Individual Tax Return

Please complete the 2019 federal individual income tax return (Form 1040, Schedule 1 and Schedule A) for Bob and Melissa Grant.  Stop after completing 1040 Line 12a for this project. 

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D Appendix D Tax Rates 2019 Tax Rate Schedules Individuals Schedule X-Single If taxable income is But not over: over: The tax is: $            0 $    9,700 10% of taxable income $     9,700 $  39,475 $970 plus 12% of the excess over $9,700 $  39,475 $  84,200 $4,543 plus 22% of the excess over $39,475 $  84,200 $160,725 $14,382.50 plus 24% of the excess over $84,200 $160,725 $204,100 $32,748.50 plus 32% of the excess over $160,725 $204,100 $510,300 $46,628.50 plus 35% of the excess over $204,100 $510,300 — $153,798.50 plus 37% of the excess over $510,300 Schedule Z-Head of Household If taxable income is But not over: over: The tax is: $            0 $  13,850 10% of taxable income $  13,850 $  52,850 $1,385 plus 12% of the excess over $13,850 $  52,850 $ 84,200 $6,065 plus 22% of the excess over $52,850 $ 84,200 $160,700 $12,962 plus 24% of the excess over $84,200 $160,700 $204,100 $31,322 plus 32% of the excess over $160,700 $204,100 $510,300 $45,210 plus 35% of the excess over $204,100 $510,300 — $152,380 plus 37% of the excess over $510,300 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is But not over: over: The tax is: $            0 $  19,400 10% of taxable income $  19,400 $  78,950 $1,940 plus 12% of the excess over $19,400 $  78,950 $168,400 $9,086 plus 22% of the excess over $78,950 $168,400 $321,450 $28,765 plus 24% of the excess over $168,400 $321,450 $408,200 $65,497 plus 32% of the excess over $321,450 $408,200 $612,350 $93,257 plus 35% of the excess over $408,200 $612,350 — $164,709.50 plus 37% of the excess over $612,350 Schedule Y-2-Married Filing Separately If taxable income is But not over: over: The tax is: $            0 $     9,700 10% of taxable income $     9,700 $  39,475 $970 plus 12% of the excess over $9,700 $  39,475 $  84,200 $4,543 plus 22% of the excess over $39,475 $  84,200 $160,725 $14,382.50 plus 24% of the excess over $84,200 $160,725 $204,100 $32,748.50 plus 32% of the excess over $160,725 $204,100 $306,175 $46,628.50 plus 35% of the excess over $204,100 $306,175 — $82,354.75 plus 37% of the excess over $306,175 spi69614_appd_D-D1.indd 4 2/20/19 5:51 PM Appendix D D-1 Amount of Each Additional Standard Deduction for Taxpayers Who Are Age 65 or Blind 2018 2019 Amount Amount Married taxpayers $1,300 $1,300 Single taxpayer or head of household $1,600 $1,650 If taxable income is But not over: over: The tax is: $         0 $  2,600 10% of taxable income $  2,600 $  9,300 $260 plus 24% of the excess over $2,600 $  9,300 $12,750 $1,868 plus 35% of the excess over $9,300 $12,750   $3,075.50 plus 37% of the excess over $12,750 Estates and Trusts Tax Rates for Net Capital Gains and Qualified Dividends Rate* Taxable Income Married Married Head of Trusts Filing Jointly Filing Separately Single Household and Estates  0% $0 − $78,750 $0 − $39,375 $0 − $39,375 $0 − $52,750 $0 − $2,650 15% $78,751 − $488,850 $39,376 − $244,425 $39,376 − $434,550 $52,751 − $461,700 $2,651 − $12,950 20% $488,851+ $244,426+ $434,551+ $461,701+ $12,951+ *This rate applies to the net capital gains and qualified dividends that fall within the range of taxable income specified in the table (net capital gains and qualified divi- dends are included in taxable income last for this purpose). Basic Standard Deduction Amounts* 2018 2019 Filing Status Amount Amount Married Filing Jointly $24,000 $24,400 Qualifying Widow or Widower $24,000 $24,400 Married Filing Separately $12.000 $12,200 Head of Household $18,000 $18,350 Single $12,000 $12,200 *For individuals claimed as a dependent on another return, the 2019 standard deduction is the greater of (1) $1,100 or (2) $350 plus earned income not to exceed the standard deduction amount of those who are not dependents. Corporations Rate Taxable Income 21% All Exemption Amount 2018 2019 $4,150 $4,200* *Used for qualifying relative gross income test. spi69614_appd_D-D1.indd 1 2/20/19 5:51 PM

