Question

Elise Dubois is single, has no dependents, and lives at 55855 Ridge Drive in Lafayette, LA 70593. Her social security number is 412-34-5670 (date of birth 3/15/1977). Elise had qualifying health care coverage at all times during the tax year.

Her W-2 contained the following information: Wages (box 1) = $ 48,965.25 Federal W/H (box 2) = $ 5,043.40 Social security wages (box 3) = $ 48,965.25 Social security W/H (box 4) = $ 3,035.85 Medicare wages (box 5) = $ 48,965.25 Medicare W/H (box 6) = $ 710.00

She has gambling winnings of $1,050 and the following expenses: State income taxes $ 3,200 Real estate property taxes 1,150 Medical expenses 5,400 Charitable cash contributions (no single contribution was over $250) 450 Mortgage interest expense 5,605 Personal property taxes 720 Gambling losses 1,160 Job-hunting expenses within the same profession (she did not get the new position) 310

Prepare a Form 1040 with a Schedule 1 and Schedule A for Elise using any appropriate worksheets. (Input all the values as positive numbers. Round your final answers to the nearest whole dollar amount. Instructions can be found on certain cells within the forms.) Use the appropriate Tax Tables.

Answer 1