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1. The following additional information is available for the family of Albert and Allison Gaytor. In 2018, Albert received a Form W-2 from his employer, Coconut Grove Fishing Charters, Inc. (hint: slightly modified from Chapter 1): 266-51-1966 OME No. 1344-00304 FAST! Umm re +file b Employer identification number (LINI 60-3456789 66,850.00 5,780.00 Panama, add Coconut Grove Fishing Charters 66,850.00 4,144.70 2432 Bay Blvd and 66,850.00 969.33 Coconut Grove, FL 33133 Aocated tip d Central number Verification code 10 Dependant cas Ba Bas ratractions for box 12 DD | 8,400.00 Albert T. Gaytor 12340 Cocoshell Road 14 Other Coral Gables, FL 33134 Parking $1,440.00 f Employee's addrow and 2Foods 15 jail Employer's state ID number 16 State wag 17 State Income tax 48 Localw 20 Lon FL L Farm W-2 Wage and Tax Statement 2018 Copy B-To Be Filed With Employee's FEDERAL Tax Relum. This information is being fumishad to the Intomal Revenue Service. In addition to the interest from Chapter 1, Albert and Allison also received three Forms 1099: CORRECTED (if checked) PAYER'S mam arevinca, country, ZIP Paper's HIN joptional) OMB NO. 1545-01 12 or tosign po Interest Florida Electric Company 1 Interest incramm 2018 Income 100 Palm Boulevard 670.33 Jupiter, FL 33458 Form 1099-INT 2 Early withdrawal panulty Copy B PAYEIT'S TIM RECIPIENTS TIN 59-0247776 3 Interest on U.Li. Linings Bands and Train. obligation For Recipient 266-51-1966 ECIPENT S mama This is important tax Albert T. Gaytor information and is 7 Portion country or LLS. p being fumished to the IF8. If you are ding apt. nal required to file a 12340 Cocoshell Road Epic pivot udivity band return, a negligence penalty or other sanction may be City or town, state or province, country, and ZIP or forsign postal code imposed on you if Coral Gables, FL 33134 10 Market discount I Bord premium this income is taxable and the IRS determines that it has FATCA Sing } not boon reported. 13 Bond primurn in to- man instructional IT Stain Lin withhold bond CUSP na. For 1099-INT keep for your records Disparimant of the Treasury - Internal Howonus bionicsICORRECTED (if checked) PAYER'S name, Street or forsign postal code, in nin, city or town, state or province, country, ZIP halophora no. In Total ordinary dividends OMH No. 1549-0110 Everglades Bank Corporation $ 1,025.00 Dividends and 1500 S. Krome Ave. Ib Quilified di 2018 Distributions Homestead, FL 33034 1,025.00 Form 1099-DIV Total capital gain distr 2h Unnicap. Bac. 1250 gain Copy B PAYLET'S TIN RECIPIENT S TIN Re Section 1202 gain Id Collectibles PBX/ gun For Recipient 57-4443344 266-34-1967 RECIMENT S name Nondividend distribution Federal income tax withhat Allison Gaytor 0.00 Thin in important Bix Information and Saction To4A dividends bailing furnished to the IHS. H you are 12340 Cocoshell Rd. city or town, at and 21 or foreign postal code sanction mary ba imporind on you if Coral Gables, FL 33134 10 Mancich liquidation duinb this income is barcibola and the THIS duforminan that it his PATCA Ving 11 Exempt-inferant dividends 12 Spochied private activity quinimant and intuit dividends 15 its tax withhold Form 1089-DIV (keep for your records www.ira.powtom1080M Department of the Treasury - Internal Revenue Service CORRECTED (if checked) AYER'S name, street addrain, city or town, state or province, country, ZIP or forsign postal code, and telephone no. In Total ordinary dividends OMB No. 1549-0110 Grapefruit Mutual Fund $ 160.00 2018 Dividends and 1500 S. Orange Blossom Trail lib Qualified dividends Distributions Orlando, FL 32809 Form 1099-DIV In Total capital gain dist. 3h Unnicap. Be. 1250 gain Copy B PAYLIS IIN Re Baction 1202 gain For Recipient 51-3334433 266-34-1967 Federal income tax withud Allison Gaytor $ 0.00 This in important fix Information and in octon 1914 dividends iing furnished Fo thi S. H you are 12340 Cocoshell Road required to