1. James Dangell (birthdate August 2, 1976) is a single taxpayer. Jim's earnings and withholdings as the manager of a local casino for 2020 are reported on his Form W-2: oployee's cyber 555.94.9358 Employee 31-1459656 Elyanam, add ap code Lucky Ace Casino 700 N. Sierra Street Reno, NV 89503 Wat if we ON 1545-R FASTIU e.filewa Wap To ROCHET 192,000.00 24,500.00 Soniale SR 137.700.00 8,537.40 dewage and pre Medicare taulheid 200,000.00 2,900.00 Secially Ande to Dependent conteres Commuter O fede Cry's fast and James Dangell 911 Parr Blvd. Reno, NV 89512 sem notion for bor 13 D 8.000.00 fa W 1.200.00 SA 11 21 tingloyer's die donde Det Inloverete NVI 15 Steward Welcome to La 2020 Department of Treasury-how Anar Sanken W-2 wage and Tax Statement Copy - To Be Fled With Employee's FEDERAL Tax Retum The main is funked to their eve Service Jim's other income includes interest on a savings account at Nevada National Bank of $13,700. Jim pays his ex-spouse, Sarah McLoughlin, $3,900 per month in accordance with their February 12, 2019 divorce decree. When their 12-year-old child (in the ex-wife's custody) reaches the age of 18, the payments are reduced to $2,800 per month. His ex-wife's Social Security number is 554-44-5555. of AA In 2020, Jim purchased a new car and so he kept track of his sales tax receipts during the year. His actual sales tax paid is $3,650, which exceeds the estimated amount per the IRS tables. Jim participates in a high-deductible health plan and is eligible to contribute to a health savings account. His HSA earned $75 in 2020. During the year, Jim paid the following amounts (all of which can be substantiated): Credit card interest $1,760 Auto loan interest 4,300 Auto insurance 900 Property taxes on personal residence 2,988 Contributions to HSA 2,000 Income tax preparation fee 900 Charitable contributions (all cash): Boy Scouts 1,350 St. Matthews Church 3,100 Nevada Democratic Party 250 Fund-raising dinner for the Reno Auto Museum (value of dinner is $25) 100 In 2020, Jim inherited over $500,000 from his Uncle Travis that died in 2020. Although Jim invested a large portion, he also contributed $125,000 cash to the newly named Travis School of Criminal Justice at the University of Reno. Jim also received the following Form 1098: Jim also received the following Form 1098: 2020 Copy B CORRECTED Of checked RECENT SLENCERS, City or town, "Can Thema MURO 110 pradinity. BP or for postal code, and honere. rutely we Und lomat Reno Savings & Loan and the value Mortgage dey may be Interest 49 Commerce Street mon erate the www indby Statement Reno, NV 89501 sydby you, and red by Form 1098 1 Morgan interest rived from phone $ 18,888.78 RECIPENTYLENDERS TIN PAYER BORROWER & TIN 2 standing mengage For Payer/ Mortgage indion date principal Borrower 33-1234569 555-94-9358 $ 592,355.15 Mar 3, 2004 Thennast & Refund of ove paid Mortgage intrance rolandinger ht premium om diaborg PAYER SBORROWER'S name used to that you RS $ wegunda fler James Dangell Point paid on purchase of pinapaleiden regge penalty rate $ and may be don poulte RS Bladdress cluding pro 7 lladres of property securing mortgage rates than nyt of as PAVERS BORROWER'S addres, the bexi checked, 911 Parr Boulevard because you the address or description and in box added to more Chyor town, state or province, country, and 2P or foreign postal code Addros er den of property secur mortgage le the portieren bonde Reno, NV 89512 you do portretand of boxe Number of properties curing the 10 Other because you didi mortgage Norded in 1 Morage Account Number struction Fom 1088 Peep for your recorded www.Form1000 Department of the Treasury Internal Reveren Senice Required: Complete Jim's federal tax return for 2020. Use Form 1040, Schedule 1, Schedule A, Schedule B, and Form 8889 to complete this tax return. Make realistic assumptions about any missing data
