This assignment requires you to complete four tax forms (Form 1040, Schedule 1, Schedule B, and Qualified Dividends and Capital Gain Tax Worksheet, using the provided taxpayer information. The forms provided are for tax year 2023 (please disregard 2021 date on W2, 1099-INT, and 1099-DIV).

Complete Schedule B first, then Schedule 1, then Form 1040 down through Line 15. Next, complete the Qual Div worksheet and use that information to complete the rest of the Form 1040

Alexander Smith and his wife Allison are married and will file a joint tax return for 2022. The Smiths live at 1234 Buena Vista Drive, Orlando, FL 32830. Alexander is a commuter airline pilot but took 6 months off from his job in 2023 to obtain a higher-level pilot's license. The Smiths have an 18-year-old son, Brad, who is enrolled in twelfth grade at the Walt Disney Prep School. The Smiths also have a 19-year-old daughter, Angelina, who is a part-time first-year student at Orange County Community College (OCCC). Angelina is married to Sean Shirker, who is 19 years old and also a part-time student at OCCC. Sean and Angelina have a 1-year-old child, Trask (Social Security number 115-45-7893). All the Shirkers live in an apartment near the Smiths. Angelina and Sean both also work part-time for Sean's wealthy grandfather as apprentices in his business. The Shirker's wages for the year were $50,000 which allowed them to pay all the personal expenses for themselves and Trask.

Name	Social Security number	Date of birth
Alexander Smith	266-15-1966	09/22/1970
Allison Smith	266-34-1967	07/01/1971
Brad Smith	261-55-2121	12/21/2005
Angelina Shirker	261-45-1212	03/31/2004
Sean Shirker	546-78-1235	05/01/2004
Trask Shirker	115-45-7893	10/21/2021

Five years ago, Alexander divorced Jennifer Amistad (Social Security number 341-55-6789). Alexander pays Jennifer $200 per month in alimony under the divorce decree.

Not included with the Smith's tax forms was interest from State of Florida bonds of $145.00.

Alexander also received a Form W-2, Form 1099-INT, and Form 1099-DIV that you should have downloaded in Step 1 above.

[ ] CORRECTED (if checked) PAYER'S name, street address, city or town, state or province, country, ZIP | Payer's RTN (optional) OMB No. 1545-0112 or foreign postal code, and telephone no. Orlando National Bank 2021 Interest . 1 Interest income Income 9871 Disney Way 1,500.76 Orlando, FL 32801 $ Form 1099-INT 2 Early withdrawal penalty Copy B PAYER'S TIN RECIPIENT'S TIN $ - For Recipient 3 Interest on U.S. Savings Bends and Treas. obligations 60-7654321 266-15-1966 RECIPIENT'S name 4 Federal income tax withheld| 5 Investment expenses This is important tax i $ $ information and is Alexander T. Smith being furnished to the 6 Foreign tax paid 7 Foreign country or U.S. possession IRS. If you are Street address (including apt. no.) $ required to file a . ! 8 Tax-exempt interest 9 Specified private activity bond return, a negligence 1234 Buena Vista Drive P in?erest P ty penalty or other sanction may be City or town, state or province, country, and ZIP or foreign postal code $ $ imposed on you if this income is taxable and the IRS determines that it has FATCA filing | $ $ not been reported. requirement 12 Bond premium on Treasury obligations [ 13 Bond premium on tax-exempt bond U s $ Account number (see instructions) 14 Tax-exempt and tax credit 15 State | 16 State identification no. | 17 State tax withheld bond CUSIP no. $ $ Form 1099-INT (keep for your records) www.irs.gov/Form1099INT Department of the Treasury - Internal Revenue Service FIL, 32830 10 Market discount 11 Bond premium Orlando, a Employee's social security number Safe, accurate, Visit the IRS website at 266-15-1966 OMB No. 1545-0008 FAST! Use Re file www.irs.gov/efile b Employer identification number (EIN) 1 Wages, tips, other compensation 2 Federal income tax withheld 60-3456789 63 , 900 . 00 6 , 010 . 00 c Employer's name, address, and ZIP code 3 Social security wages 4 Social security tax withheld Kissimmee Airlines, Inc. 67, 172 . 00 4, 164. 66 2432 Bay Blvd. 5 Medicare wages and tips 6 Medicare tax withheld 67, 172 . 