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manually complete keith tax return inclding all required schedules and forms using the fillable forms packages. Assignment #1 - Chapter Review Problem 7-1. Read the

manually complete keith tax return inclding all required schedules and forms using the fillable forms packages.
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Assignment #1 - Chapter Review Problem 7-1. Read the information beiow and follow the inuructions. Taxpayer information: Taxpayer m2. Name: Katle Den Sin: 80+177123 March 3, 1956 Three days each weck, a laipe landucaping cive exicently swarms over the Towhicuse Terrace in Your Ciry. The grass is cut, the bees are pruned, the fouet beds are weeded, and the vicenalks are remind him of ants. atterney who does not particularfy like to spend time outoon, even wi th inith. Katie s net income $400,000 on March 3t, 2021, belore movinc ines theit wew horte a few blocks away at their curved at that addiess and had not owned any other iridental praperty during the time they owned that home. Neither Keith nor Kalie changed evgilopment lask year they moved simply becitule thay liked the new house Koith has a Tangetion investmeit account which phys him intercts. He never recolped an informabion slip but was able to tetat up the 52034 interet he recched lyt year treen Tangerine Keith recelves incanse esch year an a 11 tlip froes a trust that was set up by his lather. Keith ation has a Poyal Bagk tawings wecount to ahich he contributer 25 is of the hunds and Yatie coatributes the remaining 75\%. The 5875 shown in Bax 17 of the T5 Ule sued by Cut Youl represents rowalies paid to keith for the use of the pruning thear base be inceted In 2016. Keith iaherited a bank sccount in the 65 with a balatce of U5 5120,000 from hes uncle. At that tinte, the exchange rate was 1.2535. He neither conesuted nor withdrew any amounts from this accouint, Accordient to beak statements, the account hyd a balance of uS 5124,000 on Jamary 1tt and US $125,240 on December II the toan watertents also show thut the only credits on this acciount are for monthly istecest payments. For 2lai the artual averagn exchange rate wa5 1.2535. Keith is nos a US Citizen. He does not nted to fle a US return Reith has a 5 is recelpt far investrent counsel feres. Thoegh Kotie doemit a now it yet, in Nawember Keith booght a piect of fand in a nearby rural ares where te bopes io buid a smalt cabin. Keith's T4 and other information slips ate reprodoced bei tox. Last year keith received a tax relund of 51,000 , neluding 58.50 interest on the retand. He in hop ing foe a retund again this year. Keith is a Caradian citizen and he wants to anserer "Tes" ta the Elections Cansdo questicn. He has signed up for My faccount and would the to reptes lof online mait, now 12= Instuctioft: 1. Manually complete Keith's tax ritum ind using all required sehedules and forms, using the fillable forms packatipe. 2. As part of this asisgment, complete Step 5 Part a for Katie's tax return flor bable income: of 597,3211 . 3. Sove these forms on your computer: Assignment #1 - Chapter Review Problem 7-1. Read the information beiow and follow the inuructions. Taxpayer information: Taxpayer m2. Name: Katle Den Sin: 80+177123 March 3, 1956 Three days each weck, a laipe landucaping cive exicently swarms over the Towhicuse Terrace in Your Ciry. The grass is cut, the bees are pruned, the fouet beds are weeded, and the vicenalks are remind him of ants. atterney who does not particularfy like to spend time outoon, even wi th inith. Katie s net income $400,000 on March 3t, 2021, belore movinc ines theit wew horte a few blocks away at their curved at that addiess and had not owned any other iridental praperty during the time they owned that home. Neither Keith nor Kalie changed evgilopment lask year they moved simply becitule thay liked the new house Koith has a Tangetion investmeit account which phys him intercts. He never recolped an informabion slip but was able to tetat up the 52034 interet he recched lyt year treen Tangerine Keith recelves incanse esch year an a 11 tlip froes a trust that was set up by his lather. Keith ation has a Poyal Bagk tawings wecount to ahich he contributer 25 is of the hunds and Yatie coatributes the remaining 75\%. The 5875 shown in Bax 17 of the T5 Ule sued by Cut Youl represents rowalies paid to keith for the use of the pruning thear base be inceted In 2016. Keith iaherited a bank sccount in the 65 with a balatce of U5 5120,000 from hes uncle. At that tinte, the exchange rate was 1.2535. He neither conesuted nor withdrew any amounts from this accouint, Accordient to beak statements, the account hyd a balance of uS 5124,000 on Jamary 1tt and US $125,240 on December II the toan watertents also show thut the only credits on this acciount are for monthly istecest payments. For 2lai the artual averagn exchange rate wa5 1.2535. Keith is nos a US Citizen. He does not nted to fle a US return Reith has a 5 is recelpt far investrent counsel feres. Thoegh Kotie doemit a now it yet, in Nawember Keith booght a piect of fand in a nearby rural ares where te bopes io buid a smalt cabin. Keith's T4 and other information slips ate reprodoced bei tox. Last year keith received a tax relund of 51,000 , neluding 58.50 interest on the retand. He in hop ing foe a retund again this year. Keith is a Caradian citizen and he wants to anserer "Tes" ta the Elections Cansdo questicn. He has signed up for My faccount and would the to reptes lof online mait, now 12= Instuctioft: 1. Manually complete Keith's tax ritum ind using all required sehedules and forms, using the fillable forms packatipe. 2. As part of this asisgment, complete Step 5 Part a for Katie's tax return flor bable income: of 597,3211 . 3. Sove these forms on your computer

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