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

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John R. Lane (SSN 111-44-6666) lives at 1010 Ipsen Street, Yorba Linda, California 90102. John, a single taxpayer, age 66, provided 100% of his cousin’s support. The cousin lives in Arizona. He wants to take advantage of the presidential election campaign checkoff. John is an accountant. Other relevant information includes
Salary..........................................................$20,000
Pension (all taxable)..................................  31,000
Taxable interest income...........................       300
IRA deduction.............................................   5,500
Itemized deductions (from Schedule A)..   8,000
Withholding.................................................. 6,000

Assume that Schedule A, if necessary, has already been completed. Complete Form 1040 for 2016.

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Related Book For  answer-question

Federal Taxation 2018 Comprehensive

ISBN: 9780134532387

31st Edition

Authors: Thomas R. Pope, Timothy J. Rupert, Kenneth E. Anderson

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