Part 1 - Scenario 4 Review the following scenano. Use the formation provided to answer questions about the taxpayer's 2020 reum Jasmine Dayne (29) sing as a single taxpayer in 2020, she received income from the following sources $30.000 in wages in Unemployment compensation of 36,200 Alimony payments towing 514.328. Her divorce was fired October 2010 Justine alto made a timely $2,000 contribution to a traditional IRA for 2020 She had no one income or adjustments, and she will come standard deduction Tot you in answering questions about Jane's tax return, you may refer to Port of Schedule 1. Ato come and Automom which is shown below Part Additional Income 1 Taxable rounds, credits, or sets of state and local income 20 Almony received 2 Date of original divorce or on agreement (see instruction oss income of Allah School *) Ansch Fomo Fontawestai, foyer partner, scoperto de Altach Schedule Farm income (103) Arch Scho Unemployment compensation Other income and amount Combine ne 1 ghi Enir here and on Form 1040 10400 1040 NPL One $ Question 7 of 50 What count should Jasmine report for the income? Her partially completed Form 104001, is shown below. You may use the form to assist you in answering this question 1040 US. Individual income Tax Return 2020 Filing Status Dory www on www ON-064 Check HOW child your boendent Yote JASMINE DAYNE Your XXX-XX-XXXX 3 * 229/616-ed80-474b-8fbo-cf312ee75ea8&evall&redirect_url Question 7 of 50. What amount should Jasmine report for other income? Her partially completed Form 1040, page 1, is shown below. You may use the form to assist you in answering this question : 1040 US. Individual Income Tax Return 2020 OMON 1545-0074 Filling Status San Marding No Modelo do com CM you chached theme of your you chedd MOHOW how the cliente ne bou. caddedert Your and C Your social y number JASMINE DAYNE XOX-XX-XXXX tratamendi posebe For any PO box AL Pre Camp 3835 LOCUST STREET Check you . 200 YOUR CITY und Checking YS Xxcxxx box will change Porno Forside your read You out A e ding, you more from my dre Sandard depende US ON Den Apeliness you we try and Orden) ) 19/ ( you 1 1. Woche Tar 24 3 IN 4 stand se en De forte ca wy ch #O . Theo 10 . Add your own to come und groom 12 Standard deduction de Dicon A 14 Adet 15 Then Furs, Patna Paperwork Hede Ara, perts 127200 2000 16 15 Po 1040 WR Try one box. quallying person is a child but not your dependent Your first name and middle initial Last name JASMINE DAYNE I joint retum, spouse's first name and middle initial Last name Your social security number XXX-XX-XXXX Spouse's social securtty number Home Address number and stro). If you have a P.O. DOX, so Instructions Apl. no. Presidential Election Campaign 3835 LOCUST STREET Check here if you, or your City, town, or postettice. If you have a foreign address, also complete spaces below State spouso if filing lindy, want $3 ZIP code YOUR CITY to go to this fund. Checking a YS XXXXX box below will not change Foreign country name Foreign province/stat/county Foreign postal code your tax or refund You spouse At any time during 2020, did you receivo, sol, sond, exchange, or otherwise acquire any financial Interest in any virtual currency Yes No Standard Someone can claim: You as a dependent Your spouse as a dependent Deduction Spouse temizes on a separate retum or you were a dual-status alien Age/Blindness You: [ were born before January 2, 1956 Are blind Spouse: Was bombefore January 2, 1966 is blind Is Dependents (sco instructions: (2) Social security (3) Relationship (4) /ifquales for rent (1) First name Last name number to you Child tax creo Credit for other dependents more than than fout dependents, seinstructions and check here 0 1 Wagos, salaries, tips, etc. Attach Forms) W-2 Attach 39,000 Sch. Bit 2a Tax-exempt interest 20 b Taxable interest 2b required 3a Ouid dividends, 3a b Ordinary dividends 3b 4 IRA distributions 4a b Taxable amount 45 Standard sa Pensions and annuites 5a Taxable amount 5b Deduction for a Social scourity benefits ba b Taxable amount 6b Single of Man 7 Capital Attach Schedule bited. If neck here OZ ng separately $12.00 8 Other income from Schodulo 1. line 9 Married in D Add tines 1, 2, 3, 4, 5, 6, 7 and 8. This is your total income For Quality 10 Adjustments to income: widow a From Schedule 1, line 22 100 524.000 b Cable you to the standard deduction Struction Header 106 household Add nos 10a and Tob. These are your total adjustments to Income $18.00 100 if you checked 11 Subtractine 100 from line 9. This is your adjusted gross Income 11 any box under 12 Standard deduction or itemized deductions from Schedule A) Standard 12 12400 Deduction 13 Qualified business income deduction. Attach For 8095 or Form 8905-A 13 See instruction 14 Add lines 12 and 13 14 12,400 15 Taxable income. Subtract line 14 from line 11. If zoro or less entero- 15 For Disclosure Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Fonn 1040 (2020) -lasessa $0 $6,200 $14,328 $20,528 