Complete the appropriate school district and municipal income tax returns based on these attachments
Chapter 8 In-Class Scenario (S 8-87) Required: Using the appropriate forms and schedules, compute Dixon's Federal income tax for 2017 Make realistic assumptions about any missing data Round all dollar amounts to the nearest dollar Enter all amounts as positive numbers .It may be necessary to complete the tax schedules before completing Form 1040 .When computing the tax liability, do not round your immediate calculations. If required, round your final answers to the nearest dollar. Reba Dixon is a fifth-grade school teacher who earned a salary of $38,000 in 2017. She is 45 years old and has been divorced for four years. She receives S1,200 of alimony payments each month from her former husband. Reba also rents out a small apartment building. This year Reba received S30,000 of rental payments from tenants and she incurred S19,500 of expenses associated with the rental Reba and her daughter Heather (20 years old at the end of the year) moved to Georgia in January of this year. Reba provides more than one-half of Heather's support. They had been living in Colorado for the past 15 years, but ever since her divorce, Reba has been wanting to move back to Georgia to be closer to her family. Luckily, last December, a teaching position opened up and Reba and Heather decided to make the move. Reba paid a moving company $2,010 to move their personal belongings, and she and Heather spent two days driving the 1,426 miles to Georgia. During the trip, Reba paid $200 for lodging and $85 for meals. Reba's mother was so excited to have her daughter and granddaughter move back to Georgia that she gave Reba S3,000 to help out with the moving costs Reba rented a home in Georgia, Heather decided to continue living at home with her mom, but she started attending school full-time in January at a nearby university. She was awarded a S3,000 partial tuition scholarship this year, and Reba helped out by paying the remaining S500 tuition cost. If possible, Reba thought it would be best to claim the education credit for these expenses Chapter 8 In-Class Scenario (S 8-87) Required: Using the appropriate forms and schedules, compute Dixon's Federal income tax for 2017 Make realistic assumptions about any missing data Round all dollar amounts to the nearest dollar Enter all amounts as positive numbers .It may be necessary to complete the tax schedules before completing Form 1040 .When computing the tax liability, do not round your immediate calculations. If required, round your final answers to the nearest dollar. Reba Dixon is a fifth-grade school teacher who earned a salary of $38,000 in 2017. She is 45 years old and has been divorced for four years. She receives S1,200 of alimony payments each month from her former husband. Reba also rents out a small apartment building. This year Reba received S30,000 of rental payments from tenants and she incurred S19,500 of expenses associated with the rental Reba and her daughter Heather (20 years old at the end of the year) moved to Georgia in January of this year. Reba provides more than one-half of Heather's support. They had been living in Colorado for the past 15 years, but ever since her divorce, Reba has been wanting to move back to Georgia to be closer to her family. Luckily, last December, a teaching position opened up and Reba and Heather decided to make the move. Reba paid a moving company $2,010 to move their personal belongings, and she and Heather spent two days driving the 1,426 miles to Georgia. During the trip, Reba paid $200 for lodging and $85 for meals. Reba's mother was so excited to have her daughter and granddaughter move back to Georgia that she gave Reba S3,000 to help out with the moving costs Reba rented a home in Georgia, Heather decided to continue living at home with her mom, but she started attending school full-time in January at a nearby university. She was awarded a S3,000 partial tuition scholarship this year, and Reba helped out by paying the remaining S500 tuition cost. If possible, Reba thought it would be best to claim the education credit for these expenses
