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(Solved): Answer blue boxes on Schedule 1 (Form 1040) 2. Complete page 1 of Form 1040 through line 9 and S ...



Answer blue boxes on Schedule 1 (Form 1040)

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student submitted image, transcription available below
2. Complete page 1 of Form 1040 through line 9 and Schedule 1 for the Workmans (for fiting MFJ). Note: Input all the values as positive numbers. Enter ony non-financiol information, (e.g. Names, Addresses, social security numbers) EXACTLY as they appear in any given information or Problem Statement. Do not skip rows, while entering in Deductions section of Form 1040 PG1. Assume the dividends are quolified dividends. Neither Ryon nor Diana wish to contribute to the Presidential Election Campaign fund or had any virtual currency transactions or interests. Use 2023 tax rules regardless of year on tex form. Ryon's and Dionals oddress is 19010 N.W. 135th Street, Miomi. FL 33054 Social security numbers: Ryan 111.22 .3333 Diand Jorge: valued at . As the beneficiary of his father's life insurance policy, Ryan also received . h. The couple spent a weekend in Atlantic City in November and came home with gross gambling winnings of . i. Diana received cash for reaching 10 years of continuous service at . j. Diana was hit and injured by a drunk driver while crossing a street at a crosswalk, she was unable to work for a month. She recelved from her disablity insurance. DI paid the premiums for Diana, but it reported the amount of the premiums as compensation to Diana on her year-end W- 2 . k. The drunk driver who hit Diana in part (j) was required to pay her medical costs, for the emotional trauma she suffered from the accident, and for punitlve damages. I. For meeting her performance goals this year, Dlano was informed on December 27 that she would receive a year-end bonus. DI (located in Houston, Texas) mailed Diana's bonus check from its payroll processing center (Tampo. Florida) on December 28. Diana didn't receive the check at home until January 2. . Ryan is o 10 percent owner of MNO Incorporated, a Subchapter corporation. The company reported ordinary business income for the year of . Ryan ocquired the MNO stock two years ogo. n. Ryon's day care business collected in fevenues. In addition, customers owed him ot year-end. During the year, Ryan spent for supplies. for utilities, for rent, and for miscellaneous expenses. One customer gove him use of their vacotion home for a week (worth ) in exchange for Ryan allowing their child to attend the day care center free of charge. Ryan accounts for his business activities using the cosh method of accounting. o. Diano's employer pays the couple's annual heolth insurance premiums of for a qualified pion.


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