Lance B. and Wanda H. Dean are married and live at 431 Yucca Drive, Los Angeles, CA 90008. Lance works for the convention bureau of the local chamber of commerce, while Wanda is employed part-time as a paralegal for a law firm. a. During 2020, the Deans had the following receipts: Salaries ($75,000 for Lance, $26,000 for Wanda) Interest income -- $101,000 Los Angeles general purpose bonds $1,000 Ford Motor Company bonds 1,100 Ally Bank certificate of deposit 400 2,500 Child support payment from John Wood 7,200 Annual gift from parents 26,000 Settlement from Roadrunner Touring Company 90,000 Lottery winnings 600 Federal income tax refund (for tax year 2019) 400 Wanda was previously married to John Allen. They legally finalized the divorce in 2018, Wanda was awarded custody of their two children, Penny and Kyle. (Note: Wanda was never issued a form 8332 wavier.) under the divorce decree, John was obligated to pay alimony and child support--the alimony payments were to terminate if Wanda remarried. In July, while going to lunch in downtown Los Angeles, Wanda was injured by a tour bus. As the driver was clearly at fault, the owner of the bus, Roadrunner Touring Company, paid for her medical expenses (including one-week stay in a hospital). To avoid a lawsuit, Roadrunner also transferred $90,000 to her in settlement of the personal injuries she sustained. The Deans has the following expenditures for 2020:Medical expenses (not covered by insurance) $7,200 TaxesProperty taxes on personal residence State of California income tax (includes amount $6,600 withheld from wages during 2020) 4,200 7,800 Interest on home mortgage 12,300 Paid church pledge 3,600 Life insurance premiums (policy on Lances life) 1,200 Contributions to traditional IRA (on Wandas behalf) 5,000 Traffic fines 300 Contributions to the reelection campaign fund of the Mayor of Los Angeles 500 Funeral expense for Wayne Boyle 6,300 The life insurance policy was taken out but several years ago and designates Wanda as the beneficiary. As a part time employee, Wanda is excluded from coverage under her employers pension plan. Consequently, she provides for her own retirement with a traditional IRA obtained at a local trust company. Because the mayor is a member of the local Chamber of Commerce, Lance felt compelled to make the political contribution. The Deans household includes the following, for whom they provide more than half of the support: Social Security Number Birth Date Lance Dean (age 42) 123-45-6786 12/16/1978 Wanda Dean (age 40) 123-45-6787 08/08/1980 Penny Allen (age 19) 123-45-6788 10/09/2001 Kyle Allen (age 17) 123-45-6789 05/03/2003 Wayne Boyle (age75) 123-45-6785 06/15/1945 Penny graduated from high school on May 9, 2020 and is undecided about college. During 2020, she earned $8,500 (placed in a savings account) playing a harp in the lobby if a local hotel. Wayne is Wandas widower father, who died on January 20, 2020. For the past few years, Wayne qualified as a dependent of the Deans. Federal income tax withheld is $5200 (Lance) and $3000 (Wanda). Assume, the proper amount of social security and Medicare tax was withheld. Lance and Dean received all the stimulus required stimulus checks Determine the federal income tax for 2020 for the Deans on a joint return by completing the appropriate forms. They do not want to contribute to the Presidential Election Campaign Fund. All members of the family had health care coverage for all of 2020. Full amount of stimulus checks was received for taxpayer, spouse, and dependents claimed. If an overpayment results, it is to be refunded to the them