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his assignment requires that you individually (1.e., no group work) prepare a tax return (including ccompanying schedules and forms as applicable) for an individual taxpayer.

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his assignment requires that you individually (1.e., no group work) prepare a tax return (including ccompanying schedules and forms as applicable) for an individual taxpayer. In connection with the reparation of the tax return, you need to provide typed responses/calculations that explain (i) why ertain transactions are not directly reflected on the return and (ii) any treatment on the return that is not pparent from the face of the return. For example, a typed response/calculation would be needed to xplain that a loss from a sale of personal-use property is not included on the tax return. Similarly, if the acts state that there is a $100 loss but you report an $80 loss on the return after properly applying a rule hat limits the loss to $80, then you need to explain how/why you applied the rule. The explanations hould provide enough detail to explain your rationale for the treatment of those items, including any ssumptions, such that someone unfamiliar with the transactions could follow and understand your echnical analysis. Do not assume that I can read your mind or that I will recalculate your numbers to ind support for your conclusions. You must submit a hard copy of your materials by 7:30 AM on May 9010

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