Part 1 - Scenario 4 Review the following scenano. Use the formation provided to answer questions about the taxpayer's 2020 reum Jasmine Dayne (29) sing as a single taxpayer in 2020, she received income from the following sources $30.000 in wages in Unemployment compensation of 36,200 Alimony payments towing 514.328. Her divorce was fired October 2010 Justine alto made a timely $2,000 contribution to a traditional IRA for 2020 She had no one income or adjustments, and she will come standard deduction Tot you in answering questions about Jane's tax return, you may refer to Port of Schedule 1. Ato come and Automom which is shown below Part Additional Income 1 Taxable rounds, credits, or sets of state and local income 20 Almony received 2 Date of original divorce or on agreement (see instruction oss income of Allah School *) Ansch Fomo Fontawestai, foyer partner, scoperto de Altach Schedule Farm income (103) Arch Scho Unemployment compensation Other income and amount Combine ne 1 ghi Enir here and on Form 1040 10400 1040 NPL One $ Question 7 of 50 What count should Jasmine report for the income? Her partially completed Form 104001, is shown below. You may use the form to assist you in answering this question 1040 US. Individual income Tax Return 2020 Filing Status Dory www on www ON-064 Check HOW child your boendent Yote JASMINE DAYNE Your XXX-XX-XXXX 3 * 229/616-ed80-474b-8fbo-cf312ee75ea8&evall&redirect_url Question 7 of 50. What amount should Jasmine report for other income? Her partially completed Form 1040, page 1, is shown below. You may use the form to assist you in answering this question : 1040 US. Individual Income Tax Return 2020 OMON 1545-0074 Filling Status San Marding No Modelo do com CM you chached theme of your you chedd MOHOW how the cliente ne bou. caddedert Your and C Your social y number JASMINE DAYNE XOX-XX-XXXX tratamendi posebe For any PO box AL Pre Camp 3835 LOCUST STREET Check you . 200 YOUR CITY und Checking YS Xxcxxx box will change Porno Forside your read You out A e ding, you more from my dre Sandard depende US ON Den Apeliness you we try and Orden) ) 19/ ( you 1 1. Woche Tar 24 3 IN 4 stand se en De forte ca wy ch #O . Theo 10 . Add your own to come und groom 12 Standard deduction de Dicon A 14 Adet 15 Then Furs, Patna Paperwork Hede Ara, perts 127200 2000 16 15 Po 1040 WR Try one box. quallying person is a child but not your dependent Your first name and middle initial Last name JASMINE DAYNE I joint retum, spouse's first name and middle initial Last name Your social security number XXX-XX-XXXX Spouse's social securtty number Home Address number and stro). If you have a P.O. DOX, so Instructions Apl. no. Presidential Election Campaign 3835 LOCUST STREET Check here if you, or your City, town, or postettice. If you have a foreign address, also complete spaces below State spouso if filing lindy, want $3 ZIP code YOUR CITY to go to this fund. Checking a YS XXXXX box below will not change Foreign country name Foreign province/stat/county Foreign postal code your tax or refund You spouse At any time during 2020, did you receivo, sol, sond, exchange, or otherwise acquire any financial Interest in any virtual currency Yes No Standard Someone can claim: You as a dependent Your spouse as a dependent Deduction Spouse temizes on a separate retum or you were a dual-status alien Age/Blindness You: [ were born before January 2, 1956 Are blind Spouse: Was bombefore January 2, 1966 is blind Is Dependents (sco instructions: (2) Social security (3) Relationship (4) /ifquales for rent (1) First name Last name number to you Child tax creo Credit for other dependents more than than fout dependents, seinstructions and check here 0 1 Wagos, salaries, tips, etc. Attach Forms) W-2 Attach 39,000 Sch. Bit 2a Tax-exempt interest 20 b Taxable interest 2b required 3a Ouid dividends, 3a b Ordinary dividends 3b 4 IRA distributions 4a b Taxable amount 45 Standard sa Pensions and annuites 5a Taxable amount 5b Deduction for a Social scourity benefits ba b Taxable amount 6b Single of Man 7 Capital Attach Schedule bited. If neck here OZ ng separately $12.00 8 Other income from Schodulo 1. line 9 Married in D Add tines 1, 2, 3, 4, 5, 6, 7 and 8. This is your total income For Quality 10 Adjustments to income: widow a From Schedule 1, line 22 100 524.000 b Cable you to the standard deduction Struction Header 106 household Add nos 10a and Tob. These are your total adjustments to Income $18.00 100 if you checked 11 Subtractine 100 from line 9. This is your adjusted gross Income 11 any box under 12 Standard deduction or itemized deductions from Schedule A) Standard 12 12400 Deduction 13 Qualified business income deduction. Attach For 8095 or Form 8905-A 13 See instruction 14 Add lines 12 and 13 14 12,400 15 Taxable income. Subtract line 14 from line 11. If zoro or less entero- 15 For Disclosure Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Fonn 1040 (2020) -lasessa $0 $6,200 $14,328 $20,528