Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem. Assume all taxpayers did NOT receive, sell, send, exchange, or otherwise acquire any financial Interest in any virtual currency during the year. Brenda Peterson is single and lives at 567 East Street, Marshfield, MA 02043. Her SSN is 412-34-5670. She worked the entire year for Applebee Consulting in Marshfield. Her Form W-2 contained information in the following boxes: Wagen (box 1) $ 67,155.25 Yederal W/H (box2) 8.366.12 social security wages (box 3) $ 67,155.75 Social security W/(box) 3.4.163.66 Medieare wages (box 5) 67,155.75 Medicare W/R (box 6) $973.76 She also received two Forms 1099-INT. One was from First National Bank of Marshfield and showed interest income of $53739 in box 1. The other Form 1099-INT was from Baystate Savings and Loan and showed Interest income of $78170 In box 1. Brenda had quallfying health care coverage at all times during the tax year. Required: Prepare a Form 1040 for Brenda. (Input all the values as positive numbers. Round your final answers to the nearest whole dollar amount.) Use the appropriate Tax Tables Single Chock only Form 1040 Department of the Tury-Irtomal Revenue Service (90) 2020 U.S. Individual Income Tax Return OMB No. 1545-0074 IRS e Only-Do not water or staple in this pain lling Status Married linguinty Manted Mong paratey (MP3) Head of household (OH) Outlying iteme com If you checked the MF box, enter the name of your spouse. If you checked the HOH or GW box, enter the name the welling person on box a child but not your dependent Your social security number Your first name and middle initial Last name (Enter as REKEKKE Brenda Peterson Spouse's social security number joint rolur, spouse's first name and middle initial Last name (Enter as RESEO Apt.no Home address (number and street) you have a PO box, sonstructions 1587 East Street City, town, or post office. If you have a foreign address, also complete spaces below Marshfield, MA 02043 Foreign country home Foreign provinciale county Presidential Election Campaign Check here if you, or your spouse Ring jointy, want to go to this fund Checking a box below will not change your tax or refund You spour Foreign postal code At any time during 2020, did you receivel, send exchange or otherwise acquire any financial interest in any virtual current Yes No Standard Someone can claim: You on a dependent Yours dependent Deduction sous lemoes on a separatis retum or you were a dus laturation Was born before Yanuary 2 Ago/Blindness You Wora bombafora January 2, 1909 bind Spouse bind 1956 Dependents (instructions) (2) Social security number (3) Rent to you 19 for (intro) Credit for other If more than four (1) First name Last name Chid tax credit (Enters X- dependent dependents, actors and check here EEE EEEE 1 Wages, los Altach Form W2 T. 1950 Dependents (3) Relationship to you ( Instructions (1) First name (2) Social Security number (Entrs --2001) Lastrama (4) i qualified for free hercom Child tax credit Credit for oth dependent more than four dependents, so instructions and check here JU 1 20 30 28283 45 5b ch 7 3 1 Wages, salaries, polo Altach Form() W-2 2a Terminal Altach sch Table interest rocuired sa Quilted dividende Ordinary dividende 4a TRA distribution Table amount sa Pensions and are Taxable amount Ga Social security benefits baxable amount 7 Capital gain or lon) Attach Schedule if required. If not required, check here Other noore from Schedule 1, in Add tires 1, 2, 3, 4, 68,007, and 8. This is your total income 10 Adjustments to come Standard Deduction for From Schedule 1. in 22 103 Single or Married ing party Cartable contribution you take the standard deduction to retructor 105 512400 Married ingy Add in 10 and 16. These we your total adjustments to income of Quality widowo 480011 Subtractin 10 from ine. This is your adjusted grous income Head of household, 12 Standard deduction or foued deduction from the A) If you checked any be unger side 1. Guitid tunino incomo deduction. Attach Form dolor Forma Doducions instruction 14 Add 1 12 and 13 10 Table Income brain from 10.00 or foster 6. For Dieur, Privacy Act, and paperwork Reduction Act Noc, prste instruction Cal No 113200 THE FORM IS A SIMULATION OF AN OPFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSEL DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL 2021 Mc Gww.dication 100 11 12 13 14 0 For 1040 (2020) Page 2 (3) 10 17 18 0 10 20 21 22 23 24 0 25 Fonn 1040 (2020) Bronda Peterson 16 Tax ( structions Check if any from For (1) 8014 (2) 4972 17 Amount from die 2. in 3 16 Aodlines 16 and 17 19 Chad tax creditor credit for other depende 20 Amount from Schedule in 21 Adres 13 and 20 22 Subtract the 21 from Ine 16. i 200 or less enter- 23 Cheras, including employment tax, from Schedule 2. The 10 24 Add 22 