Question: Can someone please help with the following... (please note/verify the correct 1040 form and supporting schedules/worksheets. I wish I could attach what I've filled out
Can someone please help with the following...
(please note/verify the correct 1040 form and supporting schedules/worksheets. I wish I could attach what I've filled out for you to verify that way but that doesn't seem to be an option)
Sherry Hunter, age 34, and Single
NEW Address: 150 Lighthouse Rd. Gulfport, FL 33707 (She moved from Arizona to Florida in Dec. 2019)
SS#466-78-7359
Her earnings and income tax withholdings for 2020 for her job as a manager at a Florida citrus-processing plant are:
Earnings $59,900
Federal income tax withheld $6,800
Sherry's other income includes interest on an account at Chase Bank of $1,600 and $400 per month alimony. The divorce decree was dated November 10, 2016.
During 2020, Sherry paid the following amounts (all of which can be substantiated):
Home mortgage interest .................................................$6,840
Auto loan interest ...............................................................$1,800
Credit card interest ...........................................................$850
Qualified student loan interest ....................................$1,000
Property taxes on personal residence ....................$2,100
State and local sales taxes ...........................................$1,800
Health insurance premiums paid (after taxes).....$2,160
Hospital Bills..........................................................................$3,500
Doctor Bills.............................................................................$1,950
Other medical expenses..................................................$650
Insurance reimbursements for medical exp...........$2,000
Income tax preparation fee............................................$200
Job-hunting exp...................................................................$1,050
Union dues..............................................................................$780
Charitable cash contributions.......................................$4,800
Sherry's employer offers a retirement plan, but she does not participate. Instead, she made a $4,000 contribution to a Roth IRA.
Sherry received the $1,200 EIP in 2020
**I was instructed to make realistic assumptions about any missing data... not entirely sure about that part**
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