Please help me ASAP! Complete the form below Schedule-A in 1040. Reposting the question third time
SCHEDULE A Form 1040 1040-SR 200 wormation Itemized Deductions Go www.in.govSchedule for instruction and the Attach to Form 1040 1040-SR you are coming and disaster loss on Fom Caution e n to Medical and Dental Expenses Taxes You Paid Caution Do not include expenses rembursed or paid by others 1 Medical and dental expenses instructions 2 Enter amount from Fom1010 1040 SR, line 2 3 Multiply line 2 by 75% 0.079 4 Subtract line from line 1. Mine 3 is more than line 1. enter- State and local taxes a State and local income taxes or general sales taxes You may include other income taxes or general sales taxes on line 5a, but not both you clect to include general sales taxes instead of income taxes check this box State and local real estate taxes instructions) Sate and local personal property taxes.. d Addines 5a through 5c ... .Enter the smaller of line 5d or $10.000 ($5.000 married fling 6 Other taxes. Ust type and amount Interest You Paid wow You 7 Add lines 5e and 6 . . 8 Home mortgage interest and points. If you didn't use all of your home mortgage loans) to buy, build, of improve your home, see instructions and check this box . . . a Home mortgage interest and points reported to you on Form 1098 See instructions if limited . . . . . b Home mortgage interest not reported to you on Form 1098. See instructions if limited. If paid to the person from whom you bought the home, see instructions and show that person's name, identifying no and address. . . . . . . . . . . . Points not reported to you on Form 1008. See instructions for special C d Mortgage insurance premiums see instructions)... Add lines Ba through ed. investment interest. Attach For 4952 required. See instructions 10 Adid lines Be and 9 Gifts to 11 Gifts by cash or check if you made any gift of $250 or more, see Charity instructions y w 12 Other than by cash or check you made any gift of $250 or more see instructions You must attach Fom 8283 fover $500.- - - 12 13 Carryover from prior year 14 Addnes 11 through 13. Casualty and 15 Casualty and the loss from a federaly declared disaster other than Theft Losses disaster Artach Form 4684 and arter the amount from line 18 of that instructions - Other 16 Other-from list in instructions. List type and amount Itemized Deductions Total 17 Add the amounts in the foreight column for lines 4 through 16 Also, t his amount on Itemired Form 1040 1040-SR ne Deductions 18 you elect to hemise deductions even though they are less than your standard deduction For Paperwork Reduction Act Notic see the instructions for Forms 100 and 1040-SR Tech ACT405 - Portfolio Project Case 2 Comprehensive Tax Problem - Option 2 Taxpayer Information Name: Bryan Jones Address: 1200 Main St. Green Bay, Wisconsin 12345 DOB: 5/6/1976 Filing Status: Single SSN: 500-10-2000 Occupation: Staff Accountant INCOME INFORMATION: Wages and Compensation The following information is taken from Bryan Jone's 2017 Form W-2 Wage and Tax Statement: 52,000 Box 1-Wages, tips, and other compensation Box 2 - Federal Withholding Box 17 - State Income Tax Withholding 8,750 1,000 Interest and Dividends Bryan has some Certificates of Deposits are Main Street bank which yielded 3.750 in interest in 2017. In addition, Bryan has interest income from municipal bonds in the amount of 1,250. Also, Bryan received $2100 in qualified dividends from Plum Electronic Co. Profit/Loss from Business Bryan has a part-time accounting services business. In 2017, his income and expenses are asf follows: Service Revenue 7,000 Office Expense 500 Advertising 750 Capital Gains Bryan had the following stock transactions in 2017: He sold 1,000 shares of Apex Co. for $ 12,000 on June 7, 2016, which he purchased on April 1, 2014 for 25,000. In addition, he sold 750 shares of Velocity Inc. for $10,000 on September 1, 2016, which he purchased on December 1, 2015 for $5,000. Rental Real Estate Bryan owns a rent house which he purchased on July 1, 2014. The income and expenses of the rental real estate unit for 2017 are as follows: Rental income Property taxes Depreciation Repairs and Maintenance Insurance $12,000 $1,500 $1,000 $750 $2,000 Other Transactions in 2017 1. Bryan received a gift of $4,000 from his brother. 2. Bryan paid $3,000 for the year in alimony to his ex-wife, per divorce decree. 