Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Rete Dixon is a hegteve school leather word solety of $39.000 in 2020. She is 45 years and has been there for four years. She

image text in transcribed

Rete Dixon is a hegteve school leather word solety of $39.000 in 2020. She is 45 years and has been there for four years. She receives $1.200 ufak ters each month other forer husband voted on 2012016. Recorents out a tellemes bune This year e recebeu 50.000 of rental payments from tonents and she incurred $9.500 of expenses associated with the res Rice and her daughter Heather (20 years old at the end of the year moved to Georgia in January of the yer Heba provides more than one half of Herther support. They had been Ming in Colorado for the past years, but ever since her cvoce, Rebs has been waiting to move back to Georgia to be closer to her family Tucaly In December och position opened up and Rob and Hamer decided to make the move epid moving company $200 to move their pereanni benigngrade and Hesher spendinyanying the 1426 mein Georg Ricbaronted a home in Gcorgia Feather decided to commuo ng at home whermom, but the started amoncing school ultimo in January and through the rest of the your staarby university. She was awarded a 53 000 peratus on scholarship this year and Robs helped out by saying the remaining $500 tistian Co if 90cle, Rebat would be best to calm the education credit for these exoerises Raba wat if she would have enough to heller benefit from reng on her tax renu However the eck of several expenses the year in the thought might gunity fshe was able Tempo Reband 55 00 in re come and $12.500 in chwale contrunions dining the yes She also as the following medical related expertes for herself and Heather Insane premium 57952 Mucha w St Preschon male $350 Nonprescription medicine $100 Nenoriato H $ 200 Shordy after the mowe. Rego gor distracted when and she roosters The academcused 5900 nomage to the car and gave her whiplash Decouse the repors were less than her nance dedikule she the entre ces of the recors Peba won't be to work for two months her the accident Fortunately, she received $2.000 from her disability insurance. Her employer, the Centre Georgle School District peld percent of the premiums on the polyes a notebleringe benettend fets peld the remaining 40 percent portion A few years ago. Heba ucculted several trivestments with her portion of the thorce settlement. This year she reported the following income from the investments S2.200 of interest income Icom corporate bonds and $1500 Interest income from Cty of Oriver man pelbords Oreret. Rebes stock porillo reciled by $12.000, but the ad nosso any of her stocks Heather reported 56.200 of interest income from corporate bones se recercas gifts from her father over the less several years. This was Heaters only source of income for the year. Retetec ST.000 ut federal income taxes with by the employer. Heether made $1.000 of estimated tex payments during the vect. Heba ukl not make unty estimated payments. Rebuh uallying Icelor purposes of the Allordable Care ActACAL Using the information from part 1 Complete pagas 1 and 2 Schedule 1 and Schedule 3 of Form 1040 for Raba a-1 3 Reba Dixon's address is 19010 NW, 135th Street, Miami, FL 33054 . , Social security numbers Raba Don 11.11.1111 cathar Dhon: 222 227 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. 1040 for a couple Married Filing Jointly with two dependents. 1040 PG 1 1040 PG 2 Scheduli Schedule Additional Credits and Payments Schedule 3 of Form 1010. SCHEDULE 3 Form 1040 or 1040-SR) Of the rauwe Verwca Newtowano 1000 or 1040-32 CM 1846 2019 A mu ar SR Co to www.ragonite 134 far imiruction and the lowest islommor Acheter our account Part Nonrefundable Credits howet. Adacht 117 1 2 Form.2471 2 as con Fora > desecet achter 3600 Miley data 2000 5 80 de Form 8800 5 Th. Frhren Fam 1546 SAI 7 Part II Other Payments and Refundable Credits 2019 Beranda cari applied tamam B Merubah Form 8032 91 1 wees.com 10 tetty 1 RETA whid 11 12 Creditreeniton 4130 12 24 bewed 13 4181 IMO 100 SR 181 14 For Paperworth Reduction be see you tak retirebon.CUENO. 714903 Sule SIF 1348 1849 231 THIS FORM IS A SINULATION OF AN ORTICAL U.S. TAX FORUM. IT IS NOT THE ORICAL FORMIT SELT.DO NOT USE THIS FORM FOR TAXFILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL 2020 NeGraw-deaden

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

More Books

Students also viewed these Accounting questions