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undefined 2A. Ray and Maria Gomez have been married for 3 years. Ray is a propane salesman for Palm Oil Corporation and Maria works as
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2A. Ray and Maria Gomez have been married for 3 years. Ray is a propane salesman for Palm Oil Corporation and Maria works as a city clerk for the City of McAllen. Ray's birthdate is February 21, 1992 and Maria's is December 30, 1994. Ray and Maria's eamings are reported on the following Forms W-2: Employees sodal security 469-21-5523 EremittatamuN 21-7654321 mpyar'a sms, and ZP de Palm Oil Corporation 11134 E. Pecan Blvd. McAllen, TX 78501 Sale, sosurat Ver the to OMB No 1546.00 FASTB.. e file www god Wagner 2 Federalimentare 30,660.00 2.996.00 Sociales 4 Saat Suwih 30,660.00 1.900.92 5 Medicare wagen te Medicati 30,660.00 444.57 T Silworthy tipe Altade Control unter 10 Dependent care bene Le Nangulfed plane 12 Sexbow . Employee's fired Ray Gomez 1610 Quince Avenue McAllen, TX 78701 13 44 Ote 121 12 Engineers and ZIPs 15 for power TX 0.5.0 Stone to Locales o local income tax Fun W-2 Wage and Tax Statement 2020 Cepenent de Twee Service For Copy B-To Ele Filed With Employee's FEDERAL Tax Return This fosten being funed to the weak Escorte 444.65.9912 Erwin 23-4444321 15450 TAST we file who Werte WO ward 32,500.00 4 C 32 500.00 2,015.00 Mende M 3250000 471.25 2.654.00 City of McAllen 1300 W. Houston Ave Molton, TX 78501 13 Decret andria 1.se 12h Maria Gomez 1610 Quince Avenue McAllen, TX 78701 14 Other 12 12M f Employee's address and ZIP code 15 St Employer's state ID number TX 16 State War, tipa, et. 17 State income tax 18 Local wagps, peste 19 Local income tax 20 Leal E 2020 Department of the Treasury--Internal Revenue Service Fem W-2 Wage and Tax Statement Copy B-To Be Filed With Employee's FEDERAL Tax Return This information is being furnished to the Internal Revenue Service. Ray and Maria have interest income as reported on the following 1099-INT: CMB NO. 1545-0112 CORRECTED Gf checked) PAYER'S name, street arts, cry or town, State or province, country. ZPP RTN optional or foreign postal code, and telephone no. McAllen State Bank 3302 N. 10th Street 1 test income McAllen, TX 78501 147.12 2020 Interest Income Form 1099-INT 2 Early withdrawal penalty Copy B PAYER'S TIN RECIPIENT'S TIN 3 interest on U.S.Savings Bonds and Treas, begins , For Recipient 34-7657651 444-65-9912 RECIPIENTS ante Federal income Tax witne svestment expenses This is important tax Maria Gomez 38 information and to Foregn tax paid 7 possession IRS. If you are Street address including pl. no.) Is required to file a 1610 Quince Ave. Tax-exempt terest 9 Sprofed prve in bond retum, a negligence Iterest penalty or other sanction may be City of town, state of province, country, and ZIP or foron postal code $ $ imposed on your McAllen, TX 78701 10 Market discount 11 Bond premium the income lo taxable and the IRS determine that it has FATOA Ning $ $ $ not been reported requirement 12 Gora promosyon 19 Bond premium on tempi bere $ $ Account number (seestructions 14 Tempt indtak creat 15 16 sec 17 state tax withheld trond USIP IS Form 1099-INT (keep for your recorda wwwingowForTOINT Department of the Treasury - ternal Revenue Device In addition, they own U.S. Savings bonds (Series EE). The bonds had a value of $10,000 on January 1, 2020, and their value is $10,700 on December 31, 2020. They have not made an election with respect to these bonds. Ray has an ex-wife named Judy Gomez. Pursuant to their January 27, 2015 divorce decree, Ray pays her $450 per month in alimony. All payments were made on time in 2020. Judy's Social Security number is 566-74-8765. During 2020, Ray was in the hospital for a successful operation. His health insurance company reimbursed Ray $4,732 for all of his hospital and doctor bills. In June of 2020, Maria's father died. Under a life insurance policy owned and paid for by her father, Maria was paid death benefits of $25,000. She used $7,800 to cover a portion of the funeral costs for her father. Maria bought a Texas lottery ticket on impulse during 2020. Her ticket was lucky and she won $4,432. The winning amount was paid to Maria in November 2020, with no income tax withheld. Palm Oil Corporation provides Ray with a company car to drive while he is working. The Corporation spent $5,000 to maintain this vehicle during 2020. Ray never uses the car for personal purposes. Ray and Maria received a $2,400 EIP in 2020. Required: Complete the Gomez's federal tax return for 2020 on Form 1040 and Schedule 1. 