00 973 .99 Kissimmee, FL 34741 7 Social security tips 8 Allocated tips d Control number 9 Verification code 10 Dependent care benefits e Employee's first name and initial Last name Suff. 11 Nonqualified plans 12a See instructions for box 12 Alexander T. Smith D 3 , 272 . 00 13 Statutory Retirement Third-party 12b 1234 Buena Vista Drive employee plan sick pay Orlando, FL 32830 14 Other 12c 12d f Employee's address and ZIP code 15 State Employer's state ID number 16 State wages, tips, etc. 17 State income tax 18 Local wages, tips, etc. 19 Local income tax 20 Locality name FL W-2 Wage and Tax Department of the Treasury-Internal Revenue Service Form Statement 2021 Copy B-To Be Filed With Employee's FEDERAL Tax Return. This information is being furnished to the Internal Revenue Service.PAYER'S name, street address, city or town, state or province, country, ZIP or foreign postal code, and telephone no. Disney Parking Corporation 1500 Reams Rd. Lake Buena Vista, FL 32830 PAYER'S TIN RECIPIENT'S TIN 57-4443344 266-34-1967 RECIPIENT'S name Allison Smith Street address (including apt. no.) 1234 Buena Vista Drive City or town, state or province, country, and ZIP or foreign postal code Orlando FL 32830 ['] CORRECTED (if checked 1a Total ordinary dividends | OMB No. 1545-0110 1,604.00 e 2021 1b Qualified dividends 900.00 Form 1099-DIV $ 2a Total capital gain distr. 2b Unrecap. Sec. 1250 gain $ 2 Section 1202 gain 2d Collectibles (28%) gain $ 3 3 Nondividend distributions | 4 Federal income tax withheld $ 100.00 5 Section 199A dividends Investment expenses 7 Forelgn tax paid Foreign country or U.S. possession $ 9 Cash liguidation distributions| 10 Noncash liquidation distributions $ $ FATCA filing | 11 Exempt-interest dividends | 12 Specified private activity requirement Account number (see instructions) Form 1099-DIV (keep for your records) bond interest dividends 13 State www.irs.gov/Form1098DIV Department of the Treasury - Dividends and Distributions Copy B For Recipient This is important tax information and is being furnished to the IRS. If you are required to file a return, a negligence penalty or other sanction may be imposed on you if this income is taxable and the IRS determines that it has not been reported. Internal Revenue Service Qualified Dividends and Capital Gain Tax Worksheet-Line 16 Keep for Your Records Before you begin: , See the earlier instructions for line 16 to see if you can use this worksheet to figure your tax. Before completing this worksheet, complete Form 1040 or 1040-SR through line 15. If you don't have to file Schedule D and you received capital gain distributions, be sure you checked the box on Form 1040 or 1040-SR, line 7. 1. Enter the amount from Form 1040 or 1040-SR, line 15. However, if you are filing Form 2555 (relating to foreign earned income), enter the amount from line 3 of the Foreign Earned Income Tax Worksheet 1 . 2. Enter the amount from Form 1040 or 1040-SR, line 3a* . . . . 2. 3. Are you filing Schedule D?* Yes. Enter the smaller of line 15 or line 16 of Schedule D. If either line 15 or line 16 is blank or a loss, enter -0-. 3 No. Enter the amount from Form 1040 or 1040-SR, line 7. 4. Add lines 2 and 3 . . . . . .... 4 5. Subtract line 4 from line 1. If zero or less, enter -0- 5. 6. Enter: $44,625 if single or married filing separately, $89,250 if married filing jointly or qualifying surviving spouse, $59,750 if head of household. 6. 7. Enter the smaller of line 1 or line 6 7. Enter the smaller of line 5 or line 7 . . . . . 8. 9. Subtract line 8 from line 7. This amount is taxed at 0% 9 10. Enter the smaller of line 1 or line 4 10 11. Enter the amount from line 9 11. 12. Subtract line 11 from line 10 12. 13. Enter: $492,300 if single, $276,900 if married filing separately, $553,850 if married filing jointly or qualifying surviving spouse, . . . . . . 13. $523,050 if head of household. 14. Enter the smaller of line 1 or line 13 14. 15. Add lines 5 and 9 15. 16. Subtract line 15 from line 14. If zero or less, enter -0- 16. 17. Enter the smaller of line 12 or line 16 17. 18 . Multiply line 17 by 15% (0.15) 18 19. Add lines 9 and 17 - 19. 20. Subtract line 19 from line 10 20. 21. Multiply line 20 by 20% (0.20) 21. 