Question 1
- The filing status of the taxpayer is
Single
Married Filing Jointly
Married Filing Separately
Head of Household - The number of dependents on the tax return is___:
0
1
2
3
4 - Form 1040 Line 1 _ (W-2 Wages, enter without comma or $)
- Tax-exempt interest on Line 2a __
- Taxable interest on Line 2b _
- Pensions and annuities (Line 4a) _
- Pensions and annuities (Line 4b) __
- Schedule 1 Line 1 (Taxable refunds) __
- How much of the AFLAC income is taxable as part of "Other income" on Line 8 of Schedule 1?
0
1000
2000
3000 - Schedule-1 Other income __
- Adjusted Gross Income before Student Loan Interest Deduction _
- The phase-out percentage for the student loan interest deduction is
20%
40%
60%
80%
100% - Schedule 1 Line 33 Student loan interest deduction __
- 2019 Form 1040 Line 8b (Adjusted Gross Income)
- Schedule-A Itemized Deductions Line 4 (Medical and Dental Expenses)
- Schedule A Line 7 (Taxes You Paid)
- Schedule A Line 10 (Interest You Paid)
- Schedule A Line 14 (Gifts to Charity)
- Schedule A, Line 15 Casualty and Theft Losses (All items are considered one event) __
- Schedule-A Line 16 (Other Itemized Deductions)
- 2019 Form 1040 Line 9 (Total Itemized Deductions)
- 2019 Form 1040 Line 11b (Taxable income)
- 2019 Form 1040 Line 12a (Income tax liability)
Sample Solution