Prob 7-60 3 pages - 7-2 Overview of Deductions and Losses E...

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Unformatted text preview: 7-2 Overview of Deductions and Losses E 1 Department oi the Treasury r lntemal Revenue Service (F- \ 53 U5. Individual Income Tax Return (99) IRSUseOnlywthnolwriieorstapleintnlespaco Lab I For the year Jan. 1—090. 31 2009 or othertex year beginning OMB No. 15450074 6 Your first name and initial Last name Your social security number TONY jOHNJ'ON 456 l 23} 7657 if a joint relum, spouse‘s first name and initial Last name Spouse’s social security number (See instructions on page MI ) Use the IRS l l label. Home address (number and street) it you have a PO. box. see page 14. J Apt. no. q'fie’w‘sgfi' 5220 GRAND AVENHE gfi?;§‘” City. town or post attics, state, and ZIP code. it you have a lOreign address, see page 14. Checking a box betow win no, r ‘ 8R OOKL YN, N Y 700 76 change your tax or refund. Presrdential Election Campaign > Check here if you, or your spouse if filing jointly. want $3 to go to this fund lsee page 14) > I] You E] Spouse Filing Status 1 :1 Single 4 [Z Head oi household (with qualifying person). (See page 15.) It the 2 D Married filing jointly (even it only one had income) qualifying person is a child but not your dependent, enter this Check only one 3 1:] Married filing separately Enter spouse‘s SSN above Chi’d‘s name We} ’ DOXI andfull name here. > 5 E] Qualifying widowier) with dependent child (see page 16) F'I'fimht‘ You must enter A your SSN(s) above, MIMI b D S on 63 and on pause m Hm name my, new social security number relationship to you C “‘1 f” (“mm ' “V” “'m‘ V“ or separation page 17 and not enlered above Taxable interest. Attach Schedule B if required . . I . I . . . . . . . m . ' Boxes checked Exemptmns Yourself. if someone can claim you as a dependent. do not check box Set . . I . I f I I I I I . I . . . . . . I . I . I . . . No‘ 0' mud,“ c Depena‘mmi (2) Dependem’s (3) Dependents (4)1/ ii quallfrinq 0" 5° “"0: I v fifi (will {see page 17) - did not live with TONY OHNJON IR. 666‘; 77 I FA THER [:I You due to divorce it more than tour g g U (see page 18) dependents. see D Dependents on Go check here > D D Add numbers on - Total number of exemptions claimed . . . . . . . . . . I I . I I I lines above 5 Income Wages. salaries tips, etc Attach Form(s) W 2 7 33 0 , Tax-exempt interest. Do not include on line Ba . I . 8b - Attach Form(s) . I . I . W‘Z hem Also Ordinary divrdends. Attach Schedule B if requrred . . I I I . . I . . I y I, 350. attach Forms Qualified dividends (see page 22) I . . I I I . 9b 350 W~2G and Taxable refunds. credits. or offsets of state and local income taxes (see page 23) ’099‘Rif'3" Alimonyreceived. I I I I I . I . . . . . n was wnhhe'd' Business income or (loss). Attach Schedule C or C—EZ I . . . I . . . I I ‘ Capital gain or (loss) Attach Schedule D it required. it not required. check here > D 3310: wgnm Other gains or (losses). Attach Form 4797 . I I . . I I . . . I I . m 56:6 page '22 lRA distributions . 15a b Taxable amount (see page 24) m Pensions and annuities b Taxable amount (see page 25) _ 17 Rental real estate. royalties. partnerships, S corporations. trusts, etc. Attach Schedule E _ Endose‘ b”! do 18 Farm income or (loss). Attach Schedule F . not attach, any payment} Also. 19 Unemployment compensation in excess of $2,400 or recipient (see page 27) . . . m please use Socral security benefits 203 1 I I b Taxable amount (see page 27) Form 1040‘V- 21 Other income. List type and amount (see page 29) 22 Add the amounts in the tar ri ht column for lines 7 tlirouh 21. This is our total income D , 23 Educator expenses (see page 29) AdIUSted 24 Certain business expenses of reservists, performing artists. and Gross leebasis government oliiciaIsI Attach Form 2106 or 210641 Income 25 Health savings account deduction. Attach Form 8889 26 Moving expenses. Attach Form 3903 . I 27 One-half of sellemployment taxI Attach Schedule SE 28 Self-employed SEPI SIMPLE, and qualified plans 29 Sell-employed health insurance