Question: Required informationComprehensive Problem 8-84 (LO 8-1, LO 8-2, LO 8-3, LO 8-4, LO 8-5) (Static) Skip to question [The following information applies to the questions

Required informationComprehensive Problem 8-84 (LO 8-1, LO 8-2, LO 8-3, LO 8-4, LO 8-5) (Static)Skip to question

[The following information applies to the questions displayed below.] Reba Dixon is a fifth-grade school teacher who earned a salary of $38,000 in 2021. She is 45 years old and has been divorced for four years. She receives $1,200 of alimony payments each month from her former husband (divorced in 2016). Reba also rents out a small apartment building. This year Reba received $50,000 of rental payments from tenants and she incurred $19,500 of expenses associated with the rental. Reba and her daughter Heather (20 years old at the end of the year) moved to Georgia in January of this year. Reba provides more than one-half of Heather's support. They had been living in Colorado for the past 15 years, but ever since her divorce, Reba has been wanting to move back to Georgia to be closer to her family. Luckily, last December, a teaching position opened up and Reba and Heather decided to make the move. Reba paid a moving company $2,010 to move their personal belongings, and she and Heather spent two days driving the 1,426 miles to Georgia. Reba rented a home in Georgia. Heather decided to continue living at home with her mom, but she started attending school full-time in January and throughout the rest of the year at a nearby university. She was awarded a $3,000 partial tuition scholarship this year, and Reba helped out by paying the remaining $500 tuition cost. If possible, Reba thought it would be best to claim the education credit for these expenses. Reba wasn't sure if she would have enough items to help her benefit from itemizing on her tax return. However, she kept track of several expenses this year that she thought might qualify if she was able to itemize. Reba paid $5,800 in stateincome taxes and $12,500 in charitable contributions during the year. She also paid the following medical-related expenses for herself and Heather:

Insurance premiums$ 7,952
Medical care expenses$ 1,100
Prescription medicine$ 350
Nonprescription medicine$ 100
New contact lenses for Heather$ 200

Shortly after the move, Reba got distracted while driving and she ran into a street sign. The accident caused $900 in damage to the car and gave her whiplash. Because the repairs were less than her insurance deductible, she paid the entire cost of the repairs. Reba wasn't able to work for two months after the accident. Fortunately, she received $2,000 from her disability insurance. Her employer, the Central Georgia School District, paid 60 percent of the premiums on the policy as a nontaxable fringe benefit and Reba paid the remaining 40 percent portion. A few years ago, Reba acquired several investments with her portion of the divorce settlement. This year she reported the following income from her investments: $2,200 of interest income from corporate bonds and $1,500 interest income from City of Denver municipal bonds. Overall, Reba's stock portfolio appreciated by $12,000, but she did not sell any of her stocks. Heather reported $6,200 of interest income from corporate bonds she received as gifts from her father over the last several years. This was Heather's only source of income for the year. Reba had $10,000 of federal income taxes withheld by her employer. Heather made $1,000 of estimated tax payments during the year. Reba did not make any estimated payments. Assume Reba received the correct advance payment for her 2021 individual recovery credit.

Complete Schedule 3 of Form 1040 for Reba. Visit the IRS website and download Schedule 3 of Form 1040. Enter the required values in the appropriate fields.

Required informationComprehensive Problem 8-84
SCHEDULE 3 OMB No. 1545-0074 (Form 1040) Additional Credits and Payments Department of the Treasu Attach to Form 1040, HMOSR. or 1040-NFt. 222 Internal Revenue Service W Go to wwars.gov1Form1'0401'or Instructions and the latest Information. $33,110:\"; 0 03 Name(s) shown on Form 1040. 1040-SR, or 1040-NR Your social security number Nonrefundable Credits 1 Foreign tax credit. Attach Form 1116 if required Credit for child and dependent care expenses from Form 2441, line 11. Attach Form 2441 Education credits from Form 8863, line 19 . . M Retirement savings contributions credit. Attach Form 8880 . Residential energy credits. Attach Form 5695 050145-00 Other nonrefundable credits: General business credit. Attach Form 3800 Credit for prior year minimum tax. Attach Form 8801 Adoption credit. Attach Form 8839 . . Credit for the elderly or disabled Attach Schedule R. Alternative motor vehicle credit. Attach Form 8910 Qualified plug-in motor vehicle credit. Attach Form 8936 . Mortgage interest credit. Attach Form 8396 District of Columbia firsttime homebuyer credit. Attach Form 8859 Qualified electric vehicle credit. Attach Form 8834 j Alternative fuel vehicle refueling property credit. Attach Form 8911 k Credit to holders of tax credit bonds. Attach Form 8912 | Amount on Form 8978, line 14. See instructions I'D-\"09.00:! z Other nonrefundable credits. List type and amount: 7 Total other nonrefundable credits. Add lines 6a through 62

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