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Comprehensive PROBLEMS Rebecca and Walter Bunges have been married for 5 years. They live at 883 Scrub Brush Street, Apt. 52B Las Vegas Nevada 89125.

Comprehensive PROBLEMS Rebecca and Walter Bunges have been married for 5 years. They live at 883 Scrub Brush Street, Apt. 52B Las Vegas Nevada 89125. Rebecca is a homemaker and Walt is a high school teacher. Rebecca's social security number is 222 -43 -76 90 and Waltz is 700-01-002. Walt earnings from teaching are: Earnings from Las Vegas school district- $50,000 Federal income tax withheld - $5000 State income tax withheld $0 The Bunges incurred the following expenses during their move from Maine to Nevada in January of 2014... Cost of moving furniture - $4300 Travel 3166 miles at $0.235 cents-744 Lodging in route $150 Meals in route - $90 House hunting trip before the move - $750 Walter's previous job, as a high school teacher in Maine, was only 5 miles from his home. Rebecca was unemployed prior to the moveThe Bunges own a ski condo in Utah. The condo was rented 40 days during 2014 and used by the Bunges for 10 days. Pertinent information about the condo rental is as follows: Rental income- $6000 Mortgage interest- 4,800 Homeowners' association dues- 2000 Utilities - 1000 Maintenance- 2800 Depreciation (assume fully depreciated) 0 The above amounts do not reflect any allocation between rental and personal use of the condo. The Banges are active managers of the condo. Required: Complete the Bunge's federal tax return for 2014. Use Form 1040, Schedule E, and Form 3903 on Pages 4-45 through 4-48 to complete their tax return

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