Question
Jonathan received a W-2 from his employer as an Architect with the following information: Hall, Crumb & Associates. 10400 Columbus Avenue, Virginia Beach, VA 23453
Jonathan received a W-2 from his employer as an Architect with the following information:
Hall, Crumb & Associates.
10400 Columbus Avenue, Virginia Beach, VA 23453
EIN: 13-5569876
Wages $99,500
Federal withheld 11,220
State taxes withheld 4,200
Social Security tax 6,169
Medicare tax 1,443
Danielle received a W-2 from her job as a Teacher with the following information:
Virginia Beach Public Schools
206 Main Street, Virginia Beach, VA 23453
EIN: 58-2345899
Wages $40,500
Federal withheld 2,680
State taxes withheld 1548
Social Security tax 2,511
Medicare tax 587
During the year, Jonathan and Danielle paid the following amounts (all of which can be substantiated):
Home mortgage interest (Commerce Bank) $17,640
Mastercard interest 750
Real estate taxes on personal residence 2,800
Property taxes on cars 462
Unreimbursed hospital bills 2,200
Prescription medicine 380
New eyeglasses and exam for Jack 450
Income tax preparation fee 200
Gambling losses 1,800
Charitable contributions:
Church (receipt) 930
VA Democratic Party (receipt) 220
United Way (receipt) 120
Noncash (Salvation Army) (receipt) 235
Owens family (house fire victims) 100
How would this information appear on their 1040 form?
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Cima Official Exam Practice Kit Fundamentals Of Management Accounting Cima Certificate In Business Accounting 2006 Syllabus
Authors: Walter Allan
2nd Edition
0750687177, 978-0750687171
