Reba Dixon is a fifth-grade school teacher who earned a salary of $38,000 in 2020. She 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 Heathers support. They had been living in Colorado for the past 15 years, but ever since her divorce, 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 $2,010 to move their personal belongings, and she and Heather spent two days driving the 1,426 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 $3,000 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 $5,800 in state income taxes and $12,500 in charitable contributions during the year. She also paid the following medical-related expenses for herself and Heather: Insurance premiums $ 7,952 Medical care expenses $ 1,100 Prescription medicine $ 350 Nonprescription medicine $ 100 New contact lenses for Heather $ 200 Shortly after the move, Reba got distracted while driving and she ran into a street sign. The accident caused $900 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 wasnt able to work for two months after the accident. Fortunately, she received $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 $1,500 interest income from City of Denver municipal bonds. Overall, Rebas stock portfolio appreciated by $12,000, but she did not sell any of her stocks. Heather reported $6,200 of interest income from corporate bonds she received as gifts from her father over the last several years. This was Heathers only source of income for the year. Reba had $10,000 of federal income taxes withheld by her employer. Heather made $1,000 of estimated tax payments during the year. Reba did not make any estimated payments. Reba had qualifying insurance for purposes of the Affordable Care Act (ACA). Download the Tax Form and enter the required values in the appropriate fields. Please right click on the attached Adobe document and select open in new window. Then, download the Tax Form and enter the required values in the appropriate fields. Save your completed Tax Form to your computer and then upload it here by clicking "Browse." Next, click "Save." (Use 2020 tax rules regardless of year on form.)
the task is to Fill out the 1040 Form with the information above
How to Fill Out Your Form 1040 2019 Form 1040 Sep/Desktop/TAXATION/f1040f.pdf One.IU | All U Cam. Q MKT 3427 Chapter Assic News Translate Canvas Gmail Q Operations Test 1 Fl... (09 2019 1040 Department of the Treasury Internal Revenue Service U.S. Individual Income Tax Return OMB No. 1545-0074 IRS Une Only-Do not write or staple in this space. Filing Status Single Married fing jointly Married hiling separately (MFS) Head of household (HOH) Qualifying widower) (OW) Check only If you checked the MFS box, enter the name of spouse. If you checked the HOH or GW box, enter the child's name if the qualifying person is one box a child but not your dependent Your first name and middle initial Last name Your social security number Reba B Dixon 1 2 3 4 5 6 7 8 If joint return, spouse's tirst name and middle initial Last name Spouse's social security number Home address (number and street). If you have a P.O. box, see instructions. Apt, no Presidential Election Campaign 7483 Smith Rd Check here if you, or your spounding jointly, wart $3 to go to the fund. City, town or post office, state, and ZIP code. If you have a fornion address, also complete spaces below (see instructions) Checking a box below will not change your Richmond, Georgia, 47583 tax or refund You Spouse Foreign country name Foreign province/state/county Foreign postal code If more than four dependents Franklin County see instructions and here Standard Someone can claim: You as a dependent Your spouse as a dependent Deduction Spous itemizes on a separate retum or you were a dual-status alien Age/Blindness You Were born before January 2, 1955 Are blind Spouse: : Was born beforn January 2, 1955 Is blind Dependents (see instructions): (2) Social security number (3) Relationship to you (9 i qualifies for see instructions: (1) Festom at name Child tax credit Credit for other dependents Heather Dixon 374 8 38 39 Daughter 1 2b 3b 40 40 5b Standard Deduction for Segle or Mamed Ning seperty $12,200 Martling Ichty or Qualifying