2A. Ray and Maria Gomez have been married for 3 years. Ray is a propane salesman for Palm Oil Corporation and Maria works as a city clerk for the City of McAllen. Ray's birthdate is February 21, 1992 and Maria's is December 30, 1994. Ray and Maria's eamings are reported on the following Forms W-2: Employees sodal security 469-21-5523 EremittatamuN 21-7654321 mpyar'a sms, and ZP de Palm Oil Corporation 11134 E. Pecan Blvd. McAllen, TX 78501 Sale, sosurat Ver the to OMB No 1546.00 FASTB.. e file www god Wagner 2 Federalimentare 30,660.00 2.996.00 Sociales 4 Saat Suwih 30,660.00 1.900.92 5 Medicare wagen te Medicati 30,660.00 444.57 T Silworthy tipe Altade Control unter 10 Dependent care bene Le Nangulfed plane 12 Sexbow . Employee's fired Ray Gomez 1610 Quince Avenue McAllen, TX 78701 13 44 Ote 121 12 Engineers and ZIPs 15 for power TX 0.5.0 Stone to Locales o local income tax Fun W-2 Wage and Tax Statement 2020 Cepenent de Twee Service For Copy B-To Ele Filed With Employee's FEDERAL Tax Return This fosten being funed to the weak Escorte 444.65.9912 Erwin 23-4444321 15450 TAST we file who Werte WO ward 32,500.00 4 C 32 500.00 2,015.00 Mende M 3250000 471.25 2.654.00 City of McAllen 1300 W. Houston Ave Molton, TX 78501 13 Decret andria 1.se 12h Maria Gomez 1610 Quince Avenue McAllen, TX 78701 14 Other 12 12M f Employee's address and ZIP code 15 St Employer's state ID number TX 16 State War, tipa, et. 17 State income tax 18 Local wagps, peste 19 Local income tax 20 Leal E 2020 Department of the Treasury--Internal Revenue Service Fem W-2 Wage and Tax Statement Copy B-To Be Filed With Employee's FEDERAL Tax Return This information is being furnished to the Internal Revenue Service. Ray and Maria have interest income as reported on the following 1099-INT: CMB NO. 1545-0112 CORRECTED Gf checked) PAYER'S name, street arts, cry or town, State or province, country. ZPP RTN optional or foreign postal code, and telephone no. McAllen State Bank 3302 N. 10th Street 1 test income McAllen, TX 78501 147.12 2020 Interest Income Form 1099-INT 2 Early withdrawal penalty Copy B PAYER'S TIN RECIPIENT'S TIN 3 interest on U.S.Savings Bonds and Treas, begins , For Recipient 34-7657651 444-65-9912 RECIPIENTS ante Federal income Tax witne svestment expenses This is important tax Maria Gomez 38 information and to Foregn tax paid 7 possession IRS. If you are Street address including pl. no.) Is required to file a 1610 Quince Ave. Tax-exempt terest 9 Sprofed prve in bond retum, a negligence Iterest penalty or other sanction may be City of town, state of province, country, and ZIP or foron postal code $ $ imposed on your McAllen, TX 78701 10 Market discount 11 Bond premium the income lo taxable and the IRS determine that it has FATOA Ning $ $ $ not been reported requirement 12 Gora promosyon 19 Bond premium on tempi bere $ $ Account number (seestructions 14 Tempt indtak creat 15 16 sec 17 state tax withheld trond USIP IS Form 1099-INT (keep for your recorda wwwingowForTOINT Department of the Treasury - ternal Revenue Device In addition, they own U.S. Savings bonds (Series EE). The bonds had a value of $10,000 on January 1, 2020, and their value is $10,700 on December 31, 2020. They have not made an election with respect to these bonds. Ray has an ex-wife named Judy Gomez. Pursuant to their January 27, 2015 divorce decree, Ray pays her $450 per month in alimony. All payments were made on time in 2020. Judy's Social Security number is 566-74-8765. During 2020, Ray was in the hospital for a successful operation. His health insurance company reimbursed Ray $4,732 for all of his hospital and doctor bills. In June of 2020, Maria's father died. Under a life insurance policy owned and paid for by her father, Maria was paid death benefits of $25,000. She used $7,800 to cover a portion of the funeral costs for her father. Maria bought a Texas lottery ticket on impulse during 2020. Her ticket was lucky and she won $4,432. The winning amount was paid to Maria in November 2020, with no income tax withheld. Palm Oil Corporation provides Ray with a company car to drive while he is working. The Corporation spent $5,000 to maintain this vehicle during 2020. Ray never uses the car for personal purposes. Ray and Maria received a $2,400 EIP in 2020. Required: Complete the Gomez's federal tax return for 2020 on Form 1040 and Schedule 1Step by Step Solution
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