Warner and Augustine Robins, both 35 years old, have been married for 9 years and have no dependents. Warner is the president of Jaystar Corporation located in Macon, Georgia. The Jaystar stock is owned 40 percent by Warner, 40 percent by Augustine, and 20 percent by Warners father. Warner and Augustine received the following tax documents:

The Robins had total itemized deductions of $33,567 in 2020 which included a $9,600 state tax deduction.

The tax basis for the donated album cover art is $25,000 and has been owned by Warner and Augustine for 5 years.

Jaystar does not cover health insurance for its employees. In addition to Warner and Augustines health insurance premiums shown above, Augustine required surgery which cost $6,500 for which only $3,200 was covered by insurance. Warner had to drive Augustine 130 miles each way to a surgical center.

On January 1, 2021, Warner sold land to Jaystar Corporation for $75,000. He acquired the land 5 years ago for $160,000. No Form 1099-B was filed for this transaction.

Jaystar Corporation does not have a qualified pension plan or Section 401(k) plan for its employees. Therefore, Warner deposited $12,000 ($6,000 each) into traditional IRA accounts for Augustine and himself (neither are covered by a qualified plan at work).

The Robins received a $2,800 EIP in 2021.

Required: Complete the Robins federal tax return for 2021. Use Form 1040, Schedule 1, Schedule A, Schedule D, and Form 8949 to complete this tax return. Make realistic assumptions about any missing data and ignore any alternative minimum tax. Do not complete Form 8283, which is used when large noncash donations are made to charity.

This information is being furnished to the Internal Revenue Service. CORRECTED (if checked) CORRECTED (if checked) Form 1098 (Kaep for your records) www.iragoviForm1098 Department of the Treasury -Imtenal Aewenus Service CORRECTED (if checked) Macon Museum of Arts 3231 Vineville Ave. Macon, GA 31204 November 23, 2021 Mr. and Mrs. Warner and Augustine Robins 638 Russell Parkway Macon, GA 31207 Dear Mr. and Mrs. Robins: Thank you for your contribution of the original album cover art for the Almond Sisters Band to the Macon Museum of Arts. This gift supports the Macon Museum's efforts to bring original and locally-sourced art work to Macon. This continuing support will guarantee our ability to display Almond Sister art work for many years to come. We have attached a copy of the appraiser's market valuation. Her analysis estimates the value of the painting at $54,505. Please keep this written acknowledgement of your donation for your tax records. As a token of our appreciation for your support, we have mailed you the Macon Museum tote bag. We estimate the value of the tote bag to be $5. We are required to inform you that your federal income tax deduction for your contribution is the amount of your contribution less the value of the tote bag. Thank you for your continuing support for our important work in this field! Please retain this letter as proof of your charitable contribution. Sincerely, Tack T. Mann Jack T. Mann The Robins paid the following amounts (all can be substantiated): This information is being furnished to the Internal Revenue Service. CORRECTED (if checked) CORRECTED (if checked) Form 1098 (Kaep for your records) www.iragoviForm1098 Department of the Treasury -Imtenal Aewenus Service CORRECTED (if checked) Macon Museum of Arts 3231 Vineville Ave. Macon, GA 31204 November 23, 2021 Mr. and Mrs. Warner and Augustine Robins 638 Russell Parkway Macon, GA 31207 Dear Mr. and Mrs. Robins: Thank you for your contribution of the original album cover art for the Almond Sisters Band to the Macon Museum of Arts. This gift supports the Macon Museum's efforts to bring original and locally-sourced art work to Macon. This continuing support will guarantee our ability to display Almond Sister art work for many years to come. We have attached a copy of the appraiser's market valuation. Her analysis estimates the value of the painting at $54,505. Please keep this written acknowledgement of your donation for your tax records. As a token of our appreciation for your support, we have mailed you the Macon Museum tote bag. We estimate the value of the tote bag to be $5. We are required to inform you that your federal income tax deduction for your contribution is the amount of your contribution less the value of the tote bag. Thank you for your continuing support for our important work in this field! Please retain this letter as proof of your charitable contribution. Sincerely, Tack T. Mann Jack T. Mann The Robins paid the following amounts (all can be substantiated)