Im having a really hard time with schedule 8812,form 8582,schedule d WORKSHEET.

Justin Stone was an employee of DataCare Services, Inc. His salary was $45,000 through November 10 , 2021 , when he was laid off. DataCare Services provided medical insurance for Justin and his family during his employment and agreed to continue this coverage through the end of 2021 . He received $7,000 of unemployment compensation from November 11,2021 , through December 31 , 2021. FICA withholdings were as follows: Social Security of $2,790($45,0006.2% ) and Medicare of $653 ( $45,0001.45% ). Justin lives at 112 Green Road, Crown City, OH 45623. His Social Security number is 111-11-1118. Justin owned an apartment building until November 22, 2021, when he sold it for $200,000 (the apartment building's address is 4826 Orange Street, Crown City, OH45623; the related land was sold for $10,000 ). For 2021, he had rent revenue of $33,000. He incurred and paid expenses as follows: $4,568 of repairs, $12,000 of mortgage interest, $10,000 of real estate taxes, and $1,000 of miscellaneous expenses. He purchased the building (not the land) on January 2,2015 , for $125,000 (the related land was purchased for $10,000 ). The building generated an operating profit each year that Justin owned it. Justin received $13,000 in cash as a gift from his mother to help "tide him over" while he was unemployed. He also withdrew $10,000 from his checking account. He "invested" $300 in lottery tickets during the year but had no winnings. Other relevant tax information for Justin follows: - On November 22, 2021, Justin sold for $3,500 equipment that had been used for repairing various items in the apartments. The equipment was purchased for $25,000 on July 10,2014 , and was fully depreciated prior to 2021. - Justin has $3,000 of unrecaptured $1231 losses from prior years. - Justin is age 38 ; is single; is divorced; and has custody of his 9 -year-old son, Flint. Justin provides more than 50% of Flint's support. Flint's Social Security number is 123456788. - Justin had $1,000 interest income from Blue Corporation bonds. - Justin had $1,500 interest income from a State Bank certificate of deposit. - Justin had a $2,0000%/15%/20% long-term capital gain distribution from the Brown Stock Investment Fund. equipment was purchased for $25,000 on July 10,2014 , and was fully depreciated prior to 2021. - Justin has $3,000 of unrecaptured $1231 losses from prior years. - Justin is age 38; is single; is divorced; and has custody of his 9 -year-old son, Flint. Justin provides more than 50% of Flint's support. Flint's Social Security number is 123-45-6788. - Justin had $1,000 interest income from Blue Corporation bonds. - Justin had $1,500 interest income from a State Bank certificate of deposit. - Justin had a $2,0000%/15%/20% long-term capital gain distribution from the Brown Stock Investment Fund. - Justin had the following itemized deductions: $4,600 real estate taxes on his home; $8,900 mortgage interest on his home; $4,760 charitable contributions (all in cash, all properly documented, and no single contribution exceeding $25 ); $4,300 state income tax withholding during 2021;$2,000 state estimated income tax payments during 2021 ; and $2,600 sales taxes paid. - Justin did not engage in any virtual currency transactions during the year, and he does not want to donate to the Presidential Election Campaign Fund. Justin received the appropriate recovery rebates (economic impact payments); related questions in ProConnect Tax should be ignored. - He had $10,000 of Federal income tax withholding during 2021 and made total Federal estimated income tax payments of $12,000 during 2021. Required: Compute Justin's 2021 net tax payable or refund due. If you use tax forms for your computations, you will need Form 1040 and its Schedules 1, A, B, D, and E and Forms 4797, 8812, and 8582. You are not required to complete the Unrecaptured Section 1250 Gain Worksheet or the Schedule D Tax Worksheet. These two worksheets are provided to assist you in determining the tax liability. Ignore the 199A deduction for qualified business income (if applicable). - Make realistic assumptions about any missing data. - If an amount box does not require an entry or the answer is zero, enter " 0 ". - Enter all amounts as positive numbers, unless otherwise instructed. - It may be necessary to complete the tax schedules before completing Form 1040. - When computing the tax liability, do not round your immediate calculations. If required round your final answers to the nearest dollar. - Use the partial Tax Table provided. BAA For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Form 1040(2021) 16 Tax (see instructions). Oheck if any from Form(s): 1 q 8814249723 17 Amount from Schedule 2 , line 3 . . . 19 Nonrefundable child tax credit or credit for other dependents from Schedule 8812 . . . 22 Subtract line 21 from line 18 . If zero or less, enter 0. 23 Other taxes, induding self-employment tax, from Schedule 2 , line 21. 24 Add lines 22 and 23. This is your total tax . a Form(s) W-2. b Form(s) 1099 d Add lines 25a through 25c 262021 estimated tax payments and amount applied from 2020 return .. 27 a Earned income credit (EIC) 27a Check here if you were born after January 1, 1998, and before January 2,2004 , and you satisfy all the other requirements for taxpayers who are at least age 18, to daim the ElC. See Schudule 8Q12 Complete Justin's Schedule 8812. Part I-A Child Tax Credit and Credit for Other Dependents Caution: Do not include yoursel, your spouse, or arryone who is not a U.S. citizen, u.S. national, or u.S. resident alien. Also, do not include arryone you included on line 4a. 7 Multiply line 6 by $500. 8 Add lines 5 and 7. 9 Enter the amount shown below for your filing status. - Married filing jointly 5400,000 - All other filing statuses $200,000 10 Subtract line 9 from line 3. - Ir zero or less, enter -0-. - Ir more than zero and not a multiple of $1,000, enter the next multiple of $1,000. For example, if the result is $425, enter $1,000; if the result is $1,025, enter $2,000, etc. 11 Multiply line 10 by 5%(0.05). . . . 12 Subtract line 11 from line 8 . If zero or less, enter 0........ 13 Oheck all the boxes that apply to you (or your spouse if married filing jointly). A Oheck here if you (or your spouse if married filing jointly) have a principal place of abode in the United States for more than half of 2021 . \begin{tabular}{|l|r|} \hline 7 & \\ \hline 8 & \\ \hline 9 & \\ \hline & \\ \hline 100,000 \\ \hline 11 & \\ \hline 12 & \\ \hline \end{tabular} \begin{tabular}{|l|l} Part I-B Filers Who Check a Box on Line 13 \end{tabular} Caution: If you did not check a box on line 13, do not complete Part I-B; instead, skip to Part I-C. Ghedk My Work 2 mare Check My Vark uses rerraining. - If more than zero and not a multiple of $1,000, enter the next multiple of $1,000. For example, if the result is $425, enter $1,000; if the result is $1,025, enter $2,000, ete. 13 Oneck all the boxes that apply to you (or your spouse if married filing jointly). A Oheck here if you (or your spouse if married filing jointly) have a principal place of abode in the United B Check here if you (or your spouse if married filing jointly) are a bona fide resident of Puerto Rico for 2021 q Part I-B Filers Who Check a Box on Line 13 Caution: If you did not chedk a box on line 13, do not complete Part I-B; instead, skip to Part I-C. For Paperwork Reduction Act Notice, see your tax return instructions. Schedule 8812 (Form 1040) 2021 Form 8582 Complete page 1 of Justin's Form 8582 for 2021. Assume the amount from Worksheet 1, column (a) is \$1,455. Part I 2021 Passive Activity Loss Caution: Complete Parts IV and V before completing Part I. Rental Real Estate Activities With Active Participation (For the delinition of active participation, see Special Allowance for Rental Real Estate Activities in the instructions.) 1 a Activities with net income (enter the amount from Part IV, column (a)) b Activities with net loss (enter the amount from Part IV, column (b)). c Prior years' unallowed losses (enter the amount from Part IV, column (c)) .... d Combine lines 1a, 1b, and 1c \begin{tabular}{|l|l|l|} \hline 11a & \multicolumn{1}{|c|}{33,000} \\ \hline 1b & ( & \end{tabular} If line 3 is a loss and: - Line 1d is a loss, go to Part II. - Line 2d is a loss (and line 1d is zero or more), skip Parts II and go to line 10. Caution: If your filing status is married filing separately and you fived with your spouse at any time during the year, do mot carmplete Part II or c Prior years' unallowed losses (enter the amount from Part V, column (c)). If line 3 is a loss and: Line 1d is a loss, go to Part II. - Line 2d is a loss (and line 1d is zero or more), skip Parts II and go to line 10. Caution: If your filing status is mamied filing separately and you fived with your spouse at any time during the year, do mot complete Part if or Part III. Instead, go to line 10 . Part II Special Allowance for Rental Real Estate Activities With Active Participation Note: Enter all numbers in Part II as positive amounts. See instructions for an example. Part III Total Losses Allowed 10 Add the income, if any, on lines 1a and 2a and enter the total. 11 Total losses allowed from all passive activities for 2021. Add lines 9, and 10. See instructions to find out how to report the losses on your tax return ................................ 11 Part IV Complete This Part Before Part I, Lines 1a, 1b, and 1c. See instructions. Complete this worksheet only if line 18 or line 19 of Schedule D is more than zero and lines 15 and 16 of Schedule D are gains. Otherwise, complete the Qualified Dividends and Capital Gain Tax Worksheet in the instructions for Form 1040, line 16(or in the instructions for Form 1040NR, line 16) to figure your tax. Before completing this worksheet, complete Form 1040 through line 15 (or Form 1040NR through line 15). Exception: Don't use the Qualified Dividends and Capital Gain Tax Worksheet or this worksheet to figure your tax if: - Line 15 or line 16 or Schedule D is zero or less and you have no qualified dividends on Form 1040, line 3a (or Form 1040NR, line 3a ); or - Form 1040, line 15 (or Form 1040NR, line 15) is zero or less. Instead, see the instructions for Form 1040, line 16 (or Form 1040NR, line 16). 1. Enter your taxable income from Form 1040, 1040-SR, or 1040-NR, Fine 15. (However, if you are filing form 2555 (relating to foreign earned income), enter instead the amount from line 3 of the Foreign Earned Income Tax 2. Enter your qualified dividends from Form 1040,10405R, or 1040-NR, line 3a..... 2 . 3. Enter the amount from Form 4952 (used to figure investment interest expense deduction), line 4g. 3. 4. Enter the amount from Form 4952 , line 4e..4. 5. Subtract line 4 from line 3 . If zero or less, enter 0...5. 6. Subtract line 5 from line 2 . If zero or less, enter 0x. 6. 7. Enter the smaller of line 15 or line 16 of 6. Subtract line 5 from line 2 . If zero or less, enter 0. 6. 7. Enter the smaller of line 15 or line 16 of Schedule D. 7. 8. Enter the smaller of line 3 or line 4. 8. 9. Subtract line 8 from line 7 . If zero or less, enter 0x. . 9. 10. Add lines 6 and 9 10. 11. Add lines 18 and 19 of Schedule D+4.. 15. Enter: - $40,400 if single or married filing separately; - \$80,800 if married filing jointly or quallying widow(er); or - $54,100 if head of household 17. Enter the smaller of line 14 or line 16 17. 18. Subtract line 10 from line 1. If zero or less, enter 0. 18. 19. Enter the smaller of of line 1 or: - $164,925 if single or married filing separately; - $326,850 if married filing jointly or qualifying - $326,850 if jarried filing } widow(er) 19. - \$164,900 if head of household 20. Enter the smaller of line 14 or line 19 20. 21. Enter the larger of line 18 or line 20 . 21. 22. Subtract line 17 from line 16 . This amount is taxed at 0%. 22. If lines 1 and 16 are the same, skip lines 23 through 43 and go to line 44 . Otherwise, go to line 23. 23. Enter the smaller of line 1 or line 13 . 23. 24. Enter the amount from line 22 (if line 22 is blank, enter 0 ) 24. 25. Subtract line 24 from line 23 . If zero or less, enter 025. 26. Enter: - \$445,850 if single; - $250,800 if married filing separately; - $501,600 if married filing jointly or qualifying widow(er); or - $473,750 if head of household 27. Enter the smaller of line 1 or line 26 . 27. 28. Add lines 21 and 22 28. 29. Subtract line 28 from line 27 . If zero or less, enter 029. 30. Enter the smaller of line 25 or line 29 . 30. 14. Figure the tax on the amount on line 21. Ir the amount on line 21 is less than $100,000, use the Tax Table to figure the tax. If the amount on line 21 is $100,000 or more, use the Tax Computation Worksheet . . . . . . . . . . 44. Justin Stone was an employee of DataCare Services, Inc. His salary was $45,000 through November 10 , 2021 , when he was laid off. DataCare Services provided medical insurance for Justin and his family during his employment and agreed to continue this coverage through the end of 2021 . He received $7,000 of unemployment compensation from November 11,2021 , through December 31 , 2021. FICA withholdings were as follows: Social Security of $2,790($45,0006.2% ) and Medicare of $653 ( $45,0001.45% ). Justin lives at 112 Green Road, Crown City, OH 45623. His Social Security number is 111-11-1118. Justin owned an apartment building until November 22, 2021, when he sold it for $200,000 (the apartment building's address is 4826 Orange Street, Crown City, OH45623; the related land was sold for $10,000 ). For 2021, he had rent revenue of $33,000. He incurred and paid expenses as follows: $4,568 of repairs, $12,000 of mortgage interest, $10,000 of real estate taxes, and $1,000 of miscellaneous expenses. He purchased the building (not the land) on January 2,2015 , for $125,000 (the related land was purchased for $10,000 ). The building generated an operating profit each year that Justin owned it. Justin received $13,000 in cash as a gift from his mother to help "tide him over" while he was unemployed. He also withdrew $10,000 from his checking account. He "invested" $300 in lottery tickets during the year but had no winnings. Other relevant tax information for Justin follows: - On November 22, 2021, Justin sold for $3,500 equipment that had been used for repairing various items in the apartments. The equipment was purchased for $25,000 on July 10,2014 , and was fully depreciated prior to 2021. - Justin has $3,000 of unrecaptured $1231 losses from prior years. - Justin is age 38 ; is single; is divorced; and has custody of his 9 -year-old son, Flint. Justin provides more than 50% of Flint's support. Flint's Social Security number is 123456788. - Justin had $1,000 interest income from Blue Corporation bonds. - Justin had $1,500 interest income from a State Bank certificate of deposit. - Justin had a $2,0000%/15%/20% long-term capital gain distribution from the Brown Stock Investment Fund. equipment was purchased for $25,000 on July 10,2014 , and was fully depreciated prior to 2021. - Justin has $3,000 of unrecaptured $1231 losses from prior years. - Justin is age 38; is single; is divorced; and has custody of his 9 -year-old son, Flint. Justin provides more than 50% of Flint's support. Flint's Social Security number is 123-45-6788. - Justin had $1,000 interest income from Blue Corporation bonds. - Justin had $1,500 interest income from a State Bank certificate of deposit. - Justin had a $2,0000%/15%/20% long-term capital gain distribution from the Brown Stock Investment Fund. - Justin had the following itemized deductions: $4,600 real estate taxes on his home; $8,900 mortgage interest on his home; $4,760 charitable contributions (all in cash, all properly documented, and no single contribution exceeding $25 ); $4,300 state income tax withholding during 2021;$2,000 state estimated income tax payments during 2021 ; and $2,600 sales taxes paid. - Justin did not engage in any virtual currency transactions during the year, and he does not want to donate to the Presidential Election Campaign Fund. Justin received the appropriate recovery rebates (economic impact payments); related questions in ProConnect Tax should be ignored. - He had $10,000 of Federal income tax withholding during 2021 and made total Federal estimated income tax payments of $12,000 during 2021. Required: Compute Justin's 2021 net tax payable or refund due. If you use tax forms for your computations, you will need Form 1040 and its Schedules 1, A, B, D, and E and Forms 4797, 8812, and 8582. You are not required to complete the Unrecaptured Section 1250 Gain Worksheet or the Schedule D Tax Worksheet. These two worksheets are provided to assist you in determining the tax liability. Ignore the 199A deduction for qualified business income (if applicable). - Make realistic assumptions about any missing data. - If an amount box does not require an entry or the answer is zero, enter " 0 ". - Enter all amounts as positive numbers, unless otherwise instructed. - It may be necessary to complete the tax schedules before completing Form 1040. - When computing the tax liability, do not round your immediate calculations. If required round your final answers to the nearest dollar. - Use the partial Tax Table provided. BAA For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Form 1040(2021) 16 Tax (see instructions). Oheck if any from Form(s): 1 q 8814249723 17 Amount from Schedule 2 , line 3 . . . 19 Nonrefundable child tax credit or credit for other dependents from Schedule 8812 . . . 22 Subtract line 21 from line 18 . If zero or less, enter 0. 23 Other taxes, induding self-employment tax, from Schedule 2 , line 21. 24 Add lines 22 and 23. This is your total tax . a Form(s) W-2. b Form(s) 1099 d Add lines 25a through 25c 262021 estimated tax payments and amount applied from 2020 return .. 27 a Earned income credit (EIC) 27a Check here if you were born after January 1, 1998, and before January 2,2004 , and you satisfy all the other requirements for taxpayers who are at least age 18, to daim the ElC. See Schudule 8Q12 Complete Justin's Schedule 8812. Part I-A Child Tax Credit and Credit for Other Dependents Caution: Do not include yoursel, your spouse, or arryone who is not a U.S. citizen, u.S. national, or u.S. resident alien. Also, do not include arryone you included on line 4a. 7 Multiply line 6 by $500. 8 Add lines 5 and 7. 9 Enter the amount shown below for your filing status. - Married filing jointly 5400,000 - All other filing statuses $200,000 10 Subtract line 9 from line 3. - Ir zero or less, enter -0-. - Ir more than zero and not a multiple of $1,000, enter the next multiple of $1,000. For example, if the result is $425, enter $1,000; if the result is $1,025, enter $2,000, etc. 11 Multiply line 10 by 5%(0.05). . . . 12 Subtract line 11 from line 8 . If zero or less, enter 0........ 13 Oheck all the boxes that apply to you (or your spouse if married filing jointly). A Oheck here if you (or your spouse if married filing jointly) have a principal place of abode in the United States for more than half of 2021 . \begin{tabular}{|l|r|} \hline 7 & \\ \hline 8 & \\ \hline 9 & \\ \hline & \\ \hline 100,000 \\ \hline 11 & \\ \hline 12 & \\ \hline \end{tabular} \begin{tabular}{|l|l} Part I-B Filers Who Check a Box on Line 13 \end{tabular} Caution: If you did not check a box on line 13, do not complete Part I-B; instead, skip to Part I-C. Ghedk My Work 2 mare Check My Vark uses rerraining. - If more than zero and not a multiple of $1,000, enter the next multiple of $1,000. For example, if the result is $425, enter $1,000; if the result is $1,025, enter $2,000, ete. 13 Oneck all the boxes that apply to you (or your spouse if married filing jointly). A Oheck here if you (or your spouse if married filing jointly) have a principal place of abode in the United B Check here if you (or your spouse if married filing jointly) are a bona fide resident of Puerto Rico for 2021 q Part I-B Filers Who Check a Box on Line 13 Caution: If you did not chedk a box on line 13, do not complete Part I-B; instead, skip to Part I-C. For Paperwork Reduction Act Notice, see your tax return instructions. Schedule 8812 (Form 1040) 2021 Form 8582 Complete page 1 of Justin's Form 8582 for 2021. Assume the amount from Worksheet 1, column (a) is \$1,455. Part I 2021 Passive Activity Loss Caution: Complete Parts IV and V before completing Part I. Rental Real Estate Activities With Active Participation (For the delinition of active participation, see Special Allowance for Rental Real Estate Activities in the instructions.) 1 a Activities with net income (enter the amount from Part IV, column (a)) b Activities with net loss (enter the amount from Part IV, column (b)). c Prior years' unallowed losses (enter the amount from Part IV, column (c)) .... d Combine lines 1a, 1b, and 1c \begin{tabular}{|l|l|l|} \hline 11a & \multicolumn{1}{|c|}{33,000} \\ \hline 1b & ( & \end{tabular} If line 3 is a loss and: - Line 1d is a loss, go to Part II. - Line 2d is a loss (and line 1d is zero or more), skip Parts II and go to line 10. Caution: If your filing status is married filing separately and you fived with your spouse at any time during the year, do mot carmplete Part II or c Prior years' unallowed losses (enter the amount from Part V, column (c)). If line 3 is a loss and: Line 1d is a loss, go to Part II. - Line 2d is a loss (and line 1d is zero or more), skip Parts II and go to line 10. Caution: If your filing status is mamied filing separately and you fived with your spouse at any time during the year, do mot complete Part if or Part III. Instead, go to line 10 . Part II Special Allowance for Rental Real Estate Activities With Active Participation Note: Enter all numbers in Part II as positive amounts. See instructions for an example. Part III Total Losses Allowed 10 Add the income, if any, on lines 1a and 2a and enter the total. 11 Total losses allowed from all passive activities for 2021. Add lines 9, and 10. See instructions to find out how to report the losses on your tax return ................................ 11 Part IV Complete This Part Before Part I, Lines 1a, 1b, and 1c. See instructions. Complete this worksheet only if line 18 or line 19 of Schedule D is more than zero and lines 15 and 16 of Schedule D are gains. Otherwise, complete the Qualified Dividends and Capital Gain Tax Worksheet in the instructions for Form 1040, line 16(or in the instructions for Form 1040NR, line 16) to figure your tax. Before completing this worksheet, complete Form 1040 through line 15 (or Form 1040NR through line 15). Exception: Don't use the Qualified Dividends and Capital Gain Tax Worksheet or this worksheet to figure your tax if: - Line 15 or line 16 or Schedule D is zero or less and you have no qualified dividends on Form 1040, line 3a (or Form 1040NR, line 3a ); or - Form 1040, line 15 (or Form 1040NR, line 15) is zero or less. Instead, see the instructions for Form 1040, line 16 (or Form 1040NR, line 16). 1. Enter your taxable income from Form 1040, 1040-SR, or 1040-NR, Fine 15. (However, if you are filing form 2555 (relating to foreign earned income), enter instead the amount from line 3 of the Foreign Earned Income Tax 2. Enter your qualified dividends from Form 1040,10405R, or 1040-NR, line 3a..... 2 . 3. Enter the amount from Form 4952 (used to figure investment interest expense deduction), line 4g. 3. 4. Enter the amount from Form 4952 , line 4e..4. 5. Subtract line 4 from line 3 . If zero or less, enter 0...5. 6. Subtract line 5 from line 2 . If zero or less, enter 0x. 6. 7. Enter the smaller of line 15 or line 16 of 6. Subtract line 5 from line 2 . If zero or less, enter 0. 6. 7. Enter the smaller of line 15 or line 16 of Schedule D. 7. 8. Enter the smaller of line 3 or line 4. 8. 9. Subtract line 8 from line 7 . If zero or less, enter 0x. . 9. 10. Add lines 6 and 9 10. 11. Add lines 18 and 19 of Schedule D+4.. 15. Enter: - $40,400 if single or married filing separately; - \$80,800 if married filing jointly or quallying widow(er); or - $54,100 if head of household 17. Enter the smaller of line 14 or line 16 17. 18. Subtract line 10 from line 1. If zero or less, enter 0. 18. 19. Enter the smaller of of line 1 or: - $164,925 if single or married filing separately; - $326,850 if married filing jointly or qualifying - $326,850 if jarried filing } widow(er) 19. - \$164,900 if head of household 20. Enter the smaller of line 14 or line 19 20. 21. Enter the larger of line 18 or line 20 . 21. 22. Subtract line 17 from line 16 . This amount is taxed at 0%. 22. If lines 1 and 16 are the same, skip lines 23 through 43 and go to line 44 . Otherwise, go to line 23. 23. Enter the smaller of line 1 or line 13 . 23. 24. Enter the amount from line 22 (if line 22 is blank, enter 0 ) 24. 25. Subtract line 24 from line 23 . If zero or less, enter 025. 26. Enter: - \$445,850 if single; - $250,800 if married filing separately; - $501,600 if married filing jointly or qualifying widow(er); or - $473,750 if head of household 27. Enter the smaller of line 1 or line 26 . 27. 28. Add lines 21 and 22 28. 29. Subtract line 28 from line 27 . If zero or less, enter 029. 30. Enter the smaller of line 25 or line 29 . 30. 14. Figure the tax on the amount on line 21. Ir the amount on line 21 is less than $100,000, use the Tax Table to figure the tax. If the amount on line 21 is $100,000 or more, use the Tax Computation Worksheet . . . . . . . . . . 44