ACCT 1125, Individual Federal Income Tax 2020 Sample Problem 2A Samantha A. Stephens, S.S. 252-41-7963, is a 26-year old unmarried mother of one. She lives at 456 Black Diamond Lane, Snowshoe, GA 31079. Samantha works as an accountant at Miller & Associates. Her W-2 for 2019 shows the following amounts: Gross Wages: Federal Income Tax Withheld: Social Security Tax Withheld: Medicare Tax Withheld: $32,000 $ 400 $ 1,984 $ 464 She also had the interest income from the following: Interest: Wells Fargo Bank $405 US Savings Bonds $750 Main Street Bank $425 Information on her child is as follows: Tabitha Stephens, S.S.# 252-45-1296, bom 7/14/09. Tabitha earned $4,500 during 2019 (she has been featured in several canoe advertisements as a child model) Tabitha lived with Samantha for the entire year. Samantha paid all costs associated with the apartment in which they live, as well as all items of support for Tabitha. During 2019, Samantha paid $2,600 to KidKare, EINW 58-4561123, 1753 Wits End Way, Whiteout, GA 30328, for the care of Tabitha while she worked. Samantha also paid $1,200 to Robin Dire during 2019 for the care of Tabitha while she worked weekends during tax season. Ms Dire lives at 5839 Purple Rival Way, Dagger, GA 30048. Her social security number is 256-78-8463. Tabitha has a 15-year old cat, Mr. Scratchy, who is blind, and lays around the house all day. Samantha pays 100% of the support for Mr. Scratchy. She has not been able to obtain a social security number for Mr. Scratchy as of yet. COMPLETE FORM 1040, WITH ALL REQUIRED SCHEDULES, WORKSHEETS, AND ATTACHMENTS, FOR SAMANTHA STEPHENS Notes: Before completing the Child Tax Credit Worksheet, you must complete all other credit forms and worksheets. ACCT 1125, Individual Federal Income Tax 2020 Sample Problem 2A Samantha A. Stephens, S.S. 252-41-7963, is a 26-year old unmarried mother of one. She lives at 456 Black Diamond Lane, Snowshoe, GA 31079. Samantha works as an accountant at Miller & Associates. Her W-2 for 2019 shows the following amounts: Gross Wages: Federal Income Tax Withheld: Social Security Tax Withheld: Medicare Tax Withheld: $32,000 $ 400 $ 1,984 $ 464 She also had the interest income from the following: Interest: Wells Fargo Bank $405 US Savings Bonds $750 Main Street Bank $425 Information on her child is as follows: Tabitha Stephens, S.S.# 252-45-1296, bom 7/14/09. Tabitha earned $4,500 during 2019 (she has been featured in several canoe advertisements as a child model) Tabitha lived with Samantha for the entire year. Samantha paid all costs associated with the apartment in which they live, as well as all items of support for Tabitha. During 2019, Samantha paid $2,600 to KidKare, EINW 58-4561123, 1753 Wits End Way, Whiteout, GA 30328, for the care of Tabitha while she worked. Samantha also paid $1,200 to Robin Dire during 2019 for the care of Tabitha while she worked weekends during tax season. Ms Dire lives at 5839 Purple Rival Way, Dagger, GA 30048. Her social security number is 256-78-8463. Tabitha has a 15-year old cat, Mr. Scratchy, who is blind, and lays around the house all day. Samantha pays 100% of the support for Mr. Scratchy. She has not been able to obtain a social security number for Mr. Scratchy as of yet. COMPLETE FORM 1040, WITH ALL REQUIRED SCHEDULES, WORKSHEETS, AND ATTACHMENTS, FOR SAMANTHA STEPHENS Notes: Before completing the Child Tax Credit Worksheet, you must complete all other credit forms and worksheets
