Comprehensive Problem 5-2A

Bea Jones (birthdate March 27, 1985) moved from Texas to Florida in January 2020 after divorcing her spouse in 2019. She and her daughter, Dee Jones (birthdate 5/30/2010, Social Security number 121-44-6666) live at 654 Ocean Way, Gulfport, FL 33707. Bea provides all of Dee's support. Bea can claim a child tax credit for Dee. Bea's Social Security number is 466-78-7359 and she is single.

Bea's other income includes interest on a savings account at Beach National Bank of $1,200 and $600 per month alimony from her ex-husband in accordance with their August 2019 divorce decree. In 2020, during the COVID pandemic, Bea's employer agreed to pay $5,250 of her student loans under the employee educational assistance plan. $4,500 went to the loan principal and the rest was interest. Unfortunately, that did not cover all of Bea's student loan payment and she was required to pay another $450 of student loan interest herself.

Bea received a $1,700 EIP in 2020.

In order to move herself and Dee after the divorce, Bea spent $800 moving her household goods (trailer rental), $200 on meals and $300 on lodging while traveling between Texas and Florida. The drive was 1,005 miles.

After moving to Gulfport, Bea sent Dee to a local private school for the remainder of 5th grade. Bea used $4,000 from Dees Section 529 plan to pay for private school tuition as reported on the Form 1099-Q below. Dee had always attended public schools in Texas.

Bea's employer operates a 401(k) plan, and although she is eligible, Bea does not participate.

During 2020, Bea paid the following amounts (all of which can be substantiated):

Home mortgage interest (1098 not shown)	$8,921
Auto loan interest	2,300
Property taxes on personal residence	3,200
Unreimbursed hospital bills	3,300
Doctor bills	2,612
Other deductible medical expenses	800
Income tax preparation fee	600
Job-hunting expenses	925
Contribution to IRA	3,300

After the divorce, Bea had to purchase a car for herself and all the furnishings for her home. She kept her receipts and has total sales taxes of $2,730, which exceeds the sales tax estimate from the IRS tables.

In September 2020, Tropical Storm Yuri struck Gulfport and a tree fell on Bea's home. Bea acquired the home in January 2020 for $112,000. The estimated loss in market value from damage was equal to her repair charge of $12,000. The damage caused by TS Yuri was declared a federal disaster (code EM-1212). Bea's deductible was quite high and her insurance company only reimbursed her $2,000.

information from : form W2 & 1099-Q

W 2	1099 -Q
Wage : $ 51,200	1. gross distribution :$ 4,000
federal income withheld : $ 3,600	2. earnings : $ 254 3. Basis : $ 3,746

Required: please help me soon and explain clearly please .. Complete Bea's Form 1040 :total income; .$........... ; Child tax credit or credit for other dependents :$........

and Schedules 1, Part 1: Additional Income Alimony received : .$...........; other income :..$.............

Part 2: Adjustments to income Moving expenses :.$....................IRA deduction:$ ..........; Student loan interest deduction: .$............... Adjusted gross income :.$..............

Schedules A : Medical and dental expenses: .$...........:; state and local real estate taxes : $.......; home mortgate interest and points reported : $.............Mortgate insurance premium:$.......

Form 4684. cost or other basis of each property:$.........; insurance or other reimbursement : $...................; fair market value before casuatly or theft $ .........

fair market value after casuatly or theft $ .........