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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

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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 S1,200 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 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 premium $7,952 Medical care expenses Prescription medicine Nonprescription medicine $1,100 $ 350 $ 100 $ 200 New contact lenses for Heather 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 wasn't 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, Reba's 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 Heather's 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) .. Determine Reba's federal income taxes due or taxes payable for the current year. Use Tax Rate Schedule for reference. (Do not round Intermediate values. Leave no answer blank. Enter zero if applicable.) Amount 5 $ $ $ 38,000 14400 50,000 1,200 2,200 0 105,800 $ 5 $ Description Gross Income Salary Alimony received Rental receipts Disability insurance payments Interest income from corporate bonds Interest income from municipal bonds (1) Gross income Deductions for AGI Expenses for rental property Q) Total for AGI deductions (3) AGI From AGI deductions Medical expenses State income taxes Charitable contributions (4) Total itemized deductions (5) Standard deduction (6) Greator of itemized deductions or standard deduction (7) Taxable income (8) Tax on taxable income (9) Credits (10) Tax prepayments Tax refund $ $ $ 19,500 19,500 06.300 $ $ $ $ $ $ $ 5 $ 's 3.129 5,800 12.500 21.429 18,650 21.429 64.871 8,620 685 (10.000) (2.065) download the Tax Form and enter the required values in the appropriate fields. . ---- EA 2019 1040 Dpto the return 09 U.S. Individual Income Tax Return OMB No 1545-0074 wwww Filing Status Shy Married in Marating sy Heute hod 1404 Claying widow Check only you checked the shorter the name of spouse. If you checked the HOHOW box under the child's and their person is one box a child but not your dependent Your first name and middle initial Late Your security number fortretum, spouse's first name and middle Last name Spouse's social security be Home address number and street). If you have a PO box, sections Apt.no Presidential action Campaign Check ny toge Check four Oly, town or post office, stwie, and ZIP code. If you have a foreign we complete space betwee instruction Foreign country name Foreign province/courty Foro poco more than our depender and andere Standard Someone can claimi You ma dependent You dependent Deduction Sport um er your Agu/Blinds You were born before Jury2.1965 bind pe Womery bid Dependents (e instructions: mai multe 14 F La Credit Der 26 3b 4b 4d 1 Wages, salaries, poet. Altach Form W2 2 Tonem interest Taubert Altachtich fragtid 3o Band Quand dividende b Ordinary divided it De RA stron Tout re Persone and is 40 d Taxatient 312.200 focial security benefits Sa DTAG . verum Capital gain or for Attach Schedule Degred. It rot required, check here 70 4400 Other income from the 19 Addines 1.20, 35, 40, 45, and 7. This is your total income 3 Auments to come from Schedule 1, 22 . utract line abomine. This is your de gross income . Banand deduction or itemized deductions from Schedule A Dado 10 Qualified buss income cutin Altach Form 1995 or Form 1995-A 10 Add line and 10 Yanabile income. De nella from interno For Disclosure. Privacy Act, and Paperwork Reduction Act Notice, separate instructions Ce . To TD Ba 11b Form 1040 ore Page 2 1 Form 1040 2010 12 Tax troins) Check it any from Formel 1 L 1614 2 4972 3 12 Add Schedule 2. in 3. and line 122 and anster the total 12 13 Chadtax creditor credit for other dependents 13 Add Schedule 3, line 7, and line 13 and enter the total 136 14 Subtract line 136 from line 12b. We or less enter- 14 18 Others including femployment tax, from Schedule 2. Ine 10 16 10 Add lines 14 and 15. This is your totalt 17 Federal income tax withheld from Forms W-2 and 1099 17 18 Other payments and refundable credits - you are a Gual a Eamed income credit in E Tha . Additional chadtax credit. Attach fchedule 8812 1b American opportunity credit from Form 63. In corte 18e d Schedule 3. ine 14 Add lines through 1d. These are your total other payments and refundable credits 18e 10 Aedes 17 and 11 There your total payments 19 20 Refund Win 10 is more than line 16. Subtractive 16 from 19. This is then you everpad 20 21a Amount of in 20 you want refunded to you. If Form 6666 is attached. Checker 21 Dec See Routing number Type Checking Saving d Acoour number 22 Amount of in 20 you wanted to your 2020 estimated tas Amount 23 Amount you owe Butrine 10 from 10. For details on how to wyschon You Owe 94 Estimated expendly rentation Third Party Do you want to slow mother person for Iran your pareparto discuss this retum win the Structions Yes. Como Designee No Designs Phone Personal de cation name PIN Sign Uniwed and we do y de wore and Decoration Women of www le Here Your signature Date Your occupation if the IRS and you cantity Protection Nanter it here Jour return beet) Sections Spouse's signature. I return, both muss Date Spouse's occupation if the Send your Mero a copy identity in Panther you records int) Praneno Email addres Preparerarme Date Preparer's rare PTIN Checki Pald 3rd Party Design Preparer Fumane Phone Semed Use Only dress F'S END www.goonio Morton and woman For 1040

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