivers license or state identification.

Household Information

Bruce and Lois own their home. They have two children.

Dependent name:	Lyla B. Harrison
Dependent SSN:	201-00-2451
Dependent DOB:	July 12, 2014
Dependent relationship:	Daughter
Time in household:	12 months
Gross income:	$0
Support:	Does not provide over half of her own support
Dependent name:	Kevin E. Harrison
Dependent SSN:	201-00-2452
Dependent DOB:	October 15, 2016
Dependent relationship:	Son
Time in household:	12 months
Gross income:	$0
Support:	Does not provide over half of his own support

Lyla and Kevin lived with Bruce and Lois all year, and they did not have any income. Neither is married or disabled. They are both U.S. citizens. Lyla and Kevin have SSNs that are valid for work in the United States and were received before the due date for the return (including extensions). Bruce and Lois brought in copies of medical records for both children.

Adjustments

Lois contributed $2,500 to a traditional IRA during the year. She only has one IRA account, and the value of this account on December 31, 2019, was $13,097.85. All of her previous contributions were deductible. Lois has never taken a distribution from this or any other retirement account. Bruce is covered by an employer-sponsored retirement plan, but Lois is not.

Credits

Bruce and Lois paid Little Ones Learning Center $7,200 ($3,600 for each child) to care for Kevin and Lyla while they worked. The center's EIN is 09-2014501. It is located at 1521 West Plain Road, Your City, YS XXXXX. The phone number for the Center is (XXX) 555-0034. Bruce and Lois have documentation substantiating this expense.

Self-Employment Income

Lois has always been an avid reader, and during the year, she had an opportunity to lead a book club at a nearby community center. The community center paid Lois for this work. At the end of the year, they sent Lois a Form 1099-MISC reporting an amount for nonemployee compensation in box 7 of the form. This form is shown in the Information Documents section. The community center is within walking distance of the couple's home, so Lois did not have any vehicle or travel expenses. Her only business-related expense was for $225 in supplies.

For purposes of the qualified business income deduction (QBID), this is not a specified service trade or business (SSTB). Lois did not pay any qualified wages, nor does she have any qualified business property, or any losses or short-term gains from asset disposition.

Capital Assets

Bruce was unhappy with the performance of an investment he had made in 2017. He sold the shares of stock on November 7, 2019, for fear the stock would continue its downward trend. Information relating to this sale was reported on a Form 1099-B. This form is shown in the Information Documents section.

Itemized Deductions

Bruce and Lois want to itemize deductions if it will be more beneficial than taking the standard deduction. They bring a Form 1098 reporting mortgage interest and real estate taxes paid on their personal residence. This is shown in the Information Documents section. Bruce and Lois would prefer to take the state income tax deduction rather than the sales tax deduction. They also had the following potentially deductible items for 2019:

Item	Amount	Notes
2018 State balance due	$582	Made this payment on April 10, 2019
Cash donation to Cancer Research Foundation	$475	Paid March 4, 2019

1. What is Bruces and Loiss total income?
2. What is their AGI?
3. What is their taxable income?
4. What is their tax for taxable income?
5. What is their child tax credit for other dependents?
6. What is the self-employment tax?
7. What is their total tax?
8. What is the federal income tax withheld?
9. Are there any other payments and refundable credits? If so, what are they and how much are they each worth? What is the total for all of these?
10. What are their total payments?
11. Are they getting a refund or do they owe money? If there is a refund, how much will they receive? If they owe, how much do they owe?

