James Dangell (birthdate August 2, 1976) is a single taxpayer. Jim's earnings and withholdings as the manager of a local casino for 2020 are reported on his Form W-2 (see separate tab).

Jim received Form 1098 from the Reno Bank & Trust (see separate tab).

Jim's other income includes interest on a savings account at Nevada National Bank of $13,700.

Jim pays his ex-spouse, Sarah McLoughlin, $3,900 per month in accordance with their February 12, 2019 divorce decree. When their 12-year-old child (in the ex-wife's custody) reaches the age of 18, the payments are reduced to $2,800 per month. His ex-wife's Social Security number is 554-44-5555.

In 2020, Jim purchased a new car and so he kept track of his sales tax receipts during the year. His actual sales tax paid is $3,650, which exceeds the estimated amount per the IRS tables.

Jim participates in a high-deductible health plan and is eligible to contribute to a health savings account. His HSA earned $75 in 2020.

During the year, Jim paid the following amounts (all of which can be substantiated):

Credit card interest	$1,760
Auto loan interest	4,300
Auto insurance	900
Property taxes on personal residence	2,988
Contributions to HSA	2,000
Income tax preparation fee	900
Charitable contributions (all cash):
Boy Scouts	1,350
St. Matthews Church	3,100
Nevada Democratic Party	250
Fund-raising dinner for the Reno Auto Museum	100
(value of dinner is $25)

Answer rating: 100% (QA)

Answer FORM 1040 SCHEDULE 1 for James Daniella and Jims earning and withholding as the manager of local casino 2020 from form W2 according to taxation law in US Explanation see instructions 2 Social s... View the full answer