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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 $1.200 of alimony payments each month from her former husband (divorced on 12/31/2016). 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 quality 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 Insurance premiums Medical care expenses Prescription medicine Nonprescription medicine Nex contact lenses for Heather $7.952 $1,100 $ 350 $ 100 $ 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 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 tox payments during the year Reba did not make any estimated payments Reba had qualifying insurance for purposes of the Affordable Care Act (ACA) Saved Using the information from part a-1. Complete pages 1 and 2, Schedule 1, and Schedule 3 of Form 1040 for Reba. Reba Dixon's address is 19010 NW 135th Street, Miami, FL 33054 Social security numbers: Reba Dixon: 111-11-1111 Heather Dixon: 222-22-2222 (Input all the values as positive numbers. Use 2020 tax rules regardless of year on tax form. Round your intermediate computations and final answers to the nearest whole dollar amount.) 1 1 Wages salaries ipset Attach FormW-2 2 Thuexemptintoret 20 3a Qualified dividends baxable interest Attach Schi required Ordear hds. Altach sich it round Path da molt 30 Ad Tablet sh 6 Standard 48 Adrion Deduction for Singe Pension and nutes Marned Thing wately sa soal security benefits 512.300 Marteding 6 Capital gainerAttach fichele Diteguret not required check here wy Ouwing 7 Other come from schedule 13 524466 Asins 1.2.3.4.3.3.6.and This is your total income Head household sades to come on the 318350 if you thecked on This is your sed grow.com antioxide Standard Standard de Schedule Deduction con 10 the busincome den som 10 1110 Time to 11 12a 12b 13a 130 14 15 16 17 12a Tax (see it. Check if any from Fom(s) (1)8814 (2) 4972 (3) b Add Schedule 2. Iine 3, and line 122 and enter the total 13a Child tax credit of credit for other dependents b Ada Schedule 3. ine 7 and line 13 and enter the total 14 Subtract line 136 from line 12 freno orbe enter- 15 metres, including solfemployment tax, from Schedule 2. Iine 10 16 Addlines 14 and 15. This is your total tax 17 Federal income tax withheld from Forms W2 and 1090 18 ve payments and refundable credits it you have a qualche med Income cred) attach Sch C il you have Actional chitax credit Attach Schedule 3612 novace compare American oportunity credit bom Form 3 in 1 instructions Schedule 14 Mines And These are you the parenter 187 The is more than 16, sutrine 16 min 1 This is the amount you paid Refund 21 Amount you wanted to you formiche che here Die Geport Chei 18 16 18 100 18 0 10 20 Reba 222-22-2222 No Yes 1 1 2a 14 Dixon At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in anyvirtual currency? Part 1 Additional Income Taxable refunds, credits, or offsets of state and local income taxes 2a Alimony received Date of original divorce or separation agreement (see instructions 12/31/2016 Business income or (1088). Attach Schedule Other gains.ox (losses). Altach Form 4797 Rental real estate, royalties partnerships Scorporations, trusts, etc Attach Schedule Farm income of loss. Attach Schedule F Unemployment compensation Other income List type and amount b 3 3 4 4 5 5 6 6 7 7 8 8 9 14.400 Part II Combine Ines 1 though 8. Enter here and on Form 1040 or 1040-SR line 7 Adjustments to Income Educator expenses Certain business expenses of reservist performing artist and free government officials Amach Form 2106 10 10 11 11 12 He savings account deduction Attech Form 389 17 0 Part 1 Nonrefundable Credits 1 Foreign tax credi Altach For 1916 required 1 2 Credit for child and dependent care expenses Altach For 2441 2 3 Education Credits from Form 1963, line 19 3 4 Retirement savings contributions Credit Attach Form 3880 4 Residential energy credt Math Form 506 5 6 Other credits trom Form a 3500 5001 6 7 Add Ines 1 through Enterre and include on Form 1040 or 1040-5R line 130 Part II Other Payments and Refundable Credits 8 2011 estimated tax payments and mountapped from 2010 rotum Net premium Creol Attach Form 1062 9 10 Amount paid with restention to contro 10 11 Excessity and 1 RATA tax with 11 12 Credit to federakontach am 41 12 13 Crechstrom Form 13 14 Alines 13 er here and no 104 104 104 14 THE POWER ANY LOR THUS FORMISA SIMULATION OF AN OFFICIALUS TAK FORM, IT IS NOT THE OFFICIAL FORM ITSELF DO NOT USE THIS FORM FOR TAX FRINOSOR FOR ANY PURPOSE OTHER THAN TOUCATIONALE 2030 Meducation 100 1040 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 on 12/31/2016). 