Comprehensive Problem 8-84 (LO 8-1, LO 8-2, LO 8-3. LO 8-4. LO 8-5) [The following information applies to the questions displayed below.) Rebo Dixon is a fifth-grade school teacher who esmede salary of $33.000 in 2020. She is 45 years old and has been divorced for four years. She receives $1.200 of slimony payments each month from her former husband (divorced on 12/31/2016). Reba also rents out small apertment building. This year Rebs received $50,000 of rental payments from tenants and she incurred $19.500 of expenses associated with the rental Rebe and her daughter Heather (20 years old at the end of the year) moved to Georgia in January of this year. Reba provides more than one-half of Heather's support. They had been living in Colorado for the past 15 years, but ever since her divorce, Rebe has been wanting to move back to Georgis to be closer to her family. Luckily, last December, a teaching position opened up and Rebs and Hesther decided to make the move. Reba pside moving company $2,010 to move their personal belongings, and she and Hesther spent two days driving the 1.426 miles to Georgis. Rebe rented a home in Georgio. Hesther decided to continue living at home with her mom, but she started attending school full-time in January and throughout the rest of the year at a nearby university. She was awarded a $3,000 partial tuition scholarship this year, and Rebs helped out by paying the remaining $500 tuition cost. If possible, Rebs thought it would be best to claim the education credit for these expenses. Rebs wasn't sure if she would have enough items to help her benefit from itemizing on her tax return. However, she kept track of several expenses this year that she thought might qualify if she was able to itemize Rebs paid $5,800 in state income taxes and $12,500 in charitable contributions during the year. She also paid the following medical-related expenses for herself and Heather Insurance premium Medical care expenses Prescription medicine Nonprescription medicine Ncw contact lenses for Heather $7.952 $1,100 $ 350 $ 180 $ 280 Shortly after the move, Rebe got distracted while driving and she ran into a street sign. The accident caused $900 in damage to the car and gave her whiplash. Because the repairs were less than her insurance deductible, she paid the entire cost of the repairs. Rebo wasn't able to work for two months after the accident. Fortunately, she received $2,000 from her disability insurance. Her employer, the Central Georgie School District,psid 60 percent of the premiums on the policy as a nonts xeble fringe benefit and Rebs paid the remsining 40 percent portion A few years ago, Rebs acquired severel investments with her portion of the divorce settlement. This year she reported the following income from her investments: $2,200 of interest income from corporate bonds and $1,500 interest income from City of Denver municipal bonds. Overall, Rebe's stock portfolio appreciated by $12,000, but she did not sell any of her stocks. Heather reported $6.200 of interest income from corporate bonds she received as gifts from her father over the last several years. This was Heather's only source of income for the year. Rebs hed $10.000 of federal income taxes withheld by her employer. Heather made $1,000 of estimated tax payments during the year. Rebs did not make any estimated payments. Reba hed qualifying insurance for purposes of the Affordable Core Act (ACA). Comprehensive Problem 8-84 Part 0-2 Using the information from perts-1. Complete pages 1 and 2. Schedule 1, and Schedule 3 of Form 1040 for Rebo. Rebs Dixon's sodress is 19010 N.W. 135th Street, Miami, FL 33054. Social security numbers: Reba Dixon: 111-11-1111 Heather Dixon: 222-22-2222 (Input all the values as positive numbers. Use 2020 tax rules regardless of year on tax form. Round your Intermediate computations and final answers to the nearest whole dollar amount.) 1040 PG 1 1040 PG 2 Schedule 1 Schedule 3 Page 1 of Form 1040. Use provided information and follow instructions on form. | 2019 OMB No 1545-0074 RS Use Only --Do not wise in San Filing Batu Single Marrioting inty Mariting separately (MES) Head of household (HOH Qualifying widoworow) Check only If you checked the MFS box, enter the name of spouse. If you checked the HOH OOW baxanter the child's name the quality ng person is one box a child but not your dependent Your first name and middle Hill Laatnama Your social security number Enter as XXX Reba Dixon 111-11-1111 I joint notum, sport me and made initial Les me Spouse's social security number IS Presidential Election Campaign Home address number and stro. If you have a PO box, se instructions Apt. . 19010 N.W. 135th Street City, town or post off, and ZIP code you have a foreign address, as complete spaces low instructions Mam FL 33054 Foreign country nama Famion provinciaalonunty Foreign postal code Check hom you, or your spousting only want 52 to go to this fund. Checking a box below will not change your tax or rotund You Epauss I more than four docendants, Son instructions and here Bomeone can Btandard olam You as a depondant Your spouse as a dependent Deduction Spouse domizes on a separate rotum or you were a dual-status in Age Bindneck You: Ware bom bofore January 2, 1055 Alebind Bpouce: Was bom botore January 2, 1955 Is bind Dependents instructions (21 Soal Soury number 13) Reloonship to you 4) Vitories for instructions (5) First name Credit for her Last name Enter as XOXO Child tax credit dependents Heather Dixon 222 22 2222 Daughter 0 33 40 ] Woes salaries, tips