Question
1. Paige Turner is single and has two children from her previous marriage. Ali lives with Paige, and Paige provides more than half of her
1. Paige Turner is single and has two children from her previous marriage. Ali lives with Paige, and Paige provides more than half of her support. Leif lives with his father, Will (Leif lived with Will for all of 2019). Will provides more than half of Leifs support. Paige provides you with the following additional information: She uses the cash method of accounting and a calendar year for reporting. She wishes to contribute to the presidential election campaign. Paige lives at 523 Essex Street, Bangor, Maine 04401. Paiges birthday is May 31, 1981. Alis birthday is October 5, 2010. Leifs birthday is December 1, 2008. Paiges Social Security number is 007-XX-4727. Alis Social Security number is 005-XX-7232. Leifs Social Security number is 004-XX-3419. Wills Social Security number is 006-XX-6333. She does not have any foreign bank accounts or trusts. 2. Paige is employed as a nuclear engineer with Atom Systems Consultants, Inc. (ASCI). ASCIs federal employer identification number is 79-1234466. Paiges pay stubs indicate that she had $4,230 withheld in federal taxes, $4,987 in state taxes, $4,495 in Social Security taxes, and $1,051 in Medicare taxes. ASCI has an extensive fringe benefits program for its employees. 3. Paige earned salary of $70,000 [before subtracting her 401(k) and flexible spending plan contributions]. She contributed $7,000 to her 401(k) account, and she contributed $2,500 to her flexible spending account.
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