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 quality 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 Insurance premiums Medical care expenses Prescription medicine Nonprescription medicine Nex contact lenses for Heather $7.952 $1,100 $ 350 $ 100 $ 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 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 tox payments during the year Reba did not make any estimated payments Reba had qualifying insurance for purposes of the Affordable Care Act (ACA) Saved Using the information from part a-1. Complete pages 1 and 2, Schedule 1, and Schedule 3 of Form 1040 for Reba. Reba Dixon's address is 19010 NW 135th Street, Miami, FL 33054 Social security numbers: Reba Dixon: 111-11-1111 Heather Dixon: 222-22-2222 (Input all the values as positive numbers. Use 2020 tax rules regardless of year on tax form. Round your intermediate computations and final answers to the nearest whole dollar amount.) 1 1 Wages salaries ipset Attach FormW-2 2 Thuexemptintoret 20 3a Qualified dividends baxable interest Attach Schi required Ordear hds. Altach sich it round Path da molt 30 Ad Tablet sh 6 Standard 48 Adrion Deduction for Singe Pension and nutes Marned Thing wately sa soal security benefits 512.300 Marteding 6 Capital gainerAttach fichele Diteguret not required check here wy Ouwing 7 Other come from schedule 13 524466 Asins 1.2.3.4.3.3.6.and This is your total income Head household sades to come on the 318350 if you thecked on This is your sed grow.com antioxide Standard Standard de Schedule Deduction con 10 the busincome den som 10 1110 Time to 11 12a 12b 13a 130 14 15 16 17 12a Tax (see it. Check if any from Fom(s) (1)8814 (2) 4972 (3) b Add Schedule 2. Iine 3, and line 122 and enter the total 13a Child tax credit of credit for other dependents b Ada Schedule 3. ine 7 and line 13 and enter the total 14 Subtract line 136 from line 12 freno orbe enter- 15 metres, including solfemployment tax, from Schedule 2. Iine 10 16 Addlines 14 and 15. This is your total tax 17 Federal income tax withheld from Forms W2 and 1090 18 ve payments and refundable credits it you have a qualche med Income cred) attach Sch C il you have Actional chitax credit Attach Schedule 3612 novace compare American oportunity credit bom Form 3 in 1 instructions Schedule 14 Mines And These are you the parenter 187 The is more than 16, sutrine 16 min 1 This is the amount you paid Refund 21 Amount you wanted to you formiche che here Die Geport Chei 18 16 18 100 18 0 10 20 Reba 222-22-2222 No Yes 1 1 2a 14 Dixon At any time during 2019, did you receive, sell, send, exchange, or otherwise acquire any financial interest in anyvirtual currency? Part 1 Additional Income Taxable refunds, credits, or offsets of state and local income taxes 2a Alimony received Date of original divorce or separation agreement (see instructions 12/31/2016 Business income or (1088). Attach Schedule Other gains.ox (losses). Altach Form 4797 Rental real estate, royalties partnerships Scorporations, trusts, etc Attach Schedule Farm income of loss. Attach Schedule F Unemployment compensation Other income List type and amount b 3 3 4 4 5 5 6 6 7 7 8 8 9 14.400 Part II Combine Ines 1 though 8. Enter here and on Form 1040 or 1040-SR line 7 Adjustments to Income Educator expenses Certain business expenses of reservist performing artist and free government officials Amach Form 2106 10 10 11 11 12 He savings account deduction Attech Form 389 17 0 Part 1 Nonrefundable Credits 1 Foreign tax credi Altach For 1916 required 1 2 Credit for child and dependent care expenses Altach For 2441 2 3 Education Credits from Form 1963, line 19 3 4 Retirement savings contributions Credit Attach Form 3880 4 Residential energy credt Math Form 506 5 6 Other credits trom Form a 3500 5001 6 7 Add Ines 1 through Enterre and include on Form 1040 or 1040-5R line 130 Part II Other Payments and Refundable Credits 8 2011 estimated tax payments and mountapped from 2010 rotum Net premium Creol Attach Form 1062 9 10 Amount paid with restention to contro 10 11 Excessity and 1 RATA tax with 11 12 Credit to federakontach am 41 12 13 Crechstrom Form 13 14 Alines 13 er here and no 104 104 104 14 THE POWER ANY LOR THUS FORMISA SIMULATION OF AN OFFICIALUS TAK FORM, IT IS NOT THE OFFICIAL FORM ITSELF DO NOT USE THIS FORM FOR TAX FRINOSOR FOR ANY PURPOSE OTHER THAN TOUCATIONALE 2030 Meducation 100 1040

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