Please complete the $2021$ Form $1040($Stop after completing Line $16-$ Tax, round up to the nearest dollar$),$

Schedule$-1$ and Schedule A for the taxpayer:

Julie Anderson is a project manager and her wage is $74,300.$ Julie's father passed away on April $14.$ She inherited her father's cottage $($vacation home$)$ in Montana and $80,000$ cash. She used the

$80,000$ to invest in an annuity product that pays her $$10,000$ per year for the next $10$ years. The first yearly payment $($$$10,000)$ was received on December $15$ th$,2021$

Her $2021$ filing status is Single. She also has the following items for $2021$:

Interest income from:

Capital One $200$

City of San Francisco municipal bond $600$

US Treasury bond. $800$

Ordinary dividends from her investment in Wells Fargo... $$400.$ All the dividends are qualified for the $15\%$ tax rate.

She also bought $50$ shares Apple Inc. stock $($AAPL$)$ when the price was $$100$ per share. AAPL's market closing price for December $2021$ is $$250$ per share. No shares were sold during the year.

During the year she went to Wynn Las Vegas and won $$1,300$ in a poker game. However, she lost $$2,000$ at another casino.

She received $$4,000$ insurance payout from AFLAC. The insurance policy was bought by herself.

She has the following refunds and withholdings in $2021,$ and took the standard deduction on her $2020$ federal tax return.

California state income tax refund

$250$

State income tax withheld from her paycheck.

$\mathrm{.}4200$

Federal income tax withheld from her paycheck.

$9000$

Social security tax paid as an employee

$5340$

She owns and lives in her house in Fresno, CA and has the following expenses:

Home mortgage loan interest

$8700$

Home mortgage loan points $($not reported on Form $1098).$

$200$

Real estate tax on her house.

$4000$

Personal$-$use car loan interest.

$2000$

She also paid $$2,000$ of qualified student loan interest.

Ms$.$ Anderson had a medical procedure and incurred qualified medical costs of $$30,000.$ Her health insurance policy pays $80\%$ of the medical cost and Julie paid the remaining $20\%$ out of her own

pocket.

These are the answers I got. Can you please review and let me know which ones are incorrect and if you can help me figure out the correct answers:

Julie$$s Wages $($Form $1040,$ Line $1)$

Answer: $74300$

Taxable interest on $1040$ Line $2$b

Answer: $1000$

Ordinary dividends $(1040$ Line $3$b$)$

Answer: $400$

Taxable amount of annuities $(1040$ Line $5$b$)$

Answer: $10000$

Schedule $1,$ Line $1$ Taxable refunds

Answer: $0$

Schedule $1,$ Total other income

Answer: $15300$

Form $1040$ Line $9($Total income$)$

Answer: $101000$

Schedule $1,$ Student loan interest deduction

Answer: $2000$

Form $1040,$ Adjusted Gross Income

Answer: $99000$

Schedule A Line $4($Medical and Dental Expenses$)$

Answer: $0$

Schedule A Line $5$a $($State income tax paid$)$

Answer: $4200$

Schedule A Line $5$b $($Real estate taxes$)$

Answer: $4000$

Schedule A Line $7($Total Taxes You Paid$)$

Answer: $8200$

Schedule A Line $10($Interest You Paid$)$

Answer: $8900$

Schedule A Line $16($Other Itemized Deductions$)$

Answer: $0$

Schedule A Total Itemized Deductions

Answer: $17100$

Form $1040$ Line $12$a $($Standard or Itemized Deduction$)$

Answer: $17100$

Form $1040$ Line $15($Taxable Income$)$

Answer: $81900$

Form $1040$ Line $16($Total Tax$)$

Answer: $13767$

The Personal$-$use car loan interest can be a deduction From AGI

Answer: False

Where could Julie deduct the utilities and insurance on the cottage in Montana?

Answer: On Schedule$-$E as Deduction For AGI next year

Julie can deduct the attorney fees to execute her father's will

Answer: False

Julie can deduct the fees paid to you to prepare her tax return this year

Answer: False

Julie can deduct the attorney fees to execute her father's will

Answers: False