Taxpayer names: Donald Sugardaddy (70) and Malania Golddigger (40), married on 12/30/19

• Address: 1600 Pennsylvania Ave, Sacramento, CA 94230
• Social Security Numbers: 666-66-6666 (T); 777-77-7777 (S)
• Kellyanne Sugardaddy, their daughter (21), is a full-time student living at home and not working; SS#: 888-88-8888
• Filing status: MFJ
• Taxpayers to claim standard deduction in 2019 (claimed in 2018, as well)
• Donald received a W-2 from the United States of America, Inc., which included the following information:
  • Wages - $100,000
  • Federal Income Tax W/H - $20,000
  • State Income Tax W/H - $5,000
  • Social Security Tax W/H - $6,200
  • Medicare Tax W/H - $1,450
• Interest received:
  • Bank of Ukraine - $100
  • US T Note - $100
  • San Diego, CA Municipal Bond - $100
  • Chicago, IL Municipal Bond - $100
• Dividends:
  • Total (including qualified) - $900
  • Qualified - $400
• Other information:
  • State tax refund received - $500
  • Alimony paid by Donald to Ivanka Poorhouse, per 1998 divorce agreement (SS#: 000-00-0000) - $10,000
  • Child support paid - $10,000
  • Prize winner of 2 Lou Malnati’s pizzas each week for the entire year – valued at $3,000
  • Life insurance proceeds received - $100,000
  • Scholarship received from Trump University, used for tuition - $10,000
  • Gifts received from Vladimir Putin during the year - $16,000 for Donald; $15,000 for Malania
  • Qualified HSA contribution made during the year (family plan) - $6,000
  • Ignore any tax credits the taxpayers may be entitled to take

Instructions:

Based upon the information presented above, prepare the 2019 Form 1040 (including Schedules 1-3, when appropriate) for Donald Sugardaddy and Malania Golddigger.

Answer rating: 100% (QA)

Here is the completed 2019 Form 1040 for Donald Sugardaddy and Malania Golddigger css Copy code Form 1040 US Individual Income Tax Return 1 Income Wag... View the full answer