Part 1 - Scenario 4 Review the following scenario. Use the information provided to answer questions about the taxpayer's 2020 retum. Jasmine Dayne (29) is filing as a single taxpayer. In 2020, she received Income from the following souros; $39,000 in wages. Alimony payments totaling $14,328, Her divorce was finalized in October 2019. Unemployment compensation of $6.200 Jasmine also made a timely $2,000 contribution to a traditional IRA for 2020. She had no other income of adjustments, and she will claim the standard deduction To assist you in answering questions about Jasmine's tax retum, you may refer to Part 1 of Schedule 1, Additional come and Adjustments to come, which is shown below. Part 1 Additional Income 1 Taxable refunds, credits, or offsets of state and local income taxes. 2a Armony received 2b Date of original divorce or separation agreement (see instructions). 3 Business income or loss). Astach Schedule C 4 Other gains or losses). Attach Form 4797 5 Rental real estate, royalties, partnerships, Scorporations, trusts, etc. Attach Schedule E. 6 Farm Income or loss) Atlach Schedule F 7 Unemployment compensation 8 Other Income List type and amount Combine lines 1 through 8. Enter here and on Form 1040, 1040-SR, or 1040-NR. Iine 8. Filling Status Sido Maried ang panty Maria a party of Head of bouwold (HCHO udlaying www (W) Check only If you checked the MFS box, enter the name of your spouse, Il you checked the HOH or OW box, on the child's name the one box quallying persona child but not your dependent Your first name and not Latina Your social security number JASMINE DAYNE XXX-XX-XXXX Intrum, spouse's first name and nyddio Last name Spouse's social security number YS Home Address (number and you have a P.O, DOK Go Instructions Apt. no. Presidential Election Campaign 3835 LOCUST STREET Check here you, or your City, torpoteffio if you have a formele space pouco il filing jointly want $3 State ZIP code to go to this fund. Checking a YOUR CITY XXXXX box below will not change Foreign country name Foreign province/state/county Foreign postal code your tax of refund You Spouse At any time during 2000 did you rocolo, et, sond, exchange, or otherwiso acquire any financial interest in any virtudun Yes No Standard Someone can clam: You as a dependent Your spouse as a dependent Deduction Spouse domizes on amparole return or you were a dual-status alien Ago/Blindness You Were born before January 2, 1956 Aro bind Spouse: Wes bom Dedore January 2, 1980 to blind Dependents (see Instructions): (2) Social security ) Relationship (4) que formen (1) First name Last nam number to you Credit for the dround If we than tran dent see instruction and check here 1 39,000 AS & EN 6b 1 Wogos, salarios, tips, oto, Artach Foms) W-2 Attach Sch. B 2a Tax-exempt interest 2a b Tasable interest required 3a Que dividende ERE 3e b Ordinary dividends 4a IRA distributions 4a b Taxable amount Standard Sa Ponsions and annuities sa Taxable amount Deduction for 6a Social Security benefits 6a b Taxable amount - Single 7 Casita gainera Sindile oferired, check ng $12.400 B Other income from Schedulo 1. line 9 Mamado 9 Add in 1, 2, 3, 4, 5, , 7, and . This is your total income yor Quan 10 Adjustments to income widowie a From Schedulo 1, line 22 100 5240 Hedot b Charita you take and Sub hoo Meble c Add lines 10 and 10b, These are your total adjustments to Income 8,650 11 Subtractine 10c from in. This is your adjusted gross income ya che any bounder 12 Standard deduction or itemized deductions (ron Schedule A) Standard Deduction 13 Qualified business income deduction, Artach For 2005 or Form 6005-A see 14 Add nos 12 and 13 15 Taxable incomo. Suburact line 14 from line 11. lloro or footer For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions 10c 11 12 13 14 15 12400 12,400 Form 1040 (2020) $37,000 $39,000 $43,200 $57,528
