Questions and Problems 2A. Dr. George E. Beeper is a single taxpayer born on September 22, 1970. He lives at 45 Mountain View Dr., Apt. 321, Spokane, WA 99210. Dr. Beeper's Social Security number is 775-88-9531. Dr. Beeper works for the Pine Medical Group, and his earnings and income tax withholding for 2018 are: 775-88-9531 CES. e. file 782,200.00 21.000.00 36-1389678 Pine Medical Group 800 W. 7th Avenue Spokane, WA 92204 178.400.00 132.400.00 1.919.80 DDI 5,700.00 George Booper 45 Mountain View Drive, Apt 4321 Spokane, WA 99210 WA W -2 ace and Tex 2018 Form WPL Statement Copy-To Be FEDERAL Telur Dr. Beeper owns a rental house located at 672 Lake Street, Spokane, WA 99212. The house rents for $1,000 per month and was rented for the entire year. The following are the related expenses for the rental house: Real estate taxes $ 5,800 Mortgage interest 14,500 Insurance 2,225 Depreciation (assume fully depreciated) Repairs 550 Maintenance 1,980 The house was purchased on July 5, 1983. Dr. Beeper handles all rental activities (e.g. rent collection, finding tenants, etc.) himself. In 2018, Dr. Beeper sold his primary residence as he wished to move to an apart- ment to avoid the maintenance and upkeep of a single-family home. Dr. Beeper's home sold on February 12, 2018 for $345,000 net after commissions. He acquired the home on June 3, 2000 for $260,000 and had made improvements of $10,000. Dr. Beeper was divorced in 2012. The divorce decree requires Dr. Beeper to pay his ex-wife, Meredith Gray (Social Security number 333-45-1234), $800 per month. Dr. Beeper made all his monthly alimony payments in 2018. Required: Complete Dr. Beeper's federal tax return for 2018. Determine if Form 8949 and Schedule D are required. If so, use those forms and Form 1040, Schedule E, and Form 8582 (page one only) to complete this tax return. Do not complete Form 4562 for reporting depreciation. Questions and Problems 2A. Dr. George E. Beeper is a single taxpayer born on September 22, 1970. He lives at 45 Mountain View Dr., Apt. 321, Spokane, WA 99210. Dr. Beeper's Social Security number is 775-88-9531. Dr. Beeper works for the Pine Medical Group, and his earnings and income tax withholding for 2018 are: 775-88-9531 CES. e. file 782,200.00 21.000.00 36-1389678 Pine Medical Group 800 W. 7th Avenue Spokane, WA 92204 178.400.00 132.400.00 1.919.80 DDI 5,700.00 George Booper 45 Mountain View Drive, Apt 4321 Spokane, WA 99210 WA W -2 ace and Tex 2018 Form WPL Statement Copy-To Be FEDERAL Telur Dr. Beeper owns a rental house located at 672 Lake Street, Spokane, WA 99212. The house rents for $1,000 per month and was rented for the entire year. The following are the related expenses for the rental house: Real estate taxes $ 5,800 Mortgage interest 14,500 Insurance 2,225 Depreciation (assume fully depreciated) Repairs 550 Maintenance 1,980 The house was purchased on July 5, 1983. Dr. Beeper handles all rental activities (e.g. rent collection, finding tenants, etc.) himself. In 2018, Dr. Beeper sold his primary residence as he wished to move to an apart- ment to avoid the maintenance and upkeep of a single-family home. Dr. Beeper's home sold on February 12, 2018 for $345,000 net after commissions. He acquired the home on June 3, 2000 for $260,000 and had made improvements of $10,000. Dr. Beeper was divorced in 2012. The divorce decree requires Dr. Beeper to pay his ex-wife, Meredith Gray (Social Security number 333-45-1234), $800 per month. Dr. Beeper made all his monthly alimony payments in 2018. Required: Complete Dr. Beeper's federal tax return for 2018. Determine if Form 8949 and Schedule D are required. If so, use those forms and Form 1040, Schedule E, and Form 8582 (page one only) to complete this tax return. Do not complete Form 4562 for reporting depreciation
