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Ray and Maria Gomez have been married for 3 years. Ray is a propane salesman for Palm Oil Corporation and Maria works as a city
Ray and Maria Gomez have been married for 3 years. Ray is a propane salesman for Palm Oil Corporation and Maria works as a city clerk f
City of McAllen. Ray's birthdate is February 21, 1993 and Maria's is December 30, 1995. Ray and Maria each received a W-2 from their res
employers.
Ray and Maria have interest income from McAllen State Bank which is reported a 1099-INT form. In addition, they own
Savings bonds (Series EE). The bonds had a value of $10,000 on January 1, 2021, and their value is $10,700 on December 31, 2021. They
not made an election with respect to these bonds.
Ray has an ex-wife named Judy Gomez. Pursuant to their January 27, 2016 (pre-2019) divorce decree, Ray pays her $450 per month in alli
payments were made on time in 2021. Judy's Social Security number is 566-74-8765.
During 2021, Ray was in the hospital for a successful operation. His health insurance company reimbursed Ray $4,732 for all of his hospital
doctor bills.
In June 2021, Maria's father died. Under a life insurance policy owned and paid for by her father, Maria was paid death benefits of $25,000.
used $7,800 to cover a portion of the funeral costs for her father.
Maria bought a Texas lottery ticket on impulse during 2021. Her ticket was lucky and she won $3,700. The winning amount was paid to Mari:
November 2021, with no income tax withheld.
Palm Oil Corporation provides Ray with a company car to drive while he is working. The Corporation spent $5,000 to maintain this vehicle dui
2021. Ray never uses the car for personal purposes.
A
Ray and Maria received a $2,800 EIP in 2021.
Required:
Complete the Gomez's federal tax return for 2021 on Form 1040 and Schedule 1. The Gomez's had health care coverage the entire year. They
not want to make a contribution to the presidential election campaign. Make any other realistic assumptions about any missing data.
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