Appendix E: Kytrina Casio Information

For your fifth client, your boss wants you to prepare Form 1040, Schedule A, B, and supporting forms (4684) for Kytrina Casio.

Facts:

Kytrina is a 30-year old single person. She is a graphic artist who also works in an antique store on weekends. No one else can claim Kytrina as a dependent. For 20XX, she had the following information:

Taxpayer:	Kytrina Casio 123 Park Avenue Flowers, TX 75000
Social Security No.	123-45-6789
INCOME:
W-2 from 1st employer Gross wages income:	$13,164
Federal Withholding	$ 921
W-2 from 2d employer Gross wages income:	$50,000
Federal withholding	$ 9,500
Interest income from bank	$ 132
Interest income from brokerage firm	$ 2,100
Ordinary "qualified" dividends from large U.S. corporation:	$ 3,000
POSSIBLE DEDUCTIONS:
Mortgage interest paid	$ 6,700
State and local income taxes paid	$ 1,400
Charitable contributions to a 501(c)(3) charity	$ 1,800
Casualty loss, her garage was destroyed by fire. Cost and fair market value were	$ 9,000
Insurance pay out for the garage fire:	$ 3,000
Property taxes on her home	$ 2,600

Using these fact, prepare Form 1040, Schedules A, & B for Kytrina for the most recent year for which there is a form (this is almost always the year prior to the present year). Remember to consider both the standard deduction vs. itemized deduction, and the personal exemption, if any. Also, you may need other forms, such as the 4684 and instructions