3. Bryan had gambling winnings of $1,000 4. Bryan was the beneficiary of his mother's life insurance policy. His mother died in 2017 and he received $50,000 under this policy. SCHEDULE A Form 1040 1040-SR 200 wormation Itemized Deductions Go www.in.govSchedule for instruction and the Attach to Form 1040 1040-SR you are coming and disaster loss on Fom Caution e n to Medical and Dental Expenses Taxes You Paid Caution Do not include expenses rembursed or paid by others 1 Medical and dental expenses instructions 2 Enter amount from Fom1010 1040 SR, line 2 3 Multiply line 2 by 75% 0.079 4 Subtract line from line 1. Mine 3 is more than line 1. enter- State and local taxes a State and local income taxes or general sales taxes You may include other income taxes or general sales taxes on line 5a, but not both you clect to include general sales taxes instead of income taxes check this box State and local real estate taxes instructions) Sate and local personal property taxes.. d Addines 5a through 5c ... .Enter the smaller of line 5d or $10.000 ($5.000 married fling 6 Other taxes. Ust type and amount Interest You Paid wow You 7 Add lines 5e and 6 . . 8 Home mortgage interest and points. If you didn't use all of your home mortgage loans) to buy, build, of improve your home, see instructions and check this box . . . a Home mortgage interest and points reported to you on Form 1098 See instructions if limited . . . . . b Home mortgage interest not reported to you on Form 1098. See instructions if limited. If paid to the person from whom you bought the home, see instructions and show that person's name, identifying no and address. . . . . . . . . . . . Points not reported to you on Form 1008. See instructions for special C d Mortgage insurance premiums see instructions)... Add lines Ba through ed. investment interest. Attach For 4952 required. See instructions 10 Adid lines Be and 9 Gifts to 11 Gifts by cash or check if you made any gift of $250 or more, see Charity instructions y w 12 Other than by cash or check you made any gift of $250 or more see instructions You must attach Fom 8283 fover $500.- - - 12 13 Carryover from prior year 14 Addnes 11 through 13. Casualty and 15 Casualty and the loss from a federaly declared disaster other than Theft Losses disaster Artach Form 4684 and arter the amount from line 18 of that instructions - Other 16 Other-from list in instructions. List type and amount Itemized Deductions Total 17 Add the amounts in the foreight column for lines 4 through 16 Also, t his amount on Itemired Form 1040 1040-SR ne Deductions 18 you elect to hemise deductions even though they are less than your standard deduction For Paperwork Reduction Act Notic see the instructions for Forms 100 and 1040-SR Tech ACT405 - Portfolio Project Case 2 Comprehensive Tax Problem - Option 2 Taxpayer Information Name: Bryan Jones Address: 1200 Main St. Green Bay, Wisconsin 12345 DOB: 5/6/1976 Filing Status: Single SSN: 500-10-2000 Occupation: Staff Accountant INCOME INFORMATION: Wages and Compensation The following information is taken from Bryan Jone's 2017 Form W-2 Wage and Tax Statement: 52,000 Box 1-Wages, tips, and other compensation Box 2 - Federal Withholding Box 17 - State Income Tax Withholding 8,750 1,000 Interest and Dividends Bryan has some Certificates of Deposits are Main Street bank which yielded 3.750 in interest in 2017. In addition, Bryan has interest income from municipal bonds in the amount of 1,250. Also, Bryan received $2100 in qualified dividends from Plum Electronic Co. Profit/Loss from Business Bryan has a part-time accounting services business. In 2017, his income and expenses are asf follows: Service Revenue 7,000 Office Expense 500 Advertising 750 Capital Gains Bryan had the following stock transactions in 2017: He sold 1,000 shares of Apex Co. for $ 12,000 on June 7, 2016, which he purchased on April 1, 2014 for 25,000. In addition, he sold 750 shares of Velocity Inc. for $10,000 on September 1, 2016, which he purchased on December 1, 2015 for $5,000. Rental Real Estate Bryan owns a rent house which he purchased on July 1, 2014. The income and expenses of the rental real estate unit for 2017 are as follows: Rental income Property taxes Depreciation Repairs and Maintenance Insurance $12,000 $1,500 $1,000 $750 $2,000 Other Transactions in 2017 1. Bryan received a gift of $4,000 from his brother. 2. Bryan paid $3,000 for the year in alimony to his ex-wife, per divorce decree. 3. Bryan had gambling winnings of $1,000 4. Bryan was the beneficiary of his mother's life insurance policy. His mother died in 2017 and he received $50,000 under this policy
