Please use the available information to prepare the tax return for year 2020. The forms provided are current forms from irs.

Thank you in advance

This is all the information the question needs to be answered. i don't know what more information you need. just answer the question with the provided information

Required information [The following information applies to the questions displayed below.) Ken is 63 years old and unmarried. He retired at age 55 when he sold his business, Understock.com. Though Ken is retired, he is still very active. Ken reported the following financial information this year. Assume Ken files as a single taxpayer a. Ken won $1,200 in an illegal game of poker (the game was played in Utah, where gambling is illegal). b. Ken sold 1,000 shares of stock for $32 a share. He inherited the stock two years ago. His tax basis (or investment) in the stock was $31 per share. c. Ken received $25,000 from an annuity he purchased eight years ago. He purchased the annuity, to be paid annually for 20 years, for $210,000 d. Ken received $13,000 in disability benefits for the year. He purchased the disability insurance policy last year. e. Ken decided to go back to school to learn about European history. He received a $500 cash scholarship to attend. He used $300 to pay for his books and tuition, and he applied the rest toward his new car payment f. Ken's son, Mike, instructed his employer to make half of his final paycheck of the year payable to Ken as a gift from Mike to Ken Ken received the check on December 30 in the amount of $1,100. 9. Ken received a $610 refund of the $3,600 in state income taxes his employer withheld from his pay last year. Ken claimed $12,250 in itemized deductions last year (the standard deduction for a single filer was $12,200). h. Ken received $30,000 of interest from corporate bonds and money market accounts. Determine Ken's gross income. Gross income Complete page 1 of Form 1040, Line 1-7b and Form 1040, Schedule 1 Lines 1.9 for Ken. (Input all the values as positive numbers. Enter any non-financial information, (e.g. Names, Addresses, social security numbers) EXACTLY as they appear in any given information or Problem Statement.) 1040 for a single taxpayer. 1040 PG 1 Schedule 1 Department of the Treasury Internal Revenue Form 1040 Service 2019 OMS NO 1545-0074 RS Use Only Do not write or staple in this space U.S. Individual income Tax Return Single Married finger (MS) Head of houd HOH) Owlying widower) (O) Check only you checked the MFS box, enter the name of spouse. you checked the HOH Crow boxerter the child's name he qualifying person is one box chad but not your dependent Your first name and middew Laste Your social security number (Erras Spouse's social security number res ** Home address number and ret) you have a PO box sevatructions Apt.no Cytown or out ofte, at, and Poe. you have a foreigners so complete peces below (se nonton Presidential Election Campaign Check here you, or your se fingnly want 53 to go to lund. Checking a box below to change your taxon You Spouse more on four pendents instructions Foreign province only Foreign postal code Your spouse as a dependent Standard Deduction Someone can claim You as dependent Spouse tomes on a separate tumor you were a status in You Wirebom before Juary 2.1906 Ape Bindness Ane bind Spouse We bom before January 2.1955 Required information Leucon Spouse mizes on a separate return or you were a dual status in Age/Blindness You Were bom before January 2, 1955 Are Mind Dependents (instructions (2) Social security number (1) First name Last name Enter as 2000 Spouse Was bombefore January 21955 Is Blind (3) Relationship to you (4 i qualifies for seeintructions): Child tax cred Credit for other dependents 11 1 Wages, sales, tips, etc Attach Forms) W2 2a Taxe interest 20 Taxable Wrest. Anach SchB 2b required Sa Qualified dividends Ja Ordinary dividends Altach Sch. B1 3b required 4 IRA distribution 4 Standard Table amount 4b Deduction for Pensions and artis Tawale amount 4d Sigle or Mamed ning separately Sa Social securly benefits 56 $12.200 Married fing yor Capital gain or (108) Attach Schedule Dit reguired. If not required, check here 6 Qualifying widower Ta Other income from Schedule 1, line Ta 124.400 Head of Add line 1, 2, 3, 4, 40, 56, 6 and 7a. This is your total income 76 household $18.350 Ba Adjustments to income from Schedule 1, line 22 . if you checked box under Subtractine a from ine. This is your adjusted gross income Standard Deduction, Standard deduction or mid deductions from schedule netron 10 Qualified business income deduction Altach Form 1095 or Form 1906A 10 11a Addines and 10 11a Taxable income Subtractinella front line to 116 For Disclosure, Privaty Act, and Paperwork Reduction Art Notice, se separate instructions CNo 113200 Form 1040 (2019) THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM ITMILE, DO NOT USE THIS FORM FOR TAX FRINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL 2020 McGraw-Hill Education, Complete page 1 of Form 1040, Line 1-7b and Form 1040, Schedule 1 Lines 1-9 for Ken. (Input all the values as positive numbers. Enter any non-financial information, (e.g. Names, Addresses, social security numbers) EXACTLY as they appear in any given information or Problem Statement.) 1040 for a single taxpayer. 1040 PG 1 Schedule 1 SCHEDULE 1 (Form 1040 or 1040-SR) OMB No 1545-0074 Additional Income and Adjustments to Income 2019 Department of the Treasury Internal Revenue Service Name() shown on Form 1040 of 1040-SR Attach to Form 1040 or 1040-SR. Go to www.lrs.gov/Form 1040 for instructions and the latest Information Attachment Sequence No. 01 Your social security number ters Part 1 1 1 2 3 4 Additional Income Taxable refunds, credits, or out of state and local income Alimony received Date of original divorce or reparation agreement rections) Business income or (0) Anach Schedule C Other gains or losses). Attach Form 4797 Rental real estate, royales, partnerships, corporations, trusts, etc. Altach Schedule E Farm income or loss) Anach Schedule Unemployment compensation Other income List type and amount Combine lines 1 trough B. Enter here and on Form 1640 or 1040-SR, linea 4 5 $ 6 7 8 7 . 0 9 Required information Other income. List type and amount Combine lines 1 through B. Enter here and on Form 1040 or 1040-SR, line 7a Part II Adjustments to Income 10 Educator expenses 10 11 Certain business expenses of reservists, performing artists, and fee-basis government officials. Attach Form 2106 11 12 Health savings account deduction Attach Form 5880 12 13 Moving expenses for members of the Armed Forces Attach Form 3903 13 Deductible part of self-employment tax. Attach Schedule SE 14 15 Self-employed SEP SIMPLE, and qualified plans 15 16 Self-employed health insurance deduction 16 17 Penalty on early withdrawal of savings 17 18 Almony paid 18a b Recipient's SSN c Date of original divorce or separation agreement (see instruction) 19 IRA deduction 19 20 Student loan interest deduction 20 21 Reserved for future use 21 22 Add lines 10 through 21. These are your adjustments to Income. Enter here and on Form 1040 1040-SR, line da For Paperwork Reduction Act Notice, see your tax return instructions Cat No. 71470F Schedule 1 (Form 1040 or 1040-5R) 2010 THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF, DO NOTE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL 2020 McGraw-Hill Education 22