Comprehensive Problem 1-2A
Hardy and Dora Knox are married and file a joint return for 2020. Hardy's Social Security number is 466-47-3311 and her birthdate is January 4, 1976. Dora's Social Security number is 467-74-4451 and her birthday is July 7, 1975. They live at 143 Maple Street, Knoxville, TN 37932. For 2020, Hardy did not work, and Dora's W-2 from her teaching job is attached below.
Hardy and Dora have a son named Fort (birthdate December 21, 2000, Social Security number 552-52-5552), who is a dependent living with them, is not a full-time student, and generates $5,200 of gross income for himself. Hardy and Dora received a $2,400 EIP in 2020.
Required: Complete Form 1040 for Hardy and Dora for the 2020 tax year.
- The taxpayers had health coverage for the full year.
- Neither taxpayer wishes to contribute to the presidential election campaign.
- Enter all amounts as positive numbers.
- If an amount box requires no entry or the amount is zero, enter "0".
- If required, round amounts to the nearest dollar****USING ABOVE Dora's W-2 from her butcher's job Complete Form 1040 for Dora and Hardy for the 2020 tax year.
Dora's W-2 Form Dora's W-2 from her butcher's job showed the following: Safe, accurate, a Employee's social security number 467-74-4451 OMB No. 1545-0008 irse ~ file Visit the IRS website at www.irs.gov/efile FAST! Use b Employer identification number (EIN) 33-0711111 1 Wages, tips, other compensation 51,020.40 2 Federal income tax withheld 3,052.87 c Employer's name, address, and ZIP code 3 Social security wages 51,020.40 4 Social security tax withheld 3,163.26 Knoxville Unified School District 1700 Harding Valley Street Knoxville, TN 37932 5 Medicare wages and tips 51,020.40 6 Medicare tax withheld 739.80 7 Social security tips 8 Allocated tips d Control number 9 10 Dependent care benefits e Employee's first name and initial Last name Suff. 11 Nonqualified plans 12a See instructions for box 12 Dora Knox 13 Statutory employee Retirement plan Third-party sick pay Code 1 143 Maple Street Knoxville, TN 37932 12b 14 Other Code 1 12c Code 1 12d Code 1 f Employee's address and ZIP code 16 State wages, tips, etc. 17 State income tax 18 Local wages, tips, etc. 19 Local income tax 15 State Employer's state ID number TN 20 Locality name Dora's W-2 Form Dora's W-2 from her butcher's job showed the following: Safe, accurate, a Employee's social security number 467-74-4451 OMB No. 1545-0008 irse ~ file Visit the IRS website at www.irs.gov/efile FAST! Use b Employer identification number (EIN) 33-0711111 1 Wages, tips, other compensation 51,020.40 2 Federal income tax withheld 3,052.87 c Employer's name, address, and ZIP code 3 Social security wages 51,020.40 4 Social security tax withheld 3,163.26 Knoxville Unified School District 1700 Harding Valley Street Knoxville, TN 37932 5 Medicare wages and tips 51,020.40 6 Medicare tax withheld 739.80 7 Social security tips 8 Allocated tips d Control number 9 10 Dependent care benefits e Employee's first name and initial Last name Suff. 11 Nonqualified plans 12a See instructions for box 12 Dora Knox 13 Statutory employee Retirement plan Third-party sick pay Code 1 143 Maple Street Knoxville, TN 37932 12b 14 Other Code 1 12c Code 1 12d Code 1 f Employee's address and ZIP code 16 State wages, tips, etc. 17 State income tax 18 Local wages, tips, etc. 19 Local income tax 15 State Employer's state ID number TN 20 Locality name