Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Marie Lincoln is a head of household. She is 3 7 years old and her address is 4 1 1 0 N . E .

Marie Lincoln is a head of household. She is 37 years old and her address is 4110 N.E.13th Street, Miami, FL 33127. Additional information about Ms. Lincoln is as follows:
Social Security number: 412-34-5670
Date of birth: 1/14/1985
W-2 for Marie shows these amounts:
Wages (box 1)= $43,611.00
Federal W/H (box 2)= $ 2,488.00
Social Security wages (box 3)= $43,611.00
Social Security W/H (box 4)= $ 2,703.88
Medicare wages (box 5)= $43,611.00
Medicare W/H (box 6)= $
632.36
Form 1099-INT for Marie shows this amount:
Box 1= $556 from A & D Bank.
Dependent: Son Steven is 10 years old. His date of birth is 5/11/2012. His Social Security number is 412-34-5672.
Marie is a retail store manager.
Prepare Form 1040 plus all the appropriate schedules and worksheets for Ms. Lincoln for
2022. She is entitled to the child tax credit (this credit is discussed in more detail in Chapter
9). For now, enter the credit on the appropriate line of the form. She wants to contribute to the presidential election campaign. Ms. Lincoln had qualifying health care coverage at all times during the tax year.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Advances In Quantitative Analysis Of Finance And Accounting - New Series

Authors: Lee Cheng Few

2nd Edition

9812386696, 9789812386694

More Books

Students also viewed these Accounting questions