and 23. This is your total tax 25 Yederal nome tax withheld from Forma 2 b Forma 1000 Over om (son) do 25 rough 250 26 2020 media and not applied om 2019 retur if you have Quying 27 red hoc) tach sch if you 10 nad w credt Altach the 12 no combate 28 Account credit tom Ford ons 30 Recovery bale credit the instructions 31 Amount from Siche 313 32 Addne 97th 2. There your roll the payments and refundable credite 33rd, 20, and 12 These your totalmente 34 33 is more than 24, subtractine 24homine 33 This is the amount you overpuld Refund 35. Around of Ina A you warst refunded to you. If Yom 360 tached, check hom Direct depot Routing number os instruction Account number 30 Amount of time you want applied to your 2011 stated tax 250 250 25 26 27 20 29 30 31 32 0 33 34 35 Credere Saving 341 33 is more than line 24, bract line 24 from fire 33. This is the amount you overald 34 Refund 35 Amount of the 34 you want refunded to you. For attached, check here Routing number Type Checking Direct deposi? Saving Sentrum Account number 36 Amount of Ine you want applied to your 2021 dimated tex 36 Amount You 37 37 Subtract line 33 from line 24. This is the amount you owe now Owo Note: tichedule and Schedule She 37 may not represent of the acces you owo for 2020 S. Schedule For details on how to line 120, and its instruction for details paly se instructions 38 Estimated tax penahy (see instruction) Yes. Complete Third Party Do you want to low another person to do this with the 1975 retruction below Designer No Designes Phone Personal identification name no number (PIN) Sign Under penale per declare that I have examined his fun and accompanying schedules and statements, and to the best of my knowedge and ballet Here they are correct and complete. Declaration of prepare for yor bated on all information of which are has any knowledge the IRS ant you and Your sur De Your occupation Protection PIN, enterit Joint ? (est) Soins Koop a boy for the IRS sent your spousen Spouse's cup Spouse's signature of a jointtum, both most sign your code Identy Protection PIN anterie Phone no Prepare's name Email address Preparer's signum De PTIN Check it Seemployed Paid Preparer Use Only Phone no im EIN F Form104000) THIS PORM IS A SIMULATION OF AN OFFICIALUS TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THE FORM FOR TAK FILINOS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL 2021 McOw.duction Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem. Assume all taxpayers did NOT receive, sell, send, exchange, or otherwise acquire any financial Interest in any virtual currency during the year. Brenda Peterson is single and lives at 567 East Street, Marshfield, MA 02043. Her SSN is 412-34-5670. She worked the entire year for Applebee Consulting in Marshfield. Her Form W-2 contained information in the following boxes: Wagen (box 1) $ 67,155.25 Yederal W/H (box2) 8.366.12 social security wages (box 3) $ 67,155.75 Social security W/(box) 3.4.163.66 Medieare wages (box 5) 67,155.75 Medicare W/R (box 6) $973.76 She also received two Forms 1099-INT. One was from First National Bank of Marshfield and showed interest income of $53739 in box 1. The other Form 1099-INT was from Baystate Savings and Loan and showed Interest income of $78170 In box 1. Brenda had quallfying health care coverage at all times during the tax year. Required: Prepare a Form 1040 for Brenda. (Input all the values as positive numbers. Round your final answers to the nearest whole dollar amount.) Use the appropriate Tax Tables Single Chock only Form 1040 Department of the Tury-Irtomal Revenue Service (90) 2020 U.S. Individual Income Tax Return OMB No. 1545-0074 IRS e Only-Do not water or staple in this pain lling Status Married linguinty Manted Mong paratey (MP3) Head of household (OH) Outlying iteme com If you checked the MF box, enter the name of your spouse. If you checked the HOH or GW box, enter the name the welling person on box a child but not your dependent Your social security number Your first name and middle initial Last name (Enter as REKEKKE Brenda Peterson Spouse's social security number joint rolur, spouse's first name and middle initial Last name (Enter as RESEO Apt.no Home address (number and street) you have a PO box, sonstructions 1587 East Street City, town, or post office. If you have a foreign address, also complete spaces below Marshfield, MA 02043 Foreign country home Foreign provinciale county Presidential Election Campaign Check here if you, or your spouse Ring jointy, want to go to this fund Checking a box below will not change your tax or refund You spour Foreign postal code At any time during 2020, did you receivel, send exchange or otherwise acquire any financial interest in any virtual current Yes No Standard Someone can claim: You on a dependent Yours dependent