This is all one question, 3 parts, for 2021

Broker's Commission Paid Investment Assets Date Acquired Purchase price at Tine of Purchase 300 shares of IBM common 11/22/2018 $ 10,560 $ 100 200 shares of IBM common 4/3/2019 43,460 300 3,000 shares of Apple preferred 12/12/2019 168,000 1,300 2,100 shares of Cisco common 8/14/2020 54,600 550 420 shares of Vanguard mutual fund 3/2/2021 16,800 No-load fund *No commissions are charged when no-load mutual funds are bought and sold. Because of the downturn in the stock market, Mr and Mrs. Howell decided to sell most of their stocks and the mutual fund in 2021 and to reinvest in municipal bonds. The following investment assets were sold in 2021 Broker's Connission Paid Investment Assets Date Sold Sale Price at Time of Sale 300 shares of IBM common 5/6 $ 15,800 $ 100 3,000 shares of Apple preferred 10/5 223,00 2,080 2,100 shares of Cisco Connon 63,460 451 shares of Vanguard nutual fund 12/21 17,800 No-load funde "No commissions are charged when no-load mutual funds are bought and sold. The Howells' broker issued them a Form 1099-B showing the sales proceeds net of the commissions paid. For example, the IBM sales proceeds were reported as $15,700 on the Form 1099-8 they received. In addition to the sales reflected in the table above, the Howells provided you with the following additional information concerning 2021 8/15 650 The Howells received a Form 1099-B from the Vanguard mutual fund reporting a $900 long-term capital gain distribution. This distribution was reinvested in 31 additional Vanguard mutual fund shares on 6/30/2021. In 2014, Mrs. Howell loaned $8,100 to a friend who was starting a new multilevel marketing company called LD3. The friend declared bankruptcy in 2021, and Mrs. Howell has been notified she will not be receiving any repayment of the loan The Howells have a $4,400 short-term capital loss carryover and a $6,900 long-term capital loss carryover from prior years. The Howells did not instruct their broker to sell any particular lot of IBM stock. The Howells earned $4,050 in municipal bond Interest, $4,050 in interest from corporate bonds, and $6,100 in qualified dividends. Assume the Howells have $182,500 of wage income during the year a. Use Form 8949 and page 1 of Schedule D to compute net long-term and short-term capital gains. Then, compute the Howells' taxtability for the year (gnoring the alternative minimum tax and any phase-out provisions) assuming they file a joint return, they a. Use Form 8949 and page 1 of Schedule D to compute net long-term and short-term capital gains. Then, compute the Howells tax liability for the year (ignoring the alternative minimum tax and any phase-out provisions) assuming they file a joint return, they have no dependents, they don't make any special tax elections, and their itemized deductions total $26.000 Assume that asset bases are reported to the IRS Me Howell social security number: 412-34.5670 Input all values as positive numbers unless instructed otherwise on the forms. Negative amounts should be indicated by a minus sign. Use 2021 tax rules regardless of year on tax form.) Complete this question by entering your answers in the tabs below. Form 1949 PGI Form 8949 PG2 Schedule Form 8949 Page 1 and 2. Form 8949 DepofTuyam Reverse Service Sales and Other Dispositions of Capital Assets OMB No 1545-0014 2020 Go to www.ingowo1940 forinwuctions and the latest normation The with your schedule D I your transactions torine 16.2.2.1. and to schedule Acantec No. 124 Soci umor payern NOW ontM Note more you choose whether you any Forma 10098 ore me on your broker what will see motions Form 1000 melhow whether your daily your cowa reported to rely your may even you with borto Part I Short-Term Technining capassets you told to enly short construction. For long.com transaction, page 2 You may regalow home ported on Ford) 100-3 rowing boss was reported to the land for which on are regretter en con S. Ineta you are regard to reports transactions on Fomentions) You must check Box A, B, or below. Check only one box more than one box ples for your short term ansactions, complete aparate For Page 1 for the box if you have more shormation than welft on this page for one or more of the completes many form wie sobe ches you need OW Brontemented on Form 1000 swing brownported to be tree die above) Ostematon reported on Form100 showing besawat moeder c) rosto pored to you on Forn 100- Adjustment any of your barn Comoros wout com ele era code incolumn 500 han er Prev 1 2 of 2 !!! Next > hes den 1000 org was posted Shore on Formatowas wie tot Orthoped to you form 10000 Il Corner See below and Column Antrary to anyon morboden See ING hone Strum Cound combine Corom het wool Anton Doney can TVZ Das De Press MY) und 2 TAKT here and Schede 10 to be in the seves Boxbow she News About the was recente reported to an acto come to Oncorhotane would For Paper Reduction Are your tas return instructions Cat No. 377662 THIS FORM IS A SIMULATION OF AN OINCIALUS TAX FORM. IT IS NOT THE OFFICIAL FORM ITU, DO NOT USE THIS FORM FOR TAX PILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL OR01 Merww.dation

