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Would someone please help me on how to fill out the form 1040, schedule A and B for the problem in the picture. I would

Would someone please help me on how to fill out the form 1040, schedule A and B for the problem in the picture. I would really appreciate it. Thank you very much, Vivianne image text in transcribed
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1. Tax Return Problem Lasce H. and Wanda B. Dean are married and live at 431 Yucca Drive. Santa Fe NM 87501 Lance works for the convention bureau of the local Chamber of Commerce, while Wanda is employed part-time as a paralegal for a law firm During 2014, the Deans recorded the follewing receipts Salaries (560,.000 for Lance, $41,000 for Wanda) $101,000 Interest income City of Albuquerque general purpose bonds $1,000 1,100 Ford Motor Company bonds 2,500 7,200 26,000 90,000 600 Ally Bank certificate of deposit Child support payments from John Alen Annual gifts from parents Settlement from Roadrunner Touring Company Lottery winnings Federal income tax refund (for tax year 20130 Wanda previously was married to Jobe Allen When they divorced several years ago, Wanda was awarded custody of their two childres, Peny and Kyle. (Note: Wanda has never issaed a For 8332 waiver.) Under the divorce decree, John was obliganed to pay alimoey and child support-the alimony payments were to terminate if Wanda remarried In July, while going to lunch in downtown Santa Fe. Wanda was injured by a tour bus. As the driver was clearly at faule, the owner of the bus, Roadrunner Touring Company, paid her nedical expenses (including a one-week stay in a hospital). To avoid a lawsuit, Readrunner also transferred to her $90.000 cash in setlement of the personal injuries she sustained The Deans made the following 2014 expenditures enses (not covered by insurance) $7,200 Medical Taxes Property taxes on pensonal residence $3,600 State of New Mexico income tax (ncludes amaint withheld from wages during 2014) 7,800 6,000 Inte rest on home mortgage Paid church pledge Life insurance premiums (policy on Lance's life) Contribution to traditional IRA (on Wanda's behalf Traffic fines Contribution to the reelection campaign fund of the mayor of 1,200 5,000 300 Santa Fe Funeral expenses for Wayne Boyle 500 6,300 The life insurance policy was taken out by Lance several years ago and designates Wanda as the beneficiary. As a part-time employee, Wanda is excluded from coverage under her employer's pension plan. Consequently, she provides plan Consequently, s company. make the political contribution. for her own retirement with a traditional IRA obtained at a local trust Because the mayor is a member of the local Chamber of Commerce, Lance felt comspelled to

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