02 Jul WEEK 3 Homework 1. Go To The Www.Irs.Gov Website 2. Print Out A Form 1040, Schedule A, And Instructions For This Schedule, Under “Forms And Publications”. Print The Most Recent Schedule And Instructions Available. 3. Complete
2. Print out a Form 1040, Schedule A, and instructions for this Schedule, under “Forms and Publications”. Print the most recent Schedule and Instructions available.
3. Complete the Schedule A using the following facts:
June and Mike Baird are a married couple. Together their Adjusted Gross Income is $150,000. For 20XX, they had the following items or occurrences related to itemized or possible itemized deductions. All amounts are totals for the year:
a) Mortgage interest on primary residence $6,000. Mortgage amount $220,000.
b) Property taxes, primary residence, $4,000
c) Mortgage interest on vacation home, $4,000. Mortgage amount $160,000
d) Property tax on vacation home $4,000
e) Doctors bills paid out of pocket, not covered by insurance, $2,100
f) Prescription drugs paid out of pocket $800
g) Health insurance premiums paid through employers and deducted from their gross income each week $2,400
h) Over the counter medicines to treat Mike’s athlete’s foot, $300
i) State income taxes withheld from paychecks $1,800
j) State income taxes paid with their state return last year $400
k) Total loss of car, not covered with comprehensive insurance so no insurance proceeds received. Paid $9,000 for the car used, at date of total loss, value was $4,800
l) Wallet stolen at beach, containing $800
m) Tax return preparation fees paid $200
n) Investment counselor fees paid $400
o) Cash gifts to church $2,400
p) Gifts of old clothing to Goodwill and Salvation Army, all donated August 31st, miscellaneous items listed by June as being worth $350
q) Gift of appreciated Sherwin-Williams Company stock to the Church. June had paid $1500 for the stock three years ago, and its value at date of gift (October 1) was $3,200
r) Various gifts at the holiday season to needy individuals who use the church’s soup kitchen, $200
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteDemy. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
About Writedemy
We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.
How It Works
To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Are there Discounts?
All new clients are eligible for 20% off in their first Order. Our payment method is safe and secure.