Fo rm1040 Department of the Treasury—Internal Revenue Service (99)U.S. Individual Income Tax Return 2019 OMB No. 1545-0074 IRS Use Only—Do not write or staple in this space. Filing Status Check only one box. Single Married filing jointly Married filing separately (MFS) Head of household (HOH) Qualifying widow(er) (QW) If you checked the MFS box, enter the name of spouse. If you checked the HOH or QW box, enter the child’s name if the qualifying person is a child but not your dependent. ▶ Your first name and middle initial Last name Your social security number If joint return, spouse’s first name and middle initial Last name Spouse’s social security number Home address (number and street). If you have a P.O. box, see instructions. Apt. no. City, town or post office, state, and ZIP code. If you have a foreign address, also complete spaces below (see instructions). Foreign country name Foreign province/state/county Foreign postal code Presidential Election Campaign Check here if you, or your spouse if filing jointly, want $3 to go to this fund. Checking a box below will not change your tax or refund. You Spouse Standard Deduction Someone can claim: You as a dependent Your spouse as a dependent Spouse itemizes on a separate return or you were a dual-status alien Age/Blindness You: Were born before January 2, 1955 Are blind Spouse: Was born before January 2, 1955 Is blind If more than four dependents, see instructions and ✓ here ▶ Dependents (see instructions): (2) Social security number (3) Relationship to you (4) ✓ if qualifies for (see instructions): (1) First name Last name Child tax credit Credit for other dependents 1 Wages, salaries, tips, etc. Attach Form(s) W-2 . . . . . . . . . . . . . . . . . . 1 2a Tax-exempt interest . . . . 2a b Taxable interest. Attach Sch. B if required 2b 3a Qualified dividends . . . . 3a b Ordinary dividends. Attach Sch. B if required 3b 4a IRA distributions . . . . . 4a b Taxable amount . . . . . . 4b c Pensions and annuities . . . 4c d Taxable amount . . . . . . 4d 5a Social security benefits . . . 5a b Taxable amount . . . . . . 5b 6 Capital gain or (loss). Attach Schedule D if required. If not required, check here . . . . . . . ▶ 6 7a Other income from Schedule 1, line 9 . . . . . . . . . . . . . . . . . . . . 7a b Add lines 1, 2b, 3b, 4b, 4d, 5b, 6, and 7a. This is your total income . . . . . . . . . . . ▶ 7b 8 a Adjustments to income from Schedule 1, line 22 . . . . . . . . . . . . . . . . . 8a b Subtract line 8a from line 7b. This is your adjusted gross income . . . . . . . . . . . ▶ 8b 9 Standard deduction or itemized deductions (from Schedule A) . . . . . Standard Deduction for— • Single or Married filing separately, $12,200 • Married filing jointly or Qualifying widow(er), $24,400 • Head of household, $18,350 • If you checked any box under Standard Deduction, see instructions. 9 10 Qualified business income deduction. Attach Form 8995 or Form 8995-A . . . 10 11a Add lines 9 and 10 . . . . . . . . . . . . . . . . . . . . . . . . . 11a b Taxable income. Subtract line 11a from line 8b. If zero or less, enter -0- . . . . . . . . . . . 11b For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11320B Form 1040 (2019) Form 1040 (2019) Page 2 12a Tax (see inst.) Check if any from Form(s): 1 8814 2 4972 3 12a b Add Schedule 2, line 3, and line 12a and enter the total . . . . . . . . . . . . . . ▶ 12b 13a Child tax credit or credit for other dependents . . . . . . . . . . 13a b Add Schedule 3, line 7, and line 13a and enter the total . . . . . . . . . . . . . . ▶ 13b 14 Subtract line 13b from line 12b. If zero or less, enter -0- . . . . . . . . . . . . . . . 14 15 Other taxes, including self-employment tax, from Schedule 2, line 10 . . . . . . . . . . . . 15 16 Add lines 14 and 15. This is your total tax . . . . . . . . . . . . . . . . . . ▶ 16 17 Federal income tax withheld from Forms W-2 and 1099 . . . . . . . . . . . . . . . 17 18 Other payments and refundable credits: a Earned income credit (EIC) . . . . . . . . . . . . . . . • If you have a qualifying child, attach Sch. EIC. • If you have nontaxable combat pay, see instructions. 