22. Figure the tax on the amount on line 5. If the amount on line 5 is less than $100,000, use the Tax Table to figure the tax. If the amount on line 5 is $100,000 or more, use the Tax Computation Worksheet 22. 23. Add lines 18, 21, and 22 . . . . . . . . . . . . 23. 24. Figure the tax on the amount on line 1. If the amount on line 1 is less than $100,000, use the Tax Table to figure the tax. If the amount on line 1 is $100,000 or more, use the Tax Computation Worksheet 24. 25. Tax on all taxable income. Enter the smaller of line 23 or line 24. Also include this amount on the entry space on Form 1040 or 1040-SR, line 16. If you are filing Form 2555, don't enter this amount on the entry space on Form 1040 or 1040-SR, line 16. Instead, enter it on line 4 of the Foreign Earned ncome Tax Worksheet . . . .. 25. * If you are filing Form 2535, see the footnote in the Foreign Earned Income Tax Worksheet before completing this line. Need more information or forms? Visit IRS.gov. 37$1040 Department of the Treasury-Internal Revenue Service U.S. Individual Income Tax Return 2023 OMB No. 1545-0074 | IRS Use Only-Do not write or staple in this space. For the year Jan. 1-Dec. 31, 2023, or other tax year beginning_ -_. 2023, ending .._. 20 See separate instructions. Your first name and middle initial Last name Your social security number Alexander Smith 6 6 15 1 9 6 6 If joint return, spouse's first name and middle initial Last name Spouse's social security number Allison Smith 2 6 6 3 4 1 9 6 7 Home address (number and street). If you have a P.O. box, see instructions. Apt. no. Presidential Election Campaign 1234 Buena Vista Drive Check here if you, or your City, town, or post office. If you have a foreign address, also complete spaces below. State ZIP code spouse if filing jointly, want $3 Orlando FL 92830 to go to this fund. Checking a box below will not change Foreign country name Foreign province/state/county Foreign postal code | your tax or refund. You Spouse Filing Status Single Head of household (HOH) Check only Married filing jointly (even if only one had income) one box. Married filing separately (MFS) Qualifying surviving spouse (QSS) If you checked the MFS box, enter the name of your spouse. If you checked the HOH or QSS box, enter the child's name if the qualifying person is a child but not your dependent: Digital At any time during 2023, did you: (a) receive (as a reward, award, or payment for property or services); or (b) sell, Assets exchange, or otherwise dispose of a digital asset (or a financial interest in a digital asset)? (See instructions.) Yes No Standard Someone can claim: | You as a dependent Your spouse as a dependent Deduction Spouse itemizes on a separate return or you were a dual-status alien Age/Blindness You: | Were born before January 2, 1959 Are blind Spouse: Was born before January 2, 1959 Is blind Dependents (see instructions) 2) Social security 3) Relationship (4 ) Check the box if qualifies for (see instructions): (1) First name Last name number to you Child tax credit Credit for other dependents If more than four Brad Smith 2 6 1 5 5 2 1 2 1 Son dependents, see instructions and check here Income 1a Total amount from Form(s) W-2, box 1 (see instructions) 1a 63,900 Household employee wages not reported on Form(s) W-2 . 1b Attach Form(s) W-2 here. Also Tip income not reported on line 1a (see instructions) 1c attach Forms d Medicaid waiver payments not reported on Form(s) W-2 (see instructions) 1d W-2G an 1099-R if tax Taxable dependent care benefits from Form 2441, line 26 1e was withheld Employer-provided adoption benefits from Form 8839, line 29 If If you did not 9 Wages from Form 8919, line 6 . 19 get a Form h W-2, see Other earned income (see instructions) 1h instructions. i Nontaxable combat pay election (see instructions) . 25, 100 Z Add lines 1a through 1h 1z Attach Sch. B 2a Tax-exempt interest 2a 145 b Taxable interest 2b if required. 3a Qualified dividends 3a 900 b Ordinary dividends 3b 4a IRA distributions 4a b Taxable amount . 4b Standard 5b Deduction for- 5a Pensions and annuities . 5a b Taxable amount . Single or 6a Social security benefits . 6a b Taxable amount . 