Required information (The following information applies to the questions displayed below.) Reba Dixon is a fifth-grade school teacher who earned a salary of $38,000 in 2021. 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 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 $2,330 to move their personal belongings, and she and Heather spent two days driving the 1,680 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 $3,480 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 $6,800 in state income taxes and $14,670 in charitable contributions during the year. She also paid the following medical-related expenses for herself and Heather: Insurance premiums Medical care expenses Prescription medicine Nonprescription medicine New contact lenses for Heather $ 9,320 $ 1,100 $ 510 $ 100 $ 200 Shortly after the move, Reba got distracted while driving and she ran into a street sign. The accident caused $1.060 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 $1,820 interest income from City of Denver municipal bonds. Overall, Reba's stock portfolio appreciated by $14,070, but she did not sell any of her stocks. Heather reported $6,600 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 $11,720 of federal income taxes withheld by her employer. Heather made $1,160 of estimated tax payments during the year. Reba did not make any estimated payments. Assume Reba received the correct advance payment for her 2021 individual recovery credit. 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 N.W. 135th Street, Lawrenceville, GA 30043. Social security numbers: Reba Dixon: 111-11-1111 Heather Dixon: 222-22-2222 (Assume all taxpayers did NOT receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency during the year. Input all the values as positive numbers. Use 2021 tax rules regardless of year on tax form. Round your intermediate computations and final answers to the nearest whole dollar amount.) 1040 for a Head of household with one dependent. 1040 PG 1 1040 PG 2 Schedule 1 Schedule 3 Form 1040 Page 1 and 2. Department of the Treasury Form Internal Revenue Service (99) 1040 U.S. Individual 2020 OMB No 1545-0074 IRS Use Only Do not write or staple in this space. Income Tax Return Married filing Filling Status Single Married fling separately (MFS) Head of household (HOH) Qualifying widower) (ow) jointly Check only If you checked the MFS box, enter the name of your spouse. you checked the HOH or OW box, enter the child's name if the qualitying person is one box a child but not your dependent. Your first name and middle initial Last name Your social security number Reba Dixon 111-11-1111 Spouse's social security number If joint retum, spouse's first name and middle initial Last name Home address (number and street). If you have a P.O. box see instructions Apt. no. Presidential Election Campaign 19010 N.W. 135th Street Check here if you, or your spoused City, town, or post office. If you have a foreign address, also complete spaces below. State ZIP code ning jointly, want $3 to go to this fund. 111-11-1111 Checking a box below will not change your tax or refund Foreign country name Foreign province/state county Foreign postal code You Spouse At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any Yes No virtual currency? Someone can Standard You as a dependent Your spouse as a dependent claim Deduction Spouse itemizes on a separate return or you were a dual status alien Age/Blindness You: Were bom before January 2, 1956 Are blind Spouse: Was born before January 2, 1956 is blind Dependents (see instructions): (2) Social Security number (3) Relationship to you (4) if qualfies for (see instructions): (1) First name Last name Child tax credit Credit for other dependents If more than Heather Dixon 111-11-1111 Daughter four dependents, see instructions and check here . 1 Wages, salaries, tips, etc. Attach Formis) W-2 Attach Sch. Bir 2a Tax-exempt interest 2a b Taxable interest. 2b required. 3a Qualified dividends b Ordinary dividends. 3b 4a IRA distributions 4a Taxable amount 4b Sa Pensions and annuities ba Taxable amount Sb sa Social security benefits ta Taxable amount 6b Standard 7 Capital gain or loss). Amount. 7 Deduction for + Single or B Other income from Schedule 1, line 9 Married filing separately. 9 Add Ines 1, 2, 3, 4, 5, 6, 7 and 8. This is your total income $12,400 Married filing 10 Adjustments to income: jointly or Qualifying a From Schedule 1, line 22 10a widower) b Charitable contributions if you take the standard deduction See instruction 10b $24,800 + Head of c Add lines 10a and 10b. These are your total adjustments to income 100 household $18,650 11 Subtract line 100 from line 9. This is your adjusted gross income 11 0 you checked any box under 12 Standard deduction or itemized deductions (from Schedule A) 12 Standard 13 Qualified business income deduction. Attach Form 8995 or Form 8995-A 13 Deduction see instructions 14 Add lines 12 and 13 14 0 15 Taxable income. Subtract line 14 from line 11. If zero or less, enter- 15 0 For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate Instructions. Cat No. 113200 Form 1040 (2020) THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. 