Question

1-How much is taxable from their social security benefits? line 5b

2-How much is the standard deduction for 2019 since they are both older then 65? line 9

3-What amout goes on line 12a, 20, and 21a?

Robert and Vilma Greene are married filing jointly. They are 68 and 66 years old, respectively. Their address is 1001 NW. 93rd Street Miami, FL 33168. Additional information about Mr. and Mrs. Greene, who are retired, is as follows: Social security numbers Robert. 412-34-5670 Date of birth: 10/9/1951 SSA-1099 for Robert shows this amount Box S - $21,600.00 For 1099-INT for Robert shows this amount Box 1 - 59,100.00 from CD Bank. Vilma: 412-34-5671 Date of birth: 11/9/1953 SSA-1099 for Vilma shows this moun Box 5 - $15,600.00 Forn 1099-INT for Vilma shows this amount hos 1 - $7,500.00 from ABC Bank. Required: Prepare the tax return for Me and Mrs. Greene using the appropriate form. They want to contribute to the presidential election campaign. The Greenes did not have any foreign accounts. (List the names of the taxpayers and any income they receive in the order in which they appear in the problem starting from the first line. Input all the values as positive numbers. Do not skip rows while entering in Interest section of Schedule B.) Use the appropriate Tax Tables 1040 for a couple Married Filing Jointly with no dependents.

2019 Tax return

Answer 1

1. $18600 (5b) is taxable under social security benefits.

2. $26,600 is the standard deduction for 2019 since they are both older then 65.

3. The amount goes on line 12a is $860

20 is $860

21a is $860