Brandon Flowers lives at 917 Chapel Lane, Las Vegas, Nevada 88901. He and his wife, Tana, got married in 2013, but they divorced in February 2021. Brandon has not remarried, and he has lived in a condo that he has rents from a local landlord since the divorce. Tana decided to move to nearby Crystal Springs after the divorce.

Per his divorce decree with Tana, executed February 2021, he has custody of their ten-year-old son, Ammon. While Ammon occasionally visits his mom on the weekends, he spends most of his time living with his dad in Las Vegas. The divorce decree stipulates that Tana must pay alimony to Brandon each year as long as he remains alive and single. It further stipulates that Tana must pay child support for Ammon. In 2021, Tana paid $10,000 of child support and $16,000 in alimony. The decree gives Tana the right to claim the dependency exemption, along with any associated credits, for Ammon as long as he is eligible to be a dependent of either parent. Brandon and Tana have already filed the necessary forms to make sure this happens.

Brandon is a US citizen. He would like to receive any tax refund he is owed via check. He has informed you that he has no interests in foreign bank accounts or foreign trusts, and that he would not like to contribute to the Presidential Election Campaign. Also, Brandon did not buy, sell, exchange, or otherwise acquire any financial interest in a virtual currency during 2021.

Brandon’s family information is listed in the below table:

Name	Age	SSN
Brandon	41	123-45-5678
Ammon	10	234-56-7890

During the year, Brandon worked for various companies. All appropriate payroll taxes were withheld by his employers. The Forms W-2 that Brandon received contains the following information:

Employer	Gross Wages	Federal Income Tax Withholding	State Income Tax Withholding
Hot Fuss, Inc.	$16,000	$2,600	$403
Sam’s Town, LLC	$10,500	$1,900	$723
Day & Age, LLC	$15,000	$2,250	$253

In addition, Brandon received the following income during the year:

Type of Income	Amount
Interest income from U.S. Treasury Bonds	$200
Interest income from Chase Bank, Inc.	$320
Interest income from a City of Las Vegas Bond	$610
Life insurance proceeds on the death of his grandfather	$96,000

Also, Brandon is a 25% owner of Killers, Inc., which is an S-corporation that reported $36,000 of ordinary business income in 2021. He has held his interest in the company for seven years. Brandon is not considered a passive investor in the company. Killers’ Employer Identification Number (EIN) is 13-49622587.

During the year, Sam’s Town, LLC, provided Brandon with $45,000 of group-term life insurance coverage. This cost the company $113.

In September, due to a downturn in the economy, Brandon lost his jobs at all three companies. He then went on unemployment and received a total of $1,800 in 2021. He has been searching for a new job ever since.

In October, Brandon won three tickets to a private Joy Williams concert in Lake Tahoe. He won the tickets from a local radio station. Each ticket was worth $1,000. There was no withholding on this amount at the time Brandon received the tickets.

Finally, Brandon informs you that he and Ammon had qualifying minimum health insurance coverage for the whole year.

Note: You may assume that there are no penalties for underpayments, late payments, or late filing. You may also ignore any alternative minimum tax implications. Finally, you do not need to prepare a Schedule K-1 for Brandon’s interest in Killers, Inc.

Required

Please complete Mr. Brandon Flowers’ 2021 problem and fill in Form 1040 along with all required forms.