widow $24.400 -Hof honhold $11.99 1 Wagas salaries, tips, etc. Attach Form) W-2 2a Tax-exempt Internet 2a b Taxable interest. Attach Sch. Bit required 3a Qualified dividends 3a b Ordinary dividenrk. Attach Sch. B required 4a IRA distributions 4a b Taxable amount Pensions and annuite 40 d Taxable amount Sa Social security benefits Ba b Taxable amount 6 Capital gain or loss. Attach Schedule D it required. If not required, check here 7a Other income from Schedule 1, line 9 b Add lines 1.2b, 35, 46, 4d, 5h, G. and 7a. This is your total income Adjustments to income from Schedule 1. line 2 th 6 7a 7b BA 6 rch O C FIOS F8 F FE Prisc F3 La ! 1 % 3 $ 4 5 6 7 8 E R R T Y U | . 3 2019 Form 1040 X s How to Fill Out Your Form 1040 + ers/josep/Desktop/TAXATION/f1040f.pdf S M Gmail News Translate u Canvas Q Operations Test 1 FI Dl One.ll | All U Cam.. MKT 3427 Chapter Assignmen Form 1040 (2019) Page 2 12a Tax (see inst) Check it any from Forms 1 9814 24972 3 12a b Add Schedule 2 line 3, and line 12a and enter the total 12b 13a Child tax credit or credit for other dependents 13a b Add Schedule 3, line 7 and ine 13a and enter the total 136 14 Subtract line 13b from line 12b. If zere or less enter-O 14 15 Other taxes, including self-employment tax, from Schedule 2 line 10 15 16 Add lines 14 and 15. This is your total tax 16 17 Federal income tax withheld from Forms W-2 and 1099 17 I 18 If you have a Other payments and refundable credits quallying hiki a Earned Income credit (EIC) attaci Sch. FC 180 If you have b Additional child tax credit. Attach Schedule 6812 18b nortable o American opportunity credit from Fom 8863, line 8 18c combat peys instructions d Schedule 3. Ine 14 18d Add lines 18a through 18d. These are your total other payments and refundable credits 18e 19 Add lines 17 and 18e. These are your total payments 19 Refund 20 If line 19 is more than line 16, subtract line 16 from line 19. This is the amount you overpald 20 218 Amount of line 20 you want refunded to you. I Form 9888 is attached, check here 21a Drect deposit b Roxiting number e Type Checking Savings Seestructions Account number 22 Amount of line 20 you want applied to your 2020 estimated tax 22 Amount 23 Amount you owe. Subtract line 19 from line 16. For details on how to pay, so instructions 23 You Owe 24 Estimated tax penalty (see instructions) 24 Third Party Do you want to allow another person other than your paid prepared to discuss this retum with the RS7 See Instructions Yes. Complete below Designee No Other than Designe's Phone Personal identification po name no number (PIN Sign Uncato per decker that I have some this retum and accompanying schedules and statements and to the best of my knowledge and let they are correct and complete. Declaration prepare for the prin bed on alati at which are my knowledge Here Your sin Date Your occupation If the IRS ant you an identity Protectie PIN, enter the Joint return se inst) TTTT See Instructions Spon's signature. If ant ratum both must sign Date Spouse's occupation if the IRS at your spouse an HAD A apy for Iratite i PIN itu O W earch 10 AVIVOBO re E2 FE FC FIC 192 1. La D Pit Sc IN $ % 3 4 5 6 & 7 8 E R T T Y U o D F G H K L How to Fill Out Your Form 1040 2019 Form 1040 Sep/Desktop/TAXATION/f1040f.pdf One.IU | All U Cam. Q MKT 3427 Chapter Assic News Translate Canvas Gmail Q Operations Test 1 Fl... (09 2019 1040 Department of the Treasury Internal Revenue Service U.S. Individual Income Tax Return OMB No. 1545-0074 IRS Une Only-Do not write or staple in this space. Filing Status Single Married fing jointly Married hiling separately (MFS) Head of household (HOH) Qualifying widower) (OW) Check only If you checked the MFS box, enter the name of spouse. If you checked the HOH or GW box, enter the child's name if the qualifying person is one box a child but not your dependent Your first name and middle initial Last name Your social security number Reba B Dixon 1 2 3 4 5 6 7 8 If joint return, spouse's tirst name and middle initial Last name Spouse's social security number Home address (number and street). If you have a P.O. box, see instructions. Apt, no Presidential Election Campaign 7483 Smith Rd Check here if