OK Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem, Assume all taxpayers did NOT receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency during the year. Jose and Maria Suarez are married and live at 9876 Main Street, Denver, CO 80205. Jose's SSN is 412-34-5670 and Maria's SSN IS 412-34-5671 For the first five months of the year, Jose was employed by Mountain Mortgage Company. The Form W-2 from Mountain Mortgage contained information in the following boxes: Hages (box 1) - 5 35,028.52 Federal W/H (box 2) $ 3,746.89 Social security wages (box 3) - $ 35,028.52 Social security W/H (box 4) - $ 2,171.77 Medicare wages (box 5) $ 35,028.52 Medicare W/H (box 6) - $ 507.91 Jose was laid off from his job at Mountain Mortgage and was unemployed for three months. He received $1,000 of unemployment insurance payments. The Form 1099-G Jose received from the state of Colorado contained $1,000 of unemployment compensation in box 1 and $100 of federal income tax withholding in box 4 During the last four months of the year, Jose was employed by First Mountain Bank in Denver. The Form W-2 Jose received from the bank contained information in the following boxes nt ences Wages (box 1) Federal wH (box 2) Social security wages (box 3) - Social security W/H (hox 4) - Medicare wages (box 5) Medicare WH (box 5) $ 17,820.20 $ 1,767.69 $ 17,620.20 5 1,104.85 $ 17,820.20 $ 258.39 Maria was employed the entire year by Blue Sky Properties in Denver The Form W-2 Marta received from Blue Sky contained Information in the following boxes Wages (box 1) - $ 59,101.12 Federal w/H (box 2) - 5,490.00 Social security wages (box )) $ 59,101.12 Social Security w (box 4) - $ 3,669.23 Medicare wages (box 5) - $ 59,151.12 Hedlcare M/H (box 6) $158.13 The Suarezes also received two Forms 1099 INT showing interest they received on two savings accounts. One Form 1099 INT from the First National Bank of Northeastern Denver, showed interest income of $5936 in box 1 The other Form 1099-INT, from Second MADA O AE Pley 1 of Next rez) 6 Saved Jose Filing Status Single Married fling jointly Married fing seperately Fs) Head of household (404) Qualifying widowie Check only If you checked the MFS box, enter the name of your spouse. If you checked the HOH OF GW boxer the child's name it the qualifying person is one box a child but not your dependent Your social seci Your first name and middle initial Last name (Enfer as xo Suarez 412-34 Spouse's socials joint return, spouse's first name and middle initial Last name (Enter as xx Maria Suarez 412-34 Home address (number and street). If you have a PO box, see instructions Apt no Presidential Elect 9876 Main Street Check here if you ary! jointly want $3 to go to City, town, or postolice. If you have a foreign address, also complete spaces below Checking a box below your tax or refund Denver, CO 80205 Foreign country name Foreign province state county Foreign postal code You . ON At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency Yes Standard Someone can claim: You as a dependent Your House as a dependent Deduction spouse emites on a separate return or you were a dusi status alien Age/Blindness You: were born before January 2.1956 Acebind Spouse: Was bom before January 2, 1956 Dependents (see instructions (2) Social security number (3Relationship to you (4) Vif qualifies for is more than four (1) First name Last name Ember as 30000 Child tax credit dependents, so instructions and check here ON 1 2b Attach Sch B required Table interest b Ordinary dividende Thable amount 36 45 5a 5 b Tale amount Table amount sa fib 1 Wages, salaries, tips, et Aach Forms) W-2 2a Tax-exempt interest 3a Qualified dividends 4a TRA distributions 6a Pensions and annuities 6a Social security benefits Capital gain or dow) Attach Schedulo ir required not required, check here Other income from Schedule 1. lines 9 Add in 120, 3 db 5 6 7 and 8 This is your total income 10 Adjustments to come a From Schedule 1 Ine 22 7 10a Standard nat Prey 1 of 1 !!! Next e