COMPLETE IRS FORM 1040 FOR THIS YEAR 2021 when answering can list line number 1-38 and what goes in on that line OR the form is available on IRS website just type in on search bar 1040 form on their website to download form.

Based on the case below, please fill out form 1040

Denise Lopez, age 40, is single and has no dependents. She is employed as a legal secretary by Legal Services, Inc. She owns and operates Typing Services located near the campus of Florida Atlantic University at 1986 Campus Drive, Boca Raton, FL 33434. Denise is a material participant in the business, she is a cash basis taxpayer, and her Social Security number is 123-45-6781. Denise lives at 2020 Oakcrest Road, Boca Raton, FL 33431. Denise wants to designate $3 to the Presidential Election Campaign Fund. She has never owned or used any virtual currency. Denise received the appropriate coronavirus recovery rebates (economic impact payments); related questions in ProConnect Tax should be ignored. During 2020, Denise had the following income and expense items:

1. $100,000 salary from Legal Services, Inc.

2. $20,000 gross receipts from her typing services business.

3. $700 interest income from Third National Bank.

4. $1,000 Christmas bonus from Legal Services, Inc.

5. $60,000 life insurance proceeds on the death of her sister.

6. $5,000 check given to her by her wealthy aunt.

7. $100 won in a bingo game.

8. Expenses connected with Typing Services:

   Office rent	$7,000
   Supplies	4,400
   Utilities and telephone	4,680
   Wages to part-time typists	5,000
   Payroll taxes	500
   Equipment rentals	3,000

9. $9,500 interest expense on a home mortgage (paid to Boca Raton Savings and Loan).

10. $15,000 fair market value of silverware stolen from her home by a burglar on October 12, 2020. Denise had paid $14,000 for the silverware on July 1, 2010. She was reimbursed $10,000 by her insurance company.

11. Denise had loaned $2,100 to a friend, Joan Jensen, on June 3, 2016. Joan declared bankruptcy on August 14, 2020, and was unable to repay the loan. Assume that the loan is a bona fide debt.

12. Legal Services, Inc., withheld Federal income tax of $15,000 and the appropriate amount of FICA tax from her wages.

13. Alimony of $10,000 received from her former husband, Omar Guzman; divorce was finalized on December 2, 2013, and no changes have been made to the divorce decree since that time.

14. Interest income of $800 on City of Boca Raton bonds.

15. Denise made estimated Federal tax payments of $2,000.

16. Sales taxes from the sales tax table of $953.

17. Property taxes on her residence of $3,200.

18. Charitable contribution of $2,500 to her alma mater, Citrus State College.

19. On November 1, 2020, Denise was involved in an automobile accident. At the time of the accident, her automobiles FMV was $45,000. After the accident, the automobiles FMV was $38,000. Denise acquired the car on May 2, 2019, at a cost of $52,000. Denises car was covered by insurance, but because the policy had a $5,000 deduction clause, Denise decided not to file a claim for the damage.

20. 

