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Assignment: Complete a Form 1040 with corresponding attachments as applicable for Greg and Karen. Not all required information may be provided, so add an extra

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Assignment: Complete a Form 1040 with corresponding attachments as applicable for Greg and Karen. Not all required information may be provided, so add an extra page before or after your Form 1040 with other items you would ask Greg and Karen before finalizing your Form 1040. For example: Asking Greg and Karen whether they had a specific room in their house used solely for work in order to claim the office-in-home deduction. Greg and his wife Karen are utilizing your tax preparation services and have provided the following information: Greg and Karen are married filing joint and have two children ages 12 and 17. The 17-year-old has a part-time job 5 hours per week during the summer (June, July, and August) scooping ice cream at $10 per hour. [NOTE: Feel free to enter 123-45-6789 for the Social Security Numbers on the Form 10401 Greg: - Greg is a contractor (not an employee) and obtained a Form 1099 from his employer. The payments made to Greg totaled $130,000. - Greg has a side-hustle as an Uber driver and obtained a Form 1099. The payments made to Greg for driving the Uber totaled $10,000. - Greg receives alimony from his ex-spouse, Sam. In an agreement regarding the alimony payments, Greg received $12,000 from his ex-spouse. - Greg earned $1,500 on interest from corporate bonds. - Greg earned $500 on interest from municipal bonds for the city of Tallahassee. - Greg contributed $3,000 to his traditional IRA and contributed $4,000 to a Roth IRA. - As part of Greg's job, his employer expected him to cover the costs of computer equipment to do his work. Greg purchased the following during the year: O HP Computer - $800 o HP Printer - $200 o Ink for Printer - S60 o Web cam for zoom meetings - $100 o Lighting for zoom meetings - $50 11:42 4

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