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this is 2022 tax. schedule 1 pg 2 was wrong. i got alimony 6300 which is correct but when I place 355 for education expenses,
this is 2022 tax. schedule 1 pg 2 was wrong. i got alimony 6300 which is correct but when I place 355 for education expenses, it says that it was incorrect. it messed up my entire form 1040. i dont know what I did wrong
Rick and Cindy Davis are married and file a joint return. They live at 3223 Taccone Avenue, Apartment 37, Medford, MA 02155. Rick is an elementary school teacher in the Medford Public School system and Cindy is currently unemployed after losing her job in late 2021 due to supply chain issues. Cindy's social security number is 412-34-5671 (date of birth 10/11/1983) and Rick's is 412345670 (date of birth 3/19/1981 ). Rick's W-2 contained the following information: Rick and Cindy have interest income of $237 from a savings account at Bay State Bank. Cindy also owns stock in Apple Corporation in 2022. Cindy received $265 in qualified dividends from Apple Corporation in 2022. Rick was divorced in 2016 and pays his ex-wife (Mary Tortelil) alimony. Their original divorce decree, which remains unchanged, dictates that Rick pay Mary $525 per month in alimony for 10 years. Mary's social security number is 412345675. Cindy recelved unemployment compensation of $3,800 during 2022 and no taxes were withheld from the payments. Additionally, Rick won a $1,500 prize in a nationally sponsored fantasy football league and no income taxes were withheid from his winnings. Rick also spent $355 on supplies for his classroom for which he was not reimbursed. Required: Prepare a Form 1040 and Schedule 1 for Rick and Cindy Davis. Use the appropriate Tax Tables. Note: List the names of the taxpayers in the order in which they appear in the problem. Do not round intermediate computations. Round your final answers to the nearest whole dollar amount. Input all the values as positive numbers. Instructions can be found on certain cells within the forms Step by Step Solution
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