Please answer the folliwing questions using the notes provided! WILL GIVE THUMBS UP

digits of your choice. Interview Notes . Gilbert is an elementary school teacher at a public school. Gilbert and Tara are married and choose to file Married Filing Jointly on their 2021 tax return. Gilbert worked a total of 1,280 hours in 2021. During the school year, he spent $500 on unreimbursed classroom expenses. Tara retired in 2018 and began receiving her pension on October 1st of that year. She explains that this is a joint and survivor annuity. She has already recovered $1,013 of the cost of the plan. Gilbert settled with his credit card company on an outstanding bill and brought the Form 1099-C to the site. They aren't sure how it will impact their tax return for tax year 2021. The Washingtons determined that they were solvent as of the date of the canceled debt. Tara won $3,000 gambling at a casino and had additional lottery winnings of $150. Tara has documented casino losses of $1,500. Their son, Chandler, is in his second year of college pursuing a bachelor's degree in Logistics at a qualified educational institution. He received a scholarship and the terms require that it be used to pay tuition. Box 2 was not filled in and Box 7 was not checked on his Form 1098-T for the previous tax year. The Washingtons provided Form 1098-T and an account statement from the college that included additional expenses. The Washingtons paid $450 for books required for Chandler's courses. This information is also included on the College statement of account. Chandler does not have a felony drug conviction, The Washington's received the third Economic Impact Payment (EIP3) in the amount of $4,200 in 2021 They are all U.S. citizens with valid Social Security numbers. . . we file Eye's curity 416-00-XXXX b Employeridionu 35-700XXX empore, address and de SON V wete OM NO 1845-00D FASTI U 1 Wagen 2 Federico xwe $35,502.00 $2,800 3 Bourly w 4 courtyard $36 502.00 $2,263.12 5 Medicare wages and & Medicarea witheid $38.502.00 5529.28) TS Alocated COOLIDGE ELEMENTARY SCHOOL 2565 DEATON STREET YOUR CITY, STATE ZIP d Control 10 Decendere benefits mi LA Bu 11 Nord 120 Bewond foto 12 D $1,000.00 120 13 X GILBERT WASHINGTON 123 TAYLOR AVENUE YOUR CITY, YOUR STATE, ZIP 14 O 120 en de 15 Emperado YS 35-700XXX Logo Loco 16 17 Shulen $35,502.00 $350.00 um W-2 wage and Tax Statement 2021 Copy To Be Fled With Employee's FEDERAL Tax Return This informon is being tumised to the intervento Bervice 16,485.00 2021 CORRECTED checked PAYER'Same Street addren, Olly or town province Gross distrition CM 119 Distributions From Country. Por foreign postal code and felephone no Pensions, Annuities Retirement or OAK ENTERPRISES 2 Timount Profit Sharing Plans 2250 DELTA AVENUE IRAS, Insurance Contracts, etc YOUR CITY, YOUR STATE, ZIP F1009-R 2 Yation Total Copy B not to PAYER STIN RECIPIENTS IN Report this Capital gain dod in box wird income on your federal tax return, this 41-200XXXX 417-00-XXXX IS 1 349.00 form show RECIPIENTS Sployee Note federal income Roth Conto tax withheld in employed TARA WASHINGTON Idem box 4. attach S this copy to your return Stres including a no Tion SRL 123 TAYLOR AVENUE 2 DIS This Oly towarovce nad ZIP o foron po code Your th YOUR CITY YOUR STATE, ZIP dition 113,500.00 10 Anonton 11 Mar 12 TAILANI 14 sata 15W 20 Forthcott 173 Lt 18 No 15 Account number 13 Oto Du 1090-R www 2021 FORM SSA-1099 - SOCIAL SECURITY BENEFIT STATEMENT PART OF YOUR SOCIAL SECURITY BENEFITS SHOWN IN BOX 5 MAY BE TAXABLE INCOME SEE THE REVERSE FOR MORE INFORMATION Box 1. Name Box 2. Beneficiary's Social Security Number TARA WASHINGTON 417-00-XXXX Box 3. Benefits Paid In 2021 Box 