the Qualified Dividends and Capital Gain Tax Wor! 2A. Ray and Maria Gomez have been married for 3 years. Ray is a propane salesman for Palm Oil Corporation and Maria works as a city clerk for the City of McAllen. Ray's birthdate is February 21, 1991 and Maria's is December 30, 1993. Ray and Maria's earnings are reported on the following Form W-2s: Visit them e file www.egovine FASTTU Employees om 469-21-5523 OMB No 154500 30,415.00 Empoyo dentrumber 21-7654321 e Employer's redes, and ZIP code Palm Oil Corporation 11134 E. Pecan Blvd. McAllen, TX 78501 30.415.00 3,070.00 Botyw 1,885.73 Made in with 441.02 Abris 30.415.00 7 Nyi d Central urbe 10 Dependent care benefits Lame 11 par ructions for box T2 . Employee's stramen Ray Gomez 1610 Quince Avenue McAllen, TX 78701 120 - 10 2e + Employe's dress and code 15 Semers Employer One TX 20 Form Statement Copy B-To Be Filed with Employee's FEDERAL Tax Retum This information is being furnished to the Internal Revens Service 2019 Deportery - Home Service Sata cu OMB No 1545-0008 FAIT US 444-65-9912 D Emalaywridentinum 23-4444321 e Employer's name, address, and ZIP de City of McAllen 1300 W. Houston Ave. McAllen, TX 78501 32,402.00 Soury wages 32,402.00 Visit the web e-file 2 Franched 2,654.00 Social Security withod 2.008.92 Medicare to withheld 469.83 # Alecaned tipe 32,402.00 d Control number Last name 10 Dependent care benefits GR 11 Nogled plans . Employee's first name and Maria Gomez 1610 Quince Ave McAllen, TX 78701 12a Seinstructions for box 12 12 16 One 1 120 Employee's address and ZIP code 15 State Employer's trum TX 12d 10 Sewage, Blonde 15 Local wages 19 Local income tax 1 W-2 Wage and Tax Form 2019 Copy B-To Be Filed With Employee' FEDERAL Tax Retur. This information is being furnished to the Internal Revenue Service Departof the trees Questions and Problems 261 Ray and Maria have interest income as reported on the following 1099 INT CORRECTED of checked) PAYER'S name, street address, city or town, state or province, county, ZIPPERINO or foreign postal code, and telephonero McAllen State Bank 3302 N. 10th Street McAllen, TX 78501 $ 673.12 2 Earty withdrawal penalty 2019 Interest Income Form 1099-INT Copy B PAYER'S TIN RECIPIENTS TIN 34-7657651 444-65-9912 to US Sage Bonds and Tressor For Recipient Torgny Suspenguished to the IS RECIPIENT'S name 4 Faders come with moments This is important Maria Gomez information and is Foreign paid IRS you are Street dress including apt.no) required to filla 1610 Quince Avenue rest return, a negligence penalty or other sanction may be City of town, state or province country and Portorio postal code $ $ Imposed on your 10 Modiscount 11 Bond pro this inconsis McAllen, TX 78701 cabin and the IRS determines that it has FATCA $ S not been reported requireme 12 Bond money on 13 Bondom bond Account number se restructions 14 Temptando credit bond CUSIP 15 Se 18 Sanfon 17 State to withheld Form 1099-INT (keep for your records) www.is.goviform OSINT Department of the Treasury Internal Revenue Service In addition, they own U.S. Savings bonds (Series EE). The bonds had a value of $10,000 on January 1, 2019, and their value is $10,700 on December 31, 2019. They have not made an election with respect to these bonds. Ray has an ex-wife named Judy Gomez. Pursuant to their January 27, 2014 divorce decree, Ray pays her $450 per month in alimony. All payments were made on time in 2019. Judy's Social Security number is 566-74-8765. During 2019, Ray was in the hospital for a successful operation. His health insur- ance company reimbursed Ray $4,732 for all of his hospital and doctor bills. In June of 2019, Maria's father died. Under a life insurance policy owned and paid for by her father, Maria was paid death benefits of $25,000. She used $7,800 to cover a portion of the funeral costs for her father. Maria bought a Texas lottery ticket on impulse during 2019. Her ticket was lucky and she won $4,025. The winning amount was paid to Maria in November 2019, with no income tax withheld. Palm Oil Corporation provides Ray with a company car to drive while he is work ing. The Corporation spent $5,000 to maintain this vehicle during 2019. Ray never uses the car for personal purposes. Required: Complete the Gomez's federal tax return for 2019 on Form 1040 and Schedule 1 the Qualified Dividends and Capital Gain Tax Wor! 2A. Ray and Maria Gomez have been married for 3 years. Ray is a propane salesman for Palm Oil Corporation and Maria works as a city clerk for the City of McAllen. Ray's birthdate is February 21, 1991 and Maria's is December 30, 1993. Ray and Maria's earnings are reported on the following Form W-2s: Visit them e file www.egovine FASTTU Employees om 469-21-5523 OMB No 154500 30,415.00 Empoyo dentrumber 21-7654321 e Employer's redes, and ZIP code Palm Oil Corporation 11134 E. Pecan Blvd. McAllen, TX 78501 30.415.00 3,070.00 Botyw 1,885.73 Made in with 441.02 Abris 30.415.00 7 Nyi d Central urbe 10 Dependent care benefits Lame 11 par ructions for box T2 . Employee's stramen Ray Gomez 1610 Quince Avenue McAllen, TX 78701 120 - 10 2e + Employe's dress and code 15 Semers Employer One TX 20 Form Statement Copy B-To Be Filed with Employee's FEDERAL Tax Retum This information is being furnished to the Internal Revens Service 2019 Deportery - Home Service Sata cu OMB No 1545-0008 FAIT US 444-65-9912 D Emalaywridentinum 23-4444321 e Employer's name, address, and ZIP de City of McAllen 1300 W. Houston Ave. McAllen, TX 78501 32,402.00 Soury wages 32,402.00 Visit the web e-file 2 Franched 2,654.00 Social Security withod 2.008.92 Medicare to withheld 469.83 # Alecaned tipe 32,402.00 d Control number Last name 10 Dependent care benefits GR 11 Nogled plans . Employee's first name and Maria Gomez 1610 Quince Ave McAllen, TX 78701 12a Seinstructions for box 12 12 16 One 1 120 Employee's address and ZIP code 15 State Employer's trum TX 12d 10 Sewage, Blonde 15 Local wages 19 Local income tax 1 W-2 Wage and Tax Form 2019 Copy B-To Be Filed With Employee' FEDERAL Tax Retur. This information is being furnished to the Internal Revenue Service Departof the trees Questions and Problems 261 Ray and Maria have interest income as reported on the following 1099 INT CORRECTED of checked) PAYER'S name, street address, city or town, state or province, county, ZIPPERINO or foreign postal code, and telephonero McAllen State Bank 3302 N. 10th Street McAllen, TX 78501 $ 673.12 2 Earty withdrawal penalty 2019 Interest Income Form 1099-INT Copy B PAYER'S TIN RECIPIENTS TIN 34-7657651 444-65-9912 to US Sage Bonds and Tressor For Recipient Torgny Suspenguished to the IS RECIPIENT'S name 4 Faders come with moments This is important Maria Gomez information and is Foreign paid IRS you are Street dress including apt.no) required to filla 1610 Quince Avenue rest return, a negligence penalty or other sanction may be City of town, state or province country and Portorio postal code $ $ Imposed on your 10 Modiscount 11 Bond pro this inconsis McAllen, TX 78701 cabin and the IRS determines that it has FATCA $ S not been reported requireme 12 Bond money on 13 Bondom bond Account number se restructions 14 Temptando credit bond CUSIP 15 Se 18 Sanfon 17 State to withheld Form 1099-INT (keep for your records) www.is.goviform OSINT Department of the Treasury Internal Revenue Service In addition, they own U.S. Savings bonds (Series EE). The bonds had a value of $10,000 on January 1, 2019, and their value is $10,700 on December 31, 2019. They have not made an election with respect to these bonds. Ray has an ex-wife named Judy Gomez. Pursuant to their January 27, 2014 divorce decree, Ray pays her $450 per month in alimony. All payments were made on time in 2019. Judy's Social Security number is 566-74-8765. During 2019, Ray was in the hospital for a successful operation. His health insur- ance company reimbursed Ray $4,732 for all of his hospital and doctor bills. In June of 2019, Maria's father died. Under a life insurance policy owned and paid for by her father, Maria was paid death benefits of $25,000. She used $7,800 to cover a portion of the funeral costs for her father. Maria bought a Texas lottery ticket on impulse during 2019. Her ticket was lucky and she won $4,025. The winning amount was paid to Maria in November 2019, with no income tax withheld. Palm Oil Corporation provides Ray with a company car to drive while he is work ing. The Corporation spent $5,000 to maintain this vehicle during 2019. Ray never uses the car for personal purposes. Required: Complete the Gomez's federal tax return for 2019 on Form 1040 and Schedule 1