Sue ocurate OMB No 1545-0008 FASTI Use 39,950.00 Employee ty XXX-XX-0045 Employer identification number 09-2014502 c Employer's dress and ZP code ELM CONSTRUCTION AGENCY 6 GREENWOOD LANE YOUR CITY, YS XXXXX mefiles.goulle 2 come 2,671.05 2,662.90 Medic witheid 622.78 Aloed spe 42,950.00 6 Medicare wages and 42,950.00 d Control number . 10 Dupendent care benefits . Employee's first name andinni Lastame Surt 11 Nonqualified plans BRUCE H. HARRISON 1312 LOCUST STREET YOUR CITY, YS XXXXX 12a See instructions for box 12 DD 17,485.00 D 3,000.00 120 14 Other 120 Employee's address and ZP code 15 Employer's ID number YS 490020210A 18 Low 10 Local income 39,950.00 17 income tax 2,197.25 Department of the Treasury-Internal Revenue Service som W-2 Wage and Tax Statement Copy B-To Be Filed With Employee's FEDERAL Tax Return This information is being furnished to the Internal Revenue Service 2019 . Employees 300 secunty number 201-00-1451 Employer identification number EIN) 09-2014503 c Employer's name, adress, and ZP code LOCAL NEWS NETWORK 112 NORTHERN STREET YOUR CITY, YS XXXXX Sale accurate, Visit the R$ wees OMB No 1546-0008 FASTI Use me files poriatie Wages, tips, other compensation 2 Federal income with 44,500.00 3,517.79 3 Sonly wages 4 SOCIS security with 44,500.00 2,759.00 6 Medicare wages and tips 6 Medicarea withald 44,500.00 645.25 7 Social Bounty tips Alocated to d Control number 9 10 Dependent care benests e Employee's first name and ins Last name Sur 11 Nongue plans 120 See instructions for DK 12 LOIS A. HARRISON 1312 LOCUST STREET YOUR CITY, YS XXXXX 14 Other 120 12d Employee's address and ZP code 15 Employer's stal number YS 490020211A 16 Stegl, 18 Low.pl 10 Los income taxe 44,500.00 17 State income tas 2,447.50 Department of the Treasury --Internal Revenue Service om W-2 Wage and Tax Statement 2019 Copy B-To Be Filed With Employee's FEDERAL Tax Return OMB No. 1545-0115 CORRECTED (if checked) PAYER'S name, street address, aty or town, state of province, country. ZP Rents or foreign postal code, and dephone no NEIGHBORHOOD COMMUNITY CENTER 2 Royalties 1511 CHERRY STREET YOUR CITY, YS XXXXX $ 816-555-XXXX 3 Other inome $ PAYER'S TIN RECIPIENTS TN Fishing bout proceeds 2019 Miscellaneous Income Form 1090-MISC 4 Federal ncome tax with Copy B $ For Recipient Medical and editoreport 7 Nonemployee compensations Substituto payments into of 09-2014504 201-00-1451 RECIPIENT'S name LOIS A. HARRISON Street address induding apt.no) 1312 LOCUST STREET City or town, state or province, country and ZP or foran postal code YOUR CITY, YS XXXXX Account raumbre infruchom FATCAS $1,550.00 Payer made direct sales of 10 Crop Insurance proceeds $5,000 or more of consumer products to a buyer precipitare O $ 11 12 This is important tax information and is being furnished to the IRS. If you are required to file a return, a negligence penalty or other sanction may be imposed on you it this income is taxable and the IRS determines that it has not been reported | 13Excess golden parachute 14 Gross proceeds paid to an payments atomy $ $ 16 State tax withid 17 State Payer's state na 15a Section 400 deferral 15b Section 400 income 18 State income Form 1099-MISC $ Department of the Treasury.hernal Reverse Service keep for your records) www.gouform100MISC 2019 Barter Exchange CORRECTED (if checked) PAYER'S name, street adrese, aty or town, state or province, country. ZIP roplouble checkbox on Form 3040 OMB No 1545-0715 Proceeds From or foreign postal code, and telephone no. D Broker and I TRADE ONLINE INVESTMENTS 5621 LA HABRA PARKWAY, STE 13 Form 1099-B Transactions YOUR CITY, YS XXXXX 1a Description of property Example: 100 sh.XYZ Co.) 816-555-XXXX 100 SHARES ALX 16 Date aquared 1c Dale sed or disponed 05/05/2017 11/01/2019 PAYER'S TIN PECPENT'S TN 1d Proceeds te Cost or other basis Copy B $ 2,700.00 $ 3,100.00 For Recipient 09-2014505 XXX-XX-0045 11 Accrued market discount 1 Wash sale loss disallowed $ $ RECPENIS name 2 Short-term gros 3 checked, proceeds from BRUCE H. HARRISON Long bermain Collectibles OF This is important tax