1040 Department of the Treasury - Internal Revenue Service (99) U.S. Individual Income Tax Return 2020 OMB No. 1545-0074 IRS Use Only-Do not write or staple in this space. Filing Status Single Married filing jointly Married filing separately (MFS) Head of household (HOH) Qualifying widow(er) (QW) Check only one box If you checked the MFS box, enter the name of your spouse. If you checked the HOH or QW box, enter the child's name if the qualifying person is a child but not your dependenti Your first name and middle initial Last name Your social security number If joint return, spouse's first name and middle initial Last name Spouse's social security number State to you Home address (number and street). If you have a P.O. box, see instructions. Apt. no. Presidential Election Campaign Check here if you, or your City, town, or post office. If you have a foreign address, also complete spaces below. ZIP code spouse if filing jointly, want $3 to go to this fund. Checking a box below will not change Foreign country name Foreign province/state/county Foreign postal code your tax or refund. You Spouse At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency? Yes No Standard Someone can claim: You as a dependent Your spouse as a dependent Deduction Spouse itemizes on a separate return or you were a dual-status alien Age/Blindness You: Were born before January 2, 1956 Are blind Spouse: Was born before January 2, 1956 Is blind Dependents (see instructions): (2) Social security (3) Relationship (4) Vit qualifies for (see instructions): (1) First name If more number Last name Child tax credit Credit for other dependents than four dependents, see instructions and check here 1 Wages, salaries, tips, etc. Attach Form(s) W-2 1 Attach 2a Tax-exempt interest 2a b Taxable interest 2b Sch. Bit 3a Qualified dividends 3a b Ordinary dividends 3b required. 4a IRA distributions. 4a b Taxable amount 4b 5a Pensions and annuities 5a b Taxable amount. 5b Standard 6a Social security benefits. b Taxable amount. 6b Deduction for 7 Capital gain or loss). Attach Schedule D if required. If not required, check here 7 Single or Married filing 8 Other income from Schedule 1, line 9. 8 separately, $12,400 9 Add lines 1, 2, 3, 4, 5, 6, 7, and 8. This is your total income 9 Married filing 10 Adjustments to income: 9 10a 10b separately, $12,400 9 Add lines 1, 2, 3, 4, 5, 6, 7, and 8. This is your total income Married filing 10 Adjustments to income: jointly or Qualifying a From Schedule 1, line 22 widower). b Charitable contributions if you take the standard deduction. See instructions $24.800 Head of c Add lines 10a and 10b. These are your total adjustments to income household $18,650 11 Subtract line 10c from line 9. This is your adjusted gross income If you checked 12 Standard deduction or itemized deductions (from Schedule A) any box under Standard 13 Qualified business income deduction. Attach Form 8995 or Form 8995-A Deduction, 14 Add lines 12 and 13. see instructions. 15 Taxable income. Subtract line 14 from line 11. If zero or less, enter-O-. For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. 10c 11 12 13 14 15 Cat. No. 11320B Form 1040 (2020) Page 2 2 U 3 22 23 Form 1040 (2020) 16 Tax (see instructions). Check if any from Form(s): 1 8814 4972 16 17 Amount from Schedule 2, line 3 17 18 Add lines 16 and 17. 18 19 Child tax credit or credit for other dependents 19 20 Amount from Schedule 3, line 7 20 21 Add lines 19 and 20 21 22 Subtract line 21 from line 18. If zero or less, enter-O- 23 Other taxes, including self-employment tax, from Schedule 2, line 10 24 Add lines 22 and 23. This is your total tax 24 25 Federal income tax withheld from: a Form(s) W-2 25a b Form(s) 1099 25b c Other forms (see instructions) 25c d Add lines 25a through 25c. 25d 26 If you have a 2020 estimated tax payments and amount applied from 2019 return 26 qualifying child, 27 Earned income credit (EIC). 27 attach Sch. EIC. . If you have 28 Additional child tax credit. Attach Schedule 8812 28 nontaxable 29 29 combat pay. American opportunity credit from Form 8863, line 8. see instructions.) 30 Recovery rebate credit. See instructions. 30 31 Amount from Schedule 3, line 13 31 32 Add lines 27 through 31. These are your total other payments and refundable credits 32 33 Add lines 25d, 26, and 32. These are your total payments 33 34 Refund If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you overpaid 34 35a Amount of line 34 you want refunded to you. If Form 8888 is attached, check here 35a Direct deposit? Routing number c Type: Checking Savings See instructions. Account number 36 Amount of line 34 you want applied to your 2021 estimated tax 36 Amount 37 Subtract line 33 from line 24. This is the amount you owe now 37 You Owe Note: Schedule H and Schedule SE filers, line 37 may not represent all of the taxes you owe for For details on how to pay, see 2020. See Schedule 3, line 12e, and its instructions for details. instructions. 