Comprehensive Problem 1-2B

Abigail (Abby) Boxer, age 38, is a single mother (birthdate April 28, 1982) working as a civilian accountant for the U.S. Army. Her Social Security number is 676-73-3311 and she lives at 3456 S Career Avenue, Sioux Falls, SD 57107. Helen, Abby's 18-year-old daughter (Social Security number 676-73-3312 and birthdate April 16, 2002), is a dependent child living with her mother, and she does not qualify for the child tax credit due to her age but does qualify for the other dependent credit of $500. Abby received a Form W-2 from the U.S. Department of Defense.

Abby also has taxable interest from Sioux Falls Savings and Loan of $127 and tax-exempt interest from bonds issued by the state of South Dakota of $300. Abby received a $1,700 EIP in 2020.

Required: Complete Form 1040 for Abigail for the 2020 tax year.

• The taxpayer had health coverage for the full year.
• The taxpayer does not want to make a contribution to the presidential election campaign.
• Enter all amounts as positive numbers.
• If an amount box requires no entry or the amount is zero, enter "0".
• If required, round amounts to the nearest dollar.
• *****USING ABOVE Abby's Form W-2 from the U.S. Department of Defense, Complete Form 1040 for Abigail for the 2020 tax year.

Safe, accurate, a Employee's social security number 676-73-3311 OMB No. 1545-0008 IRSE ~ file Visit the IRS website at www.irs.gov/efile FAST! Use b Employer identification number (EIN) 31-1575142 1 Wages, tips, other compensation 59,664.57 2 Federal income tax withheld 4,993.32 C Employer's name, address, and ZIP code 3 Social security wages 59,664.57 4 Social security tax withheld 3,699.20 DFAS Cleveland Center PO Box 998002 Cleveland, OH 44199 5 Medicare wages and tips 59,664.57 6 Medicare tax withheld 865.14 7 Social security tips 8 Allocated tips d Control number 9 10 Dependent care benefits e Employee's first name and initial Last name Suff. 11 Nonqualified plans 12a See instructions for box 12 13 Statutory employee Retirement plan Third-party sick pay Abigail Boxer 3456 S. Career Avenue Sioux Falls, SD 57107 Code 1 12b 14 Other Code 1 12c Code 1 120 Code 1 f Employee's address and ZIP code 16 State wages, tips, etc. 17 State income tax 18 Local wages, tips, etc. 19 Local income tax 20 Locality name 15 State Employer's state ID number SD Department of the Treasury-Internal Revenue Service 2020 Form W-2 wage and Tax Statement Copy-To Be Filed With Employee's FEDERAL Tax Return