Question
America Los Rios age 36 is a single taxpayer, living at 4700 Oak Drive, Sacramento, California 95841. Her social security number is 976 - 23
America Los Rios age 36 is a single taxpayer, living at 4700 Oak Drive, Sacramento, California 95841. Her social security number is 976 - 23 - 5132. America's earnings and income tax withholding as the manager of a local supermarket store for 2015 , Sacramento, California 95841. Her social security number is 976 - 23 - 5132. America's earnings and income tax withholding as the manager of a local supermarket store for 2015 are:
earnings...........69,000
federal income tax withheld... 14,800
state income tax withheld.....2,300
America's other income includes qualifying dividends on American River Corporation stock of $4,400 and interest on a long-term certificate of deposit at Bank of Sacramento of $5,205
During the year America paid the following amounts all of which can be substantiated:
home mortgage interest.... 10,600
credit card interest....5500
auto loan interest.....1700
life insurance policy..... 750
property tax on personal residence...1150
blue Cross med expenses...650
other medical expenses...790
income tax prep fee....250
charitable cash contributions. ...575
America also trade stock and bonds during the years she's sold several stocks received a form 1099-b which of the following short-term gain of 1000 and a long-term loss of 5950.
Stock Acquired Sold Price Basis
Red Co. 02/01/05 10/05/15 $5,500 $2,500
Green Co. 06/11/15 08/03/15 4,000 5,000
Blue Co. 12/12/14 09/22/15 6,200 5,000
White Co. 05/12/04 10/15/15 7,000 4,000
Black Co. 09/15/08 11/01/15 5,500 6,750
complete America's federal tax return for 2015. Use form 1040, scheduling, schedule B, Schedule D, form 8949
2 1n4n USvIndividuallncomeTaxReturn gsta only Adjusted cera 23 trough 35 22. Tha inyo. 2015 checkboxStep by Step Solution
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