4. Benefits Repeld to S8A in 2021 Box 5. Net Benefits for 2021 Box minus Box $21,102 $21 102 DESCRIPTION OF AMOUNT IN BOX 3 DESCRIPTION OF AMOUNT IN BOX 4 Paid by check or direct deposit: $17.280 Medicare Part B premiums deducted from your benefits $1,802 Total additions: Benefits for 2021: $21,102 Bok 8. Voluntary Federal Income Tax Withholding $2,020 Box Add 123 TAYLOR AVENUE YOUR CITY STATE ZIP Box Number Draft astoune 212021. Subiect to changu For SSA-1099-5M (52020 DO NOT RETURN THIS FORM TO SSA OR IRS 2 Date won 7/04/2021 CORRECTED If checked) PAYER'Same, address, city or town, province orta, country 1 Reportable winnings and ZIP or foreign postal code CHEVY CASINO $ 3,000.00 1 WINNER CIRCLE Type of wager YOUR CITY, STATE ZIP SLOT MACHINE 5 Transaction 4 Federal income tax wild $ @R OMB No 1545-0288 Form W-2G Certain Gambling Winnings Rew. January 2021) For calendar ye 20 21 7 Winning from identical Cashier $ 9 Werenfoto 10 Window AR PAYER'S federalentification Number PAYER'S telephone number 36-800XXXX 417-00-XXXX This information is being furnished to the Internal Revenue Service WINNER'S name 11 First Identification 12 Second identification TARA WASHINGTON Svet including at.no) 13 14 Swe will 123 TAYLOR AVENUE Copy B City of town, province or state country, and ZIP or foreign postal code Report this income 15 State income tax withhold 16 Local winning on your federal tax YOUR CITY STATE ZIP return. If this form $ shows federal income tax 17 Loca noorex with 18 Nowe of calty withheld in box 4 attach this copy to your return. Under penalties of perity, declare that to the best of my knowledge and believodem, and anayerentication number that shed cocy identify me as the recipient of payment and any payments from ideal wagers and to other person is one to any part of the payment Signature Date From W-2G Rev. 1-2029 www.mwa Den of the TSAV 5.218.00 2021 DE CORRECTED FLERGORY or DIPPONTOR CS1 foonde who bud GORDON COLLEGE Tuition 10 COLLEGE AVENUE Statement YOUR CITY, YOUR STATE, ZIP 1098-T Con STUDENTS Copy B 38-800XXXX 608-00-XXXX For Student TITUOINTS GANDO BV P th CHANDLER WASHINGTON ON s 2013.00 rengo GA WORTIN Thes 123 TAYLOR AVENUE Oh wel erg de YOUR CITY, YOUR STATE, ZIP 20 DE NO Gecedo D G 10 ht F stutt s orn 1098-T for de www. ther CHANDLER WASHINGTON STUDENT 0:608.00-XXXX Amount Paldi Amount Billed +$5,218.00 $2.013.00 Date Transaction 08/30/2021 Tuition - Fall Semester 2021 08/30/2021 Scholarship 09/03/2021 Parking pass Campus Bookstore charge to student 09/04/2021 account for course-related books 09/05/2021 Payment - check #43 +$125,00 +$450.00 -$3,780.00 12/31/2021 Account Balance $0 00 1234 Gilbert and Tara Washington 123 TAYLOR AVENUE YOUR CITY STATE, ZIP 20 PAY TO THE ORDER OF $ VOID DOLLARS Adelphi Bank and Trust Anytown State 00000 For : 111000025: 123456789 1234 15. What is the taxable portion of Tara's pension from Oak Enterprises using the simplified method? a. $0 b. $17,862 C. $18,035 d. $18,485 16. None of Tara's social security income is taxable. a. True b. False 17. What is the total amount of other income reported on the Washington's Form 1040, Schedule 1 ? a. $3,900 b. $3,150 c. $2,400 d. $750 18. Gilbert is eligible to deduct $500 as an adjustment to income on Form 1040, Schedule 1 for qualified educator expenses. a. True b. False 19. The Washington's standard deduction on their 2021 tax return is $ 20. The total qualified expenses for the American Opportunity Credit are $ 21. Which of the following credits are the Washingtons' eligible to claim on their tax return? . Child tax credit b. Credit for other dependents c. Child and dependent care credit d. None of the above 22. What is the Washington's