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Tax Return Problem 7-1 Jeffery Norville is a single taxpayer. His SSN is 412-34-5670, and he lives at 5037 Circle Court, Crestview, IL 60543. His

Tax Return Problem 7-1

Jeffery Norville is a single taxpayer. His SSN is 412-34-5670, and he lives at 5037 Circle Court, Crestview, IL 60543. His W-2 for 2014 shows gross wages of $92,600 with $5,741 of social security and $1,343 of Medicare taxes withheld. He has $17,347 of federal withholding and $2,595 in state withholding. Jeffery does not itemize. He had the following stock transactions for the year:

Stock Shared. Date Purchased. Date Sold Sale Price Cost Basis

5,500. 7/8/13. 9/12/14. $15,000. $18,000

$800. 3/12/14. 10/21/14. 43,000. 47,000

2,800. 2/13/07. 10/21/14. 30,000. 22,000

He also has interest from a savings account with Local Neighborhood Bank of $250 and a dividend from a Form 1099-DIV of $1,600 in ordinary dividends, of which $1,350 are considered qualified dividends.

Prepare and submit a 2014 Form 1040 for Jeffery. Assume that each box 3 of the 1099-Bs was not checked for all sales transactions. do it with the taxes for 2014, thanks at least tell me which forms i need

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