Final ACC 241 Due July 9, 2019 Due all three Assignments. Submit via email by June 9, 2019 at 5:30. 1 Calculate the tax due or refund for Rose and Reginald Ryan based on the following information: ats and Rose and Reginald file married joint. They have three year old triplets Rain, Rochelle and Ruby. The Triplets attend Rego Park Day School so their parents can work. The Ryan's paid the school, 18,000 in 2019 Salary: Rose: $60,000 Reginald: $90,000 T bill interest $10,000 Contribution to Health Savings Account $1 Gift from mom $50,000 Qualified dividends $20,000 State income taxes paid $14,000 Qualified Individual Retirement Account contribut Sole proprietorship income $100,000 Charitable contributions $20,000 Qualified student loan interest $1,000 $10.000 Retirement Acco an interest $1.000 Long term capital gain $80,000 dont 550.000 d real estate Legal settlement for broken foot in car accident Unemployment Compensation $20.000 Gambling winnings $20,000 Interest City of Fort Lauderdale bonds $30.000 Life insurance proceeds paid on the death of her great grandfath Rose's brother Robert repaid her $20,000 he borrowed from her in Workmen's Compensation $30.000 Penalty for early withdrawal from a time savings account 5500 Mortgage interest paid $40.000. The $2.000.000 mongage was signed in Alimony paid $20.000. Divorce agreement signed in 2012 Child Support paid $50,000 Treasure trove $10.000 Medical expenses $40,000 Educator expenses $1,000 Federal Tax withheld $20.000 Federal Quarterly tax payments $10.000 paid $50.000 Final ACC 241 Due July 9, 2019 Due all three Assignments. Submit via email by June 9, 2019 at 5:30. 1 Calculate the tax due or refund for Rose and Reginald Ryan based on the following information: ats and Rose and Reginald file married joint. They have three year old triplets Rain, Rochelle and Ruby. The Triplets attend Rego Park Day School so their parents can work. The Ryan's paid the school, 18,000 in 2019 Salary: Rose: $60,000 Reginald: $90,000 T bill interest $10,000 Contribution to Health Savings Account $1 Gift from mom $50,000 Qualified dividends $20,000 State income taxes paid $14,000 Qualified Individual Retirement Account contribut Sole proprietorship income $100,000 Charitable contributions $20,000 Qualified student loan interest $1,000 $10.000 Retirement Acco an interest $1.000 Long term capital gain $80,000 dont 550.000 d real estate Legal settlement for broken foot in car accident Unemployment Compensation $20.000 Gambling winnings $20,000 Interest City of Fort Lauderdale bonds $30.000 Life insurance proceeds paid on the death of her great grandfath Rose's brother Robert repaid her $20,000 he borrowed from her in Workmen's Compensation $30.000 Penalty for early withdrawal from a time savings account 5500 Mortgage interest paid $40.000. The $2.000.000 mongage was signed in Alimony paid $20.000. Divorce agreement signed in 2012 Child Support paid $50,000 Treasure trove $10.000 Medical expenses $40,000 Educator expenses $1,000 Federal Tax withheld $20.000 Federal Quarterly tax payments $10.000 paid $50.000
