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Please help me with my homework! Some of the numbers I have in box 1 are correct Assume the taxpayer does NOT wish to contribute

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Please help me with my homework! Some of the numbers I have in box 1 are correct

Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem. Assume all taxpayers did NOT receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency during the year Brenda Peterson is single and lives at 567 East Street, Marshfield, MA 02043. Her SSN is 412-34-5670. She worked the entire year for Applebee Consulting in Marshfield. Her Form W-2 contained information in the following boxes: Wages (box 1) = Federal WH (box 2) = Social security wages (box 3) = Social security W/H (box 4) = Medicare wages (box 5) = Medicare WH (box 6) = $ 67,155.75 $ 8,366.12 $ 67,155.75 $ 4,163.66 $ 67,155.75 $.973.76 She also received two Forms 1099-INT. One was from First National Bank of Marshfield and showed interest income of $537.39 in box 1. The other Form 1099-INT was from Baystate Savings and Loan and showed interest income of $781,70 in box 1. Brenda had qualifying health care coverage at all times during the tax year. 1 67 156 1 Wades salanes tips, etc. Altach Form(s) W-2 2b 1319 2a b Taxable interest 2a Tax-exempt interest 3b 3a b Ordinary dividends Sa Qulled dividends 4a 4b b Taxable amount 43 IRA distributions 5b b Taxable amount 5a Pensions and annuities b Taxable amount 6a 66 Ea Social security benefits 7 7 Capital gain or loss) Attach Schedule D if required. If not required, check here 8 & Other income from Schedule 1 line 9 9 68,475 s Add lines 1. 2. 3. 4. 55, 65, 7 and 8. This is your total income 10 Adjustments to income 10a 10b 10c 0 11 68,475 a From Schedule 1 line 22 on for Mamed b Chantable contributions if you take the standard deduction See instructions Saralel ting C Add lines 10a and 10b. These are your total adjustments to income Qualifying 11 Subtractime 100 from line 9. This is your adjusted gross income 524 500 12 Standard deduction or itemized deductions (from Schedule A) S $16.550 recked any 18 Qualified business income deduction Attach Form 8995 or Form 8995-A e on Set 14 Add lines 12 and 13 ons 15 Taxable income. Subtract line 14 from line 11 If zero or less entero 12 10,866 13 14 10.866 15 10,855 closure Privacy Act and Paperwork Reduction Act Notice, see separate instructions Cat. No. 113200 Form 1040 (2020) 10 (1) 8814 (2) 4972 16 (3) 16 Tax (see instructions) Check if any from Fom(s) 17 Amount from Schedule 2 line 3 17 18 10 18 Add lines 16 and 17 19 19 Child lax credit or credit for other dependents 20 20 Amount Trom Schedule 3, line 7 21 0 21 Add lines 19 and 20 22 10 22 Subtract line 21 from line 18. If zero or less, enter-O- 23 Other taxes, including self-employment tax, from Schedule 2, line 10 24 Add lines 22 and 23. This is your total tax 23 24 10 25 Federal income tax withheld from a Form(s) W-2 25a b Form(s) 1099 25b 250 c Other forms (see instructions) d Add lines 25a through 250 26 2020 estimated tax payments and amount applied from 2019 retum 25d 0 26 a 10 EIC 27 Eamed income credit (EIC) 27 28 Additional child tax credit Attach Schedule 8812 28 See 29 American opportunity credit from Form 8863, line 8 29 30 Recovery rebate credit See instructions 30 31 Amount from Schedule 3 line 13 31 32 0 32 Add lines 27 through 31 These are your total other payments and refundable credits 33 Add lines 25d, 26, and 32 These are your total payments 34 if line 33 is more than line 24 subtract line 24 from line 33 This is the amount you overpaid 33 0 34 35a Amount of line 34 you want refunded to you. If Form 8888 is attached, check here 35a 32 33 0 34 35a Savings 35 SHOES THE You total other payments and retungadie credits 33 alines 250 25 and 32. These are your total payments 34 e 33 is more than line 24. subtract line 24 from line 33 This is the amount you overpaid Refund 353 Amount of line 34 you want refunded to you, if Form 8888 is attached, check here Routing number Type Checking Account number JE Amount of line 34 you want applied to your 2021 estimated tax Amount You 37 Subtract line 33 from line 24. This is the amount you owe now Owe Note: Schedule and schedule Se miers, the 37 may not represent all of the taxes you owe for 2020. See Schedule 3, Faraon how to line 12e and its instructions for details e instruction 38 Estimated tak penalty see instructions) Third Party Do you want to allow