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we are using the 2019 form 1040 Jeremy earned $100,000 in salary and $6,000 in interest income during the year. Jeremy's employer withheld $11,000 of

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we are using the 2019 form 1040
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image text in transcribed
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Jeremy earned $100,000 in salary and $6,000 in interest income during the year. Jeremy's employer withheld $11,000 of federal income taxes from Jeremy's paychecks during the year. Jeremy has one qualifying dependent child who lives with him. Jeremey qualifies to file as head of household and has $23,000 in itemized deductions. You may use the book chapter 4, PowerPoints, or the IRS instructions to form 1040 (attached). a. (1) Determine Jeremy's tax refund or taxes due. You must show work. b. (0.5) Copy and paste the applicable table showing the standard deduction. You may use the book chapter 4, PowerPoints, or the IRS instructions to form 1040. c. (0.5) Copy and paste the applicable table showing tax rates used. d. (2) Prepare Jeremy's tax return including form 1040 and Schedule A based on the limited information provided. For itemized deductions, fill in only the last line of Schedule A. $1040 U.S. Individual Income Tax Retum 2019 OMIS No. 1545-0074 Filing Status Single Married in jointly Married ingeply Head of housed OH Quality widow Check only If you checked the MFS box, enter the name of spouse, you checked the HOH or GW bekentee child's and the qualifying persona one bo a child but not your dependent Your first name and middle Last name Your social security number If joint ratum, spouse's first name and midden Last name Spouse's social security number Home address number and street). If you have a P.O.Box, Instructions Apt. Presidential Election Campaign Check you or your fing City, town or post office state and ZIP code. If you have a foreign address, so complete spaces below instruction only to the und Check bbw will you You Boue Foreign country name Foreign province/courty Forpostcode more than four dependents winston and here Standard Someone con la You as a dependent Your spouse as a dependent Deduction Spure temes on a separate retum or you were a dualsh Age/Blindness You Were bom before January 2, 1055 Aro hind Spouse Was born before Juny 2.1966 Is blind Dependents (see instructions to you 19 how La Odd Crowded 2b 3b Sb 1 Wom, salaries, etc. Ach For W2 2a Tax-exempt interest b Taxation Altach sich. Bruired Se Qualified dividends Sa b Ordinary dividends. Altach Soh Bifrequired Deduction for da A distribution 40 b Taxable amount Single Married 6 Tengsly. 46 Pensions and arvuti d Taxable on $12.200 Sa Social security benefits Se Taxable amount Married 6 Capital gain or Altach Schedule Dried not required, check here 78 Other income from Schedule 1, line 124.430 ad Add lines 1, 2, 3, 4, 4, 5, 6, and 7a. This is your total income household Adjustments to income from Schedule 1, 22 $5.35 . ll you checked Subtract line from line 76. This is your adjusted gross income wybox under 9 Standard Standard deduction or itemized deductions from schedule Bed 10 Qualified business income deduction Arch Form 95 or Form 800-A 10 Add lines and 10 b Taxable income Subtract line 11a from line 0 For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions G. 1139 11b For 1040 Form 1040 (2019) Page 2 12a Tax (see Inst.) Check Fany from For: 1 6814 2 H 4972 3 11 b Add Schedule 2, Ine 3, and line 12a and enter the total 12b 13a Child tax credit or credit for other dependents 13 b Add Schedule 3, line 7 and line 13a and enter the total 13 14 Subtract line 13b from line 12b. zero or less entero 14 15 Other taxes, including self-employment tax, from Schedule 2. line 10 15 16 Add lines 14 and 15. This is your total tax. 16 17 Federal income tax withheld from Forms W-2 and 1099 17 18 - you have a Other payments and refundable credits quallying child Eamed income credit (El). 