att. Attach Formis) W-2 38.000 2 Tax-exemptinet Taxable interest. Attach Sch Bit 2.200 Ordinary dividends.Atach Sch 3 Old Giviends |Bitraalains Standard 23 IRA distributions a Table amount 0 Deduction for + Single or AD - Pensions and annubis a a Twania amount 0 Married ting 5 Sacel Security benefits 1.200 separately 0 Tania amount $12.200 - Married ling Capital gain or los Atach Schedule Dinquired. It not required checkham 6 0 yor Ouating Ta 7. One income from Schedule tine! widow or 46.100 524,400 - Hand of Adelines 1, 2, 3, 4, 5, 6, and 7a. This is your total income 70 86 300 household $18,350 Acuatments to income from Schouin 1. ine z - If you checked Subtractines from inc 7b. This is your adjusted cross Income 86 300 any box under Standard Standard anduction artemized Coductions (from Schedule Al 21.430 Draudson SO Instructions 10 Olis business Income deduction Attach Farm 1996 or Form 1995- 10 tadines 9 and 10 11 21.430 Taxable income Subtracting 11a from Sne b. 1200 or loss. anber-3- 11b 64.270 Cat No. For Dicolocure, Privacy Act, and Paperwork Reduction Act Notice, ce coperate incruotionc. 113208 Form 1040 (2010) THIS FORM 18 A SIMULATION OF AN OFFICIAL U.&.TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIB FORM FOR TAX FILING 3 OR FOR ANY PURPOBE OTHER THAN EDUCATIONAL 2020 Mo Graw-Hill Eduoation. et 9 1040 for a couple Married Filing Jointly with two dependents. 1040 PG 1 1040 PG 2 Schedule 1 Schedule 3 Page 2 of Form 1040. Some information does not carry over from Page 1. Form 1040 (2019) Page 2 12a 8.619 12b 8,619 500 13b 185 X 14 8,519 15 0 1 16 8,434 10,000 17 0 . If you have a qualifying child attach Sch. EIC. . If you have nontaxable combat pay, see instructions 500 12a Tax (see inst.) Check it any from Formis): (1) 8814 (2) 4972 0 b Add Schedule 2 line 3, and line 12a and enter the total 13a Child tax credit or credit for other dependents 13a b Add Schedule 3, line 7 and line 13a and enter the total 14 Subtract line 136 from line 12b. If zero or less, enter -0- 15 Other taxes, including self-employment tax, from Schedule 2 line 10 16 Add lines 14 and 15. This is your total tax 17 Federal income tax withheld from Forms W-2 and 1099 18 Other payments and refundable credits: a Earned income credit (EIC) 18a Additional child tax credit. Attach Schedule 8812 18b C American opportunity credit from Form 3863, line 3 18c d Schedule 3, line 14 18d e Add lines 18a through 18d. These are your total other payments and refundable credits 19 Add lines 17 and 18e. These are your total payments 20 If line 19 is more than line 16, subtract line 16 from line 19. This is the amount you overpaid 21a Amount of ine 20 you want refunded to you. If Form 3888 is attached, check here Routing number Ec Type: Checking Savings d Account number 22 Amount of line 20 you want applied to your 2020 estimated 22 2066 tax 23 Amount you owe. Subtract line 19 from line 16. For details on how to pay, see instructions 24 Estimated tax penalty (see instructions) 2066 Do you want to allow another person (other than your paid preparer) to discuss this return with the IRS? See instructions 0 18e 500 19 20 10,500 2.066 2.066 Refund 21a Direct deposit? See instructions 23 2066 Yes. Complete below No Amount You Owe Third Party Designee (Other than paid preparer) Sign Here Personal identification Designee's name Phone no. number (PIN) Joint return? See instructions. Keep a copy for your records. Under penalties of perjury, I declare that I have examined this return and accompanying schedules and statements, and to the best of my knowledge and belief they are true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge. If the IRS sent you an identity Your signature Date | Your occupation Protection PIN, enter it here (see inst.) If the IRS sent your spouse an Spouse's signature. If a joint return, both must sign. Date Spouse's occupation Identity Protection PIN, enter it here (see inst) Phone no Email address TR LAT 1040 PG 1 1040 PG 2 Schedule 1 Schedule 3 Schedule 3 of Form 1040. Additional Credits and Payments OMB No 1545-0074 2019 SCHEDULE 3 (Form 1040 or 1040- SR) Department of the Troury Internal Revenue Service Nemes shown on Form or 100ER Roba Dixon Attach to Form 1040 or 1040-BR Go to www.lrc-gow Form1040 for Instruotions and the latest Information. Atachment Sequence No. 03 Your social security number 111-11-1111 100 a 3600 b BB Partl Nonrefundable Credits 1 Foreign tax credit. Astach Form 1115 it mourad 1 2 Credit for child and dependent care expenses. Altach For 2441 2 3 Education credits from Farm 8862, no 19 3 4 Retirement savings contribuons crocit. Attach Form 8880 4 0 5 Residential energy credit Anath Form 1696 5 Boher credits trom Form G 7 Add lines through. Enter hom and include an Form 1040 or 1040-SR, the 135 7 100 Part II Other Payments and Refundable Credits 3 2019 estimated tax payments and amount applied from 2018 retum 8 Not premium tax credit. Atach Fom 0062 9 0 10 Amount pels with quest for extension to see instructions) 10 0 11 Exces social security and bort RRT tax withhold 11 12 Credit for Hederal tax on filetach Form 4135 12 0 13 Credits from Form: b Reserved 13 14 Add Ines through 13. Enter here and on Form 1040 or 104D-SR, the 180 14 0 For Paperwork Reduction Act Notice, se your tax retum intruction. Cat No. 714000 Bohedulo 3 (Form 1040 or 1040-8R) 2019 THIS FORMIS A BIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT UBE THIS FORM FOR TAX FILING B OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL, 2020 MoGraw-Hill Education d