Alice Johnson, Social Security number 222-23-3334, is a single taxpayer and is employed as a secretary by state University of FloridaShe has the following items pertaining to her income tax return for the current year:
Received as $20,000 salary from her employer, who withheld $3,000 federal income tax.
Received a gift of 1,000 shares of Ace Corporation stock with a $100,000 FMV from her motherShe also received $4,000 of cash dividends from the Ace CorporationThe 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 Sec305) 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 $12,000 alimony from her ex-husband.
State University provided $60,000 of group terms life insuranceAlice is 42 years old and is not a key employeeThe table is 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 $8000.
Complete Form 1040 and accompanying schedules for s 2013 return.