Question
Sch K-1: (-) ordinary business income = $22,750.00 (-) Charitable contributions = $800 1098-T: (-) Payments received for qualified tuition and related expenses = $1,372.25
Sch K-1:
(-) ordinary business income = $22,750.00
(-) Charitable contributions = $800
1098-T:
(-) Payments received for qualified tuition and related expenses = $1,372.25
1099-INT:
(-) Interest Income = $1,372.25
1099-DIV:
(-) Total Ordinary Dividends = $250
(-) Qualified Dividends = $250
1099-DIV:
McGladrey
(-) Wages, tips, other compensation = $87,500
(-) federal income tax withheld= $21,875
(-) social security wages = $87,500
(-) social security tax withheld= $5,425
(-) medicare wages and tips= $87,500
(-) medicare tax withheld= $1,268.75
Grant Thornton
(-) Wages, tips, other compensation = $5,792
(-) federal income tax withheld= $1,158.40
(-) social security wages = $5,792
(-) social security tax withheld= $359.10
(-) medicare wages and tips= $5,792
(-) medicare tax withheld= $83.98
QUESTION:
COMPLETE THE FOLLOWING TAX FORM: ..........
(1) Form 1040
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