18a b Additional child tax credit. Attach Schedule 8812 . . . . . . . . . 18b c American opportunity credit from Form 8863, line 8 . . . . . . . . 18c d Schedule 3, line 14 . . . . . . . . . . . . . . . . . 18d e Add lines 18a through 18d. These are your total other payments and refundable credits . . . . . ▶ 18e 19 Add lines 17 and 18e. These are your total payments . . . . . . . . . . . . . . . ▶ 19 Refund 20 If line 19 is more than line 16, subtract line 16 from line 19. This is the amount you overpaid . . . . . . 20 21a Amount of line 20 you want refunded to you. If Form 8888 is attached, check here . . . . . . ▶ 21a Direct deposit? See instructions. ▶ b Routing number ▶ c Type: Checking Savings ▶ d Account number 22 Amount of line 20 you want applied to your 2020 estimated tax . . . . ▶ 22 Amount You Owe 23 Amount you owe. Subtract line 19 from line 16. For details on how to pay, see instructions . . . . . ▶ 23 24 Estimated tax penalty (see instructions) . . . . . . . . . . . ▶ 24 Third Party Designee (Other than paid preparer) Do you want to allow another person (other than your paid preparer) to discuss this return with the IRS? See instructions. Yes. Complete below. No Designee’s name ▶ Phone no. ▶ Personal identification number (PIN) ▶ Sign Here Joint return? See instructions. Keep a copy for your records. 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. Your signature Date Your occupation If the IRS sent you an Identity Protection PIN, enter it here (see inst.) Spouse’s signature. If a joint return, both must sign. Date Spouse’s occupation If the IRS sent your spouse an Identity Protection PIN, enter it here (see inst.) Phone no. Email address ▲ Paid Preparer Use Only Preparer’s name Preparer’s signature Date PTIN Check if: 3rd Party Designee Self-employedFirm’s name ▶ Phone no. Firm’s address ▶ Firm’s EIN ▶ Go to www.irs.gov/Form1040 for instructions and the latest information. Form 1040 (2019) Version J, Cycle 9 INTERNAL USE ONLY DRAFT AS OF August 16, 2019 Version J, Cycle 9 INTERNAL USE ONLY DRAFT AS OF August 16, 2019 2019 Form 1040 SE:W:CAR:MP U.S. Individual Income Tax Return Form 1040 Department of the Treasury—Internal Revenue Service (99) U.S. Individual Income Tax Return 2019 2019. Cat. No. 11320B. OMB No. 1545-0074 O M B No. 1545-0074. For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. IRS Use Only—Do not write or staple in this space. Filing Status  Check onlyone box. Single Married filing jointly Married filing separately (MFS) Head of household (HOH) Qualifying widow(er) (QW) If you checked the MFS box, enter the name of spouse. If you checked the HOH or QW box, enter the child’s name if the qualifying person is a child but not your dependent.  ▶ Presidential Election Campaign Check here if you, or your spouse if filing jointly, want $3 to go to this fund. Checking a box below will not change your tax or refund.  Standard Deduction Someone can claim: You as a dependent Your spouse as a dependent Spouse itemizes on a separate return or you were a dual-status alien Age/Blindness You: Were born before January 2, 1955 Are blind Spouse: Was born before January 2, 1955 Is blind If more than four dependents, see instructions and ✓ here  ▶ Dependents (see instructions): (2)  Social security number  (3) Relationship to you  (4)  ✓ if qualifies for (see instructions): (1)  First name                                                    Last name  (1) First name. Last name. (2) Social security number. (3) Relationship to you. Child tax credit (4) ✓ if qualifies for (see instructions): Child tax credit. Credit for other dependents (4) ✓ if qualifies for (see instructions): Credit for other dependents. 