• Use the following information to complete Armando and Lourdes Gonzaless 2019 federal income tax return. If any information is missing, use reasonable assumptions to fill in the gaps.

1. Armando Z. and Lourdes K. Gonzales are married and file a joint return. Armando is self-employed as a dentist, and Lourdes is a college professor. Armando and Lourdes have three children. The oldest is Ricardo, who lives at home. Ricardo is a law student at the University of Cincinnati and worked part time during the year, earning $1,500, which he spent for his own support. Armando and Lourdes provided $6,000 toward Ricardos support (including $4,000 for Ricardos fall tuition). They also provided over half the support of their daughter, Selena, who is a full-time student at Edgecliff College in Cincinnati. Selena worked part time as an independent contractor during the year, earning $3,200. Selena lived at home until she was married in December 2019. She filed a joint return with her husband, Tony, who earned $20,000 during the year. Felipe is the youngest and lived in the Gonzaless home for the entire year. The Gonzaleses provide you with the following additional information:
   • Armando and Lourdes would like to take advantage on their return of any educational expenses paid for their children.
   • The Gonzaleses do not want to contribute to the presidential election campaign.
   • The Gonzaleses live at 621 Franklin Avenue, Cincinnati, Ohio 45211.
   • Armandos birthday is 3/5/1967 and his Social Security number is 333-45-6666.
   • Lourdess birthday is 4/24/1969 and her Social Security number is 566-77-8888.
   • Ricardos birthday is 11/6/1996 and his Social Security number is 576-18-7928.
   • Selenas birthday is 2/1/2000 and her Social Security number is 575-92-4321.
   • Felipes birthday is 12/12/2007 and his Social Security number is 613-97-8465.
   • The Gonzaleses do not have any foreign bank accounts or trusts.
2. Lourdes is a lecturer at Xavier University in Cincinnati, where she earned $30,000. The university withheld federal income tax of $3,375, state income tax of $900, Cincinnati city income tax of $375, $1,860 of Social Security tax, and $435 of Medicare tax. She also worked part of the year for Delta Airlines. Delta paid her $10,000 in salary, and withheld federal income tax of $1,125, state income tax of $300, Cincinnati city income tax of $125, Social Security tax of $620, and Medicare tax of $145.
3. The Gonzaleses received $800 of interest from State Savings Bank on a joint account. They received interest of $1,000 on City of Cincinnati bonds they bought in January with the proceeds of a loan from Third National Bank of Cincinnati. Page C-9They paid interest of $1,100 on the loan. Armando received a dividend of $540 on General Bicycle Corporation stock he owns. Lourdes received a dividend of $390 on Acme Clothing Corporation stock she owns. Armando and Lourdes received a dividend of $865 on jointly owned stock in Maple Company. All of the dividends received in 2019 are qualified dividends.
4. Armando practices under the name Armando Z. Gonzales, DDS. His business is located at 645 West Avenue, Cincinnati, Ohio 45211, and his employer identification number is 01-2222222. Armandos gross receipts during the year were $111,000. Armando uses the cash method of accounting for his business. Armandos business expenses are as follows:

Advertising	$ 1,200
Professional dues	490
Professional journals	360
Contributions to employee benefit plans	2,000
Malpractice insurance	3,200
Fine for overbilling State of Ohio for work performed on welfare patient	5,000
Insurance on office contents	720
Interest on money borrowed to refurbish office	600
Accounting services	2,100
Miscellaneous office expense	388
Office rent	12,000
Dental supplies	7,672
Utilities and telephone	3,360
Wages	30,000
Payroll taxes	2,400

5. In June, Armando decided to refurbish his office. This project was completed and the assets placed in service on July 1. Armandos expenditures included $8,000 for new office furniture, $6,000 for new dental equipment (seven-year recovery period), and $2,000 for a new computer. Armando elected to compute his cost recovery allowance using MACRS. He did not elect to use 179 immediate expensing, and he chose to not claim any bonus depreciation.
6. Lourdess mother, Maria, died on July 2, 2014, leaving Lourdes her entire estate. Included in the estate was Marias residence (325 Oak Street, Cincinnati, Ohio 45211). Marias basis in the residence was $30,000. The fair market value of the residence on July 2, 2014, was $155,000. The property was distributed to Lourdes on January 1, 2015. The Gonzaleses have held the property as rental property and have managed it themselves. From 2015 until June 30, 2019, they rented the house to the same tenant. The tenant was transferred to a branch office in California and moved out at the end of June. Since they did not want to bother finding a new tenant, Armando and Lourdes sold the house on June 30, 2019. They received $140,000 for the house and land ($15,000 for the land and $125,000 for the house), less a 6 percent commission charged by the broker. They had depreciated the house using the MACRS rules and conventions applicable to residential real estate. To compute depreciation on the house, the Gonzaleses had allocated $15,000 of the propertys basis to the land on which the house is located. The Gonzaleses collected rent of $1,000 a month during the six months the house was occupied during the year. You may assume that the rental activity is considered an investment activity (not a trade or business). They incurred the following related expenses during this period:

   Property insurance	$500
   Property taxes	800
   Maintenance	465
   Depreciation (to be computed)	?

7. The Gonzaleses sold 200 shares of Capp Corporation stock on September 3, 2019, for $42 a share (minus a $50 commission). The Gonzaleses received the stock from Armandos father on June 25, 1993, as a wedding present. Armandos father originally purchased the stock for $10 per share on January 1, 1970. The stock was valued at $14.50 per share on the date of the gift. No gift tax was paid on the gift.
