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Part 1 Scenario 4 - Review the following scenario. Use the information provided to answer questions about the taxpayer's 2021 return. Jasmine Dayne (29)
Part 1 Scenario 4 - Review the following scenario. Use the information provided to answer questions about the taxpayer's 2021 return. Jasmine Dayne (29) is filing as a single taxpayer. In 2021, she received income from the following sources: $39,000 in wages. Alimony payments totaling $14,328. Her divorce was finalized in October 2020. Unemployment compensation of $6,200. Jasmine also made a timely $2,000 contribution to a traditional IRA for 2021. She had no other income or adjustments, and she will claim the standard deduction.
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