18 attach Schic b Additional child tax credit. Attach Schedule 5812 185 RO Copy.se American opportunity credit from Form 8863, line 8 180 Instructions d Schedule 3, line 14 180 e Add lines 10a through 11d. These are your total other payments and refundable credits 18 19 Add lines 17 and 18e. These are your total payments 19 20 Refund Win 19 is more than line 16, subtract line 16 from line 19. This is the amount you overald 20 21 Amount of line 20 you want refunded to you. Form is attached, check here Direct depot b Routing number Type Checking Savings See on Account number Amount of line 20 you want applied to your 2020 estimated tax Amount Amount you owe. Subtract line 10 from ine 16. For details on how to pay, se instructions 23 You Owe 24 Estimated tax penalyse Instructions Third Party Do you want to slow another person other than your paid preparer) to discuss this retum with the RSS instruction Yes. Complete below. Designee No Other than Designee's Phone Personal Identification paid prepared umber PIN Sign Under penales of perjury, I declare that I have examined this tum and accompanying schedules and statements, and to the best of my knowledge and they were correct, and complete. Declaration of power the han tapeyer is based on all information of which proper has wry knowledge Here Your signature Date Your occupation of the sent you an identity Protection PIN, enter there Joint retur? seinet) See instructions Spouse's signature. If a joint return, both must sign. Date Spouse's occupation If the IRS sent your spouse an Keep a copy for Identity Protection PIN enter there your records int) Phone no Email address Preperer's name Preparer's signature Date PTIN Check it Paid and Party Design Preparer Firm's name Phone no Self-employed Use Only Firm's address Firm's FIN Go to www.irs gowlForm 10-40 for instructions and the latest information Form 1040 01 SCHEDULE A Itemized Deductions Oun No 1545-0074 Form 1040 or 1040-SRI Rev. Jary 2009 Go to www.irs.gov/Schedule for instructions and the latest Information Attach to Form 1040 or 1040-SR. 2019 Department of the way Arach Revenue Service Caution you are claiming a net qualified citrons on Form 684, to the instructions for line 16 Sounce No. 07 Name shown on Form 1040 or 1000-SR Your social security number 1 Medical and Dental Expenses Taxes You Paid Caution: Do not include expenses reimbursed or paid by others. 1 Medical and dental expenses (see instructions) 2 Enter amount from Form 1040 or 1040-SR, line 86 2 3 Multiply line 2 by 7.5% (0.075) 4 Subtract line from line 1. line 3 is more than line 1. enter-0- 5 State and local taxes a State and local income taxes or general sales taxes. You may include eithe income taxes or general sales taxes on line Sa, but not both. If you elect to include general sales taxes instead of income taxes, check this box b State and local real estate taxes (see Instructions) State and local personal property taxes d Add lines Sa through 50 e Enter the smaller of line 5d or $10,000 ($5,000 if married filling separately 6 Other taxes. List type and amount Sa sh 50 3d Interest You Paid Con Your more may be 7 Add lines bo and 6 8 Home mortgage interest and points. If you didn't use all of your home mortgage loans) to buy, build, or improve your home, so instructions and check this box a Home mortgage Interest and points reported to you on Form 1000 Soe instructions if limited b Home mortgage interest not reported to you on Form 1098. See instructions ilimited. If paid to the person from whom you bought the home, so instructions and show that person's name, Identifying no. and address Ha 10 BD c Points not reported to you on Form 1098. See instructions for special rules d Mortgage Insurance premiums (see instructions) Bd Add lines Ba through ed Be 9 Investment interest. Attach Form 4952 if required. See instructions 9 10 Add lines Be and 9 Gifts to 11 Gifts by cash or check. If you made any gift of $250 or more, see Charity Instructions 11 Calon you 12 Other than by cash or check. If you made any gift of $250 or more, made a grand 12 got a bottorit see instructions. You must attach Form 8283 if over $500. 13 Carryover from prior year 14 Add lines 11 through 13 Casualty and 15 Casualty and theft loss(es) from a federaly declared disaster (other than not qualified Theitlossa disaster losses. Attach Form 4634 and enter the amount from line 18 of that form. See 13 14

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