INSTRUCTIONS Based on the facts below, prepare for Shelli Thomson her US ( federal ) individual income
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Question:
INSTRUCTIONS
Based on the facts below, prepare for Shelli Thomson her US federal individual income
tax return Form her Schedule A Itemized Deductions and Schedule Additional
Credits and Payments
You must upload on Canvas the completed forms and schedules as a Word document or
PDF Screen shots will not be accepted. You can use either the forms and schedules posted
on Canvas or download the forms and schedules from irs.gov.
On the Form multiply the total amount of income you entered on the Form by
Shellis income tax rate and enter that amount on the Form
The standard deduction is $
FACTS
Shelli Thomson works as a chemist for Sargent Chemical Corp.
Shelli Thomsons
a Birthday is January ;
b Social Security number is ;
c Address is Walnut Street, Los Angeles, CA ;
d Tax return filing status is single; and
e Her ordinary income tax rate is
For the taxable year, Shelli:
a Earned $ in wages as a chemist
b Her employer, Sargent Chemical Corp, did not withhold federal and state income
taxes;
c Received $ of interest on her savings bank account;
d Paid $ in outofpocket medical expenses including copays for prescription
drugs and doctor appointments;
e Paid property real estate taxes of $ to the city of Los Angeles;
f Paid $ in home mortgage interest on her home mortgage. Her mortgage was
$ and was secured by her home;
g Incurred a $ theft loss;
h Incurred a $ casualty loss after her home was damaged by a tornado in a
federally declared disaster area;
i Donated $ in cash to a taxexempt charity; and
j Can claim a $ American Opportunity Credit.
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