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Alice Johnson, Social Security number 222233334, is a single taxpayer and is employed as a secretary by State University of Florida. She has the following
Alice Johnson, Social Security number 222233334, is a single taxpayer and is employed as a secretary by State University of Florida. She has the following items pertaining to her income tax return for 2022: - Received a $30,000 salary from her employer, who withheld $4,200 federal income tax. - Received a gift of 1,000 shares of Ace Corporation stock with a $100,000 FMV from her mother. She also received $4,000 of cash dividends from the Ace Corporation. The dividends are qualified dividends. - Received $1,000 of interest income on bonds issued by the City of Tampa. - Received a regular stock dividend (nontaxable under Sec. 305) of 50 shares of Ace Corporation stock with a $5,000FMV. - Alice's employer paid $2,000 of medical and health insurance premiums on her behalf. - Received \$13,000 alimony from her ex-husband. They divorced on August 1, 2015. - State University provided $60,000 of group term life insurance. Alice is 42 years old, not a key employee, and employed by State University for all of 2022 . The table in the text is applicable. - Received a $1,000 cash award from her employer for being designated the Secretary of the Year. - Total itemized deductions are $10,000. - Alice did not have any transactions involving digital assets. - Alice wants any overpayment to be refunded to her. Complete Form 1040 and accompanying schedules for Alice Johnson's 2022 return. Alice Johnson, Social Security number 222233334, is a single taxpayer and is employed as a secretary by State University of Florida. She has the following items pertaining to her income tax return for 2022: - Received a $30,000 salary from her employer, who withheld $4,200 federal income tax. - Received a gift of 1,000 shares of Ace Corporation stock with a $100,000 FMV from her mother. She also received $4,000 of cash dividends from the Ace Corporation. The dividends are qualified dividends. - Received $1,000 of interest income on bonds issued by the City of Tampa. - Received a regular stock dividend (nontaxable under Sec. 305) of 50 shares of Ace Corporation stock with a $5,000FMV. - Alice's employer paid $2,000 of medical and health insurance premiums on her behalf. - Received \$13,000 alimony from her ex-husband. They divorced on August 1, 2015. - State University provided $60,000 of group term life insurance. Alice is 42 years old, not a key employee, and employed by State University for all of 2022 . The table in the text is applicable. - Received a $1,000 cash award from her employer for being designated the Secretary of the Year. - Total itemized deductions are $10,000. - Alice did not have any transactions involving digital assets. - Alice wants any overpayment to be refunded to her. Complete Form 1040 and accompanying schedules for Alice Johnson's 2022 return
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