Do required A and fill out form 1040 A

and schedule A

DI ILLULILU UMILLIL. 34 Shauna Coleman is single. She is employed as an architectural designer for Stream- line Design (SD). Shauna wanted to determine her taxable income for this year. She correctly calculated her AGI. However, she wasn't sure how to compute the rest of her taxable income. She provided the following information with hopes that you could use it to determine her taxable income. a) Shauna paid $4,680 for medical expenses for care from a broken ankle. Also, Shauna's boyfriend, Blake, drove Shauna (in her car) a total of 115 miles to the doctor's office so she could receive care for her broken ankle. b) Shauna paid a total of $3,400 in health insurance premiums during the year (not through an exchange). SD did not reimburse any of this expense. Besides the health insurance premiums and the medical expenses for her emiums and the medical expenses for her broken ankle, Shauna had Lasik eye surgery last year and paid $3,000 for the surgery (she received in she received no insurance reimbursement). She also incurred $450 of other medical expenses for the year. c) SD withheld $1.800 of state income tax. $7.495 of Social Security tax, and $14.500 of federal income tax from Shauna's paychecks throughout the year d) In 2019, Shauna was due a refund of $250 for overpaying her 2018 state taxes. state tax return that she filed in April 2019, she applied the overpay ment toward her 2019 state tax liability. She estimated that her state tax liability for 2019 will be $2,300. e) Shauna paid $3,200 of property taxes on her personal residence. She also paid S500 to the developer of her subdivision, because he had to replace the sidewalk in certain areas of the subdivision. f) Shauna paid a $200 property tax based on the state's estimate of the value of her car. g) Shauna has a home mortgage loan in the amount of $220,000 that she secured when she purchased her home. The home is worth about $400,000. Shauria par interest of $12,300 on the loan this year. h) Shauna made several charitable contributions throughout the year. She contrib- uted stock in ZYX Corp. to the Red Cross. On the date of the contribution, the fair market value of the donated shares was $1,000 and her basis in the shares was $400. Shauna originally bought the ZYX Corp. stock in 2009. Shauna also contributed $300 cash to State University and religious artifacts she has held for several years to her church. The artifacts were valued at $500 and Shauna's basis in the items was $300. Shauna had every reason to believe the church would keep them on display indefinitely. Shauna also drove 200 miles doing church-related errands for her minister. Finally, Shauna contributed $1,200 of services to her church last year. i) Shauna paid $250 in investment advisory fees and another $150 to have her tax return prepared (that is, she paid $150 in 2019 to have her 2018 tax return prepared). i) Shauna is involved in horse racing as a hobby. During the year, she won $2,500 in prize money and incurred $10,000 in expenses. She has never had a profitable year with her horse-racing activities, so she acknowledges that this is a hobby for federal income tax purposes. k) Shauna sustained $2,000 in gambling losses over the year (mostly horse-racing bets) and had only $200 in winnings. Required: a) Determine Shauna's taxable income and complete page 2 of Form 1040 (through taxable income, line 10) and Schedule A assuming her AGI is $107.000. late of Form 104 (through 3a 5a Form 1040 (2018) 1 Wages, salaries, tips, etc. Attach Form(s) W-2. . . b Taxable interest . . . 2a Tax-exempt interest . . . Attach Form(s) b Ordinary dividends W-2. Also attach 3a Qualified dividends. . . Form(s) W-2G and b Taxable amount 4a . . . 1099-R if tax was 4a IRAs, pensions, and annuities. withheld. 5a Social security benefits . . b Taxable amount. . 6 Total income. Add lines 1 through 5. Add any amount from Schedule 1, line 22 7 Adjusted gross income. If you have no adjustments to income, enter the amount from line 6; otherwise, Standard subtract Schedule 1, line 36, from line 6 . . . . . . . . . . . . . . . . . Deduction for 8 Standard deduction or itemized deductions (from Schedule A) . . . . . . Single or married filing separately, 9 Qualified business income deduction (see instructions) . . . . . . . . . . . . . . $12,000 10 Taxable income. Subtract lines 8 and 9 from line 7. If zero or less, enter-O- . . Married filing . . . . jointly or Qualifying 11 a Tax (see inst.) (check if any from: 1 Form(s) 8814 2 Form 4972 30 10 2018 54 OMB No. 1545-0074 SCHEDULE A Itemized Deductions (Form 1040) Go to www.irs yow Scheduled for instructions and the latest information Department of the Treasury Altach to Form 1040. Attachment Segance No. 07 e Bervice Caution. If you are coming a rat gaited disasters on Form 4554, see the instructions for line 16. Nare shown on Form 1040 Your social security number Medical and Dental Expenses Taxes You Paid Caution: Do not include expenses reimbursed or paid by others. 