8. Armando and Lourdes have given you a file containing the following receipts for expenditures during the year:

   Prescription medicine and drugs (net of insurance reimbursement)	$ 376
   Doctor and hospital bills (net of insurance reimbursement)	2,468
   Penalty for underpayment of last years state income tax	15
   Real estate taxes on personal residence	4,762
   Interest on home mortgage (paid to Home State Savings & Loan)	8,250
   Interest on credit cards (consumer purchases)	595
   Cash contribution to St. Matthews church	9,080
   Payroll deductions for Lourdess contributions to the United Way	150

9. The Gonzaleses filed their 2018 federal, state, and local returns on April 12, 2019. They paid the following additional 2018 taxes with their returns: federal income taxes of $630, state income taxes of $250, and city income taxes of $75.
10. The Gonzaleses made timely estimated federal income tax payments of $1,500 each quarter during 2019. They also made estimated state income tax payments of $300 each quarter and estimated city income tax payments of $160 each quarter. The Gonzaleses made all fourth-quarter payments on December 31, 2019. They would like to receive a refund for any overpayments.

OMB No. 1545-0172 Fom 4562 Depreciation and Amortization (Including Information on Listed Property) Attach to your tax return. Go to www.irs.gov/Form4562 for instructions and the latest information. Business or activity to which this form relates 2019 Department of the Treasury Internal Revenue Service 99 Name(s) shown on return Attachment Sequence No. 179 Identifying number Parti Election To Expense Certain Property Under Section 179 Note: If you have any listed property, complete Part V before you complete Part I. 1 Maximum amount (see instructions) 2 Total cost of section 179 property placed in service (see instructions) 3 Threshold cost of section 179 property before reduction in limitation (see instructions) 4 Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter-O- 5 Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -O-. If married filing separately, see instructions... 6 (a) Description of property (b) Cost (business use only! (c) Elected cost 1 2 3 4 5 8 9 10 11 12 14 15 16 service 7 Listed property. Enter the amount from line 29 7 8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 9 Tentative deduction. Enter the smaller of line 5 or line 8....... 10 Carryover of disallowed deduction from line 13 of your 2018 Form 4562 11 Business income limitation. Enter the smaller of business income (not less than zero) or line 5. See instructions 12 Section 179 expense deduction. Add lines 9 and 10, but don't enter more than line 11.. 13 Carryover of disallowed deduction to 2020. Add lines 9 and 10, less line 12 13 Note: Don't use Part II or Part III below for listed property. Instead, use Part V. Part II Special Depreciation Allowance and Other Depreciation (Don't include listed property. See instructions.) 14 Special depreciation allowance for qualified property (other than listed property) placed in service during the tax year. See instructions.... 15 Property subject to section 168(1)(1) election 16 Other depreciation (including ACRS) Part III MACRS Depreciation (Don't include listed property. See instructions.) Section A 17 MACRS deductions for assets placed in service in tax years beginning before 2019 17 18 If you are electing to group any assets placed in service during the tax year into one or more general asset accounts, check here Section B-Assets Placed in Service During 2019 Tax Year Using the General Depreciation System b) Month and year (c) Basis for depreciation (a) Classification of property placed in (business/investment use (d) Recovery le) Convention (1) Method (g) Depreciation deduction only-see instructions) period 19a 3-year property b 5-year property C 7-year property d 10-year property e 15-year property f 20-year property g 25-year property 25 yrs. S/L h Residential rental 275 yrs. MM S/L property 27.5 yrs. MM S/L i Nonresidential real 39 yrs. MM S/L property MM S/L Section C-Assets Placed in Service During 2019 Tax Year Using the Alternative Depreciation System 20a Class life S/L b 12-year S/L c 30-year 30 yrs MM S/L d 40-year 40 yrs. MM S/L Part IV Summary (See instructions.) 21 Listed property. Enter amount from line 28 21 22 Total. Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21. Enter here and on the appropriate lines of your return. Partnerships and corporations-see instructions 22 23 For assets shown above and placed in service during the current year, enter the portion of the basis attributable to section 263A costs 23 For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 12906N Form 4562 2019) 12 yrs. Recovery 25 Is Form 4562 (2019) Page 2 Part V Listed Property (Include automobiles, certain other vehicles, certain aircraft, and property used for entertainment, recreation, or amusement.) Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a, 24b, columns (a) through (c) of Section A, all of Section B, and Section C if applicable. Section A-Depreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.) 24a Do you have evidence to support the business/investment use claimed? ? Yes No No 24b If "Yes," is the evidence written? Yes No (a) (b) (c) (e) (d) (0) (g) (h) Type of property list Date placed investment use Cost or other basis businessinvestment Basis for depreciation 00 Method Depreciation Elected section 179 vehicles first) in service period percentage Convention cost deduction use only 25 Special depreciation allowance for qualified listed property placed in service during the tax year and used more than 50% in a qualified business use. See instructions 26 Property used more than 50% in a qualified business use: % % % 27 Property used 50% or less in a qualified business use: % S/L- 2 % S/L- % S/L- 28 Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1 28 29 Add amounts in column (0), line 26. Enter here and on line 7, page 1 29 Section B-Information on Use of Vehicles Complete this section for vehicles used by a sole proprietor, partner, or other more than 5% owner," or related person. If you provided vehicles to your employees, first answer the questions in Section to see if you meet an exception to completing this section for those vehicles. (a) (d) (e) 30 Total business/investment miles driven during Vehicle 1 Vehicle 3 Vehicle 4 Vehicle 5 Vehicle 6 the year (don't include commuting miles) 31 Total commuting miles driven during the year 32 Total other personal (noncommuting) miles driven 33 Total miles driven during the year. Add lines 30 through 32 34 Was the vehicle available for personal Yes No Yes No Yes No Yes No Yes No Yes No use during off-duty hours? 