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Chapter 4 ques. 3 The following information apples to the questions displayed below! Read the following letter and help Shady Sim with his tax situation

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Chapter 4 ques. 3 The following information apples to the questions displayed below! Read the following letter and help Shady Sim with his tax situation Assume that is gross income is $172.900 which consists only of salary for purposes of this problem December 31, 2019 To the friendly student to preparer H 's Shady Slim again. I just got back from my 55th birthday party and I'm told that you need some more information from me in order to complete my tax return. I'm an open book nu tell you whatever I think you need to know Let me tell you a few more things about my fe. As you may recall I am divorced from my wife, Alice I know that it's unusual, but I have custody of my son. Shady, The judge owed me a few favors and I really love the kid. He lives with me full-time and my ex-wife gets him every other weekend. I pay the vast majority of my son's expenses. I think Alice should have to pay some child support, but she doesn't have to pay a dime. The judge didn't owe me that much, I guess Remember when I told you about that guy that me with his car had a bunch of medical expenses that were not reimbursed by the lawsuit or by my insurance incurred a total of $20.000 in medical expenses, and I was only reimbursed for $11000 Good thing I can write of medical expenses, night? I contributed a lot of money to charity this year and have receipt documentation for all contributions such a nice guy gave stooo in cash to the March of Dimes Iconbuted some of my old furniture to the church was some good stuf! contributed a red velvet couch and my old recliner. The furniture is considered vintage and is worth $5,000 today the appraiser surprised mel, even though I only paid $1.000 for it back in the day. When I contributed the furniture, the pastor said he didn't like the fabric and was going to sell the furniture to pay for some more pows in the church. Oh well, some people st have no taste night7 Roca Cola had a charity drive for the United Way this year and contributed $90. Turns out, I don't even miss it, because Roca Cola takes it right off my paycheck every month... $15 a month starting in July, My pay stub verifies that i contributed the $90 to the United Way Oh, one other bit of charity from me this year An old buddy of mine was down on his luck. He lost his job and his house. I gave him $500 to help him out I paid a lot of money in interest this year Ipad a total of $950 in personal credit card interest. I also paid $18.000 in interest on my $500,000 home mortgage that helped me buy my dream home also paid $2.000 in real estate tres for my new house A few other things I want to tell you about this year someone broke into my house and wole my brand new bicycle and my set of golf clubs The total loss from that was $900. I paid $125 in union due to year I had to pay $1200 for new suits for my job Roca Cola requires is managers to wear it every day on the job. I spent a total of $300 topay for us to commute to my jobs year Oh, this is pretty cool I've always wanted to be a frigher. I spent $1.400 intuition to go to the local firefighter's school. I did this because someone told me that I can deduct the tuition as an itemized deduction, so the money would be coming back to me. That should be all the information you need right now. Please calculate my taxable income and complete pages 1 and 2 of Form 1040 through taxable income, line 43) and schedule A You're still doing this for free, right? 3. Allard10.00 points c. Complete Schedule A Download the Tax Form and enter the required values in the appropriate fields Please right click on the attached Adobe document and select open in new window. Then, download the Tax Form and enter the required values in the appropriate fields. Save your completed Tax Form to your computer and then upload there by clicking "Browse Neck Save Use 2018 tar dess of years Chapter 4 ques. 3 The following information apples to the questions displayed below! Read the following letter and help Shady Sim with his tax situation Assume that is gross income is $172.900 which consists only of salary for purposes of this problem December 31, 2019 To the friendly student to preparer H 's Shady Slim again. I just got back from my 55th birthday party and I'm told that you need some more information from me in order to complete my tax return. I'm an open book nu tell you whatever I think you need to know Let me tell you a few more things about my fe. As you may recall I am divorced from my wife, Alice I know that it's unusual, but I have custody of my son. Shady, The judge owed me a few favors and I really love the kid. He lives with me full-time and my ex-wife gets him every other weekend. I pay the vast majority of my son's expenses. I think Alice should have to pay some child support, but she doesn't have to pay a dime. The judge didn't owe me that much, I guess Remember when I told you about that guy that me with his car had a bunch of medical expenses that were not reimbursed by the lawsuit or by my insurance incurred a total of $20.000 in medical expenses, and I was only reimbursed for $11000 Good thing I can write of medical expenses, night? I contributed a lot of money to charity this year and have receipt documentation for all contributions such a nice guy gave stooo in cash to the March of Dimes Iconbuted some of my old furniture to the church was some good stuf! contributed a red velvet couch and my old recliner. The furniture is considered vintage and is worth $5,000 today the appraiser surprised mel, even though I only paid $1.000 for it back in the day. When I contributed the furniture, the pastor said he didn't like the fabric and was going to sell the furniture to pay for some more pows in the church. Oh well, some people st have no taste night7 Roca Cola had a charity drive for the United Way this year and contributed $90. Turns out, I don't even miss it, because Roca Cola takes it right off my paycheck every month... $15 a month starting in July, My pay stub verifies that i contributed the $90 to the United Way Oh, one other bit of charity from me this year An old buddy of mine was down on his luck. He lost his job and his house. I gave him $500 to help him out I paid a lot of money in interest this year Ipad a total of $950 in personal credit card interest. I also paid $18.000 in interest on my $500,000 home mortgage that helped me buy my dream home also paid $2.000 in real estate tres for my new house A few other things I want to tell you about this year someone broke into my house and wole my brand new bicycle and my set of golf clubs The total loss from that was $900. I paid $125 in union due to year I had to pay $1200 for new suits for my job Roca Cola requires is managers to wear it every day on the job. I spent a total of $300 topay for us to commute to my jobs year Oh, this is pretty cool I've always wanted to be a frigher. I spent $1.400 intuition to go to the local firefighter's school. I did this because someone told me that I can deduct the tuition as an itemized deduction, so the money would be coming back to me. That should be all the information you need right now. Please calculate my taxable income and complete pages 1 and 2 of Form 1040 through taxable income, line 43) and schedule A You're still doing this for free, right? 3. Allard10.00 points c. Complete Schedule A Download the Tax Form and enter the required values in the appropriate fields Please right click on the attached Adobe document and select open in new window. Then, download the Tax Form and enter the required values in the appropriate fields. Save your completed Tax Form to your computer and then upload there by clicking "Browse Neck Save Use 2018 tar dess of years

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