film Pomign tax paid Forig country or IS: pro paraly or other City or town, state or province, country ntry, and 21 or foreign postal code sanction mary ba imposed on you if Coral Gables, FL 33134 10 Mancini liquichion d this income in boxibly and the THIS duformingn that it him PATCA Sing 11 Loomplinbrant dividends squirman 12 Specified private activity and internat dividends O Account number 14 Sibo its tax withhold Form 1089-DIV (keep for your records) www.ira.pow/Fom10%DIV nt of the The Gaytors also received interest of $745 from bonds issued by the Miami-Dade County Airport Authority (Form 1099 not shown).Albert went to the casino on his birthday and won big, as reflected on the following Form W-2G: CORRECTED if checked PAYER'S name, throat address, city TIP or forsign postal code stain, country, and 1 Auportable winnings 6,000.00 9/22/2018 2018 Mikkosukee Resort and Gaming Type of wage KENO Front Income tax withhe 1,600.00 Form W-2G 1321 Tamiami Hwy. Miami, FL 33194 Certain Gambling Winnings PAYER'S bokph 22-7777777 305-555-1212 266-51-1966 This information is biing fumbshed to the Informal WINNER'S rams #1 First LD. 12 Second LD Albert Gaytor Street add 14 Sixin winnings Copy B 12340 Cocoshell Road DF 124562 Report this income on your federal tax and 21P or famign portal code 15 Brain in 16 Load winnings riturn. if this form Coral Gables, FL 33134 shows federal income Link withhold in box 4, flach this copy In your return. Under porultion of puj coracily identity ma bar that I have furnished Signature Farm W-2G Department of the T Albert had no other gambling income or losses for the year. In February, Allison received $50,000 in life insurance proceeds from the death of her friend, Sharon. In July, Albert's uncle Ivan died and left him real estate (undeveloped land) worth $72,000. Five years ago, Albert and Allison divorced. Albert married Iris, but the marriage did not work out and they divorced a year later. Under the 2014 divorce decree, Albert pays Iris $11,500 per year in alimony. All payments were on time in 2018 and Iris' Social Security number is 667-34-9224. Three years ago, Albert and Allison were remarried. Coconut Fishing Charters, Inc. pays Albert's captain's license fees and membership dues to the Charter Fisherman's Association. During 2018, Coconut Fishing paid $1,300 for such dues and fees for Albert. Allison was laid off from her job on January 2, 2018. She received a Form 1099-G for unemployment benefits: CORRECTED if checked or forsign postal code phone na. whatn or province, country, ZIP 1 Unamp Florida Dept. of Econ. Opportunity 4,000.00 PO Box 5250 2018 Certain 1 State or local Income tax: Government refunds, credits, or offants Payments Tallahassee, FL 32314-5250 Form 1099-G PATER'S TIM 21-5556666 RECIPIENTS TIN 3 Bos S' amount in for tax year 266-34-1967 Federal Income tax withheld Copy B 150.00 For Recipient RECIPIENT'S ram S RTAA paymint This is important tax: Allison Gaytor Informman and is 7 Agriculture paymania I F checked, box Fix ing fumahad to the ing apt. no 12340 Cocoshell Rd. Market pain wiping pinaity city on town, state or province, country, and ZIP or foreign postal code Coral Gables, FL 33134 and on you i' the 11 2 Account number jam Form 1099-G Albert and his family are covered by an employee-sponsored health plan at his work. Coconut Fishing pays $700 per month in premiums for Albert and his family. During the year, Allison was in the hospital for appendix surgery. The bill for the surgery was $10,100 of which the health insurance reimbursed Albert the full $10,100. Coconut Fishing also pays for Albert's parking at the marina. The monthly cost is $120. Required: Combine this new information about the Gaytor family with the information from Chapter 1 and complete a revised 2018 tax return for Albert and Allison. Be sure to save your data input files since this case will be expanded with more tax information in later chapters