35 Was the vehicle used primarily by a more than 5% owner or related person? Section C-Questions for Employers Who Provide Vehicles for use by Their Employees Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who aren't more than 5% owners or related persons. See instructions. 37 Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by Yes No your employees? ..:.:.:.:.:.:.:.:.:.:.:.: 38 Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your D employees? See the instructions for vehicles used by corporate officers, directors, or 1% or more owners 39 Do you treat all use of vehicles by employees as personal use? 40 Do you provide more than five vehicles to your employees, obtain information from your employees about the use of the vehicles, and retain the information received? 41 Do you meet the requirements concerning qualified automobile demonstration use? See instructions. . Note: If your answer to 37, 38, 39, 40, or 41 is "Yes," don't complete Section B for the covered vehicles. Part VI Amortization (a) (b) (c) (d) (1) Date amortization Description of costs Amortizable amount Code section begins period or Amortization for this year percentage 42 Amortization of costs that begins during your 2019 tax year (see instructions): (b) Vehicle 2 E. (e) Amortization 43 Amortization of costs that began before your 2019 tax year 44 Total. Add amounts in column (f). See the instructions for where to report 43 44 Form 4562 (2019) OMB No. 1545-0074 8863 Form Education Credits (American Opportunity and Lifetime Learning Credits) Attach to Form 1040 or 1040-SR. Go to www.irs.gov/Form8863 for instructions and the latest information. 2019 Department of the Treasury Internal Revenue Service (99) Name(s) shown on return Attachment Sequence No. 50 Your social security number A Complete a separate Part III on page 2 for each student for whom you're claiming either credit before you complete Parts I and II. CAUTION 1 3 4 6 } 6 7 7 8 8 Part 1 Refundable American Opportunity Credit 1 After completing Part III for each student, enter the total of all amounts from all Parts III, line 30 2 Enter: $180,000 if married filing jointly: $90,000 if single, head of household, or qualifying widow(er) 2 Enter the amount from Form 1040 or 1040-SR, line 8b. If you're filing Form 2555 or 4563, or you're excluding income from Puerto Rico, see Pub. 970 for the amount to enter 3 Subtract line 3 from line 2. If zero or less, stop: you can't take any education credit 4 5 Enter: $20,000 if married filing jointly: $10,000 if single, head of household, or qualifying widower) 5 If line 4 is: Equal to or more than line 5, enter 1.000 on line 6 Less than line 5, divide line 4 by line 5. Enter the result as a decimal (rounded to at least three places) Multiply line 1 by line 6. Caution: If you were under age 24 at the end of the year and meet the conditions described in the instructions, you can't take the refundable American opportunity credit; skip line 8, enter the amount from line 7 on line 9, and check this box . Refundable American opportunity credit. Multiply line 7 by 40% (0.40). Enter the amount here and on Form 1040 or 1040-SR, line 18c. Then go to line 9 below Part II Nonrefundable Education Credits Subtract line 8 from line 7. Enter here and on line 2 of the Credit Limit Worksheet (see instructions) 10 After completing Part III for each student, enter the total of all amounts from all Parts III, line 31. If zero, skip lines 11 through 17, enter -- on line 18, and go to line 19 11 Enter the smaller of line 10 or $10,000 12 Multiply line 11 by 20% (0.20). . 13 Enter: $136,000 if married filing jointly; $68,000 if single, head of household, or qualifying widow(er) 13 14 Enter the amount from Form 1040 or 1040-SR, line 8b. If you're filing Form 2555 or 4563, or you're excluding income from Puerto Rico, see Pub. 970 for the amount to enter 14 15 Subtract line 14 from line 13. If zero or less, skip lines 16 and 17, enter -- on line 18, and go to line 19 15 16 Enter: $20,000 if married filing jointly: $10,000 if single, head of household, or qualifying widower) ........ 16 17 If line 15 is: Equal to or more than line 16, enter 1.000 on line 17 and go to line 18 Less than line 16, divide line 15 by line 16. Enter the result as a decimal (rounded to at least three places) :::::::::: 18 Multiply line 12 by line 17. Enter here and on line 1 of the Credit Limit Worksheet (see instructions) 19 Nonrefundable education credits. Enter the amount from line 7 of the Credit Limit Worksheet (see instructions) here and on Schedule 3 (Form 1040 or 1040-SR), line 3........... For Paperwork Reduction Act Notice, see your tax return instructions. 9 9 10 11 12 17 18 19 Cat. No. 25379M Form 8863 (2019) Form 8863 (2019) Name(s) shown on return Page 2 Your social security number Complete Part III for each student for whom you're claiming either the American opportunity credit or lifetime learning credit. Use additional copies of page 2 as needed for CAUTION each student. Part III Student and Educational Institution Information. See instructions. 