Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please complete the federal income tax return for Magdalene Distel. If required information is missing, use reasonable assumptions to fill in the gaps. Magdalene Distel

Please complete the federal income tax return for Magdalene Distel. If required information is missing, use reasonable assumptions to fill in the gaps. Magdalene Distel has undergone some major changes in her life recently. In 2017, at the age of 46, her husband, Jamie, passed away. Magdalene has not remarried as of the end of year. Magdalene currently lives in Hagerstown, MD. She was living in Chambersburg, PA when her husband passed away but she moved back to hey childhood home so she could get help from her family raising her children. Magdalene was employed in Chambersburg early in the year but left that job and relocated 100 miles away to pursue a new life and start her new job. Magdalene has three children (ages as of the end of the year): Bethann (23), Patrick (16), and Joseph (11). Magdalene would like to determine her federal income tax under the filing status that is most advantageous for her. Magdalene reported the following information: Magdalene's social security number is 294-83-2845 Bethann's social security number is 824-84-8456 Patrick's social security number is 824-34-9584 Joseph's social security number is 824-56-2984 Magdalene's mailing address is 623 S. Liberty Road Hagerstown MD 21740 Bethann is unmarried and a full-time graduate student at Pennsylvania State University (PSU)(EIN 33-9876543). PSU's address is 1250 Happy Valley, State College, PA 16801. She received her bachelor's degree the year her father passed away. This year represents her fifth year of full-time higher education schooling. Bethann works part-time in State College to help with some of her living expenses. Bethann earned $2,300 in gross income during the year and had her income tax return prepared on campus by Volunteer Income Tax Assistance (VITA) volunteers. Magdalene provided support for Bethann including paying for rent, books, tuition, food, clothes, medicine, and other support items. In total, Magdalene provided $12,700 of support for the year. PSU provided Bethann with a Form 1098-T at year end. Bethann's higher education expenses for her university studies were as follows: Tuition $6,500 Books $2,000 In order to for Magdalene to maintain a full-time job, she sends Joseph to a day care program after school five days a week. During the year, Magdalene paid the day care operator $4,250 for Joseph's care.
The day care details are as follows: Horizon Day Care 452 S. Patriot Road Hagerstown, MD 21740 EIN: 43-6598324 Magdalene's
Complete a 1040
schedul 1,2,3,b,c,se,8812
form 2441,8863,8995
image text in transcribed

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

Financial Accounting An International Introduction

Authors: David Alexander

2nd Edition

9780273685203

More Books

Students also viewed these Accounting questions

Question

Calculate a utility estimate for a target organization

Answered: 1 week ago