1 Medical and dental expenses (see instructions - - - - 2 Enter amount from Form 1040, line 7 2 3 Multiply line 2 by 7.5% (0.075). . . 4 Subtract line 3 from line 1. If line 3 is more than line 1. enter-O- 5 State and local taxes. a State and local income taxes or general sales taxes. You may include either income taxes or general sales taxes on Ine 5a, but not both. If you elect to include general sales taxes instead of income taxes, check this bax . . . O b State and local real estate taxes (see instructions). . . . State and local personal property taxes-.-- d Add lines 5a through 5c ..... e Enter the smaller of line 5d or $10,000 ($5,000 if married filing separately) . 6 Other taxes. List type and amount ba interest You Paid Caution: Your dentulon may be 7 Add lines 5e and 6 . . . . B Horne martaage interest and paints. If you didn't use all of your home mortgage loans) to buy, build, or improve your home. see instructions and check this box. . . U a Home mortgage interest and points reported to you on Form 1098 . . . . . . . . - .- b Home mortgage interest not reported to you on Form 1098. If paid to the person from whom you bought the home, see instructions and show that person's name, identifying no., and address 10 . 12 - c Points not reported to you on Form 1098. See Instructions for special rules. . . . . . . . . . . . . . . BC d Reserved. . . . . . . . . . . . . . . . - e Add lines a through c . . . 9 Investment interest. Attach Form 4952 required. See instructions. . . . . . . . . . . . . . 10 Add lines Be and 9 .. . . . Gifts to 11 Gifts by cash or check. If you made any gift of $250 or more Charity see instructions . . . . . . . . . 12 Other than by cash or check. If any gift of $250 or more, see you made a gift and got a instructions. You must attach Form 8283 if over $500.. benefit for 13 Carryover from prior year .... ........ 13 see Instructions. 14 Add lines 11 through 13. .... Casualty and 15 Casualty and theft loss(es) from a federally declared disaster (other than not qualified Theft Losses disaster losses). Attach Form 4684 and enter the amount from line 18 of that form. See instructions. . Other 16 Other-from list in instructions. List type and amount Itemized Deductions Total 17 Add the amounts in the far right column for lines 4 through 16. Also, enter this amount on Form 1040, line B . . - . . . . . . . . . . . . . . . . . Itemized Deductions 18 If you elect to itemize deductions even though they are less than your standard deduction, check here . .. . . . . Cat No. 171450 For Paperwork Reduction Act Notice, see the instructions for Form 1040. Schedule A Form 1040) 2018 DI ILLULILU UMILLIL. 34 Shauna Coleman is single. She is employed as an architectural designer for Stream- line Design (SD). Shauna wanted to determine her taxable income for this year. She correctly calculated her AGI. However, she wasn't sure how to compute the rest of her taxable income. She provided the following information with hopes that you could use it to determine her taxable income. a) Shauna paid $4,680 for medical expenses for care from a broken ankle. Also, Shauna's boyfriend, Blake, drove Shauna (in her car) a total of 115 miles to the doctor's office so she could receive care for her broken ankle. b) Shauna paid a total of $3,400 in health insurance premiums during the year (not through an exchange). SD did not reimburse any of this expense. Besides the health insurance premiums and the medical expenses for her emiums and the medical expenses for her broken ankle, Shauna had Lasik eye surgery last year and paid $3,000 for the surgery (she received in she received no insurance reimbursement). She also incurred $450 of other medical expenses for the year. c) SD withheld $1.800 of state income tax. $7.495 of Social Security tax, and $14.500 of federal income tax from Shauna's paychecks throughout the year d) In 2019, Shauna was due a refund of $250 for overpaying her 2018 state taxes. state tax return that she filed in April 2019, she applied the overpay ment toward her 2019 state tax liability. She estimated that her state tax liability for 2019 will be $2,300. e) Shauna paid $3,200 of property taxes on her personal residence. She also paid S500 to the developer of her subdivision, because he had to replace the sidewalk in certain areas of the subdivision. f) Shauna paid a $200 property tax based on the state's estimate of the value of her car. g) Shauna has a home mortgage loan in the amount of $220,000 that she secured when she purchased her home. The home is worth about $400,000. Shauria par interest of $12,300 on the loan this year. h) Shauna made several charitable contributions throughout the year. She contrib- uted stock in ZYX Corp. to the Red Cross. On the date of the contribution, the fair market value of the donated shares was $1,000 and her basis in the shares was $400. Shauna originally bought the ZYX Corp. stock in 2009. Shauna also contributed $300 cash to State University and religious artifacts she has held for several years to her church. The artifacts were valued at $500 and Shauna's basis in the items was $300. Shauna had every reason to believe the church