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needing help on the 1040 and schedule a and c Thank you INDIVIDUAL TAX RETURN PROBLEMS the the following information complete Armando a des Gomes

needing help on the 1040 and schedule a and c
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INDIVIDUAL TAX RETURN PROBLEMS the the following information complete Armando a des Gomes Any required formschedules, and instructions can be found the white www.now. The rock.cate in completing the form Facts L. Armando ad Ludes. Goals med and file a jemande deployed det des college procede Lunes hanche adren. Teades is Ricardo, who lives me. Rais Sowdent at the Chivity of Cincinnati and worked part time during the vided swad Ricardo's support including for Ricardo talk They provided over! porte de Scien, who sine studente del College in cima Selena worked part time side come during the wearing 12 mied wome was married in December 2016 She filed as with her husband who came during the year. Felipe they lived in the Gene heme for the entire you. The Coales provide you with the wings Armando and would like to the appuid for their children . The do www.core dhe police.com - The Gees live 621 AvenueCinch 11. Armando's birthday is 35/1961 and his Social Security numbers 333-33-666 . Ricardo's birthday is 11/1995 and his Social Security is 576-15-O . Selebirthday is and her Social Security meri 575-93-4301 . Felipeburthday is 13/12/2006 and his Social Security 63 The Gases do have any foreign com 2. Landes ia lecturer Xavier Chiensity in Cincinnati, when the cared The university with federal income of Cocinay income as of $375, S1, Social Security tax, and 435 3. The Gessleses received $800 e interest from Sue Savings Bankas cent. They received of 1,000 City of Cathy is way with the proceeds of loan from Thund Bank of Ccm They paid interest of $1.000 on the loan. Amando da dividend of a General Bicycle Corps stock leown Lourdes recere dividend of 5300 ca Acme Clothing Corporation she was made and Leserved is located as West Arte. Ci 45211, and hide fication materis01-2222222. Armandes proses daring the year were $111.000 Amundo este cathod of counting for his bis Armando Adam Phones hen Malectie de Fire for overtaling State of Chio for work performed on wife in estemorrowed to refutich office Accounce Om 30.000 Payrolles Iso Armando decided to refus his office. This project was completed the placed in se on July 1. Amando apenditures included SR.000 new office furniture, 56.000 for new desta cateva pred and 52.000 aw computer. Armando elected to computehiscence we MACRS. 1 de cette experingande chose to claim any de 5. Lourdes's mother, Maria, died on July 2, 2013, leaving Lourdes her entire estate. Included in the estate was Maria's residence (325 Oak Street, Cincinnati, Ohio 45211). Maria's basis in the residence was $30,000. The fair market value of the residence on July 2, 2013, was $155,000. The property was distributed to Lourdes on January 1, 2014. The Gonzaleses have held the property as rental property and have managed it themselves. From 2014 until June 30, 2018, they rented the house to the same tenant. The tenant was transferred to a branch office in California and moved out at the end of June. Since they did not want to bother finding a new ten- ant, Armando and Lourdes sold the house on June 30, 2018. They received $140,000 for the house and land ($15,000 for the land and $125,000 for the house). less a 6 percent commission charged by the broker. They had depreciated the house using the MACRS rules and conventions applicable to residential real estate. To compute depreciation on the house, the Gonzaleses had allocated $15.000 of the property's basis to the land on which the house is located. The Gonzaleses collected rent of $1.000 a month during the six months the house was occupied during the year. You may assume that the rental activity is considered an investment activity (not a trade or business). They incurred the following related expenses during this period: Property insurance $500 Property taxes Maintenance 465 Depreciation (to be computed) ? 800 C-10 Ascendix 6. The Gonzaleses sold 200 shares of Capp Corporation stock on September 3, 2018, for $42 a share (minus a S50 commission). The Gonzaleses received the stock from Armando's father on June 25, 1982, as a wedding present. Armando's father originally purchased the stock for $10 per share on January 1, 1970. The stock was valued at $14.50 per share on the date of the gift. No gift tax was paid on the gift. 7. Armando and Lourdes have given you a file containing the following receipts for expenditures during the year. Prescription medicine and drugs (net of insurance reimbursement) $ 376 Doctor and hospital bills (net of insurance reimbursement) 2.468 Penalty for underpayment of last year's state income tax IS Real estate taxes on personal residence 4.762 Interest on home mortgage (paid to Home State Savings & Loan) 8.250 Interest on credit cards (consumer purchases) 595 Cash contribution to St. Matthew's church 3,080 Payroll deductions for Lourdes's contributions to the United Way 150 8. The Gonzaleses filed their 2017 federal, state, and local retums on April 12, 2018 They paid the following additional 2017 taxes with their returns: federal income taxes of 5630, state income taxes of $250, and city income taxes of $75. 9. The Gonzaleses made timely estimated federal income tax payments of $1,500 cach quarter during 2018. They also made estimated state income tax payments of $300 cach quarter and estimated city income tax payments of S160 cach quarter. The Gonzaleses made all fourth-quarter payments on December 31, 2018. They would like to receive a refund for any overpayments. 