Comprehensive Problem 8-1

America Los Rios (age 36) is a single taxpayer, living at 4700 Oak Drive, Sacramento, CA 95841. Her Social Security number is 976-23-5132. America's earnings and income tax withholding as the manager of a local supermarket store for 2017 are:

Earnings	$69,300
Federal income tax withheld	14,800
State income tax withheld	2,350

America's other income includes qualifying dividends on American River Corporation stock of $4,500 and interest on a long-term certificate of deposit at Bank of Sacramento of $5,100.

During the year, America paid the following amounts (all of which can be substantiated):

Home mortgage interest	$10,700
Credit card interest	550
Auto loan interest	1,700
Life insurance (universal policy)	750
Property taxes on personal residence	1,150
Co-pays for doctor visits during the year	650
Other medical expenses	790
Income tax preparation fee	250
Charitable contributions (in cash)	550

In her spare time, America trades stocks and bonds. During the year, she sold several stocks and received a Form 1099-B, which showed the following:

Stock	Acquired	Sold	Price		Basis
Red Co.	02/01/07	10/05/17	$5,300		$2,500
Green Co.	06/11/17	08/03/17	3,800		5,000
Blue Co.	12/12/16	09/22/17	6,300		5,000
White Co.	05/12/06	10/15/17	7,000		4,000
Black Co.	09/15/10	11/01/17	5,500		6,800

Required: Complete America's Form 1040 and Schedules A, B and D, Form 8949, and Qualified Dividends and Capital Gain Tax Worksheet. Note: She is not subject to Alternative Minimum Tax.

Make realistic assumptions about any missing data.

Enter all amounts as positive numbers except for a "loss". If required, enter a "loss" as a negative number on the tax form.

If an amount box does not require an entry or the answer is zero, enter "0".

If required round any dollar amount to the nearest dollar.

I only need answer for Schedules B