I need help with Phase 2. It has to be 2018 forms.

Appendix 4. The Schnappuuts rescive a 2017 federal income tax refund of 5818 on May 12 2018. On May 15, 2018, they receive their income tax refund from the state of Rhode Island. In January 2019, the state mails the Schnappaufs a Form 1099 G (Exhibit A-7). Their total itemized deductions in 2017 were 520.161. 5. During 2018, Joyce is the lucky ninety-third caller to a local radio station and wins $300 in cash and a Tablet. Despite repeated calls to the radio station, she has not received a Form 1099 MISC. In announcing the prize, the radio station host said that the manufacturer's suggested retail price for the Tablet is S720. However, Joyce has a catalog from Supersonic Electronics that advertises the Tablet for $595 6. The Schnappaufs receive a Form W2G Exhibit A-8) for their winnings at the Yardley Casino in Connecticut. 7. On June 26, 2018, Bill receives a check for $15.480 from the United Insurance Corporation. Though he was unaware of it, he was the designated beneficiary of an insurance policy on the life of his uncle. The policy had a maturity value of $15,100, and the letter from the company stated that his uncle had paid premiums on the policy of $3,620 (Exhibit A-9). 8. Joyce is active in the school PTO. During the year, she receives an award for outstanding service to the organization. She receives a plaque and two S125 gift certificates that were donated to the PTO by local merchants. 9. To complete phase I. you will need Form 1040, Schedule B, and Schedule D. INSTRUCTIONS: If you are using tax software to prepare the tax retum or are not com- pleting phases II and III of the problem, ignore the instructions that follow. If you are preparing the return manually, you cannot complete some of the forms used in phase I until you receive additional information provided in phase II or phase III. Therefore, as a general rule, you should only post the information to the appropriate form and not compute totals for that form. The following specific instructions will assist you in prepar- ing Part 1 of the return. a. The only form that can be totaled is Schedule B. b. Only post the appropriate information to Schedule D. Do not total any columns. More information is provided in phase III of the tax return problem. c. Do not calculate total income or adjusted gross income on page 1 of Form 1040. d. Post the appropriate information on page 2 of Form 1040, but do not total this page, compute the federal tax liability, or determine the refund or balance due. PREPARATION AID: Tax forms and instructions can be downloaded from the IRS's home page (www.irs.trcas.gov). You can also download IRS Publication 17, which is a useful guide in preparing the tax return. PHASE II-CHAPTERS 5-8 This is the second phase of the tax retum problem you began at the end of Chapter 4. This phase of the tax return incorporates the material from Chapters 5 through 8 by providing you with information concerning the Schnappaufs' deductions for 2018. They provide you with the following information. 1. Joyce writes children's books for a variety of publishers. She has been self employed since 2010. As a freelance writer, Joyce incurs costs associated with preparing a manuscript for which she does not yet have a contract. During the year, Joyce makes four business trips, cach 3 days long, to meet with various publish ers. For shorter trips that are closer to home, she either drives or takes the train and returns the same day, On December 10, 2018, Joyce receives an advance (see below) on her next book. Under the contract, Joyce is scheduled to begin work on the book on February 1, 2019, and must have it completed by November 30, 2019. The Schnappauls' home has two telephones. Joyce has a separate phone num ber for her business. The information on Joyce's business is listed below. Appendix A 8. The Schnappaus receive two Form 1098 for the cost of interest on bank loans They also pay interest on their personal credit cards Jefferson Trust 1098 (Exhibit A-13 Wakefield hous) Jefferson Trust 1098 (Exhibit A-14 Home equiry Dempsey's Department Store revolving account 5191 Brooks' Bargain Basement revolving account Jefferson Trust bank card 212 The proceeds from the home equity loan were used to renovate their kitchen 9. Bill and Joyce make cash charitable contributions to the United Fund Campaign (S5,700), Adelade University ($2,510), Tremon University (S1.900), and Christ the King Church in Kingston, RI S8,100). The Schnappaus have documenta tion to verify their cash contributions. They also donate property to the Salvation Army on July 15, 2018: Property FMV Original Cost Date Acquired Antique table $410 $225 1/4/07 Dishwasher 130 700 5/6/11 Sota bed 90 800 13/14/13 Men's suits (2) 140 540 Various The Salvation Army acknowledges that these amounts represent the fair market value of the donated items. 