Use the following information to complete Jonathan Martin's 2019 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps. You might need the following forms and schedules in addition to form 1040 to complete the assignment: Schedule 1 (other income and deductions), Schedule 2 (other taxes such as SE Tax), possibly Schedule A (for itemized deductions), Schedule B (interest and dividend income), Schedule C (for business income and deductions), Schedule SE (if there is net self-employment income) and Form 8995 (if you have Qualified Income Business Deduction). The instructions for the forms are very helpful and can be downloaded from the IRS website.

Jonathan Martin was married, however, his wife Jackie passed away in 2017. They have two children (twins), Jill and Johnny. Jonathan worked as the General Manager at Hilton Hotel in Las Cruces, NM earning a salary of $89,800. He also did some accounting/bookkeeping work on the side and reported revenues of $14,800. Jonathan received $1,800 in qualified dividends from Chase Investments and $3,200 ordinary dividends from Zion Records. He also received $1,880 interest income from LC Credit Union. He also received a $552 refund of his New Mexico 2018 state income taxes. Jonathan itemized his deductions in the prior year and his itemized deductions were over the standard deduction amount last year by $800. Jonathan won $3,250 in gambling pools at work for college basketball. Lastly, he received $10,000 from his wife's life insurance policy that paid out in 2019. ? DO NOT perform any state income tax returns ? The Martin's live at 2301 Tears Trail Circle Santa Teresa, NM 88008 ? Jonathan's birthday is 11/23/1982 and his Social Security number is 575-22-5546 ? Jill's birthday is 10/30/2009 and her Social Security number is 577-53-9888 ? Johnny's birthday is 10/30/2009 and his Social Security number is 577-54-1572 ? The Martin's do not have any foreign bank accounts or trusts ? Jonathan did file forms 1099 (contract labor) for his consulting services as required and he uses the cash method of accounting for his business ? The Martin's had health insurance coverage all year provided by Hilton Hotel ? The Martin's want you to determine the best filing status for their family ? Determine if the Martin's get the child tax credit ? The qualified business income deduction available to the Martin's is $608