Question
Robert and Vilma Greene are married filing jointly. They are 68 and 66 years old, respectively. Their address is 1001 N.W. 93rd Street, Miami, FL
Robert and Vilma Greene are married filing jointly. They are 68 and 66 years old, respectively. Their address is 1001 N.W. 93rd Street, Miami, FL 33168. Additional information about Mr. and Mrs. Greene, who are retired, is as follows:
Social security number:
Robert: 412-34-5670
Date of birth: 10/9/1952
SSA-1099 for Robert shows this amount:
Box 5 = $21,600.00
Form 1099-INT for Robert shows this amount:
Box 1 = $9,100.00 from CD Bank.
Social security number:
Vilma: 412-34-5671
Date of birth: 11/9/1954
SSA-1099 for Vilma shows this amount:
Box 5 = $15,600.00
Form 1099-INT for Vilma shows this amount:
Box 1 = $7,500.00 from CD Bank.
Required:
Prepare Form 1040 plus all the appropriate schedules and worksheets for Mr. and Mrs. Greene for 2020. They want to contribute to the presidential election campaign. Mr. and Mrs. Greene had qualifying health care coverage at all times during the tax year. The Greenes did not have any foreign accounts. Mr. and Mrs. Greene did not receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency during 2020. (List the names of the taxpayers and any income they receive in the order in which they appear in the problem starting from the first line. Input all the values as positive numbers. Do not skip rows while entering in Interest section of Schedule B.)
Use the appropriate Tax Tables.
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