Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2B. David Fleming is a single taxpayer living at 169 Trendie Street, Apartment 6B, La Jolla, CA 92037. His Social Security number is 865-68-9635 and

image text in transcribedimage text in transcribed

2B. David Fleming is a single taxpayer living at 169 Trendie Street, Apartment 6B, La Jolla, CA 92037. His Social Security number is 865-68-9635 and his birthdate is September 18,1976. David was employed as a delivery person for a local pizza restaurant. David's W-2 showed the following: fom WI=2 wage ane lax statement Copy B-To De Find with Employne's FroCRhL Tax Aeturn. David's only other source of income during the year was a prize he won appearing on a game show. The game show sent David home with a Form 1099-MISC: He has no other adjustments to income or deductible expenses except for a single ghow a cash payment of $500 to a charity after winning big at the game show and a $1, 400 EIP received in 2021. Unfortunately, David's employer did not provide health care to its employees but David signed up for coverage through his state's health care exchatids The exchange sent him a Form 1095-A as shown on Page 7-65. Required: Complete David's federal tax return for 2021. Use Form 1040, Schedule Schedule 2, and Form 8962 . Make realistic assumptions about any missing data. 2B. David Fleming is a single taxpayer living at 169 Trendie Street, Apartment 6B, La Jolla, CA 92037. His Social Security number is 865-68-9635 and his birthdate is September 18,1976. David was employed as a delivery person for a local pizza restaurant. David's W-2 showed the following: fom WI=2 wage ane lax statement Copy B-To De Find with Employne's FroCRhL Tax Aeturn. David's only other source of income during the year was a prize he won appearing on a game show. The game show sent David home with a Form 1099-MISC: He has no other adjustments to income or deductible expenses except for a single ghow a cash payment of $500 to a charity after winning big at the game show and a $1, 400 EIP received in 2021. Unfortunately, David's employer did not provide health care to its employees but David signed up for coverage through his state's health care exchatids The exchange sent him a Form 1095-A as shown on Page 7-65. Required: Complete David's federal tax return for 2021. Use Form 1040, Schedule Schedule 2, and Form 8962 . Make realistic assumptions about any missing data

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Auditor Quo Vadis

Authors: Mervyn King, Linda De Beer

1st Edition

1138496774, 978-1138496774

More Books

Students also viewed these Accounting questions