Fan 14 2010 Howels taxabilly for the year Form 89-9 G1 Form 949 PG2 Schedule Form 8949 Page 1 and 2. Page 2 For NS 2003 Namoro arroionowo Alishment Bwe No 12A Sorteerde BOURBONO. OF Wory recey Fow 1000-8 rom your met wie man From 10.8. ierwow where your reported by you Bryan tech Part Long-Term Two captures you more worrying (Tornem transactions et Note: You may or manerad on From 1000-how as wat reeds and white or codes are wonder the directly on screen you are required to reportese tractions on Form 49 cm) You must check Box D, E or F below. Check only one box. If more than one box applies for your long term transactions, complete a separate Form 8949, page 2, for nach applicable box. If you have more long-term transactions than wift on this page for one or more of the boxes, complete as many forms with the same box checked as you need Ol) Long term transactions reported on Form() 1000-8 showing basis was reported to the IRS (se Note above) (E) Long-term transaction reported on Form) 1009-8 showing boss wasn't reported to the IRS O Plong-term transactions not reported to you on Form 1090-8 Aytgin or you amount include com Despoon of 100 XYZ > DO cerda Como pic) Contoh See the Nobel and our olano Srect column (from cum and combine Ini 10 Ant ades coreya You must check Box D, E. OF below. Check only one or if more than one box applies for your long-term transactions, complete a separate Form 8949, page 2. for each applicable box. If you have more long-term transactions than west on this page for one or more of the boxes, complete as many forms with the same box checked as you need Olo) Long-term transactions reported on Form) 10998 showing basis was reported to the IRS (ne Note above) OTE) Long-term transactions reported on Form(s) 1099-8 showing basis wasn't reported to the IRS Oir long-term transactions not reported to you on Form 10008 Any to gain or loss you can mountain See the actions Proceeds Dan or Saunom column and combine thers who ) Datered Descron of property (100 XYZ) la Costa See the Nobelow Column tre ons c) Dale sold be of) Il Amount of Coded from one 2. As the amounts in course and subtractive mount) Enerwacht here and wide on your sche, Box above checked for aboven kador fine 10 Box Fabove is check Not you checked Boxstove sported to the correct enter in comported and enter and sent in conto correcte bonis Set Cound in the sprintructions for how to figure the mountatement THIS FORMISA SIMULATION OF AN OFFICIALUS TAX FORM. IT IS NOT THE OFFICIAL FORM ITSEL DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL O 2021 Meducation Form 8949 (2020) Capital Gains and Losses OV N. 1545-0074 Form 8949 Schedule D. SCHEDULED (Form 1040) Department of the event Service Name ore 2020 Atach 16 om 1040,1010-5, 1040 NR Go to www toodwenton Use Tom 1941 a you want torines 16.2.3.to.und 10 Amachant quero No 12 Your social security number Did you dispose of any investment(s) in a qualified opportunity fund during the tax year? Yes No if Yes."attach Form 8949 and see its instructions for additional requirements for reporting your gain of loss. Part 1 Short-Term Capital Gains and Losses--Generally Assets Held One Year or Less (see instructions) Sections how to further to enter on the res below Auto PON Costorom gain oroon Nano Sur (from column ce) Form) That may be easier to complete your is to which and combine with me 1 Totes for thostomation reported on Form 1000 for which was reported with your own tor). However, you choose to portrete transactions on Favestna and in to 10 Two more on Fotos Adhed 2 Total transport on Fome with for the 3 credono with Box checked man from For 257 meron Forms 67824 5 Norma corporations from # Shermaphrow Erantwomine By Cat Cwy Woo 7 om genere comes to wow you have any 0010 Port Ovet Protect Part I Long-Term Capital Gains and Losses Generally Assets Held More Than One Year (see Instructions) Bector for