total federal income tax withholding? $ digits of your choice. Interview Notes . Gilbert is an elementary school teacher at a public school. Gilbert and Tara are married and choose to file Married Filing Jointly on their 2021 tax return. Gilbert worked a total of 1,280 hours in 2021. During the school year, he spent $500 on unreimbursed classroom expenses. Tara retired in 2018 and began receiving her pension on October 1st of that year. She explains that this is a joint and survivor annuity. She has already recovered $1,013 of the cost of the plan. Gilbert settled with his credit card company on an outstanding bill and brought the Form 1099-C to the site. They aren't sure how it will impact their tax return for tax year 2021. The Washingtons determined that they were solvent as of the date of the canceled debt. Tara won $3,000 gambling at a casino and had additional lottery winnings of $150. Tara has documented casino losses of $1,500. Their son, Chandler, is in his second year of college pursuing a bachelor's degree in Logistics at a qualified educational institution. He received a scholarship and the terms require that it be used to pay tuition. Box 2 was not filled in and Box 7 was not checked on his Form 1098-T for the previous tax year. The Washingtons provided Form 1098-T and an account statement from the college that included additional expenses. The Washingtons paid $450 for books required for Chandler's courses. This information is also included on the College statement of account. Chandler does not have a felony drug conviction, The Washington's received the third Economic Impact Payment (EIP3) in the amount of $4,200 in 2021 They are all U.S. citizens with valid Social Security numbers. . . we file Eye's curity 416-00-XXXX b Employeridionu 35-700XXX empore, address and de SON V wete OM NO 1845-00D FASTI U 1 Wagen 2 Federico xwe $35,502.00 $2,800 3 Bourly w 4 courtyard $36 502.00 $2,263.12 5 Medicare wages and & Medicarea witheid $38.502.00 5529.28) TS Alocated COOLIDGE ELEMENTARY SCHOOL 2565 DEATON STREET YOUR CITY, STATE ZIP d Control 10 Decendere benefits mi LA Bu 11 Nord 120 Bewond foto 12 D $1,000.00 120 13 X GILBERT WASHINGTON 123 TAYLOR AVENUE YOUR CITY, YOUR STATE, ZIP 14 O 120 en de 15 Emperado YS 35-700XXX Logo Loco 16 17 Shulen $35,502.00 $350.00 um W-2 wage and Tax Statement 2021 Copy To Be Fled With Employee's FEDERAL Tax Return This informon is being tumised to the intervento Bervice 16,485.00 2021 CORRECTED checked PAYER'Same Street addren, Olly or town province Gross distrition CM 119 Distributions From Country. Por foreign postal code and felephone no Pensions, Annuities Retirement or OAK ENTERPRISES 2 Timount Profit Sharing Plans 2250 DELTA AVENUE IRAS, Insurance Contracts, etc YOUR CITY, YOUR STATE, ZIP F1009-R 2 Yation Total Copy B not to PAYER STIN RECIPIENTS IN Report this Capital gain dod in box wird income on your federal tax return, this 41-200XXXX 417-00-XXXX IS 1 349.00 form show RECIPIENTS Sployee Note federal income Roth Conto tax withheld in employed TARA WASHINGTON Idem box 4. attach S this copy to your return Stres including a no Tion SRL 123 TAYLOR AVENUE 2 DIS This Oly towarovce nad ZIP o foron po code Your th YOUR CITY YOUR STATE, ZIP dition 113,500.00 10 Anonton 11 Mar 12 TAILANI 14 sata 15W 20 Forthcott 173 Lt 18 No 15 Account number 13 Oto Du 1090-R www 2021 FORM SSA-1099 - SOCIAL SECURITY BENEFIT STATEMENT PART OF YOUR SOCIAL SECURITY BENEFITS SHOWN IN BOX 5 MAY BE TAXABLE INCOME SEE THE REVERSE FOR MORE INFORMATION Box 1. Name Box 2. Beneficiary's Social Security Number TARA WASHINGTON 417-00-XXXX Box 3. Benefits Paid In 2021 Box 4. Benefits Repeld to S8A in 2021 Box 5. Net