OK Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem, Assume all taxpayers did NOT receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency during the year. Jose and Maria Suarez are married and live at 9876 Main Street, Denver, CO 80205. Jose's SSN is 412-34-5670 and Maria's SSN IS 412-34-5671 For the first five months of the year, Jose was employed by Mountain Mortgage Company. The Form W-2 from Mountain Mortgage contained information in the following boxes: Hages (box 1) - 5 35,028.52 Federal W/H (box 2) $ 3,746.89 Social security wages (box 3) - $ 35,028.52 Social security W/H (box 4) - $ 2,171.77 Medicare wages (box 5) $ 35,028.52 Medicare W/H (box 6) - $ 507.91 Jose was laid off from his job at Mountain Mortgage and was unemployed for three months. He received $1,000 of unemployment insurance payments. The Form 1099-G Jose received from the state of Colorado contained $1,000 of unemployment compensation in box 1 and $100 of federal income tax withholding in box 4 During the last four months of the year, Jose was employed by First Mountain Bank in Denver. The Form W-2 Jose received from the bank contained information in the following boxes nt ences Wages (box 1) Federal wH (box 2) Social security wages (box 3) - Social security W/H (hox 4) - Medicare wages (box 5) Medicare WH (box 5) $ 17,820.20 $ 1,767.69 $ 17,620.20 5 1,104.85 $ 17,820.20 $ 258.39 Maria was employed the entire year by Blue Sky Properties in Denver The Form W-2 Marta received from Blue Sky contained Information in the following boxes Wages (box 1) - $ 59,101.12 Federal w/H (box 2) - 5,490.00 Social security wages (box )) $ 59,101.12 Social Security w (box 4) - $ 3,669.23 Medicare wages (box 5) - $ 59,151.12 Hedlcare M/H (box 6) $158.13 The Suarezes also received two Forms 1099 INT showing interest they received on two savings accounts. One Form 1099 INT from the First National Bank of Northeastern Denver, showed interest income of $5936 in box 1 The other Form 1099-INT, from Second MADA O AE Pley 1 of Next rez) 6 Saved Jose Filing Status Single Married fling jointly Married fing seperately Fs) Head of household (404) Qualifying widowie Check only If you checked the MFS box, enter the name of your spouse. If you checked the HOH OF GW boxer the child's name it the qualifying person is one box a child but not your dependent Your social seci Your first name and middle initial Last name (Enfer as xo Suarez 412-34 Spouse's socials joint return, spouse's first name and middle initial Last name (Enter as xx Maria Suarez 412-34 Home address (number and street). If you have a PO box, see instructions Apt no Presidential Elect 9876 Main Street Check here if you ary! jointly want $3 to go to City, town, or postolice. If you have a foreign address, also complete spaces below Checking a box below your tax or refund Denver, CO 80205 Foreign country name Foreign province state county Foreign postal code You . ON At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency Yes Standard Someone can claim: You as a dependent Your House as a dependent Deduction spouse emites on a separate return or you were a dusi status alien Age/Blindness You: were born before January 2.1956 Acebind Spouse: Was bom before January 2, 1956 Dependents (see instructions (2) Social security number (3Relationship to you (4) Vif qualifies for is more than four (1) First name Last name Ember as 30000 Child tax credit dependents, so instructions and check here ON 1 2b Attach Sch B required Table interest b Ordinary dividende Thable amount 36 45 5a 5 b Tale amount Table amount sa fib 1 Wages, salaries, tips, et Aach Forms) W-2 2a Tax-exempt interest 3a Qualified dividends 4a TRA distributions 6a Pensions and annuities 6a Social security benefits Capital gain or dow) Attach Schedulo ir required not required, check here Other income from Schedule 1. lines 9 Add in 120, 3 db 5 6 7 and 8 This is your total income 10 Adjustments to come a From Schedule 1 Ine 22 7 10a Standard nat Prey 1 of 1 !!! 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