deduction (see page 80) 30 Penalty on early withdrawal of savings . I Alimony paid b Recipient's SSN > I 32 IRA deduction (see page 31) 33 Student loan interest deduction (see page 34) 34 Tuition and fees deduction. Attach Form 8917 35 Domestic production activities deduction Attach Form 8903 35 36 Add lines 23 through 313 and 32 through 35 I . . . . . . I . I 37 Subtract line 36 from line 22. This is our ad usted toss income I . I . I i For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see page 97. Cat. No. 113208 Form 1040 (2009) N M N N w Q Q Form 1040 (2010) Page 2 Tax and 38 Amount from line 37 (adjusted gross income) . . . . . . . . . . . 38 Credits 39a check { [:1 You were born before January 2, 1946, [3 Blind. } Total boxes if: [I Spouse was born before January 2, 1946, E] Blind. checked > 39a b If your spouse itemizes on a separate return or you were a dual-status alien, see page 35 and check here > 39b[:] 40 Itemized deductions (from Schedule A) or your standard deduction (see page 35) . . . 40 0, Z 2 L’ 41 Subtract line 40 from line 38 . . . _ . . . . . . . . . . . . _ _ . .‘ m 42 Exemptions. Multipiy $3,650 by the number on line 6d. . . . . . . . . . . . m 43 Taxable income. Subtract line 42 from line 41. If line 42 is more than line 41. ente.r -0- . . 44 Tax (see page 37). Check if any tax is from: a E] Form(sl 8814 b E] Form‘4972 r. m 45 Alternative minimum tax (see page 40). Attach Form 5251 - . L . . . . . . _ ' 45 _ 46 Addllnes44and45.-......'...'...........Ir 46 47 Foreign tax credit. Attach Form 1116 it required . . . . 41_J_ 48 Credit for child and dependent care expenses. Attach Form 2441 48 49 Education credits from Form 8853. line 23 . ‘ 50 Retirement savings contributions credit. Attach Form 8880 51 Child tax credit (see page 42) . 52 Residential energy credits. Attach Form 5695 . . . . . . 53 Othercredits from Form. a D3800 b [I 3301 c I] ____ 54 Add lines 47 through 53. These are your total credits . . . . . . . . . . . . 55 Subtract line 54 from line flit 53334199? than line 46, enter -0- . . . . . . > B- Other 56 Self-employment tax. Attach Schedule SE . . . . . . . . . . . . . . . m Taxes 57 Unreported social security and Medicare tax from Form: a D 4137 b E] 8919 . . _ 58 Additional tax on IRAs, other qualified retirement plans, etc. Attach Form 5329 if required . 59 a 1:] Fonnls) w-2, box9 b [:1 Schedule H c [:1 Form 5405, line16 . . . . m— 60 Add lines 55 throuh 59, This is our total tax . . . . . . . . . . . . . > 60 62 2010 estimated tax payments and amount applied from 2009 return 63 Making work pay credit. Attach ScheduleM . . . . . . . m= 'fYOUhaVea 64a Earned incomecredit(EIC) . . . . . . . . . uali in Shudfyafiich b Nontaxable combat pay election 64b Schedule EIC. 65 Additionalchildtaxcredit. Attach Fonn8812 . . . . . . 65 66 American opportunity credit from Form 8863, line 14 . . . 67 First—time homebuyer credit from Form 5405, line10. . . 68 Amount paid with request for extension to file (see page 72) . 69 Excess social security and tier 1 RRTA tax withheld (see page 72) 70 Credit for federal tax on fuels. Attach Form 4136 . . . . 71 Credits from Form: a [:1 2439 blj 8839 c E] 8801 d [:1 8885 m 72 Add lines61,62, 63, 64a, and65through 71.Theseareyourtotal payments. . . . > 72 61” Refund 73 If line 72 is more than line 60, subtract line 60 from line 72. This is the amount you overpaid Direct deposit? 74a Amount of line 73 you want refunded to you. If Form 8888 is attached, check here . I» D 74a 3233:1971: b Routing number 1 l l l l l l l l l >cTypeIElChecking El Savings 74c, and 74d, > d Account number 0' Fm“ 8888‘ 75 Amount of line 73 cu want a plied to your 2011 estimated tax b 75 Amount 76 Amount you owe. Subtract line 72 from line 60. For details on how to pay. see page 74 . > 76 You owe 77 Estimated tax enal see a e 74 . . . . . . . . 