1 Wages, salaries, tips, etc. Attach Form(s) W-2           1 2 a Tax-exempt interest           2a b  Taxable interest. Attach Sch. B if required 2b 3 a Qualified dividends           3a b  Ordinary dividends. Attach Sch. B if required 3b 4 a IRA distributions          4a b  Taxable amount           4b c Pensions and annuities          4c d  Taxable amount           4d 5 a Social security benefits           5a b  Taxable amount           5b 6 Capital gain or (loss). Attach Schedule D if required. If not required, check here           ▶ 6 7 a Other income from Schedule 1, line 9           7a b Add lines 1, 2b, 3b, 4b, 4d, 5b, 6, and 7a. This is your total income           ▶ 7b 8 a Adjustments to income from Schedule 1, line 22            8a b Subtract line 8a from line 7b. This is your adjusted gross income            ▶ 8b 9 Standard deduction or itemized deductions (from Schedule A)            8. Enter the standard deduction; otherwise, attach Schedule A. Dollars. Standard  Deduction for— • Single or Married filing separately,  $12,200 • Married filing  jointly or Qualifying widow(er), $24,400 • Head of household,  $18,350 • If you checked any box under Standard Deduction,see instructions. 9 10 Qualified business income deduction. Attach Form 8995 or Form 8995-A           10 11 a Add lines 9 and 10           11a b Taxable income. Subtract line 11a from line 8b. If zero or less, enter -0-           11b For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 11320B Form 1040 (2019) Form 1040 (2019) Page 2 12 a Tax (see inst.)  Check if any from Form(s):  1 2 3 12a b Add Schedule 2, line 3, and line 12a and enter the total           ▶ 12b 13 a Child tax credit or credit for other dependents           13a b Add Schedule 3, line 7, and line 13a and enter the total           ▶ 13b 14 Subtract line 13b from line 12b. If zero or less, enter -0-          14 15 Other taxes, including self-employment tax, from Schedule 2, line 10           15 16 Add lines 14 and 15. This is your total tax           ▶ 16 17 Federal income tax withheld from Forms W-2 and 1099           17 18 Other payments and refundable credits:  a Earned income credit (EIC)           • If you have a qualifying child, attach Sch. EIC. • If you have nontaxable combat pay, see instructions. 18a b Additional child tax credit. Attach Schedule 8812           18b c American opportunity credit from Form 8863, line 8           18c d Schedule 3, line 14           18d e Add lines 18a through 18d. These are your total other payments and refundable credits           ▶           18e 19 Add lines 17 and 18e. These are your total payments           ▶ 19 Refund 20 If line 19 is more than line 16, subtract line 16 from line 19. This is the amount you overpaid           20 21 a Amount of line 20 you want refunded to you. If Form 8888 is attached, check here           ▶ 21a Direct deposit? See instructions. ▶ b Routing number ▶ c Type:  ▶ d Account number 22 Amount of line 20 you want applied to your 2020 estimated tax           ▶ 22 Amount You Owe 23 Amount you owe. Subtract line 19 from line 16. For details on how to pay, see instructions          ▶ 23 24 Estimated tax penalty (see instructions)           ▶ 24 Third Party Designee (Other than paid preparer) Do you want to allow another person (other than your paid preparer) to discuss this return with the IRS? See instructions. Designee’sname  ▶ Phoneno.  ▶ Personal identificationnumber (PIN)            ▶ Sign Here Joint return? See instructions. Keep a copy for your records. 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. Your signature Date If the IRS sent you an Identity Protection PIN, enter it here (see inst.) Spouse’s signature. If a joint return, both must sign.  Date If the IRS sent your spouse an Identity Protection PIN, enter it here (see inst.) ▲ Paid Preparer Use Only Preparer’s signature Date Check if: Go to www.irs.gov/Form1040 for instructions and the latest information. Form 1040 (2019)  c1_01: 0 f1_01: f1_02: f1_03: f1_04: f1_05: f1_06: f1_07: f1_08: f1_09: f1_10: f1_11: f1_12: f1_13: c1_02: 0 c1_03: 0 c1_04: 0 c1_05: 0 c1_06: 0 c1_07: 0 c1_08: 0 c1_09: 0 c1_10: 0 c1_11: 0 f1_14: f1_15: f1_16: c1_12: 0 c1_13: 0 f1_17: f1_18: f1_19: c1_14: 0 c1_15: 0 f1_20: f1_21: f1_22: c1_16: 0 c1_17: 0 f1_23: f1_24: f1_25: c1_18: 0 c1_19: 0 f1_26: f1_27: f1_28: f1_29: f1_30: f1_31: f1_32: f1_33: f1_34: f1_35: f1_36: c1_20: 0 f1_37: f1_38: f1_39: f1_40: f1_41: f1_42: f1_43: f1_44: f1_45: c2_01: c2_02: c2_03: f2_01: f2_02: f2_03: f2_04: f2_05: f2_06: f2_07: f2_08: f2_09: f2_10: f2_11: f2_12: f2_13: f2_14: f2_15: f2_16: c2_04: 0 f2_17: f2_18: c2_05: 0 f2_19: f2_20: f2_21: f2_22: c2_06: f2_23: f2_24: f2_25: f2_26: f2_27: f2_28: f2_29: f2_30: f2_31: f2_32: f2_33: c2_07: 0 f2_34: f2_35: f2_36: f2_37:

SCHEDULE 1 (Form 1040 or 1040-SR) Department of the Treasury Internal Revenue Service Additional Income and Adjustments to Income ▶ Attach to Form 1040 or 1040-SR. ▶ Go to www.irs.gov/Form1040 for instructions and the latest information. OMB No. 1545-0074 2019 Attachment Sequence No. 01 Name(s) shown on Form 1040 or 1040-SR Your social security number At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Yes No Part I Additional Income 1 Taxable refunds, credits, or offsets of state and local income taxes . . . . . . . . . . . . 1 2a Alimony received . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2a b Date of original divorce or separation agreement (see instructions) ▶ 3 Business income or (loss). Attach Schedule C . . . . . . . . . . . . . . . . . . . 3 4 Other gains or (losses). Attach Form 4797 . . . . . . . . . . . . . . . . . . . . 4 5 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E . . . . . 5 6 Farm income or (loss). Attach Schedule F . . . . . . . . . . . . . . . . . . . . 6 7 Unemployment compensation . . . . . . . . . . . . . . . . . . . . . . . . 7 8 Other income. List type and amount ▶ 8 9 Combine lines 1 through 8. Enter here and on Form 1040 or 1040-SR, line 7a . . . . . . . . 9 Part II Adjustments to Income 10 Educator expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 11 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11 12 Health savings account deduction. Attach Form 8889 . . . . . . . . . . . . . . . . 12 13 Moving expenses for members of the Armed Forces. Attach Form 3903 . . . . . . . . . . 13 14 Deductible part of self-employment tax. Attach Schedule SE . . . . . . . . . . . . . . 14 15 Self-employed SEP, SIMPLE, and qualified plans . . . . . . . . . . . . . . . . . . 15 16 Self-employed health insurance deduction . . . . . . . . . . . . . . . . . . . . 16 17 Penalty on early withdrawal of savings . . . . . . . . . . . . . . . . . . . . . 17 18a Alimony paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18a b Recipient’s SSN . . . . . . . . . . . . . . . . . . . . . ▶ c Date of original divorce or separation agreement (see instructions) ▶ 19 IRA deduction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 20 Student loan interest deduction . . . . . . . . . . . . . . . . . . . . . . . 20 21 Tuition and fees. Attach Form 8917 . . . . . . . . . . . . . . . . . . . . . . 21 22 Add lines 10 through 21. These are your adjustments to income. Enter here and on Form 1040 or 1040-SR, line 8a . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 71479F Schedule 1 (Form 1040 or 1040-SR) 2019 Version A, Cycle 7 INTERNAL USE ONLY DRAFT AS OF December 20, 2019 SCHEDULE 1 (Form 1040 or 1040-SR)  Department of the Treasury Internal Revenue Service Additional Income and Adjustments to Income ▶ Attach to Form 1040 or 1040-SR.  ▶ Go to www.irs.gov/Form1040 for instructions and the latest information. OMB No. 1545-0074 2019 2019. Cat. No. 71479F. Attachment  Sequence No. 01  Attachment Sequence No. 01. For Paperwork Reduction Act Notice, see your tax return instructions. At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency?           Part I Additional Income 1 Taxable refunds, credits, or offsets of state and local income taxes            1 2 a Alimony received            2a b 3 Business income or (loss). Attach Schedule C            3 4 Other gains or (losses). Attach Form 4797            4 5 Rental real estate, royalties, partnerships, S corporations, trusts, etc. Attach Schedule E           5 6 Farm income or (loss). Attach Schedule F            6 7 Unemployment compensation            7 8 8 9 Combine lines 1 through 8. Enter here and on Form 1040 or 1040-SR, line 7a            9 Part II Adjustments to Income 10 Educator expenses            10 11   Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106           11 12 Health savings account deduction. Attach Form 8889            12 13 Moving expenses for members of the Armed Forces. Attach