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Required Information [ The following information applies to the questions displayed below. ] Reba Dixon is a fifth - grade school teacher who earned a

Required Information
[The following information applies to the questions displayed below.]
Reba Dixon is a fifth-grade school teacher who earned a salary of $37,560 in 2023. She is 45 years old and recelves
$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 recelved $52,200 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 Georgla in January of this year. Reba
provides more than one-half of Heather's support. They had been IIving in Colorado for the past 15 years, but ever since
her divorce, Reba has been wanting to move back to Georgla 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 $2,230 to move
their personal belongings, and she and Heather spent two days driving the 1,580 miles to Georgla.
Reba rented a home in Georgla. Heather decided to continue IIving 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 $3,330 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 $6,460 in state
Income taxes and $13,960 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 $1,010 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: $1,200 of interest income from corporate bonds and $1,720 interest income from
City of Denver municipal bonds. Overall, Reba's stock portfolio appreciated by $13,380, but she did not sell any of her
stocks.
Heather reported $6,400 of interest income from corporate bonds she recelved as gifts from her father over the last
several years. This was Heather's only source of income for the year.
Reba had $11,160 of federal income taxes withheld by her employer. Heather made $1,110 of estimated tax payments during
the year. Reba did not make any estimated payments.
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