77 Do you want to allow another person to discuss this return with the IRS (see page 75)? [I Yes. Complete the following. El No Payments 61 Federal income tax withheld from Forms W-2 and 1099 . . Third Party Designee Designee’s Phone Personal identification DIE name > no. > number PIN > Sign Under penalties of perjury. l declare that l have examined this retum 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 _ Joint return? Your signature Date Your occupation Daytime phone number See page 15. Keep a copy for yOur Spouse’s signature. If a joint return. both must sign. Date Spouse's occupation records. . Print/T e rs arer’s name Pre arer’s si nature Date PTlN Pald W p p p 9 Check [:1 if sell—employed Pre arer p Firm’s name i Flrm's EIN V Use Only I Firm 5 address > Phone no. Form 1040 (2010) SCHEDULE A Itemized Deductions OMB No. 154541074 (Form 1040) 1 0 my 0‘ “‘8 ngg) >Attach to Form 1040. >See Instructions for Schedule A (Form 1040). Attachment! ()7 n avenue Sen/Ice ‘ uence O. Namets) shown on Form 1040 _ - Your social security number Medicai Caution. Do not include expenses reimbursed or paid by others. and 1 Medical and dental expenses (see page A—1) . Dents,I 2 Enter amount from Form 1040, line 38 2 3 Multiply line 2 by 7.5% (.075) . . t . . . . . . . . Ex . . . . _ penses 4 Subtract line 3 from line 1. If line 3 is more than line 1, enter -0— . Taxes You 5 State and local income taxes . . L Paid 6 Real estate taxes (see page A—3) . . . . . . . . . 7 New motor vehicle taxes from line 11 of the worksheet on (See page A_2_) back (for certain vehicles purch that-Hi in 2009) . Other taxes. List type and amount D _______________________ __‘— ______ M w 9 AddlinesSthrough8. . . . . . . . . . . . . Interest 10 Home mortgage interest and points reported to you on Form 1098 _‘ _ YOU Paid 11 Home mortgage interest not reported to you on Form 1098. lf L (See paid to the person from whom you bought tit-J home, see page = page A-4.) A—4 and show that person . I':\i.'“|!' identifying no., and address D Note. “““““““““““““““ 9‘“, "" "5’ """""""""""""""""""""" “ Your mortgage ----------------------------------------------------------------------------------- —» interest 12 Points not reported to you on Form 1098. See page A-4 for deduction may special rules . be “mited (see 13 Mortgage insurance premiums (see page A-4). page A4) 14 Investment interests Attach Form 4952 it required (See page A6.) 15 Add lines 10 through 14 . . . . . . . . . . Gifts to 16 Gifts by cash or check. If you made any gift of $250 or more, Charity see pageA—G . . . . . . . . . . . . . . . . If you made a 17 Other than by cash or check. If any gift of $250 or more, see gift and got a page A—6. You must attach Form 8283 if over $500 . benefitfor it, 18 Carryoverfrom prior year See page A‘6‘ 19 Add lines 16 through 18 . Casuatty and Theft Losses 20 Casualty or theft loss(es). Attach Form 4684. (See page A-7.). J0” Expenses 21 Unreimbursed employee expenses—job travel, union dues, am certain job education, etc. Attach Form 2106 or 2106-EZ if required. Miscellaneous (See page A—7.) > ________________________________________________________ u MUCtiOHS 22 Tax preparation fees . . . . . . . . . . . (See 23 Other expenses—investment, safe deposit box, etc_ List type page A-7.) and amount > 24 Add lines 21 through 23 . . . . . . . 25 Enter amount from Form 1040, line 38 25 26 Multiply line 25 by 2% (,02) . . . 27 Subtract line 26 from line 24. If line 26 is more than line 24, enter ~0— Other 28 Other—from list on page A~8_ List type and amount > Miscellaneous """"""""""""""""""""" " Deductions """"""""""""""""""""""""""""""""""""""""""""""""""""""""""""" " Total 29 Add the amounts in the far right column for lines 4 through 28. Also, enter this amount Itemized on Form 1040, line 40 . . . . . . . . . . . . . . Deductions 30 If you elect to itemize deductions even though they are less than your standard . -‘ deduction, check here . . . V . . . . . . . . . . . . . . . V 1:} ‘ For Paperwork Reduction Act Notice, see Form 1040 instructions. Cat No. 171450 Schedule A (Form 1040) 2010 ...
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Prob 7-60 3 pages - 7-2 Overview of Deductions and Losses E...

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