20 Student name (as shown on page 1 of your tax return) 21 Student social security number (as shown on page 1 of your tax return) 22 Educational institution information (see instructions) a. Name of first educational institution b. Name of second educational institution (if any) (1) Address. Number and street (or P.O. box). City, town or post office, state, and ZIP code. If a foreign address, see instructions. (1) Address. Number and street (or P.O. box). City, town or post office, state, and ZIP code. If a foreign address, see instructions. (2) Did the student receive Form 1098-T Yes No from this institution for 2019? (3) Did the student receive Form 1098-T from this institution for 2018 with box Yes No 7 checked? (4) Enter the institution's employer identification number (EIN) if you're claiming the American opportunity credit or if you checked "Yes" in (2) or (3). You can get the EIN from Form 1098-T or from the institution. (2) Did the student receive Form 1098-T Yes No from this institution for 2019? (3) Did the student receive Form 1098-T from this institution for 2018 with box Yes O No 7 checked? (4) Enter the institution's employer identification number (EIN) if you're claiming the American opportunity credit or if you checked "Yes" in (2) or (3). You can get the EIN from Form 1098-T or from the institution. 23 24 Has the Hope Scholarship Credit or American opportunity credit been claimed for this student for any 4 tax years Go to line 31 for this student.No - Go to line 24. Yes - ! before 2019? Was the student enrolled at least half-time for at least one academic period that began or is treated as having begun in 2019 at an eligible educational institution in a program Yes - Go to line 25 leading towards a postsecondary degree, certificate, or No - Stop! Go to line 31 for this student. other recognized postsecondary educational credential? See instructions. Did the student complete the first 4 years of postsecondary Yes - Stop! education before 2019? See instructions. Go to line 31 for this No - Go to line 26. student. Was the student convicted, before the end of 2019, of a Yes - Stop! felony for possession or distribution of a controlled Go to line 31 for this No - Complete lines 27 through 30 for this student. substance? student. 25 26 You can't take the American opportunity credit and the lifetime learning credit for the same student in the same year. If you complete lines 27 through 30 for this student, don't complete line 31. CAUTION American Opportunity Credit 27 Adjusted qualified education expenses (see instructions). Don't enter more than $4,000 27 28 Subtract $2,000 from line 27. If zero or less, enter-O- 28 29 Multiply line 28 by 25% (0.25) 29 30 If line 28 is zero, enter the amount from line 27. Otherwise, add $2,000 to the amount on line 29 and enter the result. Skip line 31. Include the total of all amounts from all Parts III, line 30, on Part I, line 1 30 Lifetime Learning Credit 31 Adjusted qualified education expenses (see instructions). Include the total of all amounts from all Parts III, line 31, on Part II line 10 31 Form 8863 (2019) Fom 8949 Department of the Treasury Internal Revenue Service Name(s) shown on return OMB No. 1545-0074 Sales and Other Dispositions of Capital Assets Go to www.irs.gov/Form8949 for instructions and the latest information. 2019 File with your Schedule D to list your transactions for lines 1b, 2, 3, 8b, 9, and 10 of Schedule D. Attachment Sequence No. 12A Social security number or taxpayer identification number Before you check Box A, B, or C below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check. Part 1 Short-Term. Transactions involving capital assets you held 1 year or less are generally short-term (see instructions). For long-term transactions, see page 2. Note: You may aggregate all short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 1a; you aren't required to report these transactions on Form 8949 (see instructions). You must check Box A, B, or C below. Check only one box. If more than one box applies for your short-term transactions, complete a separate Form 8949, page 1, for each applicable box. If you have more short-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need. (A) Short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see Note above) (B) Short-term transactions reported on Form(s) 1099-B showing basis wasn't reported to the IRS (C) Short-term transactions not reported to you on Form 1099-B Adjustment, if any, to gain or loss. 1 (e) If you enter an amount in column) (h) (d) (a) (b) (c) Cost or other basis. enter a code in column(). Gain or loss). Description of property Date sold or Proceeds Date acquired See the Note below See the separate instructions. Subtract column (e) (Example: 100 sh.XYZ Co.) disposed of (sales price) and see Column (e) from column (d) and (Mo., day, y.) (Mo., day, yr.) (see instructions) in the separate (g) combine the result instructions Code(s) from Amount of with column (g) instructions adjustment 2 Totals. Add the amounts in columns (d), (e), (g), and (h) (subtract negative amounts). Enter each total here and include on your Schedule D, line 1b (if Box A above is checked), line 2 0f Box B above is checked), or line 3 (if Box C above is checked) Note: If you checked Box A above but the basis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column (g) to correct the basis. See Column (g) in the separate instructions for how to figure the amount of the adjustment. For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 37768Z Form 8949 (2019) Form 8949 (2019) Name(s) shown on return. Name and SSN or taxpayer identification no. not required if shown on other side Attachment Sequence No. 12A Page 2 Social security number or taxpayer identification number Before you check Box D, E, or F below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check. Part II Long-Term. Transactions involving capital assets you held more than 1 year are generally long-term (see instructions). For short-term transactions, see page 1. Note: You may aggregate all long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 8a; you aren't required to report these transactions on Form 8949 (see instructions). 