Use 2021 tax forms ONLY

Forms required: 1040, schedule 1, and Schedule B

A manual capital gain tax calculation worksheet

CoursHeroTranscribedText: 1:4-61 Alice Johnson, Social Security number 222-23-3334, is a single taxpayer and is employed as a secretary by State University of Florida. She has the following items pertaining to her income tax return for the current year: . Received a $30,000 salary from her employer, who withheld $4,200 federal income tax. . Received a gift of 1,000 shares of Ace Corporation stock with a $100,000 FMV from her mother. She also received $4,000 of cash dividends from the Ace Corporation. The dividends are qualified dividends. . Received $1,000 of interest income on bonds issued by the City of Tampa. . Received a regular stock dividend (nontaxable under Sec. 305) of 50 shares of Ace Corporation stock with a $5,000 FMV. . Alice's employer paid $2,000 of medical and health insurance premiums on her behalf. . Received $13,000 alimony from her ex-husband. They divorced on August 1, 2014. . State University provided $60,000 of group term life insurance. Alice is 42 years old and is not a key employee. The table in the text is applicable. Received a $1,000 cash award from her employer for being designated the Secretary of the Year. . Total itemized deductions are $10,000. Complete Form 1040 and accompanying schedules for Alice Johnson's 2020 return