Question
Based on this information, fill out the 1040 forms. Note: THESE ARE NOT REAL PEOPLE WITH MADE UP INFORMATION Cornstalk & Eliott 2020 Taxes: John
Based on this information, fill out the 1040 forms. Note: THESE ARE NOT REAL PEOPLE WITH MADE UP INFORMATION
Cornstalk & Eliott 2020 Taxes:
John Cornstalk with social security number 333-45-6789, birthday June 23, 1982
Married to
Susan Eliott with social security number 563-95-3421, birthday April 3, 1982
They live at 1204 Hatch Road in Colbert, WA 99005
Children:
George with social security 993-35-8649, June 12, 2006
Tammy with social security 109-32-5689, July 31, 2011
W-2 Information:
John Cornstalk, salary $220,000 with $68,000 withheld for Federal Income Tax
Susan Eliott, salary $288,000 with $76,000 withheld for Federal Income Tax
Facts:
- During 2020 John and Susan paid $39,000 in property taxes
During 2020: John and Susan
- Donated $2,000 to a Church in Boise, ID (Check)
- Donated $11,000 to Whitworth University of Spokane (Check)
- Donated $1,000 to a homeless woman they met while on their vacation in Los Angeles, California (x)
- Paid $9,000 cash for a California vacation to "de-stress" from work (x)
- Susan received $12,000 in interest income from Avista bonds (Check)
- Susan received $14,000 in municipal bond interest income from the City of Boston (Check)
- Susan received $1,000,000 cash inheritance from the estate of her father (x)
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