how to use one w a) Anto Proced 1) Cost for other in room On Som from com This form may be complete you round of cents to who does price Ford) 10. Part and combine who 2. a tots for a long term contreported on Yom 1000-to which his dwich you were am res) However, if you choose to report these ansactions on Form eine and Total action reported on Fomem Borchecked 0 - Team foron reported on Form with Blox checked Songan tom Form 6.252 and short termgahorow from Forma 484.6781, and 1824 5 Neem gain or cofom corporis sustom Schedule 1 6 Shormatan kryover Eberte mounting trom Ine of your cap on Caryover Worksheet in the instructions 7. Net honom pral gain or Combinaties through on cout you have any long term capital gains or losses, 2010 Patel One to Paris on the back Parti Long-Term Capital Gains and Losses-Generally Assets Held More Than One Year (see Instructions) Serructions for how to figure e amounts to enter on the fines below (0) Auto Process (Cost for other garoto Gan ) Subtract from com pro Fom. Part (0) and como out with This form may be complete you round of cents to whole ole 2. column] 8 Totals for a long-term transaction reported on Form 10908 for which besis was reported to and for which you have no sirena (se tro). However, you choose to report all these transactions on Form av Nine Bank and go to line to Tutoratraction reported on Form) 6549 with Box D checked Total formation reported on Form) 843 w box checked 10 for transaction reported on Form) w BoxFchecked 11 Gain from Form 4707. Partit, long term gain from Forma 2450 and 6212 and long terminorus) from Form 484.6761, 0874 11 12 Netlog tomon oros) from person corporations, estates, ad som Schenk 1 12 13 Capital gainditutions See the actions 13 14 tong o capital com carryover Enterre amount it any from ine 13 of your Capital com Canyover Worksheet in instructions Enter as negative) 14 15 Nelong term capital gain oro) Combineres ta through 14 in columns Then polo Part one back 15 For Paperwork Reduction Act Notic, see your tax return instruction Cat No. 113367 Schedule D Form 1040 1040-SR) 2020 THIS FORM IS A SIMULATION OF AN OFFICIAL US. TAX FORM IT IS NOT THE OFFICIAL FORM ITSELF DO NOT USE THE FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL 2021 Mc Education hes den 1000 org was posted Shore on Formatowas wie tot Orthoped to you form 10000 Il Corner See below and Column Antrary to anyon morboden See ING hone Strum Cound combine Corom het wool Anton Doney can TVZ Das De Press MY) und 2 TAKT here and Schede 10 to be in the seves Boxbow she News About the was recente reported to an acto come to Oncorhotane would For Paper Reduction Are your tas return instructions Cat No. 377662 THIS FORM IS A SIMULATION OF AN OINCIALUS TAX FORM. IT IS NOT THE OFFICIAL FORM ITU, DO NOT USE THIS FORM FOR TAX PILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL OR01 Merww.dation

Fan 14 2010 Howels taxabilly for the year Form 89-9 G1 Form 949 PG2 Schedule Form 8949 Page 1 and 2. Page 2 For NS 2003 Namoro arroionowo Alishment Bwe No 12A Sorteerde BOURBONO. OF Wory recey Fow 1000-8 rom your met wie man From 10.8. ierwow where your reported by you Bryan tech Part Long-Term Two captures you more worrying (Tornem transactions et Note: You may or manerad on From 1000-how as wat reeds and white or codes are wonder the directly on screen you are required to reportese tractions on Form 49 cm) You must check Box D, E or F below. Check only one box. If more than one box applies for your long term transactions, complete a separate Form 8949, page 2, for nach applicable box. If you have more long-term transactions than wift on this page for one or more of the boxes, complete as many forms with the same box checked as you need Ol) Long term transactions reported on Form() 1000-8 showing basis was reported to the IRS (se Note above) (E) Long-term transaction reported on Form) 1009-8 showing boss wasn't reported to the IRS O Plong-term transactions not reported to you on Form 1090-8 Aytgin or you amount include com Despoon of 100 XYZ > DO cerda Como pic) Contoh See the Nobel and our olano Srect column (from cum and combine Ini 10 Ant ades coreya You must check Box D, E. OF below. Check only one or if more than one box applies for your long-term transactions, complete a separate Form 8949, page 2. for each applicable box. If you have more long-term transactions than west on this page for one or more of the boxes, complete as many forms with the same box checked as you need Olo) Long-term transactions reported