Form 3903           13 14 Deductible part of self-employment tax. Attach Schedule SE           14 15 Self-employed SEP, SIMPLE, and qualified plans            15 16 Self-employed health insurance deduction            16 17 Penalty on early withdrawal of savings            17 18 a Alimony paid           18a b Recipient’s SSN           ▶ c 19 IRA deduction            19 20 Student loan interest deduction            20 21 Tuition and fees. Attach Form 8917            21 22   Add lines 10 through 21. These are your adjustments to income. Enter here and on Form 1040 or 1040-SR, line 8a            22 For Paperwork Reduction Act Notice, see your tax return instructions. Cat. No. 71479F Schedule 1 (Form 1040 or 1040-SR) 2019 8.2.1.3144.1.471865.466429 Additional Income and Adjustments to Income SE:W:CAR:MP 2019 Schedule 1 (Form 1040 or 1040-SR) f1_01: f1_02: c1_1: 0 f1_03: f1_04: f1_05: f1_06: f1_07: f1_08: f1_09: f1_10: f1_11: f1_12: f1_13: f1_14: f1_15: f1_16: f1_17: f1_18: f1_19: f1_20: f1_21: f1_22: f1_23: f1_24: f1_25: f1_26: f1_27: f1_28: f1_29:

SCHEDULE A (Form 1040 or 1040-SR) Department of the Treasury Internal Revenue Service (99) Itemized Deductions ▶ Go to www.irs.gov/ScheduleA for instructions and the latest information. ▶ Attach to Form 1040 or 1040-SR. Caution: If you are claiming a net qualified disaster loss on Form 4684, see the instructions for line 16. OMB No. 1545-0074 2019 Attachment Sequence No. 07 Name(s) shown on Form 1040 or 1040-SR Your social security number Medical and Dental Expenses Caution: Do not include expenses reimbursed or paid by others. 1 Medical and dental expenses (see instructions) . . . . . . . 1 2 Enter amount from Form 1040 or 1040-SR, line 8b 2 3 Multiply line 2 by 7.5% (0.075) . . . . . . . . . . . . . 3 4 Subtract line 3 from line 1. If line 3 is more than line 1, enter -0- . . . . . . . . . 4 Taxes You Paid 5 State and local taxes. a State and local income taxes or general sales taxes. You may include either income taxes or general sales taxes on line 5a, but not both. If you elect to include general sales taxes instead of income taxes, check this box . . . . . . . . . . . . . . . . . ▶ 5a b State and local real estate taxes (see instructions) . . . . . . . 5b c State and local personal property taxes . . . . . . . . . . 5c d Add lines 5a through 5c . . . . . . . . . . . . . . . 5d e Enter the smaller of line 5d or $10,000 ($5,000 if married filing separately) . . . . . . . . . . . . . . . . . . . 5e 6 Other taxes. List type and amount ▶ 6 7 Add lines 5e and 6 . . . . . . . . . . . . . . . . . . . . . . . 7 Interest You Paid Caution: Your mortgage interest deduction may be limited (see instructions). 8 Home mortgage interest and points. If you didn’t use all of your home mortgage loan(s) to buy, build, or improve your home, see instructions and check this box . . . . . . . . . . . ▶ a Home mortgage interest and points reported to you on Form 1098. See instructions if limited . . . . . . . . . . . . . . . . 8a b Home mortgage interest not reported to you on Form 1098. See instructions if limited. If paid to the person from whom you bought the home, see instructions and show that person’s name, identifying no., and address . . . . . . . . . . . . . . . . . . . ▶ 8b c Points not reported to you on Form 1098. See instructions for special rules . . . . . . . . . . . . . . . . . . . . . 8c d Mortgage insurance premiums (see instructions) . . . . . . . 8d e Add lines 8a through 8d . . . . . . . . . . . . . . . 8e 9 Investment interest. Attach Form 4952 if required. See instructions 9 10 Add lines 8e and 9 . . . . . . . . . . . . . . . . . . . . . . . 10 Gifts to Charity 11 Gifts by cash or check. If you made any gift of $250 or more, see instructions . . . . . . . . . . . . . . . . . . . Caution: If you made a gift and got a benefit for it, see instructions. 11 12 Other than by cash or check. If you made any gift of $250 or more, see instructions. You must attach Form 8283 if over $500. . . . 12 13 Carryover from prior year . . . . . . . . . . . . . . 13 14 Add lines 11 through 13 . . . . . . . . . . . . . . . . . . . . . . 