another person to discuss this retum with the IRS? See instructions Designee 37 38 Yes. Complete below No Personal identification Phone Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem. Assume all taxpayers did NOT receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency during the year Brenda Peterson is single and lives at 567 East Street, Marshfield, MA 02043. Her SSN is 412-34-5670. She worked the entire year for Applebee Consulting in Marshfield. Her Form W-2 contained information in the following boxes: Wages (box 1) = Federal WH (box 2) = Social security wages (box 3) = Social security W/H (box 4) = Medicare wages (box 5) = Medicare WH (box 6) = $ 67,155.75 $ 8,366.12 $ 67,155.75 $ 4,163.66 $ 67,155.75 $.973.76 She also received two Forms 1099-INT. One was from First National Bank of Marshfield and showed interest income of $537.39 in box 1. The other Form 1099-INT was from Baystate Savings and Loan and showed interest income of $781,70 in box 1. Brenda had qualifying health care coverage at all times during the tax year. 1 67 156 1 Wades salanes tips, etc. Altach Form(s) W-2 2b 1319 2a b Taxable interest 2a Tax-exempt interest 3b 3a b Ordinary dividends Sa Qulled dividends 4a 4b b Taxable amount 43 IRA distributions 5b b Taxable amount 5a Pensions and annuities b Taxable amount 6a 66 Ea Social security benefits 7 7 Capital gain or loss) Attach Schedule D if required. If not required, check here 8 & Other income from Schedule 1 line 9 9 68,475 s Add lines 1. 2. 3. 4. 55, 65, 7 and 8. This is your total income 10 Adjustments to income 10a 10b 10c 0 11 68,475 a From Schedule 1 line 22 on for Mamed b Chantable contributions if you take the standard deduction See instructions Saralel ting C Add lines 10a and 10b. These are your total adjustments to income Qualifying 11 Subtractime 100 from line 9. This is your adjusted gross income 524 500 12 Standard deduction or itemized deductions (from Schedule A) S $16.550 recked any 18 Qualified business income deduction Attach Form 8995 or Form 8995-A e on Set 14 Add lines 12 and 13 ons 15 Taxable income. Subtract line 14 from line 11 If zero or less entero 12 10,866 13 14 10.866 15 10,855 closure Privacy Act and Paperwork Reduction Act Notice, see separate instructions Cat. No. 113200 Form 1040 (2020) 10 (1) 8814 (2) 4972 16 (3) 16 Tax (see instructions) Check if any from Fom(s) 17 Amount from Schedule 2 line 3 17 18 10 18 Add lines 16 and 17 19 19 Child lax credit or credit for other dependents 20 20 Amount Trom Schedule 3, line 7 21 0 21 Add lines 19 and 20 22 10 22 Subtract line 21 from line 18. If zero or less, enter-O- 23 Other taxes, including self-employment tax, from Schedule 2, line 10 24 Add lines 22 and 23. This is your total tax 23 24 10 25 Federal income tax withheld from a Form(s) W-2 25a b Form(s) 1099 25b 250 c Other forms (see instructions) d Add lines 25a through 250 26 2020 estimated tax payments and amount applied from 2019 retum 25d 0 26 a 10 EIC 27 Eamed income credit (EIC) 27 28 Additional child tax credit Attach Schedule 8812 28 See 29 American opportunity credit from Form 8863, line 8 29 30 Recovery rebate credit See instructions 30 31 Amount from Schedule 3 line 13 31 32 0 32 Add lines 27 through 31 These are your total other payments and refundable credits 33 Add lines 25d, 26, and 32 These are your total payments 34 if line 33 is more than line 24 subtract line 24 from line 33 This is the amount you overpaid 33 0 34 35a Amount of line 34 you want refunded to you. If Form 8888 is attached, check here 35a 32 33 0 34 35a Savings 35 SHOES THE You total other payments and retungadie credits 33 alines 250 25 and 32. These are your total payments 34 e 33 is more than line 24. subtract line 24 from line 33 This is the amount you overpaid Refund 353 Amount of line 34 you want refunded to you, if Form 8888 is attached, check here Routing number Type Checking Account number JE Amount of line 34 you want applied to your 2021 estimated tax Amount You 37 Subtract line 33 from line 24. This is the amount you owe now Owe Note: Schedule and schedule Se miers, the 37 may not represent all of the taxes you owe for 2020. See Schedule 3, Faraon how to line 12e and its instructions for details e instruction 38 Estimated tak penalty see instructions) Third Party Do you want to allow another person to discuss this retum with the IRS? See instructions Designee 37 38 Yes. Complete below No Personal identification Phone

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