2021 McGraw-Hill Education Required information (The following information applies to the questions displayed below.) Reba Dixon is a fifth-grade school teacher who earned a salary of $38,000 in 2021. 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 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 $2,330 to move their personal belongings, and she and Heather spent two days driving the 1,680 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 $3,480 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 $6,800 in state income taxes and $14,670 in charitable contributions during the year. She also paid the following medical-related expenses for herself and Heather: Insurance premiums Medical care expenses Prescription medicine Nonprescription medicine New contact lenses for Heather $ 9,320 $ 1,100 $ 510 $ 100 $ 200 Shortly after the move, Reba got distracted while driving and she ran into a street sign. The accident caused $1.060 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 $1,820 interest income from City of Denver municipal bonds. Overall, Reba's stock portfolio appreciated by $14,070, but she did not sell any of her stocks. Heather reported $6,600 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 $11,720 of federal income taxes withheld by her employer. Heather made $1,160 of estimated tax payments during the year. Reba did not make any estimated payments. Assume Reba received the correct advance payment for her 2021 individual recovery credit. 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 N.W. 135th Street, Lawrenceville, GA 30043. Social security numbers: Reba Dixon: 111-11-1111 Heather Dixon: 222-22-2222 (Assume all taxpayers did NOT receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency during the year. Input all the values as positive numbers. Use 2021 tax rules regardless of year on tax form. Round your intermediate computations and final answers to the nearest whole dollar amount.) 1040 for a Head of household with one dependent. 1040 PG 1 1040 PG 2 Schedule 1 Schedule 3 Form 1040 Page 1 and 2. Department of the Treasury Form Internal Revenue Service (99) 1040 U.S. Individual 2020 OMB No 1545-0074 IRS Use Only Do not write or staple in this space. Income Tax Return Married filing Filling Status Single Married fling separately (MFS) Head of household (HOH) Qualifying widower) (ow) jointly Check only If you checked the MFS box, enter the name of your spouse. you checked the HOH or OW box, enter the child's name if the qualitying person is one box a child but not your dependent. Your first name and middle initial Last name Your social security number Reba Dixon 111-11-1111 Spouse's social security number If joint retum, spouse's first name and middle initial Last name Home address (number and street). If you have a P.O. box see instructions Apt. no. Presidential Election Campaign 19010 N.W. 135th Street Check here if you, or your spoused City, town, or post office. If you have a foreign address, also complete spaces below. State ZIP code ning jointly, want $3 to go to this fund. 111-11-1111 Checking a box below will not change your tax or refund Foreign country name Foreign province/state county Foreign postal code You Spouse At any time during 2020, did you receive, sell, send, exchange, or otherwise acquire any financial interest in any Yes No virtual currency? Someone can Standard You as a dependent Your spouse as a dependent claim Deduction Spouse itemizes on a separate return or you were a dual status alien Age/Blindness You: Were bom before January 2, 1956 Are blind Spouse: Was born before January 2, 1956 is blind Dependents (see instructions): (2) Social Security number (3) Relationship to you (4) if qualfies for (see instructions): (1) First name Last name Child tax credit Credit for other dependents If more than Heather Dixon 111-11-1111 Daughter four dependents, see instructions and check here . 1 Wages, salaries, tips, etc. Attach Formis) W-2 Attach Sch. Bir 2a Tax-exempt interest 2a b Taxable interest. 2b required. 3a Qualified dividends b Ordinary dividends. 3b 4a IRA distributions 4a Taxable amount 4b Sa Pensions and annuities ba Taxable amount Sb sa Social security benefits ta Taxable amount 6b Standard 7 Capital gain or loss). Amount. 7 Deduction for + Single or B Other income from Schedule 1, line 9 Married filing separately. 9 Add Ines 1, 2, 3, 4, 5, 6, 7 and 8. This is your total income $12,400 Married filing 10 Adjustments to income: jointly or Qualifying a From Schedule 1, line 22 10a widower) b Charitable contributions if you take the standard deduction See instruction 10b $24,800 + Head of c Add lines 10a and 10b. These are your total adjustments to income 100 household $18,650 11 Subtract line 100 from line 9. This is your adjusted gross income 11 0 you checked any box under 12 Standard deduction or itemized deductions (from Schedule A) 12 Standard 13 Qualified business income deduction. Attach Form 8995 or Form 8995-A 13 Deduction see instructions 14 Add lines 12 and 13 14 0 15 Taxable income. Subtract line 14 from line 11. If zero or less, enter- 15 0 For Disclosure, Privacy Act, and Paperwork Reduction Act Notice, see separate Instructions. Cat No. 113200 Form 1040 (2020) THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. 2021 McGraw-Hill Education