As an experienced tax preparer, your friend David Smith has asked you to prepare a simple 1040 tax return with Schedule 1 and Schedule A. The following facts have been given to you to help prepare the return. Use the 2020 form 1040, Schedule 1, Schedule A along with the Tax Tables to prepare Davids 2020 tax return to your best ability.

Facts:

-David is single and doesnt have any children

- David earned $84,300 of W-2 Wages. Federal Tax withholding was $7,950. State tax withholding was $4,120.

- David had medical bills not covered by his employer totaling $3,100 for a root canal and crown

- David had taxable interest income of $40 from his bank.

- David had Ordinary dividends of $55 from some stock he owned.

- David paid property taxes on his condo of $5,100 during 2020

-David does not qualify for General Sales tax deduction due to his state not having sales tax.

- David was gifted $17,500 from his Father to help him buy a small condo in 2020.

- David inherited $30,000 from his grandmother during 2020

- David paid mortgage interest of $11,250 in 2020

- David had a state tax refund of $1,200 in 2019 received in 2020. David itemized his deductions in 2019.

- David sold stock during 2020 tax year for $500 that he had originally purchased in 2011 for $4,500.

- David moved into his new condo in February of 2020. His moving costs were $2,300.

- In 2020 David contributed $1,700 to Joe Biden Campaign. He also donated $450 to his church and $150 to Goodwill Store.

- David had student loan interest paid of $300 for 2020

- David made contribution to a qualified IRA not through his employer of $1,000 in 2020

-David had insurance through his employer for the period of February through end of the year and was on cobra for the month of January.

- David had a Theft of his Iphone that cost him $700 and was worth $700 when stolen

- David had the following expenses related to his W-2 job

A . Lunches away from the office on normal workday $250

B. New Suits and shirts for job $400

C. Computer for home that was required by his employer $1000

D. Travel to initial training for job not reimbursed by his employer $500

E. 30 mile roundtrip commute to his work every day that added up was $1000 for standard mileage rate.

Use 2020 Schedule A, 1040, and Schedule 1