Question
Can anyone tell me what tax forms I would use for this? I add on from each chapter..and I already finished my 1040 for chapter
Can anyone tell me what tax forms I would use for this? I add on from each chapter..and I already finished my 1040 for chapter 1...would I just add this extra on to that? Or do I need any extra tax forms? ?
Ivan and Irenen have the following investment income, in addition to that reported in chapter 1. (I did a 1040, for this)
Dividends (qualified) on big bank stock $850.00
Dividends (qualified) on Big gas company stock $470
Dividends (non qualified) from mango mutual fund $145
Interest on Washington State municipal bonds $650
Interest on big electric company bonds $650
Ivan went to a local Indian casino and won $6,000 playing keno. Ivan had no other gambling income or loss.
In feb. Irenen received $50,000 in life insurance proceeds from the death of her friend sharon
In july, Ivans uncle igor died and left him real estate (undeveloped land) worth 72,000
Five years ago, ivan and irene were divorced. He pays Mary 13,000 per year in alimony. All payments were made on time. Three years ago, he remarried Irene.
Bitweing dental clinic, inc. pays Ivans dental license and fees and membership dues to dental organizations. During 2014 biting paid $1,240 for such dues and fees for ivan.
Irene was laid off from her job on jan. 2. 2014. for 2014 she received $3,750 in unemployment benefits.
Ivan and his family are covered by an employer-sponosered health insurance plan at work. Bitewing pays $700 per month premiums for Ivan and his family. During the year, Irenen was in the hospital for a few days to have her appendix removed. The bill for surgery was fully reimbursed for 5,100.
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