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 each applicable box. If you have more long-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need. (D) Long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see Note above) (E) Long-term transactions reported on Form(s) 1099-B showing basis wasn't reported to the IRS (F) Long-term transactions not reported to you on Form 1099-B Adjustment, if any, to gain or loss. (e) If you enter an amount in column (g) th (c) Cost or other basis. enter a code in column (1) Gain or loss). (b) Description of property Date acquired Date sold or Proceeds See the Note below See the separate instructions. Subtract column (e) sales price) (Example: 100 sh.XYZ Co.) disposed of and see Column (e) Mo, day, y) Mo., day.yr.) see instructions) from column (d) and in the separate (1) combine the result Codes) from Amount of with column (9) instructions adjustment 1 id) (a) (g) instructions 2 Totals. Add the amounts in columns (d), (e), (g), and (h) (subtract negative amounts). Enter each total here and include on your Schedule D, line 8b (if Box D above is checked), line 9 (if Box E above is checked), or line 10 (f Box F above is checked) Note: If you checked Box D above but the basis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column (g) to correct the basis. See Column (g) in the separate instructions for how to figure the amount of the adjustment. Form 8949 (2019) Fom 8995 Qualified Business Income Deduction OMB No. 1545-0123 Simplified Computation 2019 Attach to your tax return. Go to www.irs.gov/Form8995 for instructions and the latest information. Sequence No. 55 Your taxpayer identification number Attachment Department of the Treasury Internal Revenue Service Name(s) shown on return 1 (a) Trade, business, or aggregation name (b) Taxpayer identification number (c) Qualified business income or loss) i ii iii iy V 2 4 5 6 Total qualified business income or loss). Combine lines 1i through 1V, column (c) ..... 2 3 Qualified business net (loss) carryforward from the prior year 3 Total qualified business income. Combine lines 2 and 3. If zero or less, enter-O 4 5 Qualified business income component. Multiply line 4 by 20% (0.20) Qualified REIT dividends and publicly traded partnership (PTP) income or (loss) (see instructions) 6 7 Qualified REIT dividends and qualified PTP (loss) carryforward from the prior year... ... 7 8 Total qualified REIT dividends and PTP income. Combine lines 6 and 7. If zero or less, enter -- 8 9 REIT and PTP component. Multiply line 8 by 20% (0.20) 10 Qualified business income deduction before the income limitation. Add lines 5 and 9 11 Taxable income before qualified business income deduction 11 12 Net capital gain (see instructions). 12 13 Subtract line 12 from line 11. If zero or less, enter-O- 13 14 Income limitation. Multiply line 13 by 20% (0.20) 15 Qualified business income deduction. Enter the lesser of line 10 or line 14. Also enter this amount on the applicable line of your return 16 Total qualified business (loss) carryforward. Combine lines 2 and 3. If greater than zero, enter-O-. 17 Total qualified REIT dividends and PTP (loss) carryforward. Combine lines 6 and 7. If greater than zero, enter-O-.. For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No. 37806C 9 10 14 15 16 17 Form 8995 (2019 OMB No. 1545-0172 Fom 4562 Depreciation and Amortization (Including Information on Listed Property) Attach to your tax return. Go to www.irs.gov/Form4562 for instructions and the latest information. Business or activity to which this form relates 2019 Department of the Treasury Internal Revenue Service 99 Name(s) shown on return Attachment Sequence No. 179 Identifying number Parti Election To Expense Certain Property Under Section 179 Note: If you have any listed property, complete Part V before you complete Part I. 1 Maximum amount (see instructions) 2 Total cost of section 179 property placed in service (see instructions) 3 Threshold cost of section 179 property before reduction in limitation (see instructions) 4 Reduction in limitation. Subtract line 3 from line 2. If zero or less, enter-O- 5 Dollar limitation for tax year. Subtract line 4 from line 1. If zero or less, enter -O-. If married filing separately, see instructions... 6 (a) Description of property (b) Cost (business use only! (c) Elected cost 1 2 3 4 5 8 9 10 11 12 14 15 16 service 7 Listed property. Enter the amount from line 29 7 8 Total elected cost of section 179 property. Add amounts in column (c), lines 6 and 7 9 Tentative deduction. Enter the smaller of line 5 or line 8....... 10 Carryover of disallowed deduction from line 13 of your 2018 Form 4562 11 Business income limitation. Enter the smaller of business income (not less than zero) or line 5. See instructions 12 Section 179 expense deduction. Add lines 9 and 10, but don't enter more than line 11.. 13 Carryover of disallowed deduction to 2020. Add lines 9 and 10, less line 12 13 Note: Don't use Part II or Part III below for listed property. Instead, use Part V. Part II Special Depreciation Allowance and Other Depreciation (Don't include listed property. See instructions.) 14 Special depreciation allowance for qualified property (other than listed property) placed in service during the tax year. See instructions.... 15 Property subject to section 168(1)(1) election 16 Other depreciation (including ACRS) Part III MACRS Depreciation (Don't include listed property. See instructions.) Section A 17 MACRS deductions for assets placed in service in tax years beginning before 2019 17 18 If you are electing to group any assets placed in service during the tax year into one or more general asset accounts, check here Section B-Assets Placed in Service During 2019 Tax Year Using the General Depreciation System b) Month and year (c) Basis for depreciation (a) Classification of property placed in (business/investment use (d) Recovery le) Convention (1) Method (g) Depreciation deduction only-see instructions) period 19a 3-year property b 5-year property C 7-year property d 10-year property e 15-year property f 20-year property g 25-year property 25 yrs. S/L h Residential rental 275 yrs. MM S/L property 27.5 yrs. MM S/L i Nonresidential real 39 yrs. MM S/L property MM S/L Section C-Assets Placed in Service During 2019 Tax Year Using the Alternative Depreciation System 20a Class life S/L b 12-year S/L c 30-year 30 yrs MM S/L d 40-year 40 yrs. MM S/L Part IV Summary (See instructions.) 