Street address inching pt.no 4 Federal income tax with checked, nonconered information and is $ being furnished to 1312 LOCUST STREET G Heported to RS 7 if checked loss is not allowed the IRS. If you are based on amount ind City or town, state or province, country, and ZP or foreign postal code required to file a Geono proceeds return, a negligence YOUR CITY, YS XXXXX Net proceeds penalty or other 8 Profit or ons realized in Ured profitot ons on sanction may be Account number (se intruction 2019 on Closed contracts open conta-12/01/2018 imposed on your 12-34567891 this income is taxable and the IRS CUSP number FATCA ling o Urakeed profit or lok 11 Aggregate profit or los determines that it open consists - 12/31/2010 on contras has not been 14 Stato name 15 Stato detto 16 Stato tax wild $ reported 12 chocked, basis reported 13 Bartering to HS Form 1099-B (Keep for your records) www.s.gov/Form 1000B Department of the Treasury Intemal Revenue Service On SI 2019 CORRECTED (if checked) RECIPENT SLENDER'S name, street address, city of town, state of Caution: The amount shown may OMB No 1545-1380 province, country, ZP or foreign postal code and telephone no. no te luty dottle by you missed on the amount Mortgage and the cost and value of the so popoty apply. Also, Interest REALTY MORTGAGE COMPANY you may only did interest entendimas noted by you Statement 691 PLEASANT GROVE adually post by you YOUR CITY, YS XXXXX Pembersed by another person Form 1098 XXX-555-XXXX 1 Mortgage interest received from payens borrowers! Copy B $ 8,241.64 For Payer/ RECPENT SALENDER'S TIN PAYER SBORROWER'S TIN 2 Outstanding mortgage principal Borrower | 3 Mortgage origination date 05/04/2014 09-2014506 $ 125,067.00 The formation in boxe 1 XXX-XX-0045 through 9 and 11 is important end of overpad Mortgage range interest premiums tax information and is bang urnished to the RS you te PAYER'S BORROWER'S name $ required to return, a 6Points pad on purchase of principal residence BRUCE AND LOIS HARRISON negligence penaty of one $ section may be imposedon Hyou if the IRS ditems that Street address including apt.no) 7 X address of property securing mortgage is the same an underpayment of tax as PAYERSBORROWER'S address, the box is checked, results because you 1312 LOCUST STREET the address or description is entered in box 8. overstated a deduction for his mortgage interest or for City of town, state or province, country, and ZP or foreign postal code Address or description of property securing mortgage see tuse points, ported in instructions) boxes and 6 or because YOUR CITY, YS XXXXX you don't report the round of interest box or because Number of properties securing the 10 Other you can da nonduct mortgage RE TAX: $2,315 11 Mortgage acquisition date Account number se estructions Form 1098 Keep for your records) WWW.As.gov/form1008 Department of the Treasury - nemal Revenue Service SLO28 1095-B Health Coverage VOD Do not ach to your tax retum. Keep for your records CORRECTED 2019 Go to www.ingolem 1005 for instruction and the latest information Part 1 Responsible Individual Sed Date of the New BRUCE H. HARRISON XXX-XX-0045 foto indir Certyd wede 1312 LOCUST STREET YOUR CITY USA XXXXX . Enter letter identifying Origin of the Health Coverage Instructions for code B Part II Information About Certain Employer Sponsored Coverage see instructions Epily name 11 traplyer tember ELM CONSTRUCTION AGENCY 09-2014502 hoteller - Castell de 6 GREENWOOD LANE YOUR CITY YS USA XXXXX Part III Issuer or Other Coverage Providers Instructions) Contacte GENERAL INSURANCE COMPANY 09-2014507 (XXX) 662-5543 dem 30 C 12 Cod Parade 1776 TURNBULL CANYON YOUR CITY YS USA XXXXX Part IV Covered individuals (Enter the information for each covered individual) Jan Feb M Apr May M O De BRUCE LOIS H. HARRISON XXX-XX-0045 A. HARRISON 201-00-1451 B. HARRISON 201-00-2451 E. HARRISON 201-00-2462 XOOO X OO X OD * LYLA OOOOO OD DOO OOOOO OOOOO OOOOOO OOO OOO OOOOOO OOOOO OOOOOO KEVIN OOO For Piracy Act and Paperwork Reduction Act Notice, se separate instructions GOMME Form 1096-8 Sue ocurate OMB No 1545-0008 FASTI Use 39,950.00 Employee ty XXX-XX-0045 Employer identification number 09-2014502 c Employer's dress and ZP code ELM CONSTRUCTION AGENCY 6 GREENWOOD LANE YOUR CITY, YS XXXXX mefiles.goulle 2 come 2,671.05 2,662.90 Medic witheid 622.78 Aloed spe 42,950.00 6 Medicare wages and 42,950.00 d Control number . 