Benefits for 2021 Box minus Box $21,102 $21 102 DESCRIPTION OF AMOUNT IN BOX 3 DESCRIPTION OF AMOUNT IN BOX 4 Paid by check or direct deposit: $17.280 Medicare Part B premiums deducted from your benefits $1,802 Total additions: Benefits for 2021: $21,102 Bok 8. Voluntary Federal Income Tax Withholding $2,020 Box Add 123 TAYLOR AVENUE YOUR CITY STATE ZIP Box Number Draft astoune 212021. Subiect to changu For SSA-1099-5M (52020 DO NOT RETURN THIS FORM TO SSA OR IRS 2 Date won 7/04/2021 CORRECTED If checked) PAYER'Same, address, city or town, province orta, country 1 Reportable winnings and ZIP or foreign postal code CHEVY CASINO $ 3,000.00 1 WINNER CIRCLE Type of wager YOUR CITY, STATE ZIP SLOT MACHINE 5 Transaction 4 Federal income tax wild $ @R OMB No 1545-0288 Form W-2G Certain Gambling Winnings Rew. January 2021) For calendar ye 20 21 7 Winning from identical Cashier $ 9 Werenfoto 10 Window AR PAYER'S federalentification Number PAYER'S telephone number 36-800XXXX 417-00-XXXX This information is being furnished to the Internal Revenue Service WINNER'S name 11 First Identification 12 Second identification TARA WASHINGTON Svet including at.no) 13 14 Swe will 123 TAYLOR AVENUE Copy B City of town, province or state country, and ZIP or foreign postal code Report this income 15 State income tax withhold 16 Local winning on your federal tax YOUR CITY STATE ZIP return. If this form $ shows federal income tax 17 Loca noorex with 18 Nowe of calty withheld in box 4 attach this copy to your return. Under penalties of perity, declare that to the best of my knowledge and believodem, and anayerentication number that shed cocy identify me as the recipient of payment and any payments from ideal wagers and to other person is one to any part of the payment Signature Date From W-2G Rev. 1-2029 www.mwa Den of the TSAV 5.218.00 2021 DE CORRECTED FLERGORY or DIPPONTOR CS1 foonde who bud GORDON COLLEGE Tuition 10 COLLEGE AVENUE Statement YOUR CITY, YOUR STATE, ZIP 1098-T Con STUDENTS Copy B 38-800XXXX 608-00-XXXX For Student TITUOINTS GANDO BV P th CHANDLER WASHINGTON ON s 2013.00 rengo GA WORTIN Thes 123 TAYLOR AVENUE Oh wel erg de YOUR CITY, YOUR STATE, ZIP 20 DE NO Gecedo D G 10 ht F stutt s orn 1098-T for de www. ther CHANDLER WASHINGTON STUDENT 0:608.00-XXXX Amount Paldi Amount Billed +$5,218.00 $2.013.00 Date Transaction 08/30/2021 Tuition - Fall Semester 2021 08/30/2021 Scholarship 09/03/2021 Parking pass Campus Bookstore charge to student 09/04/2021 account for course-related books 09/05/2021 Payment - check #43 +$125,00 +$450.00 -$3,780.00 12/31/2021 Account Balance $0 00 1234 Gilbert and Tara Washington 123 TAYLOR AVENUE YOUR CITY STATE, ZIP 20 PAY TO THE ORDER OF $ VOID DOLLARS Adelphi Bank and Trust Anytown State 00000 For : 111000025: 123456789 1234 15. What is the taxable portion of Tara's pension from Oak Enterprises using the simplified method? a. $0 b. $17,862 C. $18,035 d. $18,485 16. None of Tara's social security income is taxable. a. True b. False 17. What is the total amount of other income reported on the Washington's Form 1040, Schedule 1 ? a. $3,900 b. $3,150 c. $2,400 d. $750 18. Gilbert is eligible to deduct $500 as an adjustment to income on Form 1040, Schedule 1 for qualified educator expenses. a. True b. False 19. The Washington's standard deduction on their 2021 tax return is $ 20. The total qualified expenses for the American Opportunity Credit are $ 21. Which of the following credits are the Washingtons' eligible to claim on their tax return? . Child tax credit b. Credit for other dependents c. Child and dependent care credit d. None of the above 22. What is the Washington's total federal income tax withholding? $