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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

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. During 2021, 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, 2021. 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, 2021, 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, 2020, 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. Please use these forms from 2021 to complete this problem: 1040 form, Schedule 1, Schedule A, Schedule C, Schedule D and Form 8995. If you could download these forms and do this problem on these forms and fill out the tax return that would be great.

This should be for 2021. Can you please help with corresponding lines on the tax forms.

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