you, or your spounding jointly, wart $3 to go to the fund. City, town or post office, state, and ZIP code. If you have a fornion address, also complete spaces below (see instructions) Checking a box below will not change your Richmond, Georgia, 47583 tax or refund You Spouse Foreign country name Foreign province/state/county Foreign postal code If more than four dependents Franklin County see instructions and here Standard Someone can claim: You as a dependent Your spouse as a dependent Deduction Spous itemizes on a separate retum or you were a dual-status alien Age/Blindness You Were born before January 2, 1955 Are blind Spouse: : Was born beforn January 2, 1955 Is blind Dependents (see instructions): (2) Social security number (3) Relationship to you (9 i qualifies for see instructions: (1) Festom at name Child tax credit Credit for other dependents Heather Dixon 374 8 38 39 Daughter 1 2b 3b 40 40 5b Standard Deduction for Segle or Mamed Ning seperty $12,200 Martling Ichty or Qualifying widow $24.400 -Hof honhold $11.99 1 Wagas salaries, tips, etc. Attach Form) W-2 2a Tax-exempt Internet 2a b Taxable interest. Attach Sch. Bit required 3a Qualified dividends 3a b Ordinary dividenrk. Attach Sch. B required 4a IRA distributions 4a b Taxable amount Pensions and annuite 40 d Taxable amount Sa Social security benefits Ba b Taxable amount 6 Capital gain or loss. Attach Schedule D it required. If not required, check here 7a Other income from Schedule 1, line 9 b Add lines 1.2b, 35, 46, 4d, 5h, G. and 7a. This is your total income Adjustments to income from Schedule 1. line 2 th 6 7a 7b BA 6 rch O C FIOS F8 F FE Prisc F3 La ! 1 % 3 $ 4 5 6 7 8 E R R T Y U | . 3 2019 Form 1040 X s How to Fill Out Your Form 1040 + ers/josep/Desktop/TAXATION/f1040f.pdf S M Gmail News Translate u Canvas Q Operations Test 1 FI Dl One.ll | All U Cam.. MKT 3427 Chapter Assignmen Form 1040 (2019) Page 2 12a Tax (see inst) Check it any from Forms 1 9814 24972 3 12a b Add Schedule 2 line 3, and line 12a and enter the total 12b 13a Child tax credit or credit for other dependents 13a b Add Schedule 3, line 7 and ine 13a and enter the total 136 14 Subtract line 13b from line 12b. If zere or less enter-O 14 15 Other taxes, including self-employment tax, from Schedule 2 line 10 15 16 Add lines 14 and 15. This is your total tax 16 17 Federal income tax withheld from Forms W-2 and 1099 17 I 18 If you have a Other payments and refundable credits quallying hiki a Earned Income credit (EIC) attaci Sch. FC 180 If you have b Additional child tax credit. Attach Schedule 6812 18b nortable o American opportunity credit from Fom 8863, line 8 18c combat peys instructions d Schedule 3. Ine 14 18d Add lines 18a through 18d. These are your total other payments and refundable credits 18e 19 Add lines 17 and 18e. These are your total payments 19 Refund 20 If line 19 is more than line 16, subtract line 16 from line 19. This is the amount you overpald 20 218 Amount of line 20 you want refunded to you. I Form 9888 is attached, check here 21a Drect deposit b Roxiting number e Type Checking Savings Seestructions Account number 22 Amount of line 20 you want applied to your 2020 estimated tax 22 Amount 23 Amount you owe. Subtract line 19 from line 16. For details on how to pay, so instructions 23 You Owe 24 Estimated tax penalty (see instructions) 24 Third Party Do you want to allow another person other than your paid prepared to discuss this retum with the RS7 See Instructions Yes. Complete below Designee No Other than Designe's Phone Personal identification po name no number (PIN Sign Uncato per decker that I have some this retum and accompanying schedules and statements and to the best of my knowledge and let they are correct and complete. Declaration prepare for the prin bed on alati at which are my knowledge Here Your sin Date Your occupation If the IRS ant you an identity Protectie PIN, enter the Joint return se inst) TTTT See Instructions Spon's signature. If ant ratum both must sign Date Spouse's occupation if the IRS at your spouse an HAD A apy for Iratite i PIN itu O W earch 10 AVIVOBO re E2 FE FC FIC 192 1. La D Pit Sc IN $ % 3 4 5 6 & 7 8 E R T T Y U o D F G H K L
