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At the beginning of 2 0 1 8 , Donna harp was employed as a cinematographer by Farah Movie, Inc., a motion picture company in
At the beginning of Donna harp was employed as a cinematographer by Farah Movie, Inc., a motion picture company in Los Angeles, California. In June, she accepted a new job with Ocala Production in Orlando, Florida. Donna is single and her Social Security number is She sold her house in California on August for $ She paid a $ sales commission. The house was acquired on March for $The cost of transporting her household goods and personal effects from California to Orlando amounted to $ To travel from California to Florida, she paid travel and lodging costs of $ and $ for meals. On July she purchased a house for $ on Minnie Lane in Orlando. To purchase the house, she incurred a year mortgage for $ To obtain the loan, she paid points of $ The $ of property taxes for the house in Orlando were prorated with $ being apportioned to the seller and $ being apportioned to the buyer. In December of the current year she paid $ for property taxes.Salary from Farah Movie, Inc. $Salary from ocala Production, Inc. $Federal income taxes withheld by Farah $Federal income taxes withheld by ocala $FICA taxes withheld by Farah $FICA taxes withheld by ocala $Interest income from Sun National bank $dividend income $Interest paid for mortgage:Home in California $Home in Orlando $Property taxes paid in California $Sales taxes paid in California and Florida State $income taxes paid in California $Donna was born on May The zip code for her Florida address is Donna's federal income tax for the previous tax year was only $The $ Dividend Income is to be treated as QUALIFYING Dividend Income.Here is some clarifying information for you:Social Security OASDI Taxes were withheld by Farah in accordance with requirementsMedicare Taxes were withheld by Farah in accordance with requirementsSocial Security OASDI Taxes withheld by Ocala in accordance with requirements Medicare Taxes withheld by Ocala in accordance with requirements Property Taxes Summary and Clarification:Donna Harp paid $ of property taxes to the California taxing authorities.Donna also wrote a check to the Florida taxing authorities for $ to cover the property taxes on the Florida property. It is crucial for you to understand that although Donna paid this $ property tax bill, she only bought the Florida house on July and the seller of the house that lived in it from January July paid Donna $ to cover the real estate taxes for that period. That is what the book means when it says "The $ of property taxes for the house on Orlando Florida were prorated with being apportioned to the seller and to the buyer.Prepare form including schedules a B and D Prepare form and form
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