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Please answer by filling out form 1040. Use 2020 tax and standard deduction rates John R. Lane (SSN 111-44-6666) lives at 1010 Ipsen Street, Yorba
Please answer by filling out form 1040. Use 2020 tax and standard deduction rates
John R. Lane (SSN 111-44-6666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a single taxpayer, age 66, provided 60% of his cousin's support. The cousin lives in Arizona. He wants to take advantage of the presidential election campaign check- off. John was employed as an accountant before he retired during the year. Other relevant information includes Salary $50,000 Pension (all taxable) 41,000 Taxable interest income 240 Deductible contribution to IRA 6,000 Withholdings (Form W-2) 12,100 John's itemized deductions total $11,000 (none of which are charitable contributions). John does not have any transactions involving virtual currency. Complete Form 1040-SR and Schedule 1 for 2020. Assume any estimated tax penalty is zeroStep by Step Solution
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