Question: its a tax return CORRECTED I checked BD SUN PRYS og andre Braeburn National Bank 1600 W. Nob Hill Rd. Yakoma, WA 98902 2020 Interest

 its a tax return CORRECTED I checked BD SUN PRYS og
andre Braeburn National Bank 1600 W. Nob Hill Rd. Yakoma, WA 98902
2020 Interest Income 984.55 1000-INT Copy NON For 54-9019016 571-76-5874 Tha port
its a tax return

CORRECTED I checked BD SUN PRYS og andre Braeburn National Bank 1600 W. Nob Hill Rd. Yakoma, WA 98902 2020 Interest Income 984.55 1000-INT Copy NON For 54-9019016 571-76-5874 Tha port Johou 0.00 468 Bonnie Doon Ave. Yakima, WA 16002 FORT pop Tema Also, in accordance with the January 2016 divorce decree he paid $500 per month alimony to his ex-wife (Dora Fuj. Social Security number 573-79-6075) In 2020 John received the following Form 1098 reporting mortgage Interest and property taxes: CORRECTED Shoes BOROVICE de Braeburn National Bank 1600 W Nob. Hal Blvd Yakoma, WA 98902 2020 Mortgage Interest Statement 7.800.22 Copy Bu 54-0019016 571-75074 5250.341.99 10/1/2017 $ M John Ful 5 468 Bonnie Doon Avenue D alma, WA 90902 Prop. Tas $2,000.00 My 16 www -tata John tried his hand at day trading for one week in February 2020. He received a substitute Form 1099-B from his broker. Because the IRS was provided the acquisition date and basis for all trades and none required any adjustments or codes, these can be entered as a summary entry into Schedule D and no Form 8949 needs to be prepared. John Fuji 468 Bonnie Doon Ave. Yakima, WA 98902 XOCX-XOC-5974 Little John Brokerage Statement 100 Nottingham Street Sherwood Forest, MA 01233 Substitute Form 1099-8 Tax Year 2020 la 1b lc Descrip Shares Purchase Sale Moderni Pharm 44 2/3/2020 2/3/2020 Moderni Pharm 37 2/3/2020 2/3/2020 Moderni Pharm 31 2/3/2020 2/3/2020 Moderni Pharm 28 2/3/2020 2/3/2020 Moderni Pharm 34 2/3/2020 2/3/2020 Moderni Pharm 21 2/4/2020 2/4/2020 Moderni Pharm 40 2/4/2020 2/4/2020 Moderni Pharm 32 2/4/2020 2/4/2020 Moderni Pharm 35 2/4/2020 2/4/2020 Moderni Pharm 30 2/4/2020 2/4/2020 Moderni Pharm 42 2/5/2020 2/5/2020 Moderni Pharm 28 2/5/2020 2/5/2020 Moderni Pharm 33 2/5/2020 2/5/2020 Moderni Pharm 21 2/5/2020 2/5/2020 Moderni Pharm 32 2/5/2020 2/5/2020 Moderni Pharm 39 2/6/2020 2/6/2020 Moderni Pharm 40 2/6/2020 2/6/2020 Moderni Pharm 38 2/6/2020 2/6/2020 Moderni Pharm 34 2/6/2020 2/6/2020 id le Net Gain Proceeds Cost Basis or loss 890.00 888.00 2.00 740.00 738.00 2.00 623.00 473.00 150.00 569.00 593.00 (24.00) 683.00 443.00 240.00 422.00 172.00 250.00 786.00 767.00 19.00 646.00 464.00 182.00 692.00 495.00 197.00 595.00 478.00 117.00 847.00 579.00 268.00 565.00 433.00 132.00 664.00 421.00 243.00 422.00 277.00 145.00 630.00 478.00 152.00 780.00 509.00 271.00 796.00 711.00 85.00 754.00 484.00 270.00 674.00 424,00 250.00 12.778.00 9,827.00 2.951.00 2 ST/LI ST ST ST ST ST ST ST ST ST ST ST ST ST ST ST ST ST ST ST During 2020. John paid the following amounts (all of which can be substantiated) Auto loan interest 1,575 Credit card interest 655 State sales tax (actual exceeds estimated) 1.780 Doctor bills 4,000 2818 Form 1040 (2020 16 17 16 Tax noe instructiona). Check any from Formek 1 0014 2049720 18 17 Amount from Schedule 2 line 3 18 19 Add lines 16 and 17 19 Child tax credit or credit for other dependents 20 20 Amount from Schedule 3, line 7 21 21 Add lines 19 and 20 22 22 Subtract line 21 from In 16. If zeroorlos, pero 23 23 Other tacos, including self-employment tax from Sonde 2.0 24 24 Add lines 22 and 23. This is your totalt 25 Federal income tax withhold from 2. a Forms) W-2 2150 b Forma 1099 50 Other forms (soe instruction) 25d d Add Ines 25a through 250 26 If you have a 2020 estimated tax payments and amount applied on 2018 obum quality child 27 Earned Income