Bart and Elizabeth Forrest are married and have no dependents. They have asked you to advise them

Question:

Bart and Elizabeth Forrest are married and have no dependents. They have asked you to advise them whether they should file jointly or separately in 2019. They present you with the following information:

If they file separately, Bart and Elizabeth will split the real estate tax and mortgage interest deductions equally. Write Bart and Elizabeth a letter in which you make and explain a recommendation on filing status for 2019. Bart and Elizabeth reside at 2003 Highland Drive, Durham, NC 27707.

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South-Western Federal Taxation 2020 Comprehensive

ISBN: 9780357109144

43rd Edition

Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman

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Question Posted: Sep 19, 2019 10:28 AM

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Bart and Elizabeth Forrest are married and have no dependents. They have asked you to advise them

Question:

Elizabeth Joint Bart Salary (Bart) Salary (Elizabeth) Interest income Deductions for AGI Medical expenses State income tax Real estate tax Mortgage interest Unreimbursed employee expenses $38,000 $110,000 1,200 14,000 3,358 11,800 400 $2,200 2,400 10,427 900 5,800 4,200 1,200

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Maloney Raabe Young Nellen Hoffman CPAs 5191 Natorp Boulevard Mason OH 45040 January 23 2020 Mr and Mrs Bart Forrest 2003 Highland Drive Durham NC 277...View the full answer

South-Western Federal Taxation 2020 Comprehensive

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