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How would a tax form 1 0 4 0 be filled out passed off the informantion provided below. I am confused on how this relates.
How would a tax form be filled out passed off the informantion provided below. I am confused on how this relates.
Maria age is an employee of College Corp. Her salary is $ per month. Maria has a son, Dante, who is age and a daughter, Jazmine, who is age SCHEDULE
Form
Department of the Treasury
Internal Revenue Service
Additional Income and Adjustments to Income
Dante lives with his father, Marias former spouse. Maria was divorced on November and gives her former spouse $ per month as part of the divorce decree child support and alimony until Dante turns and then the amount drops to $ per month alimony only
Jazmine attends the state university and resides on campus but is supported by her mother. Maria withdrew the money for Jazmines tuition payment from her IRA.
Maria also participates in her employersponsored k plan. Maria contributed $ to her traditional IRA and paid $ of interest on Maria's student loan. Maria's total income on line of Form is $ Assume that the AGI contribution limit for traditional IRAs is $Part II Adjustments to Income
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