Appendix B: Bruce Boomer Information

For your second assignment, your new boss wants you to prepare Form 1040 and Schedule B and all the necessary schedules for Bruce Boomer. Facts: Taxpayer: Bruce Boomer Address: 123 Bayleaf Street Cincinnati, OH 44000 Social Security Number: 123-45-6789 Date of Birth: December 1, 1998 Bruce is a happily single person. He is an accountant who also works a side job on weekends in an art gallery. He is not claimed as a dependent by anyone else. For last year, he had the following income: Income from last year: W-2 from accounting job Gross wages income: $50,000.00 Federal Withholding: $ 6,000.00 W-2 from art gallery Gross wages $ 5,000.00 Federal withholding $1,000.00 Interest income from bank $150.00 Interest from brokerage firm $2,000.00 Qualified dividends from large U.S. Corporation: $3,000.00