Deduction sous lemoes on a separatis retum or you were a dus laturation Was born before Yanuary 2 Ago/Blindness You Wora bombafora January 2, 1909 bind Spouse bind 1956 Dependents (instructions) (2) Social security number (3) Rent to you 19 for (intro) Credit for other If more than four (1) First name Last name Chid tax credit (Enters X- dependent dependents, actors and check here EEE EEEE 1 Wages, los Altach Form W2 T. 1950 Dependents (3) Relationship to you ( Instructions (1) First name (2) Social Security number (Entrs --2001) Lastrama (4) i qualified for free hercom Child tax credit Credit for oth dependent more than four dependents, so instructions and check here JU 1 20 30 28283 45 5b ch 7 3 1 Wages, salaries, polo Altach Form() W-2 2a Terminal Altach sch Table interest rocuired sa Quilted dividende Ordinary dividende 4a TRA distribution Table amount sa Pensions and are Taxable amount Ga Social security benefits baxable amount 7 Capital gain or lon) Attach Schedule if required. If not required, check here Other noore from Schedule 1, in Add tires 1, 2, 3, 4, 68,007, and 8. This is your total income 10 Adjustments to come Standard Deduction for From Schedule 1. in 22 103 Single or Married ing party Cartable contribution you take the standard deduction to retructor 105 512400 Married ingy Add in 10 and 16. These we your total adjustments to income of Quality widowo 480011 Subtractin 10 from ine. This is your adjusted grous income Head of household, 12 Standard deduction or foued deduction from the A) If you checked any be unger side 1. Guitid tunino incomo deduction. Attach Form dolor Forma Doducions instruction 14 Add 1 12 and 13 10 Table Income brain from 10.00 or foster 6. For Dieur, Privacy Act, and paperwork Reduction Act Noc, prste instruction Cal No 113200 THE FORM IS A SIMULATION OF AN OPFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSEL DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL 2021 Mc Gww.dication 100 11 12 13 14 0 For 1040 (2020) Page 2 (3) 10 17 18 0 10 20 21 22 23 24 0 25 Fonn 1040 (2020) Bronda Peterson 16 Tax ( structions Check if any from For (1) 8014 (2) 4972 17 Amount from die 2. in 3 16 Aodlines 16 and 17 19 Chad tax creditor credit for other depende 20 Amount from Schedule in 21 Adres 13 and 20 22 Subtract the 21 from Ine 16. i 200 or less enter- 23 Cheras, including employment tax, from Schedule 2. The 10 24 Add 22 and 23. This is your total tax 25 Yederal nome tax withheld from Forma 2 b Forma 1000 Over om (son) do 25 rough 250 26 2020 media and not applied om 2019 retur if you have Quying 27 red hoc) tach sch if you 10 nad w credt Altach the 12 no combate 28 Account credit tom Ford ons 30 Recovery bale credit the instructions 31 Amount from Siche 313 32 Addne 97th 2. There your roll the payments and refundable credite 33rd, 20, and 12 These your totalmente 34 33 is more than 24, subtractine 24homine 33 This is the amount you overpuld Refund 35. Around of Ina A you warst refunded to you. If Yom 360 tached, check hom Direct depot Routing number os instruction Account number 30 Amount of time you want applied to your 2011 stated tax 250 250 25 26 27 20 29 30 31 32 0 33 34 35 Credere Saving 341 33 is more than line 24, bract line 24 from fire 33. This is the amount you overald 34 Refund 35 Amount of the 34 you want refunded to you. For attached, check here Routing number Type Checking Direct deposi? Saving Sentrum Account number 36 Amount of Ine you want applied to your 2021 dimated tex 36 Amount You 37 37 Subtract line 33 from line 24. This is the amount you owe now Owo Note: tichedule and Schedule She 37 may not represent of the acces you owo for 2020 S. Schedule For details on how to line 120, and its instruction for details paly se instructions 38 Estimated tax penahy (see instruction) Yes. Complete Third Party Do you want to low another person to do this with the 1975 retruction below Designer No Designes Phone Personal identification name no number (PIN) Sign Under penale per declare that I have examined his fun and accompanying schedules and statements, and to the best of my knowedge and ballet Here they are correct and complete. Declaration of prepare for yor bated on all information of which are has any knowledge the IRS ant you and Your sur De Your occupation Protection PIN, enterit Joint ? (est) Soins Koop a boy for the IRS sent your spousen Spouse's cup Spouse's signature of a jointtum, both most sign your code Identy Protection PIN anterie Phone no Prepare's name Email address Preparer's signum De PTIN Check it Seemployed Paid Preparer Use Only Phone no im EIN F Form104000) THIS PORM IS A SIMULATION OF AN OFFICIALUS TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THE FORM FOR TAK FILINOS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL 2021 McOw.duction