10. The Schnappaufs incur $3,450 in gambling losses. 11. Because Toyce is self-employed, they make federal estimated tax payments of S210 per quarter on April 15, 2018, June 15, 2018 September 15, 2018, and January 15, 2019. They also make estimated payments of $150 per quarter to the state of Rhode Island on April 15, 2018, June 15, 2018 September 15, 2018, and December 31, 2018 12. Bill and Joyce paid $7.400 in tuition, S840 for books, and $9,300 for room and board for Will, a junior, to attend Springbrook State University. They also paid $16,410 in tuition, 1950 in books, and $10,100 in room and board for Dan, a freshman at Prescott College. 13. Other information: a. Joyce's business is named Queensbridge Books, and her employer 1.D. number is 05-3456345. b. The Salvation Army's address is 15 High Street, Wakefield, R.I. 02879. C. To complete phase II, you will need the following additional forms: Schedule A Schedule C, Schedule SE, and Forms 4562, 4684, 8283, 8606, 8829, and 8863. INSTRUCTIONS: If you are using tax software to prepare the tax return or are not complet ing phase III of the problem, ignore the instructions that follow. As in phase I, there are forms in phase II that cannot be completed without ad ditional information which is provided in phase III. Therefore, as a general rule, you should only post the information to the appropriate form and not compute totals for that form. The following specific instructions will assist you in preparing Part II of the return. a. The only form that can be completed at the end of phase II is Form 8283. b. Do not calculate total income or adjusted gross income on page 1 of Form 1040. c. Post the appropriate information on page 2 of Form 1040, but do not total this page, compute the federal tax liability, or determine the refund or balance due. d. Do not calculate the total itemized deductions on Schedule A. c. Do not total Joyce's expenses on Schedule C. f. Do not compute Joyce's self-employment tax on Schedule SE. obo forms Appendix 4. The Schnappuuts rescive a 2017 federal income tax refund of 5818 on May 12 2018. On May 15, 2018, they receive their income tax refund from the state of Rhode Island. In January 2019, the state mails the Schnappaufs a Form 1099 G (Exhibit A-7). Their total itemized deductions in 2017 were 520.161. 5. During 2018, Joyce is the lucky ninety-third caller to a local radio station and wins $300 in cash and a Tablet. Despite repeated calls to the radio station, she has not received a Form 1099 MISC. In announcing the prize, the radio station host said that the manufacturer's suggested retail price for the Tablet is S720. However, Joyce has a catalog from Supersonic Electronics that advertises the Tablet for $595 6. The Schnappaufs receive a Form W2G Exhibit A-8) for their winnings at the Yardley Casino in Connecticut. 7. On June 26, 2018, Bill receives a check for $15.480 from the United Insurance Corporation. Though he was unaware of it, he was the designated beneficiary of an insurance policy on the life of his uncle. The policy had a maturity value of $15,100, and the letter from the company stated that his uncle had paid premiums on the policy of $3,620 (Exhibit A-9). 8. Joyce is active in the school PTO. During the year, she receives an award for outstanding service to the organization. She receives a plaque and two S125 gift certificates that were donated to the PTO by local merchants. 9. To complete phase I. you will need Form 1040, Schedule B, and Schedule D. INSTRUCTIONS: If you are using tax software to prepare the tax retum or are not com- pleting phases II and III of the problem, ignore the instructions that follow. If you are preparing the return manually, you cannot complete some of the forms used in phase I until you receive additional information provided in phase II or phase III. Therefore, as a general rule, you should only post the information to the appropriate form and not compute totals for that form. The following specific instructions will assist you in prepar- ing Part 1 of the return. a. The only form that can be totaled is Schedule B. b. Only post the appropriate information to Schedule D. Do not total any columns. More information is provided in phase III of the tax return problem. c. Do not calculate