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What is the amount for qualified business deduction I tried $0, $4000.00 and $$3,250 Required information [The following information applies to the questions displayed below.]

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What is the amount for qualified business deduction I tried $0, $4000.00 and $$3,250

Required information [The following information applies to the questions displayed below.] John and Sandy Ferguson got married eight years ago and have a seven-year-old daughter, Samantha. In 2019, John worked as a computer technician at a local university earning a salary of $152,000, and Sandy worked part-time as a receptionist for a law firm earning a salary of $29,000. John also does some Web design work on the side and reported revenues of $4,000 and associated expenses of $750. John's business is not a specified business for the purpose of QBI deduction. The Fergusons received $800 in qualified dividends and a $200 refund of their state income taxes. The Fergusons always itemize their deductions and their itemized deductions were well over the standard deduction amount last year. The Fergusons had qualifying insurance for purposes of the Affordable Care Act (ACA). Use Exhibit 8-9, Tax Rate Schedule, Dividends and Capital Gains Tax Rates for reference. The Fergusons reported making the following payments during the year: State income taxes of $4,400. Federal tax withholding of $21,000. Alimony payments to John's former wife of $10,000 (divorced in 2014). Child support payments for John's child with his former wife of $4,100. $12,200 of real property taxes. . Sandy was reimbursed $600 for employee business expenses she incurred. She was required to provide documentation for her expenses to her employer. $3,600 to Kid Care day care center for Samantha's care while John and Sandy worked. $14,000 interest on their home mortgage ($400,000 acquisition debt). $3,000 interest on a $40,000 home-equity loan. They used the loan to pay for a family vacation and new car. $15,000 cash charitable contributions to qualified charities. Donation of used furniture to Goodwill. The furniture had a fair market value of $400 and cost $2,000. Complete pages 1 and 2, Schedule 1, Schedule 3, and Schedule 4 of Form 1040 and Form 6251 for John and Sandy. John and Sandy Ferguson's address is 19010 N.W. 135th Street, Miami, FL 33054. Social security numbers: John (DOB 11/07/1970): 111-11-1111 Sandy (DOB 6/24/1972): 222-22-2222 Samantha (DOB 9/30/2016): 333-33-3333 Alimony recipient: 555-55-5555 Page 2 of Form 1040. Some information does not carry over from Page 1. Form 1040 (2018) Page 2 181,000 Attach Form(s) W-2. Also attach Form(s) W-2G and 1099-R if tax was withheld. 800 6a Standard deduction for- 185.250 Single or Married filing separately, $12.000 175,206 39,400 4,000 X 131,806 | 10 Married filing jointly or Qualifying widow(er), S24,000 1 Wages, salaries, tips, etc. Attach Form(s) W-2 2a Tax-exempt interest b Taxable interest b Ordinary 3a Qualified dividends dividends 4a IRAs, pensions, and annuities b Taxable amount 5a Social security benefits b Taxable amount 6 Total income. Add lines 1 through 5. Add any amount from Schedule 1. 3,450 line 22 7 Adjusted gross income. If you have no adjustments to income, enter the amount from line 6, otherwise, subtract Schedule 1, line 36, from line 6 8 Standard deduction or itemized deductions (from Schedule A) 9 Qualified business income deduction (see instructions) 10 Taxable income. Subtract lines 8 and 9 from line 7. If zero or less, enter-O- 11 a Tax (see inst.) (check if any from: 1. Form(s) 8814 2. Form 4972 0 3. b Add any amount from Schedule 2 and check here 12 a Child tax credit/credit for other 2,000 dependents b Add any amount from Schedule 3 and check here 13 Subtract line 12 from line 11. If zero or less, enter-O- 14 Other taxes. Attach Schedule 4 15 Total tax. Add lines 13 and 14 16 Federal income tax withheld from Forms W-2 and 1099 17 Refundable a EIC (see inst.) credits: 600 b Sch. 8812 c Form 8863 Add any amount from Schedule 5 18 Add lines 16 and 17. These are your total payments. 19 If line 18 is more than line 15, subtract line 15 from line 18. This is the amount you overpaid 20a Amount of line 19 you want refunded to you. If Form 8888 is attached, check here Routing Type: Checking Savings number Head of household, $18.000 87 87 If you checked any box under Standard deduction, see instructions. 21,000 Refund 21,600 21,513 21,513 20a Direct deposit? See

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