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Tax Return-Individual Number One (after Chapter 4) Instructions: Please complete the 2020 federal income tax return for Jonathan Hales. Be sure to include only required
Tax Return-Individual Number One (after Chapter 4) Instructions: Please complete the 2020 federal income tax return for Jonathan Hales. Be sure to include only required tax forms when completing the tax return. Ignore the requirement to attach the form(s) W-2 to the front page of the Form 1040. If required information is missing, use reasonable assumptions to fill in the gaps. Jonathan Hales attended State University as a part-time student during the year. Jonathan lived at home with his parents while working a part-time job. The following information relates to 2020: e Jonathan's Social Security number is 546-87-9876 His mailing address is 123 Spring Lane, Willow, Texas 77521 Jonathan is a U.S citizen Jonathan was single during the entire year Jonathan turned 19 on July 1 Jonathan does not have any children or provide support for anyone but himself Jonathan lived in a room in the basement of his parents' home for all 12 months of the year For the year Jonathan's parents provided $16,500 of support including room and board, a car, health insurance, clothing, education, and car insurance. Jonathan was included on his father's qualified minimum health insurance coverage plan for all 12 months during the year. e . Jonathan received the following income during the year as reported on a Form W-2: Employer Gross Wages Federal Income Tax Withholding 165 The Colony Rock Climbing, LLC Community Pool, Inc. 3,675 1,790 4,235 State Income Tax Withholding 0 0 0 0 240 All applicable and appropriate payroll taxes were withheld by his various employers. Jonathan received $12 in interest income from the First Bank of Texas during the year. Jonathan did not own, control, or manage any foreign bank accounts, nor was he a grantor or beneficiary of a foreign trust during the tax year. Further, Jonathan did not buy, sell, exchange, or otherwise acquire any financial interest in a virtual currency. Jonathan received two Economic Impact Payments (stimulus checks) in the full amount before filing
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