ad diidend income of $550 from Blue Co. stock Dobra h ACI405-Portfolio Project Case 1 Comprehensive Tax Problem-Option 1 Taxpayer information Capital Gains lohn had the followine stock transactions in 2017: Name: John Washington Address: 3450 Green St He sold 1,000 shares of Apex Co. for $ 12,000 on June 7, 2017, which he purchased on April 1, 2017 for 25,000 Miami, FL 54321 DOB: S/s/1960 Filing Status: Married Rental Real Estate SSN: 434-20-2020 The couple owns a rent house which he purchased on July 1, 2014. The income and experises of the rental real estate unit are as follows Occupation: Engineer Name: Debra Washington Address: 3450 Green St. $12,000 $1,500 Rental income Property taxes Depreciation Repairs and Maintenance Miam, FL 54321 $1,000 DOB: 7/7/1962 Filing Status: Married SSN: 411-21-4568 Occupatior: Teachr 5750 $2,000 Other Transactions in 2017 1. Debra had educator expenses in 2017 of $450.00 2. John had gambling winnings of $1,000 3. John was the beneficiary of his mother's life insurance policy Wages and Compensation His mother died in 2017 and he received $50,000 under this policy The following iniformation is taken from John Washington's 2017 Form W-2 Wage and Tax Statement 4. Debra paid $700 in student loan interest The following information is taken from Debra Washington's 2017 Form W-2 wage and Tax Statement: interest and Dividends John had interest income from a savings account from Everest Bank of $500.0o ad diidend income of $550 from Blue Co. stock Dobra h ACI405-Portfolio Project Case 1 Comprehensive Tax Problem-Option 1 Taxpayer information Capital Gains lohn had the followine stock transactions in 2017: Name: John Washington Address: 3450 Green St He sold 1,000 shares of Apex Co. for $ 12,000 on June 7, 2017, which he purchased on April 1, 2017 for 25,000 Miami, FL 54321 DOB: S/s/1960 Filing Status: Married Rental Real Estate SSN: 434-20-2020 The couple owns a rent house which he purchased on July 1, 2014. The income and experises of the rental real estate unit are as follows Occupation: Engineer Name: Debra Washington Address: 3450 Green St. $12,000 $1,500 Rental income Property taxes Depreciation Repairs and Maintenance Miam, FL 54321 $1,000 DOB: 7/7/1962 Filing Status: Married SSN: 411-21-4568 Occupatior: Teachr 5750 $2,000 Other Transactions in 2017 1. Debra had educator expenses in 2017 of $450.00 2. John had gambling winnings of $1,000 3. John was the beneficiary of his mother's life insurance policy Wages and Compensation His mother died in 2017 and he received $50,000 under this policy The following iniformation is taken from John Washington's 2017 Form W-2 Wage and Tax Statement 4. Debra paid $700 in student loan interest The following information is taken from Debra Washington's 2017 Form W-2 wage and Tax Statement: interest and Dividends John had interest income from a savings account from Everest Bank of $500.0o