21 Listed property. Enter amount from line 28 21 22 Total. Add amounts from line 12, lines 14 through 17, lines 19 and 20 in column (g), and line 21. Enter here and on the appropriate lines of your return. Partnerships and corporations-see instructions 22 23 For assets shown above and placed in service during the current year, enter the portion of the basis attributable to section 263A costs 23 For Paperwork Reduction Act Notice, see separate instructions. Cat. No. 12906N Form 4562 2019) 12 yrs. Recovery 25 Is Form 4562 (2019) Page 2 Part V Listed Property (Include automobiles, certain other vehicles, certain aircraft, and property used for entertainment, recreation, or amusement.) Note: For any vehicle for which you are using the standard mileage rate or deducting lease expense, complete only 24a, 24b, columns (a) through (c) of Section A, all of Section B, and Section C if applicable. Section A-Depreciation and Other Information (Caution: See the instructions for limits for passenger automobiles.) 24a Do you have evidence to support the business/investment use claimed? ? Yes No No 24b If "Yes," is the evidence written? Yes No (a) (b) (c) (e) (d) (0) (g) (h) Type of property list Date placed investment use Cost or other basis businessinvestment Basis for depreciation 00 Method Depreciation Elected section 179 vehicles first) in service period percentage Convention cost deduction use only 25 Special depreciation allowance for qualified listed property placed in service during the tax year and used more than 50% in a qualified business use. See instructions 26 Property used more than 50% in a qualified business use: % % % 27 Property used 50% or less in a qualified business use: % S/L- 2 % S/L- % S/L- 28 Add amounts in column (h), lines 25 through 27. Enter here and on line 21, page 1 28 29 Add amounts in column (0), line 26. Enter here and on line 7, page 1 29 Section B-Information on Use of Vehicles Complete this section for vehicles used by a sole proprietor, partner, or other more than 5% owner," or related person. If you provided vehicles to your employees, first answer the questions in Section to see if you meet an exception to completing this section for those vehicles. (a) (d) (e) 30 Total business/investment miles driven during Vehicle 1 Vehicle 3 Vehicle 4 Vehicle 5 Vehicle 6 the year (don't include commuting miles) 31 Total commuting miles driven during the year 32 Total other personal (noncommuting) miles driven 33 Total miles driven during the year. Add lines 30 through 32 34 Was the vehicle available for personal Yes No Yes No Yes No Yes No Yes No Yes No use during off-duty hours? 35 Was the vehicle used primarily by a more than 5% owner or related person? Section C-Questions for Employers Who Provide Vehicles for use by Their Employees Answer these questions to determine if you meet an exception to completing Section B for vehicles used by employees who aren't more than 5% owners or related persons. See instructions. 37 Do you maintain a written policy statement that prohibits all personal use of vehicles, including commuting, by Yes No your employees? ..:.:.:.:.:.:.:.:.:.:.:.: 38 Do you maintain a written policy statement that prohibits personal use of vehicles, except commuting, by your D employees? See the instructions for vehicles used by corporate officers, directors, or 1% or more owners 39 Do you treat all use of vehicles by employees as personal use? 40 Do you provide more than five vehicles to your employees, obtain information from your employees about the use of the vehicles, and retain the information received? 41 Do you meet the requirements concerning qualified automobile demonstration use? See instructions. . Note: If your answer to 37, 38, 39, 40, or 41 is "Yes," don't complete Section B for the covered vehicles. Part VI Amortization (a) (b) (c) (d) (1) Date amortization Description of costs Amortizable amount Code section begins period or Amortization for this year percentage 42 Amortization of costs that begins during your 2019 tax year (see instructions): (b) Vehicle 2 E. (e) Amortization 43 Amortization of costs that began before your 2019 tax year 44 Total. Add amounts in column (f). See the instructions for where to report 43 44 Form 4562 (2019) OMB No. 1545-0074 8863 Form Education Credits (American Opportunity and Lifetime Learning Credits) Attach to Form 1040 or 1040-SR. Go to www.irs.gov/Form8863 for instructions and the latest information. 2019 Department of the Treasury Internal Revenue Service (99) Name(s) shown on return Attachment Sequence No. 50 Your social security number A Complete a separate Part III on page 2 for each student for whom you're claiming either credit before you complete Parts I and II. CAUTION 1 3 4 6 } 6 7 7 8 8 Part 1 Refundable American Opportunity Credit 1 After completing Part III for each student, enter the total of all amounts from all Parts III, line 30 2 Enter: $180,000 if married filing jointly: $90,000 if single, head of household, or qualifying widow(er) 2 Enter the amount from Form 1040 or 1040-SR, line 8b. If you're filing Form 2555 or 4563, or you're excluding income from Puerto Rico, see Pub. 970 for the amount to enter 3 Subtract line 3 from line 2. If zero or less, stop: you can't take any education credit 4 5 Enter: $20,000 if married filing jointly: $10,000 if single, head of household, or qualifying widower) 5 If line 4 is: Equal to or more than line 5, enter 1.000 on line 6 Less than