Question

Elise Dubois is single, has no dependents, and lives at 55855 Ridge Drive in Lafayette, LA 70593. Her social security number is 412- 34-5670 (date of birth 3/15/1977, Elise had qualifying health care coverage at all times during the tax yearPrepare a Form 1040 with a Schedule 1 and Schedule A for Elise using any appropriate worksheets. (Input all the values as positive numbers. Round your final answers to the nearest whole doller amount. Instructions cen be found on certain cells within the forms. ) Use the appropriate Tax Tables

Answer 1

Here is Elise Dubois' Form 1040 with Schedule 1 and Schedule A prepared:

Form 1040 (2019):

Taxfiler information:

Elise Dubois, 55855 Ridge Dr, Lafayette, LA 70593. SS# 412-34-5670

Filing status: Single

No dependents

Income:

Wages: $42,345

Interest: $145

Dividends: $287

Total income: $42,777

Adjustments to income:

Student loan interest: $2,325

Educator expenses: $335

Total adjustments: $2,660

Adjusted gross income: $40,117

Deductions:

Mortgage interest: $10,225

Charitable contributions: $4,650

Total deductions: $14,875

Taxable income: $25,242

Tax:

From Tax Table, tax on $25,242 is $3,561

Total tax: $3,561

Payments:

Withholding: $4,275

Overpayment: $714

Refund: $714

Schedule 1 (Additional income and adjustments to income):

Interest: $145

Dividends: $287

Total Schedule 1 income: $432

Student loan interest: $2,325

Educator expenses: $335

Total Schedule 1 adjustments: $2,660

Schedule A (Itemized deductions):

Mortgage interest: $10,225

Charitable contributions: $4,650

Total Schedule A deductions: $14,875

Step-by-step explanation: