complete form 1040 plz
Note: This problem is for the 2018 tax year. Beth R. Jordan lives at 2322 Skyview Road, Mesa, AZ 85201. She is a tax accountant with Mesa Manufacturing Company, 1203 Western Avenue, Mesa, AZ 85201 (employer identification number 11-1111111). She also writes computer software programs for tax practitioners and has a part-time tax practice. Beth is single and has no dependents. Beth's birthday is July 4, 1972, and her Social Security number is 123-45-6785. She wants to contribute $3 to the Presidential Election Campaign Fund. The following information is shown on Beth's Wage and Tax Statement (Form W-2) for 2018. Line Description Amount Wages, tips, other compensation $65,000.00 Federal income tax withheld 10,500.00 Social Security wages 65,000.00 Social Security tax withheld 4,030.00 Medicare wages and tips 65,000.00 Medicare tax withheld 942.50 State Arizona State wages, tips, etc. 65,000.00 State income tax withheld 1,954.00 During the year, Beth received interest of $1,300 from Arizona Federal Savings and Loan and $400 from Arizona State Bank. Each financial institution reported the interest income on a Form 1099-INT. She received qualified dividends of $800 from Blue Corporation, $750 from Green Corporation, and $650 from Orange Corporation. Each corporation reported Beth's dividend payments on a Form 1099-DIV. Beth received a $1,100 income tax refund from the state of Arizona on April 29, 2018. On her 2017 Federal income tax return, she reported total itemized deductions of $8,200, which included $2,200 of state income tax withheld by her employer. Fees earned from her part-time tax practice in 2018 totaled $3,800. She paid $600 to have the tax returns processed by a computerized tax return service. On February 8, 2018, Beth bought 500 shares of Gray Corporation common stock for $17.60 a share. On September 12, 2018, Beth sold the stock for $14 a share. Beth bought a used sport utility vehicle for $6,000 on June 5, 2018. She purchased the vehicle from her brother-in-law, who was unemployed and was in need of cash. On November 2, 2018, she sold the vehicle to a friend for $6,500. On January 2, 2018, Beth acquired 100 shares of Blue Corporation common stock for $30 a share. She sold the stock on December 19, 2018, for $55 a share. Both stock transactions were reported to Beth on Form 1099-B; basis was not reported to the IRS. During the year, Beth records revenues of $16,000 from the sale of a software program she developed. Beth incurred the following expenses in connection with her software development business. Cost of personal computer $7,000 Cost of printer 2,000 Furniture 3,000 Supplies 650 Fee paid to computer consultant 3,500 Beth elected to expense the maximum portion of the cost of the computer, printer, and furniture allowed under the provisions of $ 179. These items were placed in service on January 15, 2018, and used 100% in her business. Although her employer suggested that Beth attend a convention on current developments in corporate taxation, Beth was not reimbursed for the travel expenses of $1,420 she incurred in attending the convention. The $1,420 included $200 for the cost of meals. During the year, Beth paid $300 for prescription medicines and $2,875 for doctor interest to credit card bills and hospital bills. Medical insurance premiums were paid for her by her employer. Beth paid real property taxes of $1,766 on her home. Interest on her home mortgage (Valley National Bank) was $3,845, and interest to credit card companies was $320. Beth contributed $2,080 to various qualifying charities during the year. Professional dues and subscriptions totaled $350. Beth paid estimated taxes of $1,000. Required: Adrier From 1640 CON Table Wrest . W. 2. Aho De O lified dividende b Ordinary dividends Forward de pensions, w ww . Se c urity benefits. . & T e sts Add you to schedule, Auted grow you have now to Income the amo Schade ne from no - . . . . . . Standard deduction or Hamid deduction from Schedule . . . . . . . . Oued business income deduction free vruction)...... to Texable income. Subtraces and from ine 7. rors, enter. yung 11 Tax free inst) check it any from fome 2 Fomer2 Addwy amount from Schedule 2 and check here . 12 C d tax credit for other dependents sunt from sedule and deter STRO Subtractine 12 from ine 11. zero or less entero.. . . Nyou checked Other taxes. Attach Schedule 4 . . . . . . . . . ary bed Standard Totul tax. Addres 13 and 14 . . . . . . . . . . . . . . . . . con Federal income tax withheld from Forms W-2 and 1099 . . . . . . . . . . . . . Peludable croits B i t) Form Add any amount from Schedules 18 Addnes 16 and 17. These are your total payments Refund 19 line 18 is more than line 15, subtract line 15 from line 18. This is the amount you overpald. . 20. Amount of line 19 you want refunded to you. Form 8888 is anached, check here Direct de Rom e Type Checking Saving d Account rumber 21 Amount of line 10 you want applied to your 2018 estimated tex 21 Amount You Owe 22 Amount you owe Subtractine 18 from line 15. For details on how to pay, bee Instructions 23 Estimated tax penalty see Instructional Go to www.insgow Form1040 for instructions and the latest Information HUHELIMH Sch. 12 Form 1040 porn