Please fill out a tax Form 8283 with the information given.

COMPREHENSIVE PROBLEM 7-62 Dan M. and Cheryl A. Peters are married, file a joint return, and have no children. Dan, age 45, is an independent contractor working in pharmaceutical sales and Cheryl, age 42, is a nurse at a local hospital. Dan's SSN is 400-20-0000 and Cheryl's SSN is 200-40-0000 and they reside at 2033 Palmetto Drive, Atlanta, GA 30304. Dan is paid according to commissions from sales, and he has no income tax or payroll tax withholdings. Dan oper- ates his business from his home office. During 2019, Dan earned total commissions in his business of $125,000. Cheryl earned a salary during 2019 of $45,400, with the following withholdings: $6,000 federal taxes, $1,800 state taxes, $2,815 OASDI (Social Security), and 5658 Medicare taxes. During 2019, Dan and Cheryl had interest income from corporate bonds and bank ac- counts of $1,450 and qualified dividends from stocks of $5,950. Dan also actively trades stocks and had the following results for 2019: LTCG $4,900 LTCL (3,200) STCG 0 STCL (7,800) He had no capital loss carryovers from previous years. Basis for the stocks were re- ported to the IRS by the brokerage firm. Dan does a considerable amount of travel in connection with his business and uses his own car. During 2019, Dan drove his car a total of 38,000 miles, of which 32,000 were business related. He also had business-related parking fees and tolls during the year of $280. Dan uses the mileage method for deducting auto expenses. Dan also had the follow- ing travel expenses while away from home during the year: Hotel $4,200 Meals 820 Entertainment of customers 1,080 Tips 100 Laundry and cleaning 150 Total $6,350 Dan uses the simplified method to deduct expenses for his office-in-home. His office measures 15 feet by 12 feet in size. Cheryl incurred several expenses in connection with her nursing job. She paid $450 in professional dues, $200 in professional journals, and $350 for uniforms. Dan and Cheryl had the following other expenditures during the year: Health insurance premiums (after-tax) $ 4,400" Doctor bills 470 Real estate taxes on home 6,800 Personal property taxes 1,400 Mortgage interest-all deductible 7,400 Charitable contributions cash 9.000 Charitable contributions-Apple stock owned for 5 years: FMV $8,000 Adjusted basis 2,000 Tax preparation fees ($250 allocated to Dan's business) 750 * Paid by Dan in connection with his business.Noncash Charitable Contributions Form 8283 OMB Na. 1545-0074 Attach one or more Forms 8283 to your tax return if you claimed a total deduction Fin. Dacumber 2124 Mpurimant of Thea Trabury of over $500 for all contributed property. Alluchmind Intomal Barwinuil Barvice I Go to www.irs. gov/Form6263 for instructions and the latest Information. Bequince No. 155 Namojs) shown on your income tax return Identifying number DAN AND CHERYL PETERS Note: Figure the amount of your contribution deduction before completing this form. See your tax retum instructions. Section A. Donated Property of $5,000 or Less and Publicly Traded Securities-List in this section only an item for a group of similar items) for which you claimed a deduction of $5,000 or less. Also list publicly traded securities and certain other property even if the deduction is more than $5,000. See instructions. Part I Information on Donated Property-If you need more space, altach a statement. al Nama and address of the (bj if donated property in a whicha then instructions), | Dickcription and condition of donated property chack tha box. Also anbar the which identification (For a withicin, ander the year, mika, modal, find number (unless Form 1090-C is attached). milangi. For securities and other properly, Some Instructional Note: If the amount you claimed as a deduction for an item is $500 or less, you do not have to complete columns (e), (f), and (g). (d) Date of the In How naquined (al Dunar's cost Chi Fair market value Method tend to debanin contribution by donor jmu, ".) by dunur or ajuribad bas (and instructions) the fair market value A D Section B. Donated Property Over $5,000 (Except Publicly Traded Securities, Vehicles, Intellectual Property or Inventory Reportable in Section A)-Complete this section for one item (or a group of similar items) for which you claimed a deduction of more than $5,000 per item or group (except contributions reportable in Section A). Provide a separate form for each item donated unless it is part of a group of similar items. A qualified appraisal is generally required for items reportable in Section B. See instructions Part I Information on Donated Property 2 Check the box that describes the type of properly donated. a Art (contribution of $20,000 or more Other Real Estate Vehicles Qualified Conservation Contribution f Securities Clothing and household items c Equipment g Collectibles" Other dArt* (contribution of less than $20,000) h Intellectual Property "Art Includes paintings, sculptures, watercolors, prints, drawings, ceramics, antiques, decorative arts, textiles, carpets, silver, rare manuscripts, historical memorabilia, and other similar objects. "Collectibles Include coins, stamps, books, goms, jewelry, sports memorabilia, dolls, etc., but not art as defined above. Note: In certain cases, you must attach a qualified appraisal of the properly. See instructions In) Description of doriled property if you nand hil property was donated, give in brief el Appraised fair monk space, fillach a sapanita statement summaryof the swirl physical condition of the property at the time of the git