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Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem. In addition, the taxpayers did NOT
Assume the taxpayer does NOT wish to contribute to the Presidential Election Fund, unless otherwise stated in the problem. In addition, the taxpayers did NOT receive, sell, send, exchange, or otherwise acquire any financial interest in any virtual currency during the year.
Maribel Gomez is a single taxpayer, SSN living at Circle Court, Crestview, IL Maribel is a supervisor whose W shows gross wages of $ with $ of Social Security and $ of Medicare taxes withheld. Maribel has $ of federal withholding and $ in state withholding, does not itemize, and had the following stock transactions for the year:
Stock Shares Date Purchased Date Sold Sale Price Cost Basis
$ $
Maribel also has interest from a savings account with Local Neighborhood Bank of $ and dividends from Form DIV of $ in ordinary dividends and $ in qualified dividends.
Prepare a Form for Maribel and all related schedules and forms. Assume that each box of the Bs was not checked for all sales transactions. Maribel had qualifying health care coverage at all times during the tax year. Use the appropriate Tax Tables and Tax Rate Schedules.
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