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Reba Dixon is a fifth-grade school teacher who earned a salary of $38,000 in 2022.5 he is 45 years old and has been divorced for

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Reba Dixon is a fifth-grade school teacher who earned a salary of $38,000 in 2022.5 he is 45 years old and has been divorced for four years. She receives $1,200 of alimony payments each month from her former husband (divorced in 2016 ). Reba also rents out a small apartment building. This year Reba received $50,000 of rental payments from tenants and she incurred $19,500 of expenses associated with the rental. Reba and her daughter Heather (20 years old at the end of the year) moved to Georgia in January of this year. Reba provides more than one-half of Heather's support. They had been living in Colorado for the past 15 years, but ever since her dlvorce, Reba has been wanting to move back to Georgia to be closer to her family. Luckily, last December, a teaching position opened up and Reba and Heather decided to make the move. Reba paid a moving company $2,190 to move their personal belongings, and she and Heather spent two days driving the 1,540 miles to Georgia. Reba rented a home in Georgia. Heather decided to continue living at home with her mom, but she started attending school full-time in January and throughout the rest of the year at a nearby university. She was awarded a $3,270 partial tuition scholarship this year, and Reba helped out by paying the remaining $500 tuition cost. If possible, Reba thought it would be best to claim the education credit for these expenses. Reba wasn't sure if she would have enough items to help her benefit from itemizing on her tax return. However, she kept track of several expenses this year that she thought might qualify if she was able to itemize. Reba paid $6,340 in state income taxes and $13,680 in charitable contributions during the year, She also paid the following medical-related expenses for herself and Heather: Shortly after the move, Reba got distracted while driving and ran into a street sign. The accident caused $990 in damage to the car and gave her whiplash. Because the repairs were less than her insurance deductible, she paid the entire cost of the repairs. Reba wasn't able to work for two months after the accident. Fortunately, she recelved $2.000 from her disability insurance. Her employer, the Central Georgia School District, paid 60 percent of the premiums on the policy as a nontaxable fringe benefit and Reba paid the remaining 40 percent portion. A few years ago. Reba acquired several investments with her portion of the divorce settlement, This year she reported the following income from her investments: $2,200 of interest income from corporate bonds and $1,680 interest income from City of Denver municipal bonds. Overall, Reba's stock portfolio appreciated by $13,120, but she did not sell any of her stocks. Heather reported $6,300 of interest income from corporate bonds she received as gifts from het father over the last several years. This was Heather's only source of income for the year. Reba had $10,940 of federal income taxes withheid by her employer. Heather made $1,090 of estimated tax payments during the yeat. Reba did not make any estimated payments. Using the information from part a-1, Complete pages 1 and 2, 5chedule 1, and Schedule 3 of Form 1040 for Reba. Reba Dikon's address is 19010 N.W. 135 th Street, Lawrencevile, GA 30043. Social security numbers: Reba Doxon: 111-11-1111 Heather Dixon:222-22-2222 (Assume all taxpayers did NOT recehe, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency during the year, Input all the values as positive numbers. Use 2022 tax rules regardless of year on tax form, Round your intermediate computations and final answers to the nearest whole dollar amount.) Form 1040 Page 1 rampoto poty i7 Amari boe Sinatiln 2, lew 3 is Aad irne it and 1 ? B5 Aroud por schatule 2 , the T i Madien te ore 20 SCHEDULE 1 (Form 1040) Additional Income and Adjustments to Income OMB No. 1545-0074 2021 Department of the Treasury Attach to Form 1040, 1040-SR, or 1040-NR. Attachment Sequence Internal Revenue Service Go to www. irs goviForm 1040 for instructions and the latest information. No. 01 Namn(s) shown on Form 1040, 1040-SR, of 1040-NR Yeur social securty number Part I Additional Income 1 Taxable refunds, credits, of offisots of state and local income taxes 2a Alimony recolved b Date of onginal divorce or separation agreemont (see instructions) > 3 Businoss income or (loss) Attich Schedule C Oiher gains or (losses). Altach Form 4797 Rental real estato, royalitios, parthorstips, S corporatons, thats, ete, Attwch Schidue E Farm income or (loss). Atach Schndue F Unomployment compensation Oever income: Net operaing loss Gambing income Cancolation of debt Foreign earned hoome exclusion from Form 2555 Taxsble Heaith Savings Account detribution Alaska Permanent Fund divisends Jury duty pay Prizos and awards Actwity not ongnged in for proft incorne Stock options income from the rental of personal property if you sngages in the rental for proff but were not in the business of reititg wich property Obmpic and Panabmpic medals and Usoc prize money (seo instructions) Section 951(e ) inckision (soe instrucians) Section 951A(o ) indusion (see inctructions) Section 461(i) oxcoss business loss adjustment Taxable datrbutions from an ABLE account (see instructions) Other income. List bpe and anount 2 9 Totul other income. Add ines Ba through bz, 10 Combine ines 1 trough 8 . Eneor bere and on Form 1040, 1040-SR, o tow0NR, ine s Adjustments to Income 8 Add lines 1 through 5 and 7 . Enter here and on Form 1040, 1040-SR, or 1040-NR, line 20

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