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Could someone please help me with the filling out of these proper forms? Danae Coleman is single and lives at 5411 Melbourne Avenue, Chicago, IL
Could someone please help me with the filling out of these proper forms?
Danae Coleman is single and lives at 5411 Melbourne Avenue, Chicago, IL 60455. Her SSN is 412-34-5670. Using the following information, complete her tax return for 2016 Kimber Company W-2 Gross Social security tax Medicare tax Federal withholding tax State withholding tax $90,000 5,580 1,305 17,300 2,700 Lee Company W-2: Gross Social security tax Medicare tax Federal withholding tax State withholding tax $22,500 1,395 326 2,300 600 Danae has the following itemized deductions: Real estate tax Mortgage interest Charitable contributions 7,633 8,445 3,000 Danae has the following investments: 1099-INT (Bank 1) 1099-DIV (Stock 1) Ordinary dividends Qualified dividends Capital gain distribution 2015 short-term loss carryover $2,510 2,389 1,963 (1,000) Danae received a gift of 2,000 shares of FNP Inc. stock from her Aunt Jane on January 19, 2016. The basis of the shares to Aunt Jane was $4,300, and they had an FMV of $4,600 on the date of the gift. Aunt Jane purchased the stock on December 30, 2014. On June 30, 2016, Danae sold all the shares for $6,000 Danae is an avid stamp collector and purchased a rare stamp on March 20, 2007, for S4,000. She sold the stamp for $6,000 on April 8, 2016 Prepare Form 1040 and all related schedules, forms, and worksheets for 2016. Danae does not donate to the presidential election campaign. Danae had qualifying health care coverage at all times during the tax year. (Indicate losses with minus sign and enter all other values as positive amounts.) Use the appropriate Tax Tables Danae Coleman is single and lives at 5411 Melbourne Avenue, Chicago, IL 60455. Her SSN is 412-34-5670. Using the following information, complete her tax return for 2016 Kimber Company W-2 Gross Social security tax Medicare tax Federal withholding tax State withholding tax $90,000 5,580 1,305 17,300 2,700 Lee Company W-2: Gross Social security tax Medicare tax Federal withholding tax State withholding tax $22,500 1,395 326 2,300 600 Danae has the following itemized deductions: Real estate tax Mortgage interest Charitable contributions 7,633 8,445 3,000 Danae has the following investments: 1099-INT (Bank 1) 1099-DIV (Stock 1) Ordinary dividends Qualified dividends Capital gain distribution 2015 short-term loss carryover $2,510 2,389 1,963 (1,000) Danae received a gift of 2,000 shares of FNP Inc. stock from her Aunt Jane on January 19, 2016. The basis of the shares to Aunt Jane was $4,300, and they had an FMV of $4,600 on the date of the gift. Aunt Jane purchased the stock on December 30, 2014. On June 30, 2016, Danae sold all the shares for $6,000 Danae is an avid stamp collector and purchased a rare stamp on March 20, 2007, for S4,000. She sold the stamp for $6,000 on April 8, 2016 Prepare Form 1040 and all related schedules, forms, and worksheets for 2016. Danae does not donate to the presidential election campaign. Danae had qualifying health care coverage at all times during the tax year. (Indicate losses with minus sign and enter all other values as positive amounts.) Use the appropriate Tax Tables
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