1.1. Compute the taxable income for 2020 for Marvin on the basis of the following information. His filing status is single.

Salary $8000

Interest income from bonds issued by City of Sacramento 2000

Alimony payments made 7,200

Contribution to traditional IRA 5000

Gift from grandparents 40,000

Capital loss from stock investment (4,000)

Amount won in football office pool(Sports gambling is against the law where Marvin lives) 2,500

Number of dependents (uncle and aunt who live in another state) 2

age 40

2.Compute the taxable income for 2020 for Alexis on the basis of the following information. Alexis is married but has not seen or heard from her husband since 2017.

Salary $70000

interest on bonds issued by Panda Corporation 4,000

Interest on CD issued by PNC Bank 3000

Cash dividend received on GE common Stock 1,200

Life insurance proceeds paid on death of aunt (Alexis was the designated beneficiary of the policy) 50,000

Inheritance received on death of aunt 3,00,000

Carlton (a cousin) repaid a loan Alexis made to him in 2006 (no interest was provided for). 5,000

Itemized deductions (state income tax, property taxes on a residence, interest on a home mortgage, charitable contributions) 8,200

Number of dependents (children, ages 13, 14, and 15) 3

age 39

3.3. Determine the number of personal and dependency exemptions in each of the following independent situations

[Leo and Amanda (age 48 and 46) are husband and wife and furnish more than 50% of the support of their two children, Elton (age 18) and Trista (age 24). During the year, Elton earns $4,500 providing transportation for elderly persons with disabilities, and Trista receives a $5,000 scholarship for tuition at the law school she attends

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4.4. Determine the number of personal and dependency exemptions in each of the

[Alberto, a U.S. citizen and resident, contributes 100% of the support of his parents who are citizens of Mexico and live there]

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5. Determine the number of personal and dependency exemptions in each of the following independent situations

[Marcus (age 68) and Alice (age 65 and blind) file a joint return. They furnish more than 50% of the support of a cousin, Ida, who lives with them. Ida (age 20) is a full time student and earns $4,000 during the year tutoring special needs children]

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6. In each of the following independent situations, determine Winstons filing status. Winston is not married

[Winston lives alone but maintains a household in which his married daughter, Karin, lives. Both Karin and her husband (Winstons son-in-law) qualify as Winstons dependents]

Single

Head of household

Married filed jointly

Married filed separately

Surviving spouse

7. Using the Tax Rate Schedules, compute the 2020 tax liability for each taxpayer

[Miles (age 42) is a surviving spouse and provides all of the support of his four minor children who live with him. He also maintains the household in which his parents live and furnished 60% of their support. Besides interest on City of Dallas bonds in the amount of $1,500, Miless father received $2,400 from a part-time job. Miles has a salary of $80,000, a short-term capital loss of $4,000, a cash prize of $1,000 from a church raffle, and itemized deductions of $9,500.]

8. Determine the number of dependency exemptions in each of the following independent situations

[Andy maintains a household that incudes a cousin (age 12), a niece (age 18), and a son (age 26). All are full0time students. Andy furnishes all of their support.]

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please answer all this questions correctly i need it within a hour thankyou