Please make sure to provide a 1040 form along with schedule A and B.

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cal Thinking ct Tax Beth R. Jordan lives at 2322 Skyview Road, Mesa, AZ 85201. She is a tax account with Mesa Manufacturing Company, 1203 Western Avenue, Mesa, AZ 852 programs for tax practitioners and has a part-time tax practice. Beth is single and (employer identification number 11-1111111). She also writes computer software has no dependents. Beth's birthday is July 4, 1974, and her Social Security numbers and she wants to contribute $3 to the Presidential Election Campaign Fund. De 123-45-6785. She did not engage in any virtual currency transactions during the year received the appropriate coronavirus recovery rebates (economic impact pavervetta) related questions in ProConnect Tax should be ignored. The following information is shown on Beth's Wage and Tax Statement (For W-2) for 2020. Amount Line Description 1 Wages, tips, other compensation $65,000.00 2 Federal income tax withheld 9,500.00 3 Social Security wages 65,000.00 4 Social Security tax withheld 4,030.00 5 Medicare wages and tips 65,000.00 6 Medicare tax withheld 942.50 15 State Arizona 16 State wages, tips, etc. 65,000.00 17 State income tax withheld 1,954.00 During the year, Beth received interest of $1,300 from Arizona Federal Savings and Loan and $400 from Arizona State Bank. Each financial institution reported the interest income on a Form 1099-INT. She received qualified dividends of $800 from Blue Corporation, $750 from Green Corporation, and $650 from Orange Corpor- tion. Each corporation reported Beth's dividend payments on a Form 1099-DIV Beth received a $1,100 income tax refund from the state of Arizona on April 25 2020. On her 2019 Federal income tax return, she used the standard deduction Fees earned from her part-time tax practice in 2020 totaled $3,800. She paid $60 to have the tax returns processed by a computerized tax return service. On February 8, 2020, Beth bought 500 shares of Gray Corporation common stock for $17.60 a share. On September 12, 2020, she sold the stock for $14 a share. On January 2, 2020, Beth acquired 100 shares of Blue Corporation common stock for $30 a share. She sold the stock on December 19, 2020, for $55 a share. But stock transactions were reported to Beth on Form 1099-B; basis was not reported to the IRS. chased the vehicle from her brother-in-law, who was unemployed and was inced During the year, Beth records revenues of $ 16,000 from the sale of a sofa program she developed. She incurred the following expenditures in connection with her software development business. Cost of personal computer Cost of printer $7,000 2,000 Furniture 3,000 Supplies Fee paid to computer consultant 650 3,500 2 Beth bought a used sports utility vehicle for $6,000 on June 5, 2020. Se mere CHAPTER 11 Individuals as Employees a Beth elected to expense the maximum portion of the cost of the computer, printer, and furniture allowed under the provisions of $ 179. These items were placed in service on January 15, 2020, and used 100% in her business. Although her employer suggested that Beth attend an in-person conference on current developments in corporate taxation, Beth was not reimbursed for the travel expenses of $1,420 she incurred in attending. The $1,420 included $200 for the cost of meals. During the year, Beth paid $300 for prescription medicines and $2,875 for medical bills. Medical insurance premiums were paid for her by her employer. Beth paid real property taxes of $1,766 on her home. Interest on her home mortgage (Valley National Bank) was $3,845, and credit card interest was $320. Beth contributed $2,080 in cash to various qualifying charities during the year. Pro- fessional dues and subscriptions totaled $350. Beth paid estimated Federal income taxes of $1,000 Part 1Tax Computation Compute Beth Jordan's 2020 Federal income tax payable (or refund due), and complete her 2020 tax return using appropriate forms and schedules. Suggested software: ProConnect Tax. Part 2_Tax Planning Beth is anticipating significant changes in her life in 2021, and she has asked you to estimate her taxable income and tax liability for 2021. She just received word that she has been qualified to adopt a 2-year-old daughter. Beth expects that the adoption will be finalized in 2021 and that she will incur approximately $2,000 of adoption expenses. In addition, she expects to incur approximately $3,500 of child and dependent care expenses relating to the care of her new daughter, which will enable her to keep her job at Mesa Manufacturing Company. However, with the additional demands on her time, she has decided to dis- business), and she will cease making estimated income tax payments. In your Continue her two part-time jobs (.e., the part-time tax practice and her software computations, assume that all other 2021 income and expenses will be the same as 2020 amounts. 2. David Com