38 Estimated tax penalty (see instructions) 38 Third Party Do you want to allow another person to discuss this return with the IRS? See Designee instructions Yes. Complete below. No Designee's Phone Personal identification name no. number (PIN) Sign Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Here If the IBS montuou an Identity e type con 1 1040 Department of the Treasury - Internal Revenue Service (99) U.S. Individual Income Tax Return 2020 OMB No. 1545-0074 IRS Use Only-Do not write or staple in this space. Filing Status Single Married filing jointly Married filing separately (MFS) Head of household (HOH) Qualifying widow(er) (QW) Check only one box If you checked the MFS box, enter the name of your spouse. If you checked the HOH or QW box, enter the child's name if the qualifying person is a child but not your dependenti Your first name and middle initial Last name Your social security number If joint return, spouse's first name and middle initial Last name Spouse's social security number State to you Home address (number and street). If you have a P.O. box, see instructions. Apt. no. Presidential Election Campaign Check here if you, or your City, town, or post office. If you have a foreign address, also complete spaces below. ZIP code spouse if filing jointly, want $3 to go to this fund. Checking a box below will not change Foreign country name Foreign province/state/county Foreign postal code your tax or refund. You Spouse At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency? Yes No Standard Someone can claim: You as a dependent Your spouse as a dependent Deduction Spouse itemizes on a separate return or you were a dual-status alien Age/Blindness You: Were born before January 2, 1956 Are blind Spouse: Was born before January 2, 1956 Is blind Dependents (see instructions): (2) Social security (3) Relationship (4) Vit qualifies for (see instructions): (1) First name If more number Last name Child tax credit Credit for other dependents than four dependents, see instructions and check here 1 Wages, salaries, tips, etc. Attach Form(s) W-2 1 Attach 2a Tax-exempt interest 2a b Taxable interest 2b Sch. Bit 3a Qualified dividends 3a b Ordinary dividends 3b required. 4a IRA distributions. 4a b Taxable amount 4b 5a Pensions and annuities 5a b Taxable amount. 5b Standard 6a Social security benefits. b Taxable amount. 6b Deduction for 7 Capital gain or loss). Attach Schedule D if required. If not required, check here 7 Single or Married filing 8 Other income from Schedule 1, line 9. 8 separately, $12,400 9 Add lines 1, 2, 3, 4, 5, 6, 7, and 8. This is your total income 9 Married filing 10 Adjustments to income: 9 10a 10b separately, $12,400 9 Add lines 1, 2, 3, 4, 5, 6, 7, and 8. This is your total income Married filing 10 Adjustments to income: jointly or Qualifying a From Schedule 1, line 22 widower). b Charitable contributions if you take the standard deduction. See instructions $24.800 Head of c Add lines 10a and 10b. These are your total adjustments to income household $18,650 11 Subtract line 10c from line 9. This is your adjusted gross income If you checked 12 Standard deduction or itemized deductions (from Schedule A) any box under Standard 13 Qualified business income deduction. Attach Form 8995 or Form 8995-A Deduction, 14 Add lines 12 and 13. see instructions. 15 Taxable income. Subtract line 14 from line 11. If zero or less, enter-O-. For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. 10c 11 12 13 14 15 Cat. No. 11320B Form 1040 (2020) Page 2 2 U 3 22 23 Form 1040 (2020) 16 Tax (see instructions). Check if any from Form(s): 1 8814 4972 16 17 Amount from Schedule 2, line 3 17 18 Add lines 16 and 17. 18 19 Child tax credit or credit for other dependents 19 20 Amount from Schedule 3, line 7 20 21 Add lines 19 and 20 21 22 Subtract line 21 from line 18. If zero or less, enter-O- 23 Other taxes, including self-employment tax, from Schedule 2, line 10 24 Add lines 22 and 23. This is your total tax 24 25 Federal income tax withheld from: a Form(s) W-2 25a b Form(s) 1099 25b c Other forms (see instructions) 25c d Add lines 25a through 25c. 25d 26 If you have a 2020 estimated tax payments and amount applied from 2019 return 26 qualifying child, 27 Earned income credit (EIC). 27 attach Sch. EIC. . If you have 28 Additional child tax credit. Attach Schedule 8812 28 nontaxable 29 29 combat pay. American opportunity credit from Form 8863, line 8. see instructions.) 30 Recovery rebate credit. See instructions. 30 31 Amount from Schedule 3, line 13 31 32 Add lines 27 through 31. These are your total other payments and refundable credits 32 33 Add lines 25d, 26, and 32. These are your total payments 33 34 Refund If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you overpaid 34 35a Amount of line 34 you want refunded to you. If Form 8888 is attached, check here 35a Direct deposit? Routing number c Type: Checking Savings See instructions. Account number 36 Amount of line 34 you want applied to your 2021 estimated tax 36 Amount 37 Subtract line 33 from line 24. This is the amount you owe now 37 You Owe Note: Schedule H and Schedule SE filers, line 37 may not represent all of the taxes you owe for For details on how to pay, see 2020. See Schedule 3, line 12e, and its instructions for details. instructions. 38 Estimated tax penalty (see instructions) 38 Third Party Do you want to allow another person to discuss this return with the IRS? See Designee instructions Yes. Complete below. No Designee's Phone Personal identification name no. number (PIN) Sign Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Here If the IBS montuou an Identity e type con 1