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Please complete using the 2017's forms. (1040,A,B,D and 8949) l. America Los Rios (age 36) is a single taxpayer, living at 4700 Oak Drive. Sacramento,
Please complete using the 2017's forms. (1040,A,B,D and 8949)
l. America Los Rios (age 36) is a single taxpayer, living at 4700 Oak Drive. Sacramento, CA 95841. Her Social Security number is 976-23-5132. America's earnings and income tax withholding as the manager of a leval supermarket store for 2017 are: Federal income tax withheld State income tax withheld $69,300 14,800 2350 America's other income includes qualifying dividends on American River Corporation stock of $4,511) and interest on a long-term certificate of deposit at Bank of Sacramento of $5,100. During the year, America paid the following amounts (all of which can be substantiated): Home mortgage interest Credit card interest Auto loan interest Life insurance (universal policy) Property taxes on personal residence Co-pays for doctor visits during the year Other medical expenses Income tax preparation fee Charitable contributions (in cash) $10,700 550 1, 71M) 1,150 650 550 In her spare time, America stocks and bonds. During the year, she sold several stocks and received a Form IIN9-B, which showed the following: Red co. Green Co. Blue Co. White Co. Black co. A-quired WI 1/17 12/12/16 09/15/10 Sold 10/05/17 10/15/17 11/01/17 $5,300 7,000 5,500 Required: Complete America's federal tax return for 2017. Use Form 1040, Schedule A, Schedule B, Schedule D, Form 8949. and the Qualified Dividends and Capital Gain Tax VVorksheet on pages 859 to 867 to complete this tax return (she is not subject to Alternative Minimum Tax). Make realistic assumptions about any missing data.
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