Question: Prepare a 2020 Form 1040 with a Schedule 1 and Schedule A John and Shannon O'Banion, who lives at 3222 Pinon Drive, Mesa, CO 81643,

Prepare a 2020 Form 1040 with a Schedule 1 and Schedule A

John and Shannon O'Banion, who lives at 3222 Pinon Drive, Mesa, CO 81643, file as married filing jointly. John's social security number is 412-34-5670 (date of birth 5/12/1982), and Shannons is 412-34-5671 (date of birth 11/3/1984).

Johns W-2 contained the following information:

Wages (box 1) = $ 66,346.74
Federal W/H (box 2) = $ 5,224.75
Social security wages (box 3) = $ 66,346.74
Social security W/H (box 4) = $ 4,113.50
Medicare wages (box 5) = $ 66,346.74
Medicare W/H (box 6) = $ 962.03

Shannon did not work for the year due to a medical condition but did receive unemployment compensation of $2,711 for the year with federal withholding of $340.25. In the same year, they had the following medical costs:

Shannons prescribed diabetes medication $ 4,250
Shannons hospital charges 9,350
Shannons regular physician visits 835
Shannons eye doctor 75
Shannons diabetes blood testing supplies 685
Insurance reimbursements 1,925

In addition, they had the following other expenses:

State income taxes $ 4,950
Real estate property taxes 4,170
Car loan interest 500
Personal property taxes 765
Cash charitable contributions (made ratably throughout the year to their church) 2,135
Mortgage interest expense 9,970
Union dues for John 575
Tax preparation fees 175

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