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Correct Answers: The filing status of the taxpayer is Answer: Married Filing Jointly The number of dependents on the tax return is Answer: 2 Form

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The filing status of the taxpayer is Answer: Married Filing Jointly
The number of dependents on the tax return is Answer: 2
Form 1040 Line 1(W-2 Wages, enter without comma or $) Answer: 137950
Tax-exempt interest on Line 2a Answer: 600
Taxable interest on Line 2b Answer: 1405
Pensions and annuities (gross amount, Line 5a) Answer: 16000
Pensions and annuities (Taxable amount, Line 5b) Answer: 8000
Schedule 1 Line 1(Taxable refunds) Answer: 420
How much of the AFLAC income is taxable as part of "Other income" on Schedule 1(Line 8z)? Answer: 3000
Schedule-1(Line 9) Total other income Answer: 16225
The phase-out percentage for the student loan interest deduction is Answer: 80%
Schedule 1 Line 21 Student loan interest deduction. This number also applies to Form 1040, Line 10. Answer: 500
Schedule A Line 10(Interest You Paid) Answer: 8560
Schedule A Line 14(Gifts to Charity) Answer: 7000
Schedule-A Line 16(Other Itemized Deductions) Answer: 455
NEED ANSWERS TO:
Adjusted Gross Income before Student Loan Interest Deduction (Form 1040, Line #9)
2021 Form 1040 Line 11(Adjusted Gross Income)
Schedule-A Itemized Deductions Line 4(Medical and Dental Expenses)
Schedule A Line 7(Taxes You Paid)
Schedule A, Line 15 Casualty and Theft Losses (All items are considered one event)
2021 Form 1040 Line 12a (total Standard deduction or itemized deductions)
2021 Form 1040 Line 15(Taxable income)
2021 Form 1040 Line 16(Income tax liability)
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