line 5, divide line 4 by line 5. Enter the result as a decimal (rounded to at least three places) Multiply line 1 by line 6. Caution: If you were under age 24 at the end of the year and meet the conditions described in the instructions, you can't take the refundable American opportunity credit; skip line 8, enter the amount from line 7 on line 9, and check this box . Refundable American opportunity credit. Multiply line 7 by 40% (0.40). Enter the amount here and on Form 1040 or 1040-SR, line 18c. Then go to line 9 below Part II Nonrefundable Education Credits Subtract line 8 from line 7. Enter here and on line 2 of the Credit Limit Worksheet (see instructions) 10 After completing Part III for each student, enter the total of all amounts from all Parts III, line 31. If zero, skip lines 11 through 17, enter -- on line 18, and go to line 19 11 Enter the smaller of line 10 or $10,000 12 Multiply line 11 by 20% (0.20). . 13 Enter: $136,000 if married filing jointly; $68,000 if single, head of household, or qualifying widow(er) 13 14 Enter the amount from Form 1040 or 1040-SR, line 8b. If you're filing Form 2555 or 4563, or you're excluding income from Puerto Rico, see Pub. 970 for the amount to enter 14 15 Subtract line 14 from line 13. If zero or less, skip lines 16 and 17, enter -- on line 18, and go to line 19 15 16 Enter: $20,000 if married filing jointly: $10,000 if single, head of household, or qualifying widower) ........ 16 17 If line 15 is: Equal to or more than line 16, enter 1.000 on line 17 and go to line 18 Less than line 16, divide line 15 by line 16. Enter the result as a decimal (rounded to at least three places) :::::::::: 18 Multiply line 12 by line 17. Enter here and on line 1 of the Credit Limit Worksheet (see instructions) 19 Nonrefundable education credits. Enter the amount from line 7 of the Credit Limit Worksheet (see instructions) here and on Schedule 3 (Form 1040 or 1040-SR), line 3........... For Paperwork Reduction Act Notice, see your tax return instructions. 9 9 10 11 12 17 18 19 Cat. No. 25379M Form 8863 (2019) Form 8863 (2019) Name(s) shown on return Page 2 Your social security number Complete Part III for each student for whom you're claiming either the American opportunity credit or lifetime learning credit. Use additional copies of page 2 as needed for CAUTION each student. Part III Student and Educational Institution Information. See instructions. 20 Student name (as shown on page 1 of your tax return) 21 Student social security number (as shown on page 1 of your tax return) 22 Educational institution information (see instructions) a. Name of first educational institution b. Name of second educational institution (if any) (1) Address. Number and street (or P.O. box). City, town or post office, state, and ZIP code. If a foreign address, see instructions. (1) Address. Number and street (or P.O. box). City, town or post office, state, and ZIP code. If a foreign address, see instructions. (2) Did the student receive Form 1098-T Yes No from this institution for 2019? (3) Did the student receive Form 1098-T from this institution for 2018 with box Yes No 7 checked? (4) Enter the institution's employer identification number (EIN) if you're claiming the American opportunity credit or if you checked "Yes" in (2) or (3). You can get the EIN from Form 1098-T or from the institution. (2) Did the student receive Form 1098-T Yes No from this institution for 2019? (3) Did the student receive Form 1098-T from this institution for 2018 with box Yes O No 7 checked? (4) Enter the institution's employer identification number (EIN) if you're claiming the American opportunity credit or if you checked "Yes" in (2) or (3). You can get the EIN from Form 1098-T or from the institution. 23 24 Has the Hope Scholarship Credit or American opportunity credit been claimed for this student for any 4 tax years Go to line 31 for this student.No - Go to line 24. Yes - ! before 2019? Was the student enrolled at least half-time for at least one academic period that began or is treated as having begun in 2019 at an eligible educational institution in a program Yes - Go to line 25 leading towards a postsecondary degree, certificate, or No - Stop! Go to line 31 for this student. other recognized postsecondary educational credential? See instructions. Did the student complete the first 4 years of postsecondary Yes - Stop! education before 2019? See instructions. Go to line 31 for this No - Go to line 26. student. Was the student convicted, before the end of 2019, of a Yes - Stop! felony for possession or distribution of a controlled Go to line 31 for this No - Complete lines 27 through 30 for this student. substance? student. 25 26 You can't take the American opportunity credit and the lifetime learning credit for the same student in the same year. If you complete lines 27 through 30 for this student, don't complete line 31. CAUTION American Opportunity Credit 27 Adjusted qualified education expenses (see instructions). Don't enter more than $4,000 27 28 Subtract $2,000 from line 27. If zero or less, enter-O- 28 29 Multiply line 28 by 25% (0.25) 29 30 If line 28 is zero, enter the amount from line 27. Otherwise, add $2,000 to the amount on line 29 and enter the result. Skip line 31. Include the total of all amounts from all Parts III, line 30, on Part I, line 1 30 Lifetime Learning Credit 31 Adjusted qualified education expenses (see instructions). Include the total of all amounts from all Parts III, line 31, on Part II line 10 31 Form 8863 (2019) Fom 8949 Department of the Treasury Internal Revenue Service Name(s) shown on return OMB No. 1545-0074 Sales and Other Dispositions of Capital Assets Go to www.irs.gov/Form8949 for instructions and the latest information. 