Shauna Coleman is single. She is employed as an architectural designer for Streamline Design (SD). Shauna wanted to determine her taxable income for this year (2022). She correctly calculated her AGI. However, she wasn't sure how to compute the rest of her taxable income. She provided the following information with hopes that you could use it to determine her taxable income. a. Shauna paid $4,680 for medical expenses for care from a broken ankle in October. Also, Shauna's boyfriend, Blake, drove Shauna (in her car) a total of 115 miles to the doctor's office so she could receive care for her broken ankle. b. Shauna paid a total of $3,400 in health insurance premiums during the year (not through an exchange). SD did not reimburse any of this expense. Besides the health insurance premiums and the medical expenses for her broken ankle. Shauna had Lasik eye surgery last year and paid $3,000 for the surgery (she received no insurance reimbursement). She also incurred $450 of other medical expenses for the year." c. SD withheld $1,800 of state income tax, $7,495 of Social Security tax, and $14,500 of federal income tax from Shauna's paychecks throughout the year. d. In 2022, Shauna was due a refund of $250 for overpaying her 2021 state taxes. On her 2021 state tax return that she filed in April 2022, she applied the overpayment toward her 2022 state tax liability. She estimated that her state tax liability for 2022 will be $2,300. e. Shauna paid $3,200 of property taxes on her personal residence. She also paid $500 to the developer of her subdivision because he had to replace the sidewalk in certain areas of the subdivision. 1. Shauna paid a $200 property tax based on the state's estimate of the value of her car. g. Shauna has a home mortgage loan in the amount of $220,000 that she secured when she purchased her home. The home is worth about $400,000. Shauna paid interest of $12,300 on the loan this year. h. Shauna made several charitable contributions throughout the year. She contributed stock in ZYX Corporatiin to the Red Cross. On the date of the contribution, the fair market value of the donated shares was $1,000 and hedhasis in the shares was $400. Shauna originally bought the ZYX Corporation stock in 2009, Shauna also contributed $300 cash to State University and religious artifacts she has held for several years to her church. The artifacts were valued at $500 and Shauna's basis in the items was $300. Shauna had every reason to believe the church would keep them on display indefinitely. Shauna also drove 200 miles doing church-related errands for her minister. Finally, Shauna contributed $1,200 of services to her church last year. i. Shauna paid $250 in investment advisory fees and another $150 to have her tax return prepared (that is, she paid $150 in 2022 to have her 2021 tax return prepared). J. Shauna is involved in horse racing as a hobby. During the year, she won $2,500 in prize money and incurred $10,000 in expenses. She has never had a profitable year with her horse-racing activities, so she acknowledges that this is a hobby for federal income tax purposes. k. Shauna sustained $2,000 in gambling losses over the year (mostly horse-racing bets) and had only $200 in winnings. a-2. Complete page 1 of Form 1040 (through taxable income, line 15) and Schedule A assuming her AGI is $107,000. 1 Wages, salaries, tips, etc. Attach Form(s) W-2 1 2a Tax-exempt interest 3a Qualified dividends 2a 0b Taxable interest 2b 0 3a Ob Ordinary dividends 36 0 here or- Married 4a IRA distributions 5a Pensions and annuities 6a Social security benefits 7 Capital gain or (loss). Attach Schedule D if required. If not required, check 8 Other income from Schedule 1, line 10 48 Ob Taxable amount 4b 0 Ob Taxable amount 5b 0 0b Taxable amount 6b 0 7 0 B 0 ately. 9 Add lines 1, 2, 3b, 4b, 5b, 6b, 7, and 8. This is your total income 9 ing 10 Adjustments to income from Schedule 1, line 26 10 11 Subtract line 10 from line 9. This is your adjusted gross income 11 0 12a Standard deduction or itemized deductions (from Schedule A) 12a 0 ecked under b Charitable contributions if you take the standard deduction (see instructions) c Add lines 12a and 12b 12b 13 Qualified business income deduction from Form 8995 or Form 8995-A 14 Add lines 12c and 13 uctions 15 Taxable income. Subtract line 14 from lign. If zero or less, enter-0- 0 12c 0 13 14 0 15 0 closure, Privacy Act, and Paperwork Reduction Act Notice, see separate instructions. Cat. No. 113208 Form 1040 (2021) Enou Is A CIMINATION OF ALL DECIPIAL LE TAVENOU IF I HOVE THE OFFICIAL FANH WEELE DO NOT HEE TUIE Enou EnD TAY EINGE NO END ANY Name(s) shown on Form 1040 or 1040- Shauna Medical and Dental i Expenses Coleman Caution: Do not include expenses simbursed or paid by others 1 Medical and dental expenses (see instructions) 2 Enter amount from Farm 1040 or 1040-5, line 11 3 Multiply Ine 2 by 7.5% (0.075) 4 Subtract line 3 from Dne 1. If line 3 is more than Ine 1, enter-0 5 State and local taxes number 111-11-1111 Taxes You Paid State and local income taxes or general sales taxes. You may include either Income taxes or general sales taxes on line Sa, but not both. If you elect to Include general sales taxes instead of income taxe check this box Se 2.050 b State and local real estate taxes (see instructions) 3.200 e State and local personal property taxes Sc 200 d Add lines a through Se 5d 5,450 Enter the smaller of line 5d or $10.000 ($5.000 i mamed fling separately) Other taxes. List type and amount Se 5.450 Interest You Pald Caution: Your mortgage interest deduction may be ( instruction) 7 Add lines Se and 6 Home mortgage interest and points. If you didn't use all of your home mortgage loan(s) to buy, build, or improve your home, see instructions and check this box a Home mortgage interest and points reported to you on Form 1005. See instructiogs fimited b Home mortgage interest not reported to you on Form 1006. See auctions -imited. If paid to the person from whom you bought the home, see instructions and show that person's nams, identifying no, and address Gifts to Charity Caution: If you made git and get a benef for k, see instructions Casualty and Theft Losses Points not reported to you on Form 1008. See instructions for special nudes Bc 0 d Mortgage insurance premiums (see instructions) Bd 12,300 5.450 Add lines a through 8d. 5 Investment interest Altach Form 4952 required. See instructions 10 Add lines be and 10 12.300 11 Gifts by cash or check. If you made any gift of $250 or more, see instructions 11 328 12 Other than by cash or check. If you made any gift of $250 or instructions. You must attach Fom 6283 over $500 13 Carryover from prior year 12 1.500 13 14 Add lines 11 through 13 14 1.828 15 Casually and that loss(es) from a federally declared disaster (other than net qualified disaster losses) Attach Form 4684 and e ar the amount from ne 18 of that form. Dee instructions 15 Gambling losses Other Itemized Deductions 16 200 Total Itemized 17 Add the amounts in the far right column for Ines 4 through 16. Als enter this amount on Form 1040 or 1040-SR, 12 17 10.778 Deductions 18 If you elect to amics deductions even though they are less than your standard deduction, check this box For Paperwork Reduction Act Notice, sas the Instructions for Forms 1040 and 1040- Cat No. 171450 Schedule A (Furm 1040) 2021 THIS FORM IS A SIMULATION OF AN OFFICIAL US. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAX FNINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL 2022 McGraw-Hill Education.