The 2019 Federal income tax return for Janice Morgan

The 2019 Federal income tax return for Janice Morgan. Prepare the 2019 Federal income tax return for Janice Morgan. This is an individual assignment. It is required that you submit both the (1) tax return and a …

The 2019 Federal income tax return for Janice Morgan

Prepare the 2019 Federal income tax return for Janice Morgan. This is an individual assignment. It is required that you submit both the (1) tax return and a (2) brief explanation for each line item on the return.

Please submit the following forms:
(1) Cover page with your name

(2) 1040,

(3) Schedule 1,

(4) Schedule 2,

(5) Schedule A,

(6) Schedule C page 1,

(7) explanation (including calculation) for each line item on each form and schedule.

This explanation must include loss carryforwards and ending basis for limited partnerships. Additionally, a discussion of each of the above items must be made in the explanations (i.e. items 1 through 6). Normally, this tax return would require additional forms including schedule B, D, E, SE and form 4797, and also 6198, etc. However, I do not require them.
Instead, the required calculations/explanations will be sufficient.

More details;

Introduction to tax in Germany

Are you moving to Germany to work? 

Venturing to a new country is always an exciting experience.

And as you pack your bags and catch your flight, it’s likely that tax will be the furthest thing from your mind.

But coming to terms with the local tax system is a big part of settling into a new country.

And like any tax system, there’s a lot to know about Germany’s.

That’s why we’ve created this handy guide which breaks down everything you need to know about the German tax system!

The basics

The first thing to know about the German tax system is that any income you earn in Germany will be subject to income tax. However, you may be entitled to a refund at the end of the tax year.

Lohnsteuer (wage tax) alone accounts for a 3rd of the German government’s revenue and also is deducted directly from your wages by your employer.

Your employer, while calculating your Lohnsteuer, will not take into account any income related expenses. In other words, you may be entitled to claim some of your Lohnsteuer back at the end of the tax year, on December 31. You can claim your refund by filing an income tax return.