total income or adjusted gross income on page 1 of Form 1040. d. Post the appropriate information on page 2 of Form 1040, but do not total this page, compute the federal tax liability, or determine the refund or balance due. PREPARATION AID: Tax forms and instructions can be downloaded from the IRS's home page (www.irs.trcas.gov). You can also download IRS Publication 17, which is a useful guide in preparing the tax return. PHASE II-CHAPTERS 5-8 This is the second phase of the tax retum problem you began at the end of Chapter 4. This phase of the tax return incorporates the material from Chapters 5 through 8 by providing you with information concerning the Schnappaufs' deductions for 2018. They provide you with the following information. 1. Joyce writes children's books for a variety of publishers. She has been self employed since 2010. As a freelance writer, Joyce incurs costs associated with preparing a manuscript for which she does not yet have a contract. During the year, Joyce makes four business trips, cach 3 days long, to meet with various publish ers. For shorter trips that are closer to home, she either drives or takes the train and returns the same day, On December 10, 2018, Joyce receives an advance (see below) on her next book. Under the contract, Joyce is scheduled to begin work on the book on February 1, 2019, and must have it completed by November 30, 2019. The Schnappauls' home has two telephones. Joyce has a separate phone num ber for her business. The information on Joyce's business is listed below. Appendix A 8. The Schnappaus receive two Form 1098 for the cost of interest on bank loans They also pay interest on their personal credit cards Jefferson Trust 1098 (Exhibit A-13 Wakefield hous) Jefferson Trust 1098 (Exhibit A-14 Home equiry Dempsey's Department Store revolving account 5191 Brooks' Bargain Basement revolving account Jefferson Trust bank card 212 The proceeds from the home equity loan were used to renovate their kitchen 9. Bill and Joyce make cash charitable contributions to the United Fund Campaign (S5,700), Adelade University ($2,510), Tremon University (S1.900), and Christ the King Church in Kingston, RI S8,100). The Schnappaus have documenta tion to verify their cash contributions. They also donate property to the Salvation Army on July 15, 2018: Property FMV Original Cost Date Acquired Antique table $410 $225 1/4/07 Dishwasher 130 700 5/6/11 Sota bed 90 800 13/14/13 Men's suits (2) 140 540 Various The Salvation Army acknowledges that these amounts represent the fair market value of the donated items. 10. The Schnappaufs incur $3,450 in gambling losses. 11. Because Toyce is self-employed, they make federal estimated tax payments of S210 per quarter on April 15, 2018, June 15, 2018 September 15, 2018, and January 15, 2019. They also make estimated payments of $150 per quarter to the state of Rhode Island on April 15, 2018, June 15, 2018 September 15, 2018, and December 31, 2018 12. Bill and Joyce paid $7.400 in tuition, S840 for books, and $9,300 for room and board for Will, a junior, to attend Springbrook State University. They also paid $16,410 in tuition, 1950 in books, and $10,100 in room and board for Dan, a freshman at Prescott College. 13. Other information: a. Joyce's business is named Queensbridge Books, and her employer 1.D. number is 05-3456345. b. The Salvation Army's address is 15 High Street, Wakefield, R.I. 02879. C. To complete phase II, you will need the following additional forms: Schedule A Schedule C, Schedule SE, and Forms 4562, 4684, 8283, 8606, 8829, and 8863. INSTRUCTIONS: If you are using tax software to prepare the tax return or are not complet ing phase III of the problem, ignore the instructions that follow. As in phase I, there are forms in phase II that cannot be completed without ad ditional information which is provided in phase III. Therefore, as a general rule, you should only post the information to the appropriate form and not compute totals for that form. The following specific instructions will assist you in preparing Part II of the return. a. The only form that can be completed at the end of phase II is Form 8283. b. Do not calculate total income or adjusted gross income on page 1 of Form 1040. c. Post the appropriate information on page 2 of Form 1040, but do not total this page, compute the federal tax liability, or determine the refund or balance due. d. Do not calculate the total itemized deductions on Schedule A. c. Do not total Joyce's expenses on Schedule C. f. Do not compute Joyce's self-employment tax on Schedule SE. obo forms