10. Armando and Lourdes have qualifying insurance for purposes of the Affordable Care Act (ACA) INDIVIDUAL TAX RETURN PROBLEMS the the following information complete Armando a des Gomes Any required formschedules, and instructions can be found the white www.now. The rock.cate in completing the form Facts L. Armando ad Ludes. Goals med and file a jemande deployed det des college procede Lunes hanche adren. Teades is Ricardo, who lives me. Rais Sowdent at the Chivity of Cincinnati and worked part time during the vided swad Ricardo's support including for Ricardo talk They provided over! porte de Scien, who sine studente del College in cima Selena worked part time side come during the wearing 12 mied wome was married in December 2016 She filed as with her husband who came during the year. Felipe they lived in the Gene heme for the entire you. The Coales provide you with the wings Armando and would like to the appuid for their children . The do www.core dhe police.com - The Gees live 621 AvenueCinch 11. Armando's birthday is 35/1961 and his Social Security numbers 333-33-666 . Ricardo's birthday is 11/1995 and his Social Security is 576-15-O . Selebirthday is and her Social Security meri 575-93-4301 . Felipeburthday is 13/12/2006 and his Social Security 63 The Gases do have any foreign com 2. Landes ia lecturer Xavier Chiensity in Cincinnati, when the cared The university with federal income of Cocinay income as of $375, S1, Social Security tax, and 435 3. The Gessleses received $800 e interest from Sue Savings Bankas cent. They received of 1,000 City of Cathy is way with the proceeds of loan from Thund Bank of Ccm They paid interest of $1.000 on the loan. Amando da dividend of a General Bicycle Corps stock leown Lourdes recere dividend of 5300 ca Acme Clothing Corporation she was made and Leserved is located as West Arte. Ci 45211, and hide fication materis01-2222222. Armandes proses daring the year were $111.000 Amundo este cathod of counting for his bis Armando Adam Phones hen Malectie de Fire for overtaling State of Chio for work performed on wife in estemorrowed to refutich office Accounce Om 30.000 Payrolles Iso Armando decided to refus his office. This project was completed the placed in se on July 1. Amando apenditures included SR.000 new office furniture, 56.000 for new desta cateva pred and 52.000 aw computer. Armando elected to computehiscence we MACRS. 1 de cette experingande chose to claim any de 5. Lourdes's mother, Maria, died on July 2, 2013, leaving Lourdes her entire estate. Included in the estate was Maria's residence (325 Oak Street, Cincinnati, Ohio 45211). Maria's basis in the residence was $30,000. The fair market value of the residence on July 2, 2013, was $155,000. The property was distributed to Lourdes on January 1, 2014. The Gonzaleses have held the property as rental property and have managed it themselves. From 2014 until June 30, 2018, they rented the house to the same tenant. The tenant was transferred to a branch office in California and moved out at the end of June. Since they did not want to bother finding a new ten- ant, Armando and Lourdes sold the house on June 30, 2018. They received $140,000 for the house and land ($15,000 for the land and $125,000 for the house). less a 6 percent commission charged by the broker. They had depreciated the house using the MACRS rules and conventions applicable to residential real estate. To compute depreciation on the house, the Gonzaleses had allocated $15.000 of the property's basis to the land on which the house is located. The Gonzaleses collected rent of $1.000 a month during the six months the house was occupied during the year. You may assume that the rental activity is considered an investment activity (not a trade or business). They incurred the following related expenses during this period: Property insurance $500 Property taxes Maintenance 465 Depreciation (to be computed) ? 800 C-10 Ascendix 6. The Gonzaleses sold 200 shares of Capp Corporation stock on September 3, 2018, for $42 a share (minus a S50 commission). The Gonzaleses received the stock from Armando's father on June 25, 1982, as a wedding present. Armando's father originally purchased the stock for $10 per share on January 1, 1970. The stock was valued at $14.50 per share on the date of the gift. No gift tax was paid on the gift. 7. Armando and Lourdes have given you a file containing the following receipts for expenditures during the year. Prescription medicine and drugs (net of insurance reimbursement) $ 376 Doctor and hospital bills (net of insurance reimbursement) 2.468 Penalty for underpayment of last year's state income tax IS Real estate taxes on personal residence 4.762 Interest on home mortgage (paid to Home State Savings & Loan) 8.250 Interest on credit cards (consumer purchases) 595 Cash contribution to St. Matthew's church 3,080 Payroll deductions for Lourdes's contributions to the United Way 150 8. The Gonzaleses filed their 2017 federal, state, and local retums on April 12, 2018 They paid the following additional 2017 taxes with their returns: federal income taxes of 5630, state income taxes of $250, and city income taxes of $75. 9. The Gonzaleses made timely estimated federal income tax payments of $1,500 cach quarter during 2018. They also made estimated state income tax payments of $300 cach quarter and estimated city income tax payments of S160 cach quarter. The Gonzaleses made all fourth-quarter payments on December 31, 2018. They would like to receive a refund for any overpayments. 10. Armando and Lourdes have qualifying insurance for purposes of the Affordable Care Act (ACA)

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