14 Casualty and Theft Losses 15 Casualty and theft loss(es) from a federally declared disaster (other than net qualified disaster losses). Attach Form 4684 and enter the amount from line 18 of that form. See instructions . . . . . . . . . . . . . . . . . . . . . . . . . . 15 Other Itemized Deductions 16 Other—from list in instructions. List type and amount ▶ 16 Total Itemized Deductions 17 Add the amounts in the far right column for lines 4 through 16. Also, enter this amount on Form 1040 or 1040-SR, line 9 . . . . . . . . . . . . . . . . . . . . 17 18 If you elect to itemize deductions even though they are less than your standard deduction, check this box . . . . . . . . . . . . . . . . . . . . ▶ For Paperwork Reduction Act Notice, see the Instructions for Forms 1040 and 1040-SR. Cat. No. 17145C Schedule A (Form 1040 or 1040-SR) 2019 Version A, Cycle 9 IINTERNAL USE ONLY DRAFT AS OF December 30, 2019 2019 Schedule A (Form 1040 or 1040-SR) SE:W:CAR:MP Itemized Deductions SCHEDULE A  (Form 1040 or 1040-SR)  Department of the Treasury Internal Revenue Service (99) Itemized Deductions ▶ Go to www.irs.gov/ScheduleA for instructions and the latest information.  ▶ Attach to Form 1040 or 1040-SR.                 Caution: If you are claiming a net qualified disaster loss on Form 4684, see the instructions for line 16. OMB No. 1545-0074 2019 2019. Cat. No. 17145C. Attachment  Sequence No. 07  Attachment Sequence No. 07. For Paperwork Reduction Act Notice, see the instructions for Form 1040 instructions. Medical and Dental Expenses Caution: Do not include expenses reimbursed or paid by others.  1 Medical and dental expenses (see instructions)           1 2 Enter amount from Form 1040 or 1040-SR, line 8b 2 3 Multiply line 2 by 7.5% (0.075)          3 4 Subtract line 3 from line 1. If line 3 is more than line 1, enter -0-          4 Taxes You Paid 5 State and local taxes. a       State and local income taxes or general sales taxes. You may include either income taxes or general sales taxes on line 5a, but not both. If you elect to include general sales taxes instead of income taxes, check this box           ▶          5a b State and local real estate taxes (see instructions)          5b c State and local personal property taxes          5c d Add lines 5a through 5c          5d e Enter the smaller of line 5d or $10,000 ($5,000 if married filing separately)          5e 6 6 7 Add lines 5e and 6           7 Interest You Paid Caution: Your mortgage interest deduction may be limited (see instructions). 8     Home mortgage interest and points. If you didn’t use all of your home mortgage loan(s) to buy, build, or improve your home, see instructions and check this box          ▶          a   Home mortgage interest and points reported to you on Form 1098. See instructions if limited          8a b       Home mortgage interest not reported to you on Form 1098. See instructions if limited. If paid to the person from whom you bought the home, see instructions and show that person’s name, identifying no., and address           8b c Points not reported to you on Form 1098. See instructions for special rules          8c d Mortgage insurance premiums (see instructions)          8d e Add lines 8a through 8d          8e 9 Investment interest. Attach Form 4952 if required. See instructions           9 10 Add lines 8e and 9           10 Gifts to Charity 11   Gifts by cash or check. If you made any gift of $250 or more, see instructions           Caution: If you  made a gift and  got a benefit for it,see instructions. 11 12   Other than by cash or check. If you made any gift of $250 or more, see instructions. You must attach Form 8283 if over $500          12 13 Carryover from prior year          13 14 Add lines 11 through 13          14 Casualty and Theft Losses 15     Casualty and theft loss(es) from a federally declared disaster (other than net qualified disaster losses). Attach Form 4684 and enter the amount from line 18 of that form. See instructions           15 Other Itemized Deductions 16 16 Total Itemized Deductions 17   Add the amounts in the far right column for lines 4 through 16. Also, enter this amount on Form 1040 or 1040-SR, line 9           17 18   If you elect to itemize deductions even though they are less than your standard  deduction, check this box         ▶ For Paperwork Reduction Act Notice, see the Instructions for Forms 1040 and 1040-SR. Cat. No. 17145C Schedule A (Form 1040 or 1040-SR) 2019 f1_1: f1_2: f1_3: f1_4: f1_5: f1_6: c1_1: f1_7: f1_8: f1_9: f1_10: f1_11: f1_12: f1_13: f1_14: f1_15: c1_2: f1_16: f1_17: f1_18: f1_19: f1_20: f1_21: f1_22: f1_23: f1_24: f1_25: f1_26: f1_27: f1_28: f1_29: f1_30: f1_31: f1_32: f1_33: f1_34: c1_3:

