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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


 

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. Alex Montgomery is single and lives at 3344 Bayview Drive, Richmond Hill, GA 31324. His SSN is 412-34-5670. He recently graduated from the Savannah College of Art and Design and works as a video game developer. His Form W-2 contained the following information. Wages Federal W/H Social Security wages Social Security W/H (box 1) (box 2) = (box 3) = (box 4) = $ 76,511.22 $ 9,748.41 $ 76,511.22 $ 4,743.70 Medicare wages (box 5) = $ 76,511.22 Medicare W/H (box 6) = $ 1,109.41 Required: Prepare a Form 1040 for Alex. Use the appropriate Tax Tables. Note: Do not round intermediate computations. Round your final answers to the nearest whole dollar amount. Input all the values as positive numbers. Instructions can be found on certain cells within the forms.

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Form 1040 for Alex Montgomery Filing Status Single Box 1 Dependents Alex can claim himself Box 1 as he is single Part 1 Your wages salaries and tips W... blur-text-image

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