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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. Wendy ONeil (SSN 412-34-5670), who is single, worked full time as the director at a local charity. She resides at 1501 Front Street, Highland, AZ 85711. For the year, she had the following reported on her W-2: Wages $ 46,200 Federal withholding 7,930 Social security wages 46,200 Social security withholding 2,864 Medicare withholding 670 State withholding 2,310 Other information follows: 1099-INT New Bank $ 300 1099-DIV Freeze, Incorporated Ordinary dividends 400 Qualified dividends 400 Wendy had the following itemized deductions: State income tax withholding $ 2,310 State income tax paid with the 2021 return 100 Real estate tax 2,600 Mortgage interest 8,060 Wendy inherited a beach house in North Carolina (rental only) on January 2, 2022, from her father. The FMV at the fathers death was $850,000. He had purchased the house 20 years earlier for $100,000. Summer rental income $ 45,000 Repairs 2,500 Real estate taxes 6,500 Utilities 2,400 Depreciation (Calculate) On December 29, 2022, Wendy properly conducted a like-kind exchange for rental real estate located at 128 Lake Boulevard, Hot Town, AZ. She received rental property with an FMV of $950,000 and $20,000 cash in exchange for the North Carolina beach house. The Arizona property did not produce any income until 2023. Prepare Form 1040 for Wendy for 2022. The taxpayer had qualifying health care coverage at all times during the tax year. You will also need Schedule 1, Schedule A, Schedule E, Form 4562, Form 4797, Form 8824, and Form 8995. Use the appropriate Table 6A-6 and Tax Tables or Tax Rate Schedules. Note: Input all the values as positive numbers. Round intermediate computations and final answers to the nearest whole dollar. Instructions can be found on certain cells within the forms. Do not skip rows while entering in Residential rental property section on Section B of Form 4562. i need these forms 1040 Schedule 1 Schedule A Schedule E Form 4797 Form 8995 Form 8824 Form 4562

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