Individual Tax Return Project Instructions: Please complete the 2019 federal individual income tax return (Form 1040, Schedule 1 and Schedule A) for Bob and Melissa Grant. Stop after completing 1040 Line 12a for this project. Submit and check your answers on D2L>Quizzes>Individual Tax Return. Bob and Melissa Grant are married and live in Lexington, Kentucky. The Grants have 17-year old twin daughters. The Grants would like to file a joint tax return for the year. The following information relates to the Grant’s tax year: · Bob’s Social Security number is 987-45-1234 · Melissa’s Social Security number is 494-37-4893 · Jane’s Social Security number is 412-32-5690 · Anna’s Social Security number is 412-32-6940 · The Grants’ mailing address is 95 Hickory Road, Lexington, Kentucky 40502. · Jane and Anna are tax dependents for federal tax purposes Bob Grant received the following during the year: Employer Gross Wages Federal Income Tax Withholding State Income Tax Withholding University of Kentucky $117,450 $22,000 $6,000 Melissa Grant received the following during the year: Employer Gross Wages Federal Income Tax Withholding State Income Tax Withholding Jensen Photography $20,500 $2,450 $1,025 All applicable and appropriate payroll taxes were withheld by Grants’ respective employers. The Grants also received the following during the year: Interest Income from First Kentucky Bank $580 Interest Income from City of Lexington, KY Bond $600 Interest Income from U.S. Treasury Bond $825 Disability insurance payments received by Bob on account of injury 3,000 Bob’s employer paid for the insurance policy issued by Aflac (NYSE AFL) as part of the tax-free fringe benefits Payment to Melissa as a result of a lawsuit for damages she sustained in a car accident: · Reimbursement for her medical Expenses $14,500 · Punitive Damages $10,000 Eight years ago, Melissa purchased an annuity contract for $80,000. This year, she received her first payment on the annuity. The payment amount was $16,000. The annuity started to pay on January 1 and she received a full first year’s payment. It will pay her $16,000 per year for ten years beginning this year. In 2019, they also received $420 of Kentucky state income tax refund. They took itemized deduction in 2018 and the amount of their total itemized deduction in 2018 is $31,878. The total of their 2018 State and Local Taxes paid is $9,100. The Grants also placed $455 in the Kentucky Derby and won $3,225 from their tickets. The Grants paid or incurred the following expenses during the year: Dentist/Orthodontist (not paid by insurance) $ 23,000 Medical visits (not paid by insurance) 625 Prescriptions (not paid by insurance) 380 Real property taxes on residence 1,800 Mortgage interest on principal residence 8,560 Contribution to First Baptist Church of Kentucky (Qualified Charity) 7,000 Fee paid to Jones & Company, CPAs for tax preparation 200 In addition, Melissa paid $2,500 of interest on her student loan. During the year, the Grants’ personal belongings were damaged by a federally declared disaster in September of the current year. All the items are considered damaged in one event. Item Purchase Date Decline in FMV Tax Basis of Item Insurance Reimbursement Received Laptop computer and Printer 09/01/2013 3,000 3,000 500 Rifle 03/01/2010 12,000 12,500 500 TV/Projector 03/01/2010 5,000 13,000 1,000 2005 Honda Pilot 07/01/2011 4,000 6,500 500 The Grants do not want to contribute to the Presidential Election Campaign and do not have any virtual currency. 1

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