10 Dupendent care benefits . Employee's first name andinni Lastame Surt 11 Nonqualified plans BRUCE H. HARRISON 1312 LOCUST STREET YOUR CITY, YS XXXXX 12a See instructions for box 12 DD 17,485.00 D 3,000.00 120 14 Other 120 Employee's address and ZP code 15 Employer's ID number YS 490020210A 18 Low 10 Local income 39,950.00 17 income tax 2,197.25 Department of the Treasury-Internal Revenue Service som W-2 Wage and Tax Statement Copy B-To Be Filed With Employee's FEDERAL Tax Return This information is being furnished to the Internal Revenue Service 2019 . Employees 300 secunty number 201-00-1451 Employer identification number EIN) 09-2014503 c Employer's name, adress, and ZP code LOCAL NEWS NETWORK 112 NORTHERN STREET YOUR CITY, YS XXXXX Sale accurate, Visit the R$ wees OMB No 1546-0008 FASTI Use me files poriatie Wages, tips, other compensation 2 Federal income with 44,500.00 3,517.79 3 Sonly wages 4 SOCIS security with 44,500.00 2,759.00 6 Medicare wages and tips 6 Medicarea withald 44,500.00 645.25 7 Social Bounty tips Alocated to d Control number 9 10 Dependent care benests e Employee's first name and ins Last name Sur 11 Nongue plans 120 See instructions for DK 12 LOIS A. HARRISON 1312 LOCUST STREET YOUR CITY, YS XXXXX 14 Other 120 12d Employee's address and ZP code 15 Employer's stal number YS 490020211A 16 Stegl, 18 Low.pl 10 Los income taxe 44,500.00 17 State income tas 2,447.50 Department of the Treasury --Internal Revenue Service om W-2 Wage and Tax Statement 2019 Copy B-To Be Filed With Employee's FEDERAL Tax Return OMB No. 1545-0115 CORRECTED (if checked) PAYER'S name, street address, aty or town, state of province, country. ZP Rents or foreign postal code, and dephone no NEIGHBORHOOD COMMUNITY CENTER 2 Royalties 1511 CHERRY STREET YOUR CITY, YS XXXXX $ 816-555-XXXX 3 Other inome $ PAYER'S TIN RECIPIENTS TN Fishing bout proceeds 2019 Miscellaneous Income Form 1090-MISC 4 Federal ncome tax with Copy B $ For Recipient Medical and editoreport 7 Nonemployee compensations Substituto payments into of 09-2014504 201-00-1451 RECIPIENT'S name LOIS A. HARRISON Street address induding apt.no) 1312 LOCUST STREET City or town, state or province, country and ZP or foran postal code YOUR CITY, YS XXXXX Account raumbre infruchom FATCAS $1,550.00 Payer made direct sales of 10 Crop Insurance proceeds $5,000 or more of consumer products to a buyer precipitare O $ 11 12 This is important tax information and is being furnished to the IRS. If you are required to file a return, a negligence penalty or other sanction may be imposed on you it this income is taxable and the IRS determines that it has not been reported | 13Excess golden parachute 14 Gross proceeds paid to an payments atomy $ $ 16 State tax withid 17 State Payer's state na 15a Section 400 deferral 15b Section 400 income 18 State income Form 1099-MISC $ Department of the Treasury.hernal Reverse Service keep for your records) www.gouform100MISC 2019 Barter Exchange CORRECTED (if checked) PAYER'S name, street adrese, aty or town, state or province, country. ZIP roplouble checkbox on Form 3040 OMB No 1545-0715 Proceeds From or foreign postal code, and telephone no. D Broker and I TRADE ONLINE INVESTMENTS 5621 LA HABRA PARKWAY, STE 13 Form 1099-B Transactions YOUR CITY, YS XXXXX 1a Description of property Example: 100 sh.XYZ Co.) 816-555-XXXX 100 SHARES ALX 16 Date aquared 1c Dale sed or disponed 05/05/2017 11/01/2019 PAYER'S TIN PECPENT'S TN 1d Proceeds te Cost or other basis Copy B $ 2,700.00 $ 3,100.00 For Recipient 09-2014505 XXX-XX-0045 11 Accrued market discount 1 Wash sale loss disallowed $ $ RECPENIS name 2 Short-term gros 3 checked, proceeds from BRUCE H. HARRISON Long bermain Collectibles OF This is important tax