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NEED HELP WITH THIS , ANSWERING THIS NEED A 1 0 4 0 FORM AND SCHUDELE A FOR 2 0 2 1 Alice J .
NEED HELP WITH THIS ANSWERING THIS NEED A FORM AND SCHUDELE A FOR Alice J and Bruce M Byrd are married taxpayers who file a joint return. Their Social Security numbers are and respectively. Alices birthday is September and Bruces is June They live at Revere Avenue, Lowell, MA Alice is the office manager for Lowell Dental Clinic, Broad Street, Lowell, MA Employer Identification Number Bruce is the manager of a Super Burgers fastfood outlet owned and operated by Plymouth Corporation, Central Avenue, Hauppauge, NY Employer Identification Number
The following information is shown on their Wage and Tax Statements Form W for
Line Description Alice Bruce
Wages, tips, other compensation $ $
Federal income tax withheld
Social Security wages
Social Security tax withheld
Medicare wages and tips
Medicare tax withheld
State Massachusetts Massachusetts
State wages, tips, etc.
State income tax withheld
The Byrds provide over half of the support of their two children, Cynthia born January Social Security number and John born February Social Security number Both children are fulltime students and live with the Byrds except when they are away at college. Cynthia earned $ from a summer internship in and John earned $ from a parttime job. Both children received scholarships covering tuition and materials.
During the Byrds provided of the total support of Bruces widower father, Sam Byrd born March Social Security number Sam lived alone and covered the rest of his support with his Social Security benefits. Sam died in November, and Bruce, the beneficiary of a policy on Sams life, received life insurance proceeds of $ on December
The Byrds had the following expenses relating to their personal residence during :
Property taxes $
Qualified interest on home mortgage acquisition indebtedness
Repairs to roof
Utilities
Fire and theft insurance
The Byrds had the following medical expenses for :
Medical insurance premiums $
Doctor bill for Sam incurred in and not paid until
Operation for Sam
Prescription medicines for Sam
Hospital expenses for Sam
Reimbursement from insurance company, received in
The medical expenses for Sam represent most of the that Bruce contributed toward his fathers support.
Other relevant information follows:
When they filed their state return in the Byrds paid additional state income tax of $
During Alice and Bruce attended a dinner dance sponsored by the Lowell Police Disability Association a qualified charitable organization The Byrds paid $ for the tickets. The cost of comparable entertainment would normally be $
The Byrds contributed $ to Lowell Presbyterian Church and gave used clothing cost of $ and fair market value of $ to the Salvation Army. All donations are supported by receipts, and the clothing is in very good condition.
Via a crowdfunding site gofundmecom Alice and Bruce made a gift to a needy family who lost their home in a fire $ In addition, they made several cash gifts to homeless individuals downtown estimated to be $
In the Byrds received interest income of $ which was reported on a Form INT from Second National Bank, Oak Street, Lowell, MA Employer Identification Number
The home mortgage interest was reported on Form by Lowell Commercial Bank, PO Box Lowell, MA Employer Identification Number The mortgage outstanding balance of $ as of January was taken out by the Byrds on May
Alices employer requires that all employees wear uniforms to work. During Alice spent $ on new uniforms and $ on laundry charges.
Bruce paid $ for an annual subscription to the Journal of Franchise Management and $ for annual membership dues to his professional association.
Neither Alices nor Bruces employer reimburses for employee expenses.
The Byrds do not keep the receipts for the sales taxes they paid and had no major purchases subject to sales tax.
This year, the Byrds gave each of their children $ which was then deposited into their Roth IRAs.
Alice and Bruce paid no estimated Federal income tax, and they did not engage in any virtual currency transactions during the year. Neither Alice nor Bruce wants to designate $ to the Presidential Election Campaign Fund. Part Tax Computation
Compute net tax payable or refund due for Alice and Bruce Byrd for and complete their Federal tax return using appropriate forms and schedules. If they have ov
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