Complete the End of Chapter Tax Return Problem 2 P 7-54 & 7-55

Danae Coleman is single and lives at 5411 Melbourne Avenue, Chicago, IL 60455. She is a supervisor and her SSN is 412-34-5670. Using the following information, complete her tax return for 2019:

Danae has the following itemized deductions:
Real estate tax	$7,633
Charitable contributions	3,000
Denae has a short-term loss carryover from 2018	(1,000)

Danae received a gift of 2,000 shares of FNP Inc. stock from her Aunt Jane on January 19, 2019. The basis of the shares to Aunt Jane was $4,300, and they had an FMV of $4,600 on the date of the gift. Aunt Jane purchased the stock on December 30, 2017. On June 30, 2019, Danae sold all the shares for $6,000.

Danae is an avid stamp collector and purchased a rare stamp on March 20, 2009, for $4,000. She sold the stamp for $6,000 on April 8, 2019.

Prepare Form 1040 and all related schedules, forms, and worksheets for 2019. Danae does not donate to the presidential election campaign. Danae is a manager at Kimber Company and had qualifying health care coverage at all times during the tax year.

Don't forget the mortgage interest from form 1098.