6b Married filing separately, C If you elect to use the lump-sum election method, check here (see instructions) $13,850 7 Capital gain or (loss). Attach Schedule D if required. If not required, check here 7 Married filing jointly or Additional income from Schedule 1, line 10 . 8 Qualifying Add lines 1z, 2b, 3b, 4b, 5b, 6b, 7, and 8. This is your total income . 9 surviving spouse $27,700 Adjustments to income from Schedule 1, line 26 10 Head o household 11 Subtract line 10 from line 9. This is your adjusted gross income 11 $20,800 . If you checked Standard deduction or itemized deductions (from Schedule A) 12 25,100 any box under 13 Qualified business income deduction from Form 8995 or Form 8995-A 13 Standard Deduction. 14 Add lines 12 and 13 14 25, 100 see instructions. 15 Subtract line 14 from line 11. If zero or less, enter -0-. This is your taxable income 15 39,505 For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 113208 Form 1040 (2023)Form 1040 (2023) Page 2 Tax and 16 Tax (see instructions). Check if any from Form(s): 1 8814 2 4972 3 16 4,237 Credits 17 Amount from Schedule 2, line 3 17 18 Add lines 16 and 17 . 18 4,237 19 Child tax credit or credit for other dependents from Schedule 8812 19 500 Amount from Schedule 3, line 8 20 200 Add lines 19 and 20 . 21 700 Subtract line 21 from line 18. If zero or less, enter -0- 22 3,537 Other taxes, including self-employment tax, from Schedule 2, line 21 23 Add lines 22 and 23. This is your total tax 24 3,537 Payments 25 Federal income tax withheld from: a Form(s) W-2 25a 6,010 Form(s) 1099 25b 100 Other forms (see instructions) 25c Add lines 25a through 25c 25d If you have a 26 2023 estimated tax payments and amount applied from 2022 return . 26 qualifying child, Earned income credit (EIC) . . 27 attach Sch. EIC. Additional child tax credit from Schedule 8812 28 American opportunity credit from Form 8863, line 8 . 29 Reserved for future use . 30 Amount from Schedule 3, line 15 . 31 Add lines 27, 28, 29, and 31. These are your total other payments and refundable credits 32 Add lines 25d, 26, and 32. These are your total payments 33 Refund 34 If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you overpaid 34 35a Amount of line 34 you want refunded to you. If Form 8888 is attached, check here 35a Direct deposit? b Routing number c Type: Checking Savings See instructions. d Account number 36 Amount of line 34 you want applied to your 2024 estimated tax 36 Amount 37 Subtract line 33 from line 24. This is the amount you owe. You Owe For details on how to pay, go to www.irs.gov/Payments or see instructions . 37 18 Estimated tax penalty (see instructions) 38 Third Party Do you want to allow another person to discuss this return with the IRS? See Designee instructions Yes. Complete below. No Designee's Phone Personal identification name no. number (PIN) Sign Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Here Your signature Date Your occupation If the IRS sent you an Identity Protection PIN, enter it here Joint return? (see inst.) See instructions. Spouse's signature. If a joint return, both must sign. Date Spouse's occupation If the IRS sent your spouse an Keep a copy for Identity Protection PIN, enter it here your record (see inst.) Phone no. Email address Preparer's name Preparer's signature Date PTIN Check if: Paid Self-employed Preparer Phone no. Use Only Firm's name Firm's address Firm's EIN Go to www.irs.gov/Form1040 for instructions and the latest information Form 1040 (2023)Schedule 1 (Form 1040) 2023 Page 2 Part II Adjustments to Income 11 Educator expenses . . 11 12 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 . 12 13 Health savings account deduction. Attach Form 8889. 13 14 Moving expenses for members of the Armed Forces. Attach Form 3903 14 15 Deductible part of self-employment tax. Attach Schedule SE 15 16 Self-employed SEP, SIMPLE, and qualified plans . 16 17 Self-employed health insurance deduction 17 18 Penalty on early withdrawal of savings 18 19a Alimony paid . 19a 200 Recipient's SSN . . 3415 5 6789 c Date of original divorce or separation agreement (see instructions) 20 IRA deduction . . 20 Student loan interest deduction 21 Reserved for future use 22 Archer MSA deduction 23 Other adjustments a Jury duty pay (see instructions) 24a Deductible expenses related to income reported on line 81 from the rental of personal property engaged in for profit . 