Note: This problem is for the $2021$ tax year.

Lance H$.$ and Wanda B$.$ Dean are married and live at $431$ Yucca Drive, Santa Fe$,$ NM $87501.$ Lance works for the convention bureau of the local Chamber of Commerce, and Wanda is employed part$-$time as a paralegal for a law firm.

During $2021,$ the Deans had the following receipts:

$\backslash$table$[[$Salaries $($ $$60,000$ for Lance, $$42,000$ for Wanda$),$$$102,000,],[$Interest income$-,$$$1,000,],[$City of Albuquerque general purpose bonds,$1,100,],[$Ford Motor company bonds,$400,2,500],[$Ally Bank certificate of deposit,,$7,200],[$Child support payments from John Allen,$26,000,],[$Annual gifts from parents,$90,000,],[$Settlement from Roadrunner Touring Company,$600,],[$Lottery winnings,$400,],[$Federal income tax refund $($for tax year $2020),,]]$

Wanda was previously married to John Allen. When they divorced several years ago, Wandla was awarded custody of their two children, Penny and Kyle. $($Note: Wanda has never issued a Form $8332$ waiver.$)$ Under the divorce decree, John was obligated to pay alimony and child support$-$the alimony payments were to terminate if Wanda remarried.

In July, while going to lunch in downtown Santa Fe$.$ Wanda was injured by a tour bus. Because the driver was dearly at fault, the owner of the bus, Roadrunner Touring Company, paid her medical expenses $($including a oneweek stay in a hospital$).$ To avoid a lawsuit, Roadrunner also transferred $$90,000$ to her in settlement of the personal injuries she sustained.

The Deans had the following expenditures for $2021$ :

Form $1040$

Complete Form $1040$ below for Lance and Wanda Dean.

Form

$1040$

U$.$S$.$ Individual Income Tax Return

$2021$

OMB No$.1545-0074$

IRS Use Only

Filing Status Married filing iointly $.$

Please fill out the form in whole do not skip