ifth-grade school teacher who earned a salary of $38.000 in 2020 She is 45 years old and has been divorced for four years. She receives $1200 of aimony payments each month from her former husband (divorced on 12/31/2016) Reba also rents out a small apartment building. This year Reba received 550,000 of rental payments from tenants and she incurred $19.500 of expenses associated with the rental Rebe and her daughter Heather 20 years old at the end of the year moved to Georgia in January of this year. Reba provides more than one-half of Heather's support. They had been living in Colorado for the past 15 years, but ever since her divorce. Reba has been wanting to move back to Georgia to be closer to her famly Luckily, last December a teaching position opened up and Reba and Heather decided to make the move. Reba paid e moving company $2.010 to move the personal belongings, and she and Heather spent two days driving the 1426 miles to Georgia Reba rented a home in Georgia Heather decided to continue living at home win her mom but she started attending school ful-time in January and throughout the rest of the year at a neatby university. She was awarded a $3.000 partial tuition scholarship this year, and Reba helped out by paying the remaining $500 tuition cost possible. Rebe thought it would be best to claim the education credit for these expenses Reba wasn't sure she would have enough items to help her benefit from emizing on hertax return. However, she kept track of several expenses this year that she thought might quality she was able to temize, Rebe paid $5.800 in state Income taxes and $12.500 in chareable contributions during the year. She also paid the following medical related expenses for herself and Heather Insurance and Medical care peres Presestion dici Nonprescriptionmedicine w contact lens Heathe S10 350 100 SU Shortly after the move. Reba got distracted while driving and she ran into a streets. The accident caused 5900 in damage to the car and gave her whiplash. Because the tears were less sa her insurance deductible, sne paid the entire cost of the repairs. Rebewest able to work for two months after the accident Fortunately, she received $2.000 from her disability Insurance Het employer, the cente Geory a School District, Dald 60 percent of the premiums on the policy as a notable fringe benefit and Reba pale the remaining 40 percent portion A few years ago. Reba acquired several investments with toto of the voice setement. This year she reported the to lowing income from her investments S2 200 of interest income from corporate bones and $1500 interest income from City of Denver municipal bonds Overall Rebe's stock portfolo appreciated by $12.000, but she did not sell any of her stocks Heather reported $6.200 of interest Income from corporate gonda che receved as gifts from her father over the last several years. This was Heather's ony source of income for the year Rebabad $10.000 of federal income taxes Withheld by her employes Heather made $1000 of estimated tax payments during the yeat Reba did not make any estimated payments. Rebehad onlying insurance for purposes of the Affordable Care Act (ACA a. Determine Reba's federal income taxes due or taxes payable for the current yeat Use Tax Rate Schedule for referense. (Do not round Intermediate values. Round your final answers to the nearest whole dollar amount. Leave no answer blank, Enter zero applicable.) Answer is complete but not entirely correct. Description Amount Gross Income Salary Alimony received IS IS 38,000 14.4002 50,000 Rental receipts $ $ 1.200 Disability insurance payments Interest income from corporate bonds Interest income from municipal bonds OOOOOO B $ 2.200 (5 Gross income S 5 105,800 Deductions for AGI: 15 (2) $ Expenses for rental property Total for AGI deductions AGI From AGI deductions 19.500 10.500 36.300 (3) IS Medical expenses State income taxes (4) Charitable contributions Totalitemized deductions Standard deduction Greater of itemized deductions or standard deduction IS 0723 5 5.800 5 12.500 S (19.272) IS 18.3503 IS 10.272 $ 07.028 (0) Taxable income (7) (D) Tax on table income $ 0.184 (D Credits IS (10) 5 aas 10.000 (1.5013 Tax prepayments Torx refund OS 2020 Tax Rate Schedules Individuals Schedule X-Single If taxable income is over: But not over: The tax is: $ 0 $ 9.875 10% of taxable income $ 9.875 $ 40,125 $987.50 plus 12% of the excess over $9,875 S 40,125 S 85,525 54.617.50 plus 22% of the excess over $40.125 S 85,525 S163,300 S14,605.50 plus 24% of the excess over $85,525 $163,300 $207,350 $33,271,50 plus 32% of the excess over $163.300 $207,350 $518,400 $47,367.50 plus 35% of the excess over $207,350 $518.400 S156,235 plus 37% of the excess over $518.400 0 Schedule Y-1-Married Filing Jointly or Qualifying Widow(er) If taxable income is over: But not over: The tax is: S S 19.750 10% of taxable income $ 19,750 $ 80.250 $1,975 plus 12% of the excess over $19.750 $ 80.250 $171,050 $9,235 plus 22% of the excess over $80,250 $171,050 $326,600 $29.211 plus 24% of the excess over $171,050 $326,600 $414,700 $66,543 plus 32% of the excess over $326,600 $414,700 $622,050 $94,735 plus 35% of the excess over $414,700 $622,050 $167.307.50 plus 37% of the excess over $622.050 42 Schedule Z-Head of Household If taxable income is over: But not over: $ 0 $ 14,100 $ 14,100 $ 53,700 S 53,700 $ 85,500 $ 85,500 $163,300 S163,300 $207,350 $207,350 $518,400 $518,400 The tax is: 10% of taxable income $1.410 plus 12% of the excess over $14.100 S6,162 plus 22% of the excess over $53,700 $13,158 plus 24% of the excess over $85,500 $31,830 plus 32% of the excess over $163,300 $45.926 plus 35% of the excess over $207,350 S154.793.50 plus 37% of the excess over $518,400 Schedule Y-2-Married Filing Separately If taxable income is over: But not over: The tax is: $ 0 $ 9,875 10% of taxable income $ 9,875 $ 40,125 $987.50 plus 12% of the excess over $9.875 $ 40,125 S 85,525 $4,617.50 plus 22% of the excess over $40,125 S 85,525 $163,300 $14,605,50 plus 24% of the excess over $85.525 $163,300 $207,350 $33.271.50 plus 32% of the excess over $163,300 $207,350 $311,025 $47,367.50 plus 35% of the excess over $207,350 $311,025 $83,653.75 plus 37% of the excess over $311,025