Complete form 1040, schedule 1, schedule d, form 8949, schedule e, form 8582, qualified dividends and capital gain tax worksheet

700-01-0002. Neither are age 65 or older. The Blacks provide cial Security number is 222-43-7690 and Walt's is port for Skylar's mother, Rebecca Backin (Social Security number 411-66- 2121), who lives in a nursing home in Reno, NV and has no income. Walter's father, Alton Black (Social Security number 343-22-8899), lives with the Blacks in Las Vegas. Although Alton received Social Security benefits of $7,600 in 2019, the Blacks provide over half of Alton's support, Skylar and Wait claim a $500 other d dent credit each for Rebecca and Alton. Walt's earnings from teaching are Included on the W-2 (see separate tab). The Blacks moved from Maine to Nevada. As a result, they sold their house in Maine on January 4, 2019. They originally paid $76,000 for the home on July 3, 1994, but managed to sell it for $604,000. They spent $13,000 on improvements over the years. They are currently renting in Las Vegas while hey look for a new home. The Blacks received a 1099-DIV from their mutual fund investments (see separate tab). The Blacks own a ski condo located at 123 Buncombe Lane, Brian Head, UT 84719. The condo was rented for 185 days during 2019 and used by the Blacks for 15 days. The rental activity does not rise to the level to qualify for the QBI deduction, Pertinent information about the condo rental is as follows: Rental Income $12,100 Mortgage interest reported on Form 1098 8,600 Homeowners' association dues 5,200 Utilities 1,200 Maintenance 3,800 Depreciation (assume fully depreciated) The above amounts do not reflect any allocation between and personal use of the c lacks are active managers of the condo. Complete Form 1040 and the schedules and forms provided for the Blacks. . Assume the taxpayers had health coverage for the entire year. Neither taxpayers wants to contribute to the presidential election campaign. . If an amount box does not require an entry or the answer is zero, enter "o". . Do not round any percentages. . If required, round your an . If required, enter a "loss" as a negative number on the tax form. Do not enter deductions as negative numbers. Special Instructions for Form 8582: If required, use the minus sign to enter a "loss" as a negative number on the lines id, 4 and sers in Part II as positive amounts. 19-DIV Walter's earnings from teaching are: Employee's social security number Safe, accurate, visit the IRS website at 700-01-0002 OMB No. 1545-0008 FASTI Use is e ~ file www.irs.gov/ehle Employer identification number (EIN) Wages, tips, other compensation Federal income tax withheld 31-1239867 51,200,00 4,310.00 Employer's name, address, and ZIP code 3 Social security wages Social security tax withheld Las Vegas School District 51,200.00 3,174.40 2234 Vegas Valley Drive Las Vegas, NV 89169 5 Medicare wages and tips Medicare tax withheld 51,200.00 742.40 7 Social security tips 8 Allocated tips d Control number 9 10 Dependent care benefits Employee's first name and initial Last name Suff. 11 Nonqualified plans 12a See instructions for box 12 Walter Black 883 Scrub Brush Street, Apt 528 Las Vegas, NV 89125 $7,900.00 13 Statutory Retirement Third-party 12 employee plan sick pay 14 Other 120 PAYER'S name, street address, city or town, state or province, ountry, ZIP or foreign postal code, and telephone no In Total dediary dividends OMB No. 1545-0110 Dividends Cyber Funds Equities Fund $ 1,425.00 2019 and 41 Wall Street 1b Qualified divide New York, NY 10005 $ 1,092.00 Distributions Form 1099-DIV Unrecap. Sec. 1250 PAYER'S TIN RECIMENT'S TIN 17-1234326 222-43-7690 RECIPIENT'S name Federal Skylar B. Mack Copy B For Recipient Street address (including apt. no.) This is important tax Foreign country or U.5. | information and is being 883 Scrub Brush Street #528 furnished to the IRS. If ou are required to file a City or town, state or province, country, and ZIP or foreign p return, a negligence 10 Noncash liquidation penalty or other sanction may be mpased on you if this income is taxable and Las Vegas, NV 89125 the ERS determines that has not beer reported FATCA filing 11 Exempt 12 Specified private ctivity band 15 State tax willheld Account number (see instructions) PIC . COLLAG