Question
Jin Xiang is single and lives at 2468 North Lake Road in Deerwood, MN 56444. Her SSN is 412-34-5670. She worked the entire year for
Jin Xiang is single and lives at 2468 North Lake Road in Deerwood, MN 56444. Her SSN is 412-34-5670. She worked the entire year for Lakeland Automotive. The Form W-2 from Lakeland contained information in the following boxes:
| Wages (box 1) = | $ 42,989.28 |
|---|---|
| Federal W/H (box 2) = | $ 4,583.91 |
| Social security wages (box 3) = | $ 42,989.28 |
| Social security W/H (box 4) = | $ 2,665.34 |
| Medicare wages (box 5) = | $ 42,989.28 |
| Medicare W/H (box 6) = | $ 623.34 |
On the weekends, Jin worked at Parts-Galore, a local auto parts store. The Form W-2 from Parts-Galore contained information in the following boxes:
| Wages (box 1) = | $ 11,591.87 |
|---|---|
| Federal W/H (box 2) = | $ 548.82 |
| Social security wages (box 3) = | $ 11,591.87 |
| Social security W/H (box 4) = | $ 718.70 |
| Medicare wages (box 5) = | $ 11,591.87 |
| Medicare W/H (box 6) = | $ 168.08 |
Jin also received a Form 1099-INT from Minnesota Savings and Loan. The amount of interest income in box 1 of the Form 1099-INT was $127.58.
Jin had qualifying health care coverage at all times during the tax year.
Required:
Prepare a Form 1040 for Jin. Use the appropriate Tax Tables for 2022
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Auditing
Authors: Allan Millichamp, John Taylor
9th Edition
1844809404, 978-1844809400