would keep them on display indefinitely. Shauna also drove 200 miles doing church-related errands for her minister. Finally, Shauna contributed $1,200 of services to her church last year. i) Shauna paid $250 in investment advisory fees and another $150 to have her tax return prepared (that is, she paid $150 in 2019 to have her 2018 tax return prepared). i) Shauna is involved in horse racing as a hobby. During the year, she won $2,500 in prize money and incurred $10,000 in expenses. She has never had a profitable year with her horse-racing activities, so she acknowledges that this is a hobby for federal income tax purposes. k) Shauna sustained $2,000 in gambling losses over the year (mostly horse-racing bets) and had only $200 in winnings. Required: a) Determine Shauna's taxable income and complete page 2 of Form 1040 (through taxable income, line 10) and Schedule A assuming her AGI is $107.000. late of Form 104 (through 3a 5a Form 1040 (2018) 1 Wages, salaries, tips, etc. Attach Form(s) W-2. . . b Taxable interest . . . 2a Tax-exempt interest . . . Attach Form(s) b Ordinary dividends W-2. Also attach 3a Qualified dividends. . . Form(s) W-2G and b Taxable amount 4a . . . 1099-R if tax was 4a IRAs, pensions, and annuities. withheld. 5a Social security benefits . . b Taxable amount. . 6 Total income. Add lines 1 through 5. Add any amount from Schedule 1, line 22 7 Adjusted gross income. If you have no adjustments to income, enter the amount from line 6; otherwise, Standard subtract Schedule 1, line 36, from line 6 . . . . . . . . . . . . . . . . . Deduction for 8 Standard deduction or itemized deductions (from Schedule A) . . . . . . Single or married filing separately, 9 Qualified business income deduction (see instructions) . . . . . . . . . . . . . . $12,000 10 Taxable income. Subtract lines 8 and 9 from line 7. If zero or less, enter-O- . . Married filing . . . . jointly or Qualifying 11 a Tax (see inst.) (check if any from: 1 Form(s) 8814 2 Form 4972 30 10 2018 54 OMB No. 1545-0074 SCHEDULE A Itemized Deductions (Form 1040) Go to www.irs yow Scheduled for instructions and the latest information Department of the Treasury Altach to Form 1040. Attachment Segance No. 07 e Bervice Caution. If you are coming a rat gaited disasters on Form 4554, see the instructions for line 16. Nare shown on Form 1040 Your social security number Medical and Dental Expenses Taxes You Paid Caution: Do not include expenses reimbursed or paid by others. 1 Medical and dental expenses (see instructions - - - - 2 Enter amount from Form 1040, line 7 2 3 Multiply line 2 by 7.5% (0.075). . . 4 Subtract line 3 from line 1. If line 3 is more than line 1. enter-O- 5 State and local taxes. a State and local income taxes or general sales taxes. You may include either income taxes or general sales taxes on Ine 5a, but not both. If you elect to include general sales taxes instead of income taxes, check this bax . . . O b State and local real estate taxes (see instructions). . . . State and local personal property taxes-.-- d Add lines 5a through 5c ..... e Enter the smaller of line 5d or $10,000 ($5,000 if married filing separately) . 6 Other taxes. List type and amount ba interest You Paid Caution: Your dentulon may be 7 Add lines 5e and 6 . . . . B Horne martaage interest and paints. If you didn't use all of your home mortgage loans) to buy, build, or improve your home. see instructions and check this box. . . U a Home mortgage interest and points reported to you on Form 1098 . . . . . . . . - .- b Home mortgage interest not reported to you on Form 1098. If paid to the person from whom you bought the home, see instructions and show that person's name, identifying no., and address 10 . 12 - c Points not reported to you on Form 1098. See Instructions for special rules. . . . . . . . . . . . . . . BC d Reserved. . . . . . . . . . . . . . . . - e Add lines a through c . . . 9 Investment interest. Attach Form 4952 required. See instructions. . . . . . . . . . . . . . 10 Add lines Be and 9 .. . . . Gifts to 11 Gifts by cash or check. If you made any gift of $250 or more Charity see instructions . . . . . . . . . 12 Other than by cash or check. If any gift of $250 or more, see you made a gift and got a instructions. You must attach Form 8283 if over $500.. benefit for 13 Carryover from prior year .... ........ 13 see Instructions. 14 Add lines 11 through 13. .... Casualty and 15 Casualty and theft loss(es) from a federally declared disaster (other than not qualified Theft Losses disaster losses). Attach Form 4684 and enter the amount from line 18 of that form. See instructions. . Other 16 Other-from list in instructions. List type and amount Itemized Deductions Total 17 Add the amounts in the far right column for lines 4 through 16. Also, enter this amount on Form 1040, line B . . - . . . . . . . . . . . . . . . . . Itemized Deductions 18 If you elect to itemize deductions even though they are less than your standard deduction, check here . .. . . . . Cat No. 171450 For Paperwork Reduction Act Notice, see the instructions for Form 1040. Schedule A Form 1040) 2018