Street address inching pt.no 4 Federal income tax with checked, nonconered information and is $ being furnished to 1312 LOCUST STREET G Heported to RS 7 if checked loss is not allowed the IRS. If you are based on amount ind City or town, state or province, country, and ZP or foreign postal code required to file a Geono proceeds return, a negligence YOUR CITY, YS XXXXX Net proceeds penalty or other 8 Profit or ons realized in Ured profitot ons on sanction may be Account number (se intruction 2019 on Closed contracts open conta-12/01/2018 imposed on your 12-34567891 this income is taxable and the IRS CUSP number FATCA ling o Urakeed profit or lok 11 Aggregate profit or los determines that it open consists - 12/31/2010 on contras has not been 14 Stato name 15 Stato detto 16 Stato tax wild $ reported 12 chocked, basis reported 13 Bartering to HS Form 1099-B (Keep for your records) www.s.gov/Form 1000B Department of the Treasury Intemal Revenue Service On SI 2019 CORRECTED (if checked) RECIPENT SLENDER'S name, street address, city of town, state of Caution: The amount shown may OMB No 1545-1380 province, country, ZP or foreign postal code and telephone no. no te luty dottle by you missed on the amount Mortgage and the cost and value of the so popoty apply. Also, Interest REALTY MORTGAGE COMPANY you may only did interest entendimas noted by you Statement 691 PLEASANT GROVE adually post by you YOUR CITY, YS XXXXX Pembersed by another person Form 1098 XXX-555-XXXX 1 Mortgage interest received from payens borrowers! Copy B $ 8,241.64 For Payer/ RECPENT SALENDER'S TIN PAYER SBORROWER'S TIN 2 Outstanding mortgage principal Borrower | 3 Mortgage origination date 05/04/2014 09-2014506 $ 125,067.00 The formation in boxe 1 XXX-XX-0045 through 9 and 11 is important end of overpad Mortgage range interest premiums tax information and is bang urnished to the RS you te PAYER'S BORROWER'S name $ required to return, a 6Points pad on purchase of principal residence BRUCE AND LOIS HARRISON negligence penaty of one $ section may be imposedon Hyou if the IRS ditems that Street address including apt.no) 7 X address of property securing mortgage is the same an underpayment of tax as PAYERSBORROWER'S address, the box is checked, results because you 1312 LOCUST STREET the address or description is entered in box 8. overstated a deduction for his mortgage interest or for City of town, state or province, country, and ZP or foreign postal code Address or description of property securing mortgage see tuse points, ported in instructions) boxes and 6 or because YOUR CITY, YS XXXXX you don't report the round of interest box or because Number of properties securing the 10 Other you can da nonduct mortgage RE TAX: $2,315 11 Mortgage acquisition date Account number se estructions Form 1098 Keep for your records) WWW.As.gov/form1008 Department of the Treasury - nemal Revenue Service SLO28 1095-B Health Coverage VOD Do not ach to your tax retum. Keep for your records CORRECTED 2019 Go to www.ingolem 1005 for instruction and the latest information Part 1 Responsible Individual Sed Date of the New BRUCE H. HARRISON XXX-XX-0045 foto indir Certyd wede 1312 LOCUST STREET YOUR CITY USA XXXXX . Enter letter identifying Origin of the Health Coverage Instructions for code B Part II Information About Certain Employer Sponsored Coverage see instructions Epily name 11 traplyer tember ELM CONSTRUCTION AGENCY 09-2014502 hoteller - Castell de 6 GREENWOOD LANE YOUR CITY YS USA XXXXX Part III Issuer or Other Coverage Providers Instructions) Contacte GENERAL INSURANCE COMPANY 09-2014507 (XXX) 662-5543 dem 30 C 12 Cod Parade 1776 TURNBULL CANYON YOUR CITY YS USA XXXXX Part IV Covered individuals (Enter the information for each covered individual) Jan Feb M Apr May M O De BRUCE LOIS H. HARRISON XXX-XX-0045 A. HARRISON 201-00-1451 B. HARRISON 201-00-2451 E. HARRISON 201-00-2462 XOOO X OO X OD * LYLA OOOOO OD DOO OOOOO OOOOO OOOOOO OOO OOO OOOOOO OOOOO OOOOOO KEVIN OOO For Piracy Act and Paperwork Reduction Act Notice, se separate instructions GOMME Form 1096-8