Chapter 1 TRP 1-1 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 (box 1) = $ 76,511.22

Federal W/H (box 2) = $ 9,651.82

Social security wages (box 3) = $ 76,511.22

Social security W/H (box 4) = $ 4,743.70

Medicare wages (box 5)