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Please put in the tax form. Thank you Please put in the tax form. Thank you Michael L. (SSN 374-47-7774) and Joyce A. (SSN 642-81-9982)
Please put in the tax form. Thank you
Please put in the tax form. Thank you
Michael L. (SSN 374-47-7774) and Joyce A. (SSN 642-81-9982) Sea, both age 38, file a joint tax return. They sold the following investments during the year. All sales were reported to the Seas on Form 1099-B. None showed the Seas' basis. The Seas carried over a $260 short-term capital loss and a $2,500 long-term capital loss from 2020. The Seas report taxable wages of $51,920. From this amount $1,840 was withheld for federal income taxes. The Seas's only other item of gross income during the year was $1,200 of dividend income, which does not include any qualified dividends. Prepare the Seas' 2021 tax return. Neither want $3 to go to the Presidential election campaign fund. Use the approach from Examples 10-12 to compute the Seas' tax. The Seas live at 1319 Mayfair Drive, Champaign, IL 61821. They claim one dependent, their 13-year-old son, Tad (SSN 629-43-7881). The Seas get full health care coverage through Michael's work. The Seas sign their return on April 15, 2022. Michael L. (SSN 374-47-7774) and Joyce A. (SSN 642-81-9982) Sea, both age 38, file a joint tax return. They sold the following investments during the year. All sales were reported to the Seas on Form 1099-B. None showed the Seas' basis. The Seas carried over a $260 short-term capital loss and a $2,500 long-term capital loss from 2020. The Seas report taxable wages of $51,920. From this amount $1,840 was withheld for federal income taxes. The Seas's only other item of gross income during the year was $1,200 of dividend income, which does not include any qualified dividends. Prepare the Seas' 2021 tax return. Neither want $3 to go to the Presidential election campaign fund. Use the approach from Examples 10-12 to compute the Seas' tax. The Seas live at 1319 Mayfair Drive, Champaign, IL 61821. They claim one dependent, their 13-year-old son, Tad (SSN 629-43-7881). The Seas get full health care coverage through Michael's work. The Seas sign their return on April 15, 2022Step by Step Solution
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