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I only need form 1040 and schedule A 41. Beth R. Jordan lives at 2322 Skyview Road, Mesa, AZ 85201. She is a tax accountant
I only need form 1040 and schedule A
41. Beth R. Jordan lives at 2322 Skyview Road, Mesa, AZ 85201. She is a tax accountant with Mesa Manufacturing Company, 1203 Western Avenue, Mesa, AZ 85201 (employer identification number 11-1111111). She also writes computer software programs for tax practitioners and has a part-time tax practice. Beth is single and has no dependents. Beth was born on July 4, 1972, and her Social Security number is 123-i5-6789. She ants to contribute $3 to the Presidential Election Campaign Fund. The following information is shown on Beth's 2014 Wage and Tax Statement orm W-2) Line Description Amount Wages, tips, other compensation Federal income tax withheld 10,500.00 Social Security wages 65,000.00 Social Security tax withheld 4,030.00 Medicare wages and tips 65,000.00 Medicare tax withheld 15 State Arizona 16 State wages, tips, etc. 65,000.00 State income tax withheld 1,650.00 Other 2014 transactions include the following. Beth received interest of $1,300 from Arizona Federal Savings and Loan and $400 from Arizona State Bank. Each financial institution reported the interest income on a Form 1099-1NT. She received qualified dividends of S800 from Blue Corporation $750 from Green Corporation, and S650 from Orange Corporation. Each corporation reported Beth's dividend payments on a Form 1099-DIV Beth received a $1,100 income tax refund from the state of Arizona on April 29 2014. On her 2013 Federal income tax return, she reported total itemized deductions $8.200, which included $2.200 of state income tax withheld by her employer Fees earned from her part-time tax practice totaled $3,800. She paid $600 to have the tax returns processed by a computerized tax return service On February 8, Beth bought 500 shares of Gray Corporation common stock for $17.60 a share. On September 12, Beth sold the stock for $14 a share. Beth bought a used sport utility vehicle for $6,000 on June 5. She purchased the vehicle from her brother-in-law, who was unemployed and was in need of cash. On November 2, she sold the vehicle to a friend for $6.500 On January 2, Beth acquired 100 shares of Blue Corporation common stock for $30 a share. She sold the stock on December 19 for $55 a share. Beth records revenues of $16,000 from the sale of a software program she devel- oped. Beth incurred the following expenditures in connection with her software development business. Cost of personal computer (100% business use) $7,000 Cost of printer (100% business use) 41. Beth R. Jordan lives at 2322 Skyview Road, Mesa, AZ 85201. She is a tax accountant with Mesa Manufacturing Company, 1203 Western Avenue, Mesa, AZ 85201 (employer identification number 11-1111111). She also writes computer software programs for tax practitioners and has a part-time tax practice. Beth is single and has no dependents. Beth was born on July 4, 1972, and her Social Security number is 123-i5-6789. She ants to contribute $3 to the Presidential Election Campaign Fund. The following information is shown on Beth's 2014 Wage and Tax Statement orm W-2) Line Description Amount Wages, tips, other compensation Federal income tax withheld 10,500.00 Social Security wages 65,000.00 Social Security tax withheld 4,030.00 Medicare wages and tips 65,000.00 Medicare tax withheld 15 State Arizona 16 State wages, tips, etc. 65,000.00 State income tax withheld 1,650.00 Other 2014 transactions include the following. Beth received interest of $1,300 from Arizona Federal Savings and Loan and $400 from Arizona State Bank. Each financial institution reported the interest income on a Form 1099-1NT. She received qualified dividends of S800 from Blue Corporation $750 from Green Corporation, and S650 from Orange Corporation. Each corporation reported Beth's dividend payments on a Form 1099-DIV Beth received a $1,100 income tax refund from the state of Arizona on April 29 2014. On her 2013 Federal income tax return, she reported total itemized deductions $8.200, which included $2.200 of state income tax withheld by her employer Fees earned from her part-time tax practice totaled $3,800. She paid $600 to have the tax returns processed by a computerized tax return service On February 8, Beth bought 500 shares of Gray Corporation common stock for $17.60 a share. On September 12, Beth sold the stock for $14 a share. Beth bought a used sport utility vehicle for $6,000 on June 5. She purchased the vehicle from her brother-in-law, who was unemployed and was in need of cash. On November 2, she sold the vehicle to a friend for $6.500 On January 2, Beth acquired 100 shares of Blue Corporation common stock for $30 a share. She sold the stock on December 19 for $55 a share. Beth records revenues of $16,000 from the sale of a software program she devel- oped. Beth incurred the following expenditures in connection with her software development business. Cost of personal computer (100% business use) $7,000 Cost of printer (100% business use)Step by Step Solution
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