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Please do the following tax return using 2018 form 1040, schedule A and schedule B. Make sure to use new 2019 TCJA tax laws. I
Please do the following tax return using 2018 form 1040, schedule A and schedule B. Make sure to use new 2019 TCJA tax laws. I will leave 5 star review and rating.
The instructions are as follows using the facts from the problem, prepare a 2018 tax retum (Fom 1040, pages 1 and 2 AND Schedule A) Note: This problem is for the 2018 tax year. Lance H ocal Chamber o During 2018, the Deans had the folowing raceipts Salaries (s60,000 for Lance, $41,000 for Wanda) and Wanda B Drive, Santa Fe married and f Commerce, while Wanda is 31 Yucc .mployed part.eme as NM 8750L. Lance or the sparalegel for a lan 101,800 Cty of Nbuquerque general purpose bands Ally Bank certificate of deposit oiid supoort payments from Johs Alen nnual gifts from parents Settiement frem Roadrunner Touring Company Lotbery winnings Federal income tas refund (for tax year 2017) Wanda was previously married t Jn Aen.When Eey divorced several years ago, wanda was awarded cusedy of their two chidre 2.500 Penev and Kyle. (Note wanda has never issuedForm 8332 waiver.) wder the divorce decree. Ohn was obligated to pey armory and In July, while going to lunch in dewntown Santa Fe, Wanda was inured by a tour bus. As the driver was dleary at fault, the owner of the bus, Roadrunner Touring Company, paid her medical expenses (inchdng a ose week stay ins a hesp ta). To avoid a lawsuit, Roadrunne also transferred $90,000 to her in settlement of the persanal inuries she sustained The instructions are as follows using the facts from the problem, prepare a 2018 tax retum (Fom 1040, pages 1 and 2 AND Schedule A) Note: This problem is for the 2018 tax year. Lance H ocal Chamber o During 2018, the Deans had the folowing raceipts Salaries (s60,000 for Lance, $41,000 for Wanda) and Wanda B Drive, Santa Fe married and f Commerce, while Wanda is 31 Yucc .mployed part.eme as NM 8750L. Lance or the sparalegel for a lan 101,800 Cty of Nbuquerque general purpose bands Ally Bank certificate of deposit oiid supoort payments from Johs Alen nnual gifts from parents Settiement frem Roadrunner Touring Company Lotbery winnings Federal income tas refund (for tax year 2017) Wanda was previously married t Jn Aen.When Eey divorced several years ago, wanda was awarded cusedy of their two chidre 2.500 Penev and Kyle. (Note wanda has never issuedForm 8332 waiver.) wder the divorce decree. Ohn was obligated to pey armory and In July, while going to lunch in dewntown Santa Fe, Wanda was inured by a tour bus. As the driver was dleary at fault, the owner of the bus, Roadrunner Touring Company, paid her medical expenses (inchdng a ose week stay ins a hesp ta). To avoid a lawsuit, Roadrunne also transferred $90,000 to her in settlement of the persanal inuries she sustainedStep by Step Solution
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