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Use the following information to complete Johnelle and Latoya Henry s 2 0 2 4 federal income tax return. If any information is missing, use
Use the following information to complete Johnelle and Latoya Henrys federal
income tax return. If any information is missing, use reasonable assumptions to fill in the
gaps.
The forms, schedules, and instructions can be found at the IRS website wwwirs.gov
The instructions can be helpful in completing the forms.
Facts:
Johnelle Henry is employed as a human resources manager for Toys Unlimited, Inc., and
Latoya is a financial planner for her mothers company, Longterm Investments, Inc., a
fullservice wealthplanning firm. They provide the following information:
They both want to contribute to the presidential election campaign.
They live at Old Waverly, Charleston, South Carolina
Johnelles birthday is and his Social Security number is
Latoyas birthday is and her Social Security number is
Johnelle and Latoya do not have any foreign bank accounts or trusts.
Johnelle received a Form W from Toys Unlimited, Inc. that contained the following
information:
Line Wages, tips, other compensation $
Line Federal income tax withheld
Line Social Security wages
Line Social Security tax withheld
Line Medicare wages and tips
Line Medicare tax withheld
Line State income tax
Latoya received a Form W from Longterm Investments, Inc., that contained the
following information:Line Wages, tips, other compensation $
Line Federal income tax withheld
Line Social Security wages
Line Social Security tax withheld
Line Medicare wages and tips
Line Medicare tax withheld
Line State income tax
Johnelle and Latoya incurred the following medical expenses for the year:
Transportation to Chicago for Johnelles cancer treatment in July miles
Unreimbursed hospital charges for Johnelle $
Unreimbursed prescription drug charges for Johnelle and Latoya
Unreimbursed physician charges for Johnelle and Latoya
Unreimbursed prescription glasses for Latoya
Laser hair removal treatment for Latoya so that she will no
longer need to shave her legs
Johnelle and Latoya paid $ of interest payments on their primary residence
acquisition debt of $ They also paid $ of interest expense on Latoyas car
loan and $ of interest on their Visa card.
Johnelle and Latoya paid $ of real estate taxes on their home and $ of real
estate tax on a vacant lot they purchased with the hope of building their dream home in
the future. They also paid $ in sales tax on Latoyas car and other purchases and
$ of ad valorem personal property tax on their cars.
Johnelle and Latoya made the following contributions this year:
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