- Rhonda Hill (unmarried) is employed as an office manager at the main office of Carter and Associates CPA firm. Rhonda lives in a home she purchased 20 years ago. Rhonda’s older cousin Mabel Wright lives with Rhonda in the home. Mabel is retired and receives $2,400 of Social Security payments each year. Mabel is able to save this money because Rhonda provides all of Mabel’s support. Rhonda also provided the following information:
- Rhonda does not want to confribute to the presidential election campaign.
- Rhonda lives at 1234 Blue Ridge Way, Tulsa, Oklahoma 74101.
- Rhonda’s birthday is 12/18/1958 and her Social Security number is 335-67-8910.
- Mabel’s birthday is 11/2/1949 and her Social Security number is 566-77-8899. Rhonda does not have any foreign bank accounts or frusts.
- Rhonda received a Form W-2 from Carter and Associates (her employer) that contained the following information:
Line 1 Wages. tiDS- other comoensation | $72,000 | |
Line 2 Federal income tax withheld | 7,800 | |
Line 3 Social Security wages | 72,000 | |
Line 4 Social Security tax withheld | 4,464 | |
Line 5 Medicare wages and tins | 72,000 | |
Line 6 Medicare tax withheld | 1 , 044 | |
Line 16 State wazes, tips, etc. | 72,000 | |
• | Line 17 State income tax | 2,700 |
- Carter and Associates address is 1234 CPA Way Tulsa, Oklahoma
74101; its FEIN is 91-0001002; and its State ID number is
123456678
O McGraw Hill LLC. All rights reserved. No reproduction or distribution without the prior written consent of McGraw Hill LLC.
- Rhonda received $250 in interest from Tulsa City bonds, $120 interest from IBM bonds, and $15 from her savings account at OCU Credit Union. She also received a $460 dividend from Huggies Company and $500 from Bicker Corporation. Both dividends are qualified dividends.
- Rhonda sold 200 shares of DM stock for $18 a share on June 15, 2022. She purchased the stock on December 12, 2014, for $10 a share. She also sold 50 shares of RSA stock for $15 a share on October 2, 2022. She purchased the stock for $65 a share on February 2, 2022. Stock basis amounts and proceeds have been reported to the IRS with no adjustments required.
- The following is a record of the medical expenses that Rhonda paid for herself during the year. The amounts reported are amounts she paid in excess of insurance reimbursements. Rhonda drove 210 miles for medical purposes uniformly over 2022.
Insurance premiums $3,700 Prescription medications 100 Over-the-counter medications 250 Doctor and dentist visits -1450
Eyeglasses 300
Physical therapy 200
- Rhonda paid $6,800 in mortgage interest during the year to UCU credit union (reported to her on Form 1098). She also paid $1,240 in real property taxes during the year.
- Rhonda contributed $5,400 to Heavenly Church during the year. Heavenly Church’s address is 1342 Religion Way, Tulsa, Oklahoma 74101.
Rhonda did not buy, sell, exchange, or otherwise acquire any financial interest in a virtual currency
Please use the forms below to complete the problem I really need help. Thank you
https://www.irs.gov/pub/irs-pdf/f1040s8.pdf
https://www.irs.gov/pub/irs-pdf/f1040sd.pdf
https://www.irs.gov/pub/irs-pdf/f1040.pdf
https://www.irs.gov/pub/irs-pdf/f1040sa.pdf
I can send pictures of these forms if needed, the assignment needs me to use the information given above to complete the for-mentioned forms.
