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ACC2027 (2020) - Page Problem C1-3 (55 Points) Sherry Hunter (age 34) moved from Arizona to Florida in December 2018. She lives at 150 Lighthouse

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ACC2027 (2020) - Page Problem C1-3 (55 Points) Sherry Hunter (age 34) moved from Arizona to Florida in December 2018. She lives at 150 Lighthouse Rd, Gulfport, FL 33707. Sherry's Social Security number is 466-78-7359 and she is single. Her earnings and income tax withholding for 2019 for her job as a manager at a Florida citrus-processing plant are: Earnings from the Gulfport Citrus Growers LLC Federal income tax withheld $49,900 State income tax withheld 5,800 0 Sherry's other income includes interest on an account at Chase Bank of $1,600 and $400 per month alimony from her ex-husband, John. The divorce decree was dated November 10, 2016. During 2019, Sherry paid the following amounts (all of which can be substantiated): Home mortgage interest $6,800 Auto loan interest 1,800 Credit card interest 850 Qualified Student Loan interest 1,000 Property taxes on personal residence 2,100 State and local sales taxes 1,800 Health insurance premiums paid (after taxes) 2,160 Hospital bills 3,500 Doctor bills 1,950 Other medical expenses 650 Insurance Reimbursements for medical expense 2,000 Income tax preparation fee 200 Job-hunting expenses 1,050 Union dues 780 Charitable cash contributions (supported by receipts 2,600 In November 2019, someone broke into Sherry's house and stole her diamond ring. The diamond ring had a fair market value of $7,500 and a tax basis of $6,000. The ring was uninsured. Required: Complete Sherry's 2019 tax return using the appropriate 1040 Form and any required schedules and worksheets. Make realistic assumptions about any missing data

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