Question
Elise Dubois is single, has no dependents, and lives at 55855 Ridge Drive in Lafayette, LA 70593. Her social security number is 412-34-5670 (date of
Elise Dubois is single, has no dependents, and lives at 55855 Ridge Drive in Lafayette, LA 70593. Her social security number is 412-34-5670 (date of birth 3/15/1977). Elise had qualifying health care coverage at all times during the tax year.
Her W-2 contained the following information:
| Wages (box 1) | = | $ | 48,965.25 | |
| Federal W/H (box 2) | = | $ | 5,043.40 | |
| Social security wages (box 3) | = | $ | 48,965.25 | |
| Social security W/H (box 4) | = | $ | 3,035.85 | |
| Medicare wages (box 5) | = | $ | 48,965.25 | |
| Medicare W/H (box 6) | = | $ | 710.00 | |
She has gambling winnings of $1,050 and the following expenses:
| State income taxes | $ | 3,200 | |
| Real estate property taxes | 1,150 | ||
| Medical expenses | 5,400 | ||
| Charitable cash contributions | |||
| (no single contribution was over $250) | 450 | ||
| Mortgage interest expense | 5,605 | ||
| Personal property taxes | 720 | ||
| Gambling losses | 1,160 | ||
| Job-hunting expenses within the same profession | |||
| (she did not get the new position) | 310 | ||
Prepare a Form 1040 with a Schedule 1 and Schedule A for Elise using any appropriate worksheets.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Bucks The Next Step Advanced Medical Coding And Auditing 2019/2020
Authors: Elsevier
1st Edition
0323582613, 978-0323582612
