Question

John R. Lane *(SSN 111-44-6666) lives at 1010 Ispen Street, Yorba Linda, California 90102. John, a...

John R. Lane *(SSN 111-44-6666) lives at 1010 Ispen Street, Yorba Linda, California 90102. John, a single taxpayer, age 66, provided 60% of his cousin's support. The cousin lives in Arizona. He wants to take advantage of the presidential election campaign check-off. John was employed as an accountant before he retired during the year. Other relevant information includes:

Salary: $50,000

Pension: (All taxable) $41,000

Taxable Interest Income: $240

Deductible contribution to IRA: $ 5,500

Withholdings: $12,100

John's itemized deductions total $11,000. Complete Form 1040 and Schedule 1 for 2018. Assume any estimated tax penalty is zero.

0 0
Add a comment Improve this question Transcribed image text
Request Professional Answer

Request Answer!

We need at least 10 more requests to produce the answer.

0 / 10 have requested this problem solution

The more requests, the faster the answer.

Request! (Login Required)


All students who have requested the answer will be notified once they are available.
Know the answer?
Add Answer to:
John R. Lane *(SSN 111-44-6666) lives at 1010 Ispen Street, Yorba Linda, California 90102. John, a...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Similar Homework Help Questions
  • John R. Lane (SSN 111-44-6666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a...

    John R. Lane (SSN 111-44-6666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a single taxpayer, age 66, provided 60% of his cousin's support. The cousin lives in Arizona. He wants to take advantage of the presidential election campaign check- off. John was employed as an accountant before he retired during the year. Other relevant information includes Salary $50,000 Pension (all taxable) 41,000 Taxable interest income 240 Deductible contribution to IRA 5,500 Withholdings 12,100 John's itemized deductions total...

  • John R. Lane (SSN 111-44-6666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a...

    John R. Lane (SSN 111-44-6666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a single taxpayer, age 66, provided 60% of his cousin's support. The cousin lives in Arizona. He wants to take advantage of the presidential election campaign check- off. John was employed as an accountant before he retired during the year. Other relevant information includes Salary $50,000 Pension (all taxable) 41,000 Taxable interest income 240 Deductible contribution to IRA 5,500 Withholdings 12,100 John's itemized deductions total...

  • John R. Lane (SSN 111-44-6666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a...

    John R. Lane (SSN 111-44-6666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a single taxpayer, age 66, provided 60% of his cousin’s support. The cousin lives in Arizona. He wants to take advantage of the presidential election campaign check-off. John was employed as an accountant before he retired during the year. Other relevant information includes: Salary $50,000 Pension (all taxable) $41,000 Taxable interest income $240 Deductible contribution to IRA $5,500 Withholdings $12,100 John’s itemized deductions total $11,000....

  • John R. Lane (SSN 111-44-6666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a...

    John R. Lane (SSN 111-44-6666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a single taxpayer, age 66, provided 60% of his cousin’s support. The cousin lives in Arizona. He wants to take advantage of the presidential election campaign check-off. John was employed as an accountant before he retired during the year. Other relevant information includes: Salary $50,000 Pension (all taxable) $41,000 Taxable interest income $240 Deductible contribution to IRA $5,500 Withholdings $12,100 John’s itemized deductions total $11,000....

  • John R. Lane (SSN 111-44-666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a...

    John R. Lane (SSN 111-44-666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a single taxpayer, age 66, provided 60% of his cousin’s support. The cousin lives in Arizona. He wants to take advantage of the presidential election campaign check-off. John was employed as an accountant before he retired during the year. Other relevant information includes: Salary $50,000 Pension (all taxable) 41,000 Taxable interest income 240 Deductible contribution in IRA 6,000 Withholdings 12,100 John’s itemized deductions total $11,000....

  • Comprehensive Problem 5-1 John Williams (birthdate August 2, 1976) is a single taxpayer. John's earnings and...

    Comprehensive Problem 5-1 John Williams (birthdate August 2, 1976) is a single taxpayer. John's earnings and withholdings as the manager of a local casino for 2019 are reported on his Form W-2 (see separate tab). John received Form 1098 from the Reno Bank & Trust (see separate tab). John's other income includes interest on a savings account at Nevada National Bank of $13,691. John pays his ex-wife, Sarah McLoughlin, $3,900 per month in accordance with their February 12, 2013 divorce...

  • Note: This problem is for the 2018 tax year. Devon Bishop, age 45, is single. He lives at 1507 Rose Lane, Albuquerque, NM 87131. His Social Security number is 111-11-1112. Devon does not want $3 to...

    Note: This problem is for the 2018 tax year. Devon Bishop, age 45, is single. He lives at 1507 Rose Lane, Albuquerque, NM 87131. His Social Security number is 111-11-1112. Devon does not want $3 to go to the Presidential Election Campaign Fund. Devon's wife, Ariane, passed away in 2014. Devon's son, Tom, who is age 18, resides with Devon. Tom's Social Security number is 123-45-6788. Devon owns a sole proprietorship for which he uses the accrual method of accounting...

  • complete a 1040 (2019) Donna Jones, an administrative assistant. resides at 123 Main Street, Lawrenceville, NJ...

    complete a 1040 (2019) Donna Jones, an administrative assistant. resides at 123 Main Street, Lawrenceville, NJ V0048. She is single and has no dependents. Her social security number is 123-44-5500. She received $26,159.00 in wages and had $2.200.00 of federal income tax withheld during 2019. Donna also had $390.00 in interest income from her bank account and made $150.00 of charitable contributions during the year. Prepare her 2019 1040. One box UTU Treasury Internal Revenue Service ) U.S. Individual Income...

  • Required information [The following information applies to the questions displayed belowj John and Sandy Ferguson got...

    Required information [The following information applies to the questions displayed belowj John and Sandy Ferguson got married eight years ago and have a seven-year-old daughter, Samantha. In 2018, John worked as a computer technician at a local university earning a salary of $153,500, and Sandy worked part-time as a receptionist for a law firm earning a salary of $30,500. John also does some Web design work on the side and reported revenues of $5,500 and associated expenses of $1,500. The...

  • You are to prepare a tax return using the following information. You will need to use...

    You are to prepare a tax return using the following information. You will need to use Form 1040, Schedule B if applicable, you determine (Read requirements in text). John Brown, age 53, (social security number 554-78-4556) is single and is supporting his 18 year old son, David (social security number 444-55-7777). David is a student at MirMonte High School. They live in a rented home at 1245 West 5Th Street, Coalinga, CA. John is employed as a engineer and received...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT