Please help, I edited question for legible! it too long question, so I divided post . total questions: a-r

Please help to complete the Wilson's Federal income tax return for 2019-1040, schedule B, schedule C, schedule D, schedule 1, schedule E, schedule A, schedule 2,

schedule 3, short self-employment tax, form 8863, form 4562, 8283,8582,8863,8449 and 8995

Comprehensive tax return problem 2-last post

2. Richard M and Anna K, Wilson

a. Richard and Anna Wilson are married and file a joint return, Richard is 47 years of age, and Anna is 46. Richard is employed by Telstar Corporation as its controller, and Anna is self-employed as a travel agent. They have three children: Michael, age 22; Lisa age 17, and Laura age 14. Michael is full-time student at Rutgers University. Lisa and Laura both live at home and attend school full time. The Wilson currently live at 3721 Chestnut Ridge Road, Montvale, New Jersey 07645, in a home they have owned since July 2008.

Richard and Anna provided over half of the support of Annas mother, Ruth Knapp, who currently lives in a nursing home in Mahwah, New Jersey. They also provided over half of the support of their son, Michael, who earned $4,750 during the summer as an accounting student intern for a national accounting firm.

b. Richard received a Form W-2 from his employer reporting the following information for 2019.

Richard M. Wilson, Social Security NO.294-38-6249

Gross wages and taxable benefits $63,000

Federal income taxes withheld 11,400

F.I.C.A. taxes withheld:

Social security 3,906

Medicare 914

State income taxes withheld 1,850

The taxable benefits reported on his W-2 include $2,700 (based on the currently deductible standard auto mileage rate) for Richards personal use of the company car provided by his employer.

k. Anna made an $11,500 deductible contribution to her Keogh plan on December 15, 2019.

l. Richard paid the following unreimbursed employee business expenses:

professional dues $450

professional journals 385

office gifts to subordinates (none over $25) 115

m. During the year, the Wilsons paid tuition of $9,350 and spent $1,875 on books and supplies for Michaels senior year of college.

n. The Wilsons received a state income tax refund of $130 in 2019. They had $18,750 of itemized deductions for 2018 and their 2018 taxable income was $52,825.

o. Richard and Anna made timely estimated Federal income tax payments of $2,250 each quarter on 4/15/19, 6/15/19, 9/15/19, and 1/15/20

p. Social Security numbers for Anna, the children, and Annas mother are provided below:

Anna K. Wilson 296-48-2385

Michael D. Wilson 256-83-4421

Lisa M. Wilson 257-64-7573

Laura D. Wilson 258-34-2894

Ruth Knapp 451-38-3790

q. The Wilson have always checked the no boxes on their Form 1040 regarding the Presidential Election Campaign fund contribution.

r. Mr. and Mrs. Wilson , along with the children and Mrs. Knapp, were covered by health insurance for the entire year.

Required:

Complete the Wilsons Federal income tax return for 2019. If they have a refund due, they would prefer having it credited against their 2020 taxes.