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Monica has one child, Mollie, who is 19 and lived at home all year. Mollie is currently working at Ginos Pizza and earned $6,860 from

Monica has one child, Mollie, who is 19 and lived at home all year. Mollie is currently working at Ginos Pizza and earned $6,860 from waitressing. She is attending UTEP part time and plans to graduate with a degree in health sciences in a few years. Monica also supports her mother, Miriam who lives in a small apartment in Canutillo. Miriam earned $3,979 a year from Sams Shoe Store. Monica pays most of her bills (food, rent, etc) for $2,000 per month. Monica works as a medical technician for the Physicians Group (see W-2 information). She was injured earlier in the year and received $2,229 of workers compensation. She also won $500 for a contest she entered for best poem about El Paso. Monica owns her home and pays mortgage interest on their home loan (balance of $237,000, original loan was on 1/29/2017 for $289,000) and pays interest on her auto loan for her car. Monica wants to use the best filing status for her situation, whichever is best for tax purposes. Based on this information and the information below, prepare Monica Montes 2020 Federal tax return. Monicas home is at 4570 Verde Acres, El Paso, TX 79912 Monicas birthday is 2/16/1979 and her Social Security number is 673-34-0206 Mollies birthday is 11/11/2001 and her Social Security number is 626-17-6568 Miriam Montes birthday is 6/17/1956 and her Social Security #is 578-09-2879 Monica does not have any foreign bank accounts or trusts nor did she have any transactions with virtual currency. Monica does not qualify for any Recovery Rebate Credit A $500 credit is available for dependents claimed on the tax return over 18 years old (line 19, Form 1040) Do not consider AMT tax for the tax return Monica has summarized her income and expenses for this year as follows: Income Monicas W2 Information: Salary $ 89,350 Federal income tax withheld 8,930 State income tax withheld 0 Social Security tax withheld 5,540 Medicare tax withheld 1,296 Interest income from bank account at Wells Fargo Bank 2,465 Ordinary Dividend income from Rock Ptrs 3,594 Tax exempt interest income from San Saba municipal bond funds 936 Expenditures: Sales taxes paid in 2020 (Monica keeps receipts) 1,863 Real estate taxes paid on residence 10,690 Automobile license tax (based on weight) 750 Home mortgage interest paid 14,905 Interest paid on Discover Credit Card 363 Interest paid on loan for auto 2,890 Medical Expenses (unreimbursed) 11,720 Monicas Medical Prescriptions 1,940 Monicas unreimbursed employee expenses 720 Tax Preparation fees 1,270 Cash contributions to Mayor Leeser election campaign 1,310 Cash contributions to the Rescue Mission (Monica has receipts) 3,030

need 1040, schedule 1, schedule A and B

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