24b c Nontaxable amount of the value of Olympic and Paralympic medals and USOC prize money reported on line 8m . 24c d Reforestation amortization and expenses . 24d e Repayment of supplemental unemployment benefits under the Trade Act of 1974 . . . 24e f Contributions to section 501(c)(18)(D) pension plans . 24f g Contributions by certain chaplains to section 403(b) plans 24g h Attorney fees and court costs for actions involving certain unlawful discrimination claims (see instructions) . . 24h Attorney fees and court costs you paid in connection with an award from the IRS for information you provided that helped the IRS detect tax law violations . 24i j Housing deduction from Form 2555 . 24j k Excess deductions of section 67(e) expenses from Schedule K-1 (Form 1041) . 24k z Other adjustments. List type and amount: 24z 25 Total other adjustments. Add lines 24a through 24z . . 25 26 Add lines 11 through 23 and 25. These are your adjustments to income. Enter here and on Form 1040, 1040-SR, or 1040-NR, line 10 26 Schedule 1 (Form 1040) 2023SCHEDULE B Interest and Ordinary Dividends OMB No. 1545-0074 (Form 1040) Department of the Treasury Attach to Form 1040 or 1040-SR. 2023 Go to www.irs.gov/ScheduleB for instructions and the latest information. Attachment Internal Revenue Service Sequence No. 08 Name(s) shown on return Your social security number Alexander and Allsion Smith 26615196 Part I List name of payer. If any interest is from a seller-financed mortgage and the Amount Interest buyer used the property as a personal residence, see the instructions and list this Interest first. Also, show that buyer's social security number and address: (See instructions Orlando National Bank 1,501 and the Instructions for Form 1040, ine 2b.) Note: If you received a Form 1099-INT, Form 1099-OID, or substitute statement from a brokerage firm, list the firm's name as the payer and enter the total interest shown on that form. Add the amounts on line 1 . 2 1,501 C N Excludable interest on series EE and I U.S. savings bonds issued after 1989. Attach Form 8815 . 3 4 Subtract line 3 from line 2. Enter the result here and on Form 1040 or 1040-SR, line 2b 1,501 Note: If line 4 is over $1,500, you must complete Part III. Amount Part II 5 List name of payer: Disney Parking Corp 1,604 Ordinary Dividends (See instructions and the Instructions for Form 1040, line 3b. Note: If you received a Form 1099-DIV or substitute statement from a brokerage firm, list the firm's name as the payer and enter the ordinary dividends shown 6 Add the amounts on line 5. Enter the total here and on Form 1040 or 1040-SR, line 3b 6 1,604 on that form. Note: If line 6 is over $1,500, you must complete Part III. Part III You must complete this part if you (a) had over $1,500 of taxable interest or ordinary dividends; (b) had a foreign Foreign account; or (c) received a distribution from, or were a grantor of, or a transferor to, a foreign trust. Accounts Yes No and Trusts 7a At any time during 2023, did you have a financial interest in or signature authority over a financial Caution: If account (such as a bank account, securities account, or brokerage account) located in a foreign required, failure to file FinCEN Form country? See instructions . 114 may result in If "Yes," are you required to file FinCEN Form 114, Report of Foreign Bank and Financial substantial Accounts (FBAR), to report that financial interest or signature authority? See FinCEN Form 114 penalties. Additionally, you and its instructions for filing requirements and exceptions to those requirements . may be required If you are required to file FinCEN Form 114, list the name(s) of the foreign country(-ies) where the to file Form 8938, financial account(s) is (are) located: Statement of Specified Foreign Financial Assets 8 During 2023, did you receive a distribution from, or were you the grantor of, or transferor to, a See instructions. foreign trust? If "Yes," you may have to file Form 3520. See instructions For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 17146N Schedule B (Form