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John and Martha Holloway are married filing jointly. They are 35 and 31 years old, respectively. Their address is 10010 Dove Street, Atlanta, GA 30294.
John and Martha Holloway are married filing jointly. They are 35 and 31 years old, respectively. Their address is 10010 Dove Street, Atlanta, GA 30294. Additional information about Mr. and Mrs. Holloway is as follows: Social security number: John: 412345670 Date of birth: 3/4/1986 IV-2 for John shows these amounts: Wages(box1)FederalW/H(box2)Socialsecuritywages(box3)SocialsecurityW/H(box4)Medicarewages(box5)MedicareW/H(box6)=$22,000.00=$1,500.00=$22,000.00=$1,364.00=$22,000.00=$319.00 Social security number: Martha: 412-34-5671 Date of birth: 8/20/1990 W-2 for Martha shows these amounts: Wages ( box 1)=$35,500.00 Federal W/H (box 2) =$3,100.00 Social security wages (box 3 ) =$35,500.00 Social security W/H( box 4)=$2,201.00 Medicare wages ( box 5)=$35,500.00 Medicare W/H( box 6)= \$ 514.75 Form 1099-DIV for Martha shows this amount: Box 1a and box 1b=$345.00 from MAR Brokerage. Form 1099-INT for Martha shows these amounts: Box 1=$450.00 from ABC Bank. Box 4=$35.00. John is a maintenance worker, and Martha is a Human Resources Manager. John is a maintenance worker, and Martha is a Human Resources Manager. Required: Prepare Form 1040 for Mr. and Mrs. Holloway for 2021. They want to contribute to the presidential election campaign. Use the appropriate Tax Tables. Note: List the names of the taxpayers in the order in which they appear in the problem. Input all the values as positive numbers. 1040 for a couple Married Filing Jolntly with no dependents. Page 1 of Form 1040. Use provided information and follow instructions on form. 1 Wages, salaries, tips, etc. Atlach Form(s) W-2 2a Tax-exempt interest 3a Qualified dividends 4a IRA distributions 5a Pensions and annties 6a Social security benefits \begin{tabular}{|c|c|} \hline 2a & 0 \\ \hline 3a & 3450 \\ \hline 4a & 0 \\ \hline 5a & 0 \\ \hline 6a & 0 \\ \hline \end{tabular} 7 Capital gain or (loss). Attach Schedule D if required. If not required, check here 8 Other income from Schedule 1 , line 10 9 Add lines 1,2b,3b,4b,5b,6b,7, and 8 . This is your total income 10 Adjustments to incorme from Schedule 1 , line 26 11 Subtract line 10 from line 9 . This is your adjusted gross income 12a Standard deduction or itemized deductions (from Schedule A) b Chartable contributions if you take the standard deduction (see instructions) c Add lines 12a and 12b. 13 Qualified business income deduction from Form 8995 or Form 8995-A 14 Add lines 12c and 13 15 Taxable income. Subtract line 14 from line 11 . If zero or less, enter - 0 - b Taxable interest b Ordinary dividends b Taxable amount b Taxable amount b Taxable amount Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No 11320B Form 1040 THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF, DO NOT USE THIS FORM FOR TAX (2021) FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL, 2022 MCGraw-HIII Education. 16 Tax (see instructions). Check if any from Form(s): 17 Amount trom Schedule 2, line 3 18 Add lines 16 and 17 19 Nonrefundable chind tax credit or credit for other dependents from Schedule 8812 20 Amount from Schedule 3 , line 8 21 Add lines 19 and 20 22 Subtract line 21 from line 18 . If zero or less, enter -0- 23 Other taxes, including seff-employment tax, from Schedule 2, line 21 24 Add lines 22 and 23 . This is your total tax 25 Federal income tax withheld from: a Form(s) w2 b Form(s) 1099 c Other forms (see instructions) d Add lines 25a through 25c 262021 estimated tax payments and amount applied from 2020 return 27a Eamed income credi (EIC) Check here if you had not reached the age of 19 by December 31,2021 , and satisty all other requirements for claiming the EIC. See instructions b Nontaxable combat pay election c Prior year (2019) earned income 28 Refundable child tax credi or additional chind tax credit from Schedule BB12 29 American opporumity credn from Form 8B63, line B 30 Recovery rebate credn. See instuctions 31 Amount from Schedule 3 , line 15 (1) 8814 (2) 4972 (3) \begin{tabular}{|l|r|} \hline 16 & 4,393 \\ \hline 17 & 0 \\ \hline 18 & 4,393 \\ \hline 19 & 0 \\ \hline 20 & 0 \\ \hline 21 & 5,306 \\ \hline 22 & 0 \\ \hline 23 & 5,306 \\ \hline 24 & \\ \hline & \\ \hline 25d & \\ \hline & \\ \hline \end{tabular} 28 Refundable child tax credit or additional child tax credit from Schedule 8812 29 American opportunity credt from Form 8863 , line 8 30 Recovery rebate credr. See instructions 31 Amount from Schedule 3, line 15 32 Add lines 27 a and 28 through 31 . These are your total other payments and refundable credits 33 Add lines 25d, 26, and 32 . These are your total payments 34 If line 33 is more than line 24 , subtract line 24 from line 33 . This is the amount you overpaid 35 a Amount of line 34 you want refunded to you. If Form 8888 is attached, check here b Routing number c Type: d Account number 36 Amount of line 34 you want applied to your 2022 estimated tax 37 Amount you owe. Subtract line 33 from line 24. For details on how to pay, see instructions 38 Estimated tax penality (see instructions) Yes. Complete Do you want to allow another person to discuss this return with the IRS? See instructions below. No Designeels Phone Personal identification name no. number (PIN) Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Your signature \begin{tabular}{|l|l} Your occupation & IftheIRSsentyouanIdentityProtectionPIN,enterithere(seeinst.) \\ \hline Spouse's occupation & IftheIRSsentyourspouseanIdentityProtectionPIN,enterithereiseeinst.) \end{tabular}
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