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 3/15/1980). Her W-2 contained the following information: $ 48,965.25 Social security wages Social security W/H Wages (box 1) Federal W/H (box 2) (box 3) (box 4) = Medicare wages (box 5) = Medicare W/H (box 6) = $ 5,043.40 = $ 48,965.25 $ 3,035.85 $ 48,965.25 $ 710.00 She has gambling winnings of $1,050 and the following expenses: State income taxes Real estate property taxes Medical expenses Charitable cash contributions (no single contribution was more than $250) Mortgage interest expense Personal property taxes Gambling losses Required: $ 3,200 1,150 6,400 450 5,605 720 1,160 Prepare 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 dollar amount. Instructions can be found on certain cells within the forms.) Use the appropriate Tax Tables. 1040 for a Single taxpayer with no dependents. 1040 PG 1 1040 PG 2 Schedule 1 Schedule A
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 3/15/1980). Her W-2 contained the following information: $ 48,965.25 Social security wages Social security W/H Wages (box 1) Federal W/H (box 2) (box 3) (box 4) = Medicare wages (box 5) = Medicare W/H (box 6) = $ 5,043.40 = $ 48,965.25 $ 3,035.85 $ 48,965.25 $ 710.00 She has gambling winnings of $1,050 and the following expenses: State income taxes Real estate property taxes Medical expenses Charitable cash contributions (no single contribution was more than $250) Mortgage interest expense Personal property taxes Gambling losses Required: $ 3,200 1,150 6,400 450 5,605 720 1,160 Prepare 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 dollar amount. Instructions can be found on certain cells within the forms.) Use the appropriate Tax Tables. 1040 for a Single taxpayer with no dependents. 1040 PG 1 1040 PG 2 Schedule 1 Schedule A
Chapter7: Deductions And Losses: Certain Business Expenses And Losses
Section: Chapter Questions
Problem 52CP: Mason Phillips, age 45, and his wife, Ruth, live at 230 Wood lane, Salt lake City, UT 84101. Masons...
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