on Form) 10998 showing basis was reported to the IRS (ne Note above) OTE) Long-term transactions reported on Form(s) 1099-8 showing basis wasn't reported to the IRS Oir long-term transactions not reported to you on Form 10008 Any to gain or loss you can mountain See the actions Proceeds Dan or Saunom column and combine thers who ) Datered Descron of property (100 XYZ) la Costa See the Nobelow Column tre ons c) Dale sold be of) Il Amount of Coded from one 2. As the amounts in course and subtractive mount) Enerwacht here and wide on your sche, Box above checked for aboven kador fine 10 Box Fabove is check Not you checked Boxstove sported to the correct enter in comported and enter and sent in conto correcte bonis Set Cound in the sprintructions for how to figure the mountatement THIS FORMISA SIMULATION OF AN OFFICIALUS TAX FORM. IT IS NOT THE OFFICIAL FORM ITSEL DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL O 2021 Meducation Form 8949 (2020) Capital Gains and Losses OV N. 1545-0074 Form 8949 Schedule D. SCHEDULED (Form 1040) Department of the event Service Name ore 2020 Atach 16 om 1040,1010-5, 1040 NR Go to www toodwenton Use Tom 1941 a you want torines 16.2.3.to.und 10 Amachant quero No 12 Your social security number Did you dispose of any investment(s) in a qualified opportunity fund during the tax year? Yes No if Yes."attach Form 8949 and see its instructions for additional requirements for reporting your gain of loss. Part 1 Short-Term Capital Gains and Losses--Generally Assets Held One Year or Less (see instructions) Sections how to further to enter on the res below Auto PON Costorom gain oroon Nano Sur (from column ce) Form) That may be easier to complete your is to which and combine with me 1 Totes for thostomation reported on Form 1000 for which was reported with your own tor). However, you choose to portrete transactions on Favestna and in to 10 Two more on Fotos Adhed 2 Total transport on Fome with for the 3 credono with Box checked man from For 257 meron Forms 67824 5 Norma corporations from # Shermaphrow Erantwomine By Cat Cwy Woo 7 om genere comes to wow you have any 0010 Port Ovet Protect Part I Long-Term Capital Gains and Losses Generally Assets Held More Than One Year (see Instructions) Bector for how to use one w a) Anto Proced 1) Cost for other in room On Som from com This form may be complete you round of cents to who does price Ford) 10. Part and combine who 2. a tots for a long term contreported on Yom 1000-to which his dwich you were am res) However, if you choose to report these ansactions on Form eine and Total action reported on Fomem Borchecked 0 - Team foron reported on Form with Blox checked Songan tom Form 6.252 and short termgahorow from Forma 484.6781, and 1824 5 Neem gain or cofom corporis sustom Schedule 1 6 Shormatan kryover Eberte mounting trom Ine of your cap on Caryover Worksheet in the instructions 7. Net honom pral gain or Combinaties through on cout you have any long term capital gains or losses, 2010 Patel One to Paris on the back Parti Long-Term Capital Gains and Losses-Generally Assets Held More Than One Year (see Instructions) Serructions for how to figure e amounts to enter on the fines below (0) Auto Process (Cost for other garoto Gan ) Subtract from com pro Fom. Part (0) and como out with This form may be complete you round of cents to whole ole 2. column] 8 Totals for a long-term transaction reported on Form 10908 for which besis was reported to and for which you have no sirena (se tro). However, you choose to report all these transactions on Form av Nine Bank and go to line to Tutoratraction reported on Form) 6549 with Box D checked Total formation reported on Form) 843 w box checked 10 for transaction reported on Form) w BoxFchecked 11 Gain from Form 4707. Partit, long term gain from Forma 2450 and 6212 and long terminorus) from Form 484.6761, 0874 11 12 Netlog tomon oros) from person corporations, estates, ad som Schenk 1 12 13 Capital gainditutions See the actions 13 14 tong o capital com carryover Enterre amount it any from ine 13 of your Capital com Canyover Worksheet in instructions Enter as negative) 14 15 Nelong term capital gain oro) Combineres ta through 14 in columns Then polo Part one back 15 For Paperwork Reduction Act Notic, see your tax return instruction Cat No. 113367 Schedule D Form 1040 1040-SR) 2020 THIS FORM IS A SIMULATION OF AN OFFICIAL US. TAX FORM IT IS NOT THE OFFICIAL FORM ITSELF DO NOT USE THE FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL 2021 Mc Education