the 2 other photos are for information purpose

Calculate the tax due or refund for Hallie and Harry Hughes for 2019 based on the following information: The Hughes file married joint. V The Hughes have one year old dependent twins, Harper and Harlowe.V The Hughes paid The HilITop Nursery school $10,000 so they could work. Use the 20% rate for calculating the child and dependent care tax credit. Gt Salary Hailey $90,000 G Gt Salary Harry $100,000 G Vldnterest city of Honolulu Bonds $10,000 Gl Interest on savings account at Chase bank $ 2,000 ++emy's sister Hailey repaid a loan of $50,000, from 2016 Gi Micresoft dividends $20,000 Gl Sole Proprietorship Income $30.000 GI Long term capital gain $60,000 ui Haie inherited $70,000 upon the death of her great grandmother Heather, GI Unemployment compensation $20,000 . M -Werkman's Compensation $30,000 CI Hallie found a diamond bracelet worth $5,000 on the bus. Gl Hallie won $1,000 in a hotdog eating contest Gl Harry won $30,000 at the Preakness horse race. N+Hellie's talfier Herman gave her a gift of $100,000 cash. plehitt pport received $20,000 GIAlimony received $30,000. Divorce signed in 2010. PACI Contribution to health savings account $1,000 DACl Self employment tax $3,000 X State income tax $20,000 DACI Student loan interest $1,000 X Contribution to March of Dimes $30,000 KMedical expenses $40,000 gAd Contribution to Individual retirement account $3,000 PACI Penalty for early withdrawal from a timed savings acount S500. d XReal estate taxes $30,000 ge interest $50,000. The $2,000,000 mortgage was signed in 2014 Tax Payments: Withholding $30,000 Overpayment from 2017 $10,000 Quarterly Payments $20,000 Preferential Tax Rates Taxable Income Breakpoints for Preferential Rates Applicable to Adjusted Net Capital Gain (ANCG) and Qualified Dividends Pref Rate Single Filing Jointly Head of Household Up to $38,600 Up to $77,200 Up to $51,700 096 >538,600 but LS425,800-377.200 buts$479,000 >S51,700 but-$452,400 15% Over $425,800 Over $452,400 20% Over $479,000 The corresponding amounts if married filing separately are half the amounts for filing jointly. The preferential rate is zero for taxable income up to $38,600 if married filing separately The breakpoint amounts in Table 5-1 will be adjusted annually for inflation. The breakpoint amounts in TCJA were implemented with a sunset provision that ensures this approach for tax years from 2018 through 2025, Calculate the tax due or refund for Hallie and Harry Hughes for 2019 based on the following information: The Hughes file married joint. V The Hughes have one year old dependent twins, Harper and Harlowe.V The Hughes paid The HilITop Nursery school $10,000 so they could work. Use the 20% rate for calculating the child and dependent care tax credit. Gt Salary Hailey $90,000 G Gt Salary Harry $100,000 G Vldnterest city of Honolulu Bonds $10,000 Gl Interest on savings account at Chase bank $ 2,000 ++emy's sister Hailey repaid a loan of $50,000, from 2016 Gi Micresoft dividends $20,000 Gl Sole Proprietorship Income $30.000 GI Long term capital gain $60,000 ui Haie inherited $70,000 upon the death of her great grandmother Heather, GI Unemployment compensation $20,000 . M -Werkman's Compensation $30,000 CI Hallie found a diamond bracelet worth $5,000 on the bus. Gl Hallie won $1,000 in a hotdog eating contest Gl Harry won $30,000 at the Preakness horse race. N+Hellie's talfier Herman gave her a gift of $100,000 cash. plehitt pport received $20,000 GIAlimony received $30,000. Divorce signed in 2010. PACI Contribution to health savings account $1,000 DACl Self employment tax $3,000 X State income tax $20,000 DACI Student loan interest $1,000 X Contribution to March of Dimes $30,000 KMedical expenses $40,000 gAd Contribution to Individual retirement account $3,000 PACI Penalty for early withdrawal from a timed savings acount S500. d XReal estate taxes $30,000 ge interest $50,000. The $2,000,000 mortgage was signed in 2014 Tax Payments: Withholding $30,000 Overpayment from 2017 $10,000 Quarterly Payments $20,000 Preferential Tax Rates Taxable Income Breakpoints for Preferential Rates Applicable to Adjusted Net Capital Gain (ANCG) and Qualified Dividends Pref Rate Single Filing Jointly Head of Household Up to $38,600 Up to $77,200 Up to $51,700 096 >538,600 but LS425,800-377.200 buts$479,000 >S51,700 but-$452,400 15% Over $425,800 Over $452,400 20% Over $479,000 The corresponding amounts if married filing separately are half the amounts for filing jointly. The preferential rate is zero for taxable income up to $38,600 if married filing separately The breakpoint amounts in Table 5-1 will be adjusted annually for inflation. The breakpoint amounts in TCJA were implemented with a sunset provision that ensures this approach for tax years from 2018 through 2025