2019 File with your Schedule D to list your transactions for lines 1b, 2, 3, 8b, 9, and 10 of Schedule D. Attachment Sequence No. 12A Social security number or taxpayer identification number Before you check Box A, B, or C below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check. Part 1 Short-Term. Transactions involving capital assets you held 1 year or less are generally short-term (see instructions). For long-term transactions, see page 2. Note: You may aggregate all short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 1a; you aren't required to report these transactions on Form 8949 (see instructions). You must check Box A, B, or C below. Check only one box. If more than one box applies for your short-term transactions, complete a separate Form 8949, page 1, for each applicable box. If you have more short-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need. (A) Short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see Note above) (B) Short-term transactions reported on Form(s) 1099-B showing basis wasn't reported to the IRS (C) Short-term transactions not reported to you on Form 1099-B Adjustment, if any, to gain or loss. 1 (e) If you enter an amount in column) (h) (d) (a) (b) (c) Cost or other basis. enter a code in column(). Gain or loss). Description of property Date sold or Proceeds Date acquired See the Note below See the separate instructions. Subtract column (e) (Example: 100 sh.XYZ Co.) disposed of (sales price) and see Column (e) from column (d) and (Mo., day, y.) (Mo., day, yr.) (see instructions) in the separate (g) combine the result instructions Code(s) from Amount of with column (g) instructions adjustment 2 Totals. Add the amounts in columns (d), (e), (g), and (h) (subtract negative amounts). Enter each total here and include on your Schedule D, line 1b (if Box A above is checked), line 2 0f Box B above is checked), or line 3 (if Box C above is checked) Note: If you checked Box A above but the basis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column (g) to correct the basis. See Column (g) in the separate instructions for how to figure the amount of the adjustment. For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 37768Z Form 8949 (2019) Form 8949 (2019) Name(s) shown on return. Name and SSN or taxpayer identification no. not required if shown on other side Attachment Sequence No. 12A Page 2 Social security number or taxpayer identification number Before you check Box D, E, or F below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check. Part II Long-Term. Transactions involving capital assets you held more than 1 year are generally long-term (see instructions). For short-term transactions, see page 1. Note: You may aggregate all long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 8a; you aren't required to report these transactions on Form 8949 (see instructions). 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 each applicable box. If you have more long-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need. (D) Long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS (see Note above) (E) Long-term transactions reported on Form(s) 1099-B showing basis wasn't reported to the IRS (F) Long-term transactions not reported to you on Form 1099-B Adjustment, if any, to gain or loss. (e) If you enter an amount in column (g) th (c) Cost or other basis. enter a code in column (1) Gain or loss). (b) Description of property Date acquired Date sold or Proceeds See the Note below See the separate instructions. Subtract column (e) sales price) (Example: 100 sh.XYZ Co.) disposed of and see Column (e) Mo, day, y) Mo., day.yr.) see instructions) from column (d) and in the separate (1) combine the result Codes) from Amount of with column (9) instructions adjustment 1 id) (a) (g) instructions 2 Totals. Add the amounts in columns (d), (e), (g), and (h) (subtract negative amounts). Enter each total here and include on your Schedule D, line 8b (if Box D above is checked), line 9 (if Box E above is checked), or line 10 (f Box F above is checked) Note: If you checked Box D above but the basis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column (g) to correct the basis. See Column (g) in the separate instructions for how to figure the amount of the adjustment. Form 8949 (2019) Fom 8995 Qualified Business Income Deduction OMB No. 1545-0123 Simplified Computation 2019 Attach to your tax return. Go to www.irs.gov/Form8995 for instructions and the latest information. Sequence No. 55 Your taxpayer identification number Attachment Department of the Treasury Internal Revenue Service Name(s) shown on return 1 (a) Trade, business, or aggregation name (b) Taxpayer identification number (c) Qualified business income or loss) i ii iii iy V 2 4 5 6 Total qualified business income or loss). Combine lines 1i through 1V, column (c) ..... 2 3 Qualified business net (loss) carryforward from the prior year 3 Total qualified business income. Combine lines 2 and 3. If zero or less, enter-O 4 5 Qualified business income component. Multiply line 4 by 20% (0.20) Qualified REIT dividends and publicly traded partnership (PTP) income or (loss) (see instructions) 6 7 Qualified REIT dividends and qualified PTP (loss) carryforward from the prior year... ... 7 8 Total qualified REIT dividends and PTP income. Combine lines 6 and 7. If zero or less, enter -- 8 9 REIT and PTP component. Multiply line 8 by 20% (0.20) 10 Qualified business income deduction before the income limitation. Add lines 5 and 9 11 Taxable income before qualified business income deduction 11 12 Net capital gain (see instructions). 12 13 Subtract line 12 from line 11. If zero or less, enter-O- 13 14 Income limitation. Multiply line 13 by 20% (0.20) 15 Qualified business income deduction. Enter the lesser of line 10 or line 14. Also enter this amount on the applicable line of your return 16 Total qualified business (loss) carryforward. Combine lines 2 and 3. If greater than zero, enter-O-. 17 Total qualified REIT dividends and PTP (loss) carryforward. Combine lines 6 and 7. If greater than zero, enter-O-.. For Privacy Act and Paperwork Reduction Act Notice, see instructions. Cat. No. 37806C 9 10 14 15 16 17 Form 8995 (2019