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Required: Complete the Gomez's federal tax return for 2020 on Form 1040 and Schedule 1. 2B.) Carl Conch and Mary Duval are married and file
Required: Complete the Gomez's federal tax return for 2020 on Form 1040 and Schedule 1. 2B.) Carl Conch and Mary Duval are married and file a joint return. Carl works for the Key Lime Pie Company and Mary is unemployed after losing her job in 2019. Carl's birth- date is June 14, 1975 and Mary's is October 2, 1975. Carl's earnings are reported on the following Form W-2: ter 2 Gross Income and Exclusions file Visit the IRS website at www.lrs.gov/ohto Employee's social security number 835-21-5423 b Employer identifiantion number (EIN) 61-7654321 c Employer's name, address, and ZIP code Key Lime Pie Company 223 Key Deer Blvd Big Pine Key, FL 33043 Safe, accurate, unse OMB No 1545-0006 FASTI Uso 1 Wages, tips, other compensation 67,894.88 3 Social security wages 67,894.88 5 Medicare wages and tips 67,894.88 7 Social security tips 2 Federal income tax withhold 6,232.00 4 Social security tax withhold 4,209.48 6 Medicare tax withheld 984.48 8 Allocated tips 10 Dependent care benefits 9 d Control number Suff. 11 Nonqualified plans Last name 12a See instructions for box 12 240.00 12b Retiremen e Employee's first name and initial Carl Conch 1234 Mallory Square, Apt. #64 Key West, FL 33040 Third-party sick pay 13 Statutory employee 12c 14 Other Parking $1,680.00 12d 20 Locality name 1 Employee's address and ZIP code 15 State Employer's state ID number FLI 16 State wages, tips, etc. 17 State income tax 18 Local wages, tips, etc. 19 Local income tax Department of the Treasury-Internal Revenue Service W-2 Wage and Tax Statement 2020 Form Copy B-To Be Filed With Employee's FEDERAL Tax Return This information is being furnished to the Internal Revenue Service, Carl and Mary received the following Form 1099: CORRECTED (if checked) PAYER'S name, street address, city or town, state or province, country, ZIP Payer's RTN (optional) or foreign postal code, and telephone no. OMB No. 1545-0112 2020 Coral Reef Bank 3102 Simonton Street Key West, FL 33040 Interest Income 1 Interest income 426.19 $ 2 Early withdrawal penalty Form 1099-INT Copy B PAYER'S TIN RECIPIENT'S TIN IS For Recipient 3 Interest on U.S. Savings Bonds and Treas. obligations 31-1234444 633-65-7912 $ 4 Federal income tax withheld 5 Investment expenses RECIPIENT'S name This is important tax information and is Mary Duval and Carl Conch 6 Foreign tax paid 7 Foreign country or U.S. possession being furnished to the IRS. If you are IS Street address (including apt. no.) required to file a 8 Tax-exempt interest 9 Specified private activity bond return, a negligence 1234 Mallory Sq. #64 interest penalty or other sanction may be City or town, state or province, country, and ZIP or foreign postal code $ $ imposed on you if Key West, FL 33040 10 Market discount 11 Bond premium this income is taxable and the FATCA filing $ determines that it has $ requirement not been reported. 12 Bond premium on Treasury obligations 13 Bond premium on tax-exempt bond S $ Account number (see Instructions) 14 Tax-exempt and tax credit 15 State 16 State identification no. 17 State tax withheld bond CUSIP no. $ Form 1099-INT (keep for your records) IS www.irs.gov/Form 1099INT Department of the Treasury - Internal Revenue Service Mary is divorced and she pays her ex-husband (Tom Tortuga) child support. Pursuant to their January 12, 2017 divorce decree, Mary pays Tom $500 per month in child support. All payments were made on time In June 2020, Mary's father gave her a cash gift of $75,000. Mary also received unemployment compensation as shown on the following Form 1099-G: 2020 CORRECTED (if checked) PAYER'S name, street address, city or town state or province, country. ZIP 1 Unemployment compensation OMB No 1545-0120 or foreign postal code, and telephone no Florida Dept. of Econ. Opportunity 3.100.24 S 107 E. Jefferson Blvd 2 State or local income tax Tallahassee, FL 32399 refunds, credits, or offsets 2020 Certain Government Payments 3 Box 2 amount is for tax year Form 1099-G 4 Federal income tax withheld s 180.00 RECIPIENTS TIN 633-65-7912 PAYER'S TIN 21-5556666 RECIPIENT'S name Mary Duval 6 Taxable grants 5 RTAA payments S. 7 Agriculture payments IS 9 Market gain S 81 checked, box 2 is trade or business income Copy B For Recipient This is important tax information and is being furnished to the IRS. If you are required to file a return, a negligence penalty or other sanction may be imposed on you if this income is taxable and the IRS determines that it has not been reported Street address (including apt. no.) 1234 Mallory Square Apt 64 City or town, state or province, country, and ZIP or foreign postal code Key West, FL 33040 Account number (see instructions) 10a State 10b State identification no. 11 State income tax withheld Form 1099-G Department of the Treasury - Internal Revenue Service www.irs.gov/Form1099G (keep for your records) Mary won a $800 prize in a women's club raffle in 2020. No income tax was withheld from the prize. The Key Lime Pie Company provides Carl with a company car to drive while he is working. The Company spent $6,475 to maintain this vehicle during 2020. Carl never uses the car for personal purposes. The Key Lime Pie Company also provides a cafete- ria for all employees on the factory premises. Other restaurants exist in the area and so Carl is not required to eat in the cafeteria, but he typically does. The value of Carl's meals is $650 in 2020. Carl and Mary received a $2,400 EIP in 2020. Required: Complete Carl and Mary's federal tax return for 2020 on Form 1040 and Schedule 1
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