credit (EIC) attach Sch: If you have 28 Additional child tax credit. Attach Schedule 3812 nonnable 29 combat pay American opportunity credit from Form 803, line 8 se instructions 30 Recovery rebate credit See Instructions 31 Amount from Schedule 3. line 13 31 32 Add lines 27 through 31. These are your total other payments and refundable credits 32 33 Add lines 25d. 26. and 32. These are your total payments 33 Refund 34 If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you overpald 34 35a Amount of line 34 you want refunded to you. If Form 8888 is attached, check here 35a Direct depos Routing number Seestruction e Type Checking Savings Account number 36 Amount of line 34 you want applied to your 2021 estimated tax 36 Amount 37 Subtract line 33 from line 24. This is the amount you owe now 37 You Owe Notes Schedule H and Schedule SE filers, line 37 may not represent all of the taxes you owe for For this on how to pay 2020. Seo Schedule 3, line 120, and its Instructions for details. ruction 38 Estimated tax penalty (sen Instructions) 38 Third Party Do you want to allow another person to discuss this return with the IRS? So Designee instructions Yes. Complete below. No Designe's Phone Personal Identification name no number (PIN Sign 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 balat, they are true correct, and complete. Declaration of prepare other than taxpayer) is based on all information of which preparer has any knowledge. Here Your signature Data Your Occupation the IRS sont you an identity Protection PN enter there Joint return sonat) See instructions Spouse's signature. If a joint return, both mustsign Date Spouse's occupation the sent your spouse an Keep a copy for Identity Protection PIN enter it here your records see inst) Phone no Email address Preparer's nane Preparer's signature Date PIIN Paid Check it Preparer Firm's none Phone no Use Only Firm's address Firm's EN Go to www.rsgow Form 100 for instructions and the latest information A Selemployed To 1040 2000 CORRECTED I checked BD SUN PRYS og andre Braeburn National Bank 1600 W. Nob Hill Rd. Yakoma, WA 98902 2020 Interest Income 984.55 1000-INT Copy NON For 54-9019016 571-76-5874 Tha port Johou 0.00 468 Bonnie Doon Ave. Yakima, WA 16002 FORT pop Tema Also, in accordance with the January 2016 divorce decree he paid $500 per month alimony to his ex-wife (Dora Fuj. Social Security number 573-79-6075) In 2020 John received the following Form 1098 reporting mortgage Interest and property taxes: CORRECTED Shoes BOROVICE de Braeburn National Bank 1600 W Nob. Hal Blvd Yakoma, WA 98902 2020 Mortgage Interest Statement 7.800.22 Copy Bu 54-0019016 571-75074 5250.341.99 10/1/2017 $ M John Ful 5 468 Bonnie Doon Avenue D alma, WA 90902 Prop. Tas $2,000.00 My 16 www -tata John tried his hand at day trading for one week in February 2020. He received a substitute Form 1099-B from his broker. Because the IRS was provided the acquisition date and basis for all trades and none required any adjustments or codes, these can be entered as a summary entry into Schedule D and no Form 8949 needs to be prepared. John Fuji 468 Bonnie Doon Ave. Yakima, WA 98902 XOCX-XOC-5974 Little John Brokerage Statement 100 Nottingham Street Sherwood Forest, MA 01233 Substitute Form 1099-8 Tax Year 2020 la 1b lc Descrip Shares Purchase Sale Moderni Pharm 44 2/3/2020 2/3/2020 Moderni Pharm 37 2/3/2020 2/3/2020 Moderni Pharm 31 2/3/2020 2/3/2020 Moderni Pharm 28 2/3/2020 2/3/2020 Moderni Pharm 34 2/3/2020 2/3/2020 Moderni Pharm 21 2/4/2020 2/4/2020 Moderni Pharm 40 2/4/2020 2/4/2020 Moderni Pharm 32 2/4/2020 2/4/2020 Moderni Pharm 35 2/4/2020 2/4/2020 Moderni Pharm 30 2/4/2020 2/4/2020 Moderni Pharm 42 2/5/2020 2/5/2020 Moderni Pharm 28 2/5/2020 2/5/2020 Moderni Pharm 33 2/5/2020 2/5/2020 Moderni Pharm 21 2/5/2020 2/5/2020 Moderni Pharm 32 2/5/2020 2/5/2020 Moderni Pharm 39 2/6/2020 2/6/2020 Moderni Pharm 40 2/6/2020 2/6/2020 Moderni Pharm 38 2/6/2020 2/6/2020 Moderni Pharm 34 2/6/2020 2/6/2020 id le Net Gain Proceeds Cost Basis or loss 890.00 888.00 2.00 740.00 738.00 2.00 623.00 473.00 150.00 569.00 593.00 (24.00) 683.00 443.00 240.00 422.00 172.00 250.00 786.00 767.00 19.00 646.00 464.00 182.00 692.00 495.00 197.00 595.00 478.00 117.00 847.00 579.00 268.00 565.00 433.00 132.00 664.00 421.00 243.00 422.00 277.00 145.00 630.00 478.00 152.00 780.00 509.00 271.00 796.00 711.00 85.00 754.00 484.00 270.00 674.00 424,00 250.00 12.778.00 9,827.00 2.951.00 2 ST/LI ST ST ST ST ST ST ST ST ST ST ST ST ST ST ST ST ST ST ST During 2020. John paid the following amounts (all of which can be substantiated) Auto loan interest 1,575 Credit card interest 655 State sales tax (actual exceeds estimated) 1.780 Doctor bills 4,000 2818 Form 1040 (2020 16 17 16 Tax noe instructiona). Check any from Formek 1 0014 2049720 18 17 Amount from Schedule 2 line 3 18 19 Add lines 16 and 17 19 Child tax credit or credit for other dependents 20 20 Amount from Schedule 3, line 7 21 21 Add lines 19 and 20 22 22 Subtract line 21 from In 16. If zeroorlos, pero 23 23 Other tacos, including self-employment tax from Sonde 2.0 24 24 Add lines 22 and 23. This is your totalt 25 Federal income tax withhold from 2. a Forms) W-2 2150 b Forma 1099 50 Other forms (soe instruction) 25d d Add Ines 25a through 250 26 If you have a 2020 estimated tax payments and amount applied on 2018 obum quality child 27 Earned Income credit (EIC) attach Sch: If you have 28 Additional child tax credit. Attach Schedule 3812 nonnable 29 combat pay American opportunity credit from Form 803, line 8 se instructions 30 Recovery rebate credit See Instructions 31 Amount from Schedule 3. line 13 31 32 Add lines 27 through 31. These are your total other payments and refundable credits 32 33 Add lines 25d. 26. and 32. These are your total payments 33 Refund 34 If line 33 is more than line 24, subtract line 24 from line 33. This is the amount you overpald 34 35a Amount of line 34 you want refunded to you. If Form 8888 is attached, check here 35a Direct depos Routing number Seestruction e Type Checking Savings Account number 36 Amount of line 34 you want applied to your 2021 estimated tax 36 Amount 37 Subtract line 33 from line 24. This is the amount you owe now 37 You Owe Notes Schedule H and Schedule SE filers, line 37 may not represent all of the taxes you owe for For this on how to pay 2020. Seo Schedule 3, line 120, and its Instructions for details. ruction 38 Estimated tax penalty (sen Instructions) 38 Third Party Do you want to allow another person to discuss this return with the IRS? So Designee instructions Yes. Complete below. No Designe's Phone Personal Identification name no number (PIN Sign 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 balat, they are true correct, and complete. Declaration of prepare other than taxpayer) is based on all information of which preparer has any knowledge. Here Your signature Data Your Occupation the IRS sont you an identity Protection PN enter there Joint return sonat) See instructions Spouse's signature. If a joint return, both mustsign Date Spouse's occupation the sent your spouse an Keep a copy for Identity Protection PIN enter it here your records see inst) Phone no Email address Preparer's nane Preparer's signature Date PIIN Paid Check it Preparer Firm's none Phone no Use Only